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5 Best Crypto Debit Cards of August 2022

With these crypto debit cards, you can earn cashbacks, rewards and more in Bitcoin, other crypto or fiat currency. We compare the best options, so you don’t have to.

1 min read

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Coinbase

Coinbase

Coinbase crypto debit card is a Visa card that works like the traditional card, enabling you to make purchases anywhere. The card is linked to your Coinbase crypto account and automatically converts crypto assets to fiat currency.

When you sign up for a Coinbase crypto debit card, you choose between 1% rewards in Bitcoin and 4% in Stellar Lumens. However, there’s the freedom to switch between the two rewards systems whenever one becomes more appealing than the other.

Coinbase Card Features

No Annual Fee

The Coinbase card qualifies as the best crypto credit card because it’s easy-to-use and doesn’t charge an annual fee. You shop and earn rewards and that’s about it.

Supports Many Cryptocurrencies

The Coinbase card supports Bitcoin, Ethereum, Stellar Lumens, Bitcoin Cash, Ripple, Litecoin, and Dogecoin. However, you only earn crypto rewards for Bitcoin (BTC) and Stellar Lumens (XLM).

Strong Security

Thanks to the robust security structure, you can’t easily lose your digital assets with the Coinbase card. The card runs a two-step verification process and can instantly freeze your account if you’re suspicious it’s been compromised.

Generous Rewards

The Coinbase card offers rewards every time you shop with up to 4% back in XLM and 1% back in Bitcoin.

Contactless Payments

You can make contactless payments if the store you’re visiting uses a near-field communication-enabled terminal.

Fees

You will incur a 2.49% transaction fee for purchases and domestic ATM cash withdrawals.

App

Coinbase operates an intuitive mobile app that makes spending easy when moving. You can turn on app notifications to avoid missing important information.

Coinbase

Best overall

The best overall Bitcoin debit card

The Coinbase crypto debit card is among the best crypto debit cards supporting multiple digital assets. It also offers excellent rewards for your everyday convenience.

Processor

Visa

Rewards

Up to 4% XLM, 1% BTC

Frequently asked questions

Pros & Cons

Supports multiple cryptocurrencies
Generous crypto rewards
Intuitive mobile app
Contactless payments
Robust security
2.49% cryptocurrency liquidation fee

Note

Traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors.

Crypto.com

Crypto.com

Crypto.com offers several beginner-friendly digital asset services, including a debit card and an accompanying intuitive mobile app. You can use your Crypto.com visa debit card to buy, sell, trade, earn, store, and pay for goods and services. Since it’s a debit card, you spend the crypto held in your account and can earn up to 8% in cash back rewards. There are no annual fees or setup charges involved when applying for and using the Crypto.com visa debit card.

Crypto.com Card Features

Five Card Tiers

There are five different tiers of prepaid debit crypto cards through which users can stake fiat currency into CRO tokens; each tier comes with various features. These are:

  • Midnight Blue: For users looking for an easy way to spend their crypto holdings. You earn 1% in rewards and can withdraw up to $200 for free from ATMs.

  • Ruby Steel: Users must stake $500 worth of CRO. You receive 2% cash back on purchases in CRO and can withdraw up to $400 for free from ATMs.

  • Royal Indigo & Jade Green: Users receive free airport lounge access, free Netflix, and 3% cash back from all purchases. You have up to $800 in fee-free ATM withdrawals.

  • Frosted Rose Gold & Icy White: For users able to lock up $50 for six months. They receive 10% off all Expedia purchases and 5% on all purchases, among other benefits.

  • Obsidian: For users able to lock up $500,000. They receive 8% cash back on all purchases, several undisclosed bonus rewards, and other merchant perks.

Mobile App

You can easily manage your crypto.com debit card using the intuitive Crypto.com app. The app is ideal for topping up your card, viewing balances, and investing in cryptocurrencies.

Private Memberships

Users with Frosted Rose Gold/Icy White and the Obsidian card tiers receive access to the Crypto.com Private Membership Club. This exclusive club offers numerous perks, including priority customer service, access to industry events, and preferential rates on substantial OTC trades.

Virtual Card

Users who upgrade to a higher tier receive a virtual card they can use as they await the arrival of their physical card.

Crypto.com

Variety

The best crypto debit card for a variety of cryptocurrencies supported

Crypto.com Visa debit card is an excellent way to transfer your crypto trading and investment profits for daily use. That’s especially true if you’re willing to stake for more extended periods.

Processor

Visa

Rewards

1–5% CRO, free Spotify & Netflix

Frequently asked questions

Pros & Cons

Numerous card tiers fit any lifestyle
CRO cashbacks
Prepaid credit cards protect your identity
Colossal CRO staking and maintaining requirements
Prolonged CRO staking periods
You lose benefits if you remove your CRO earlier than six months

Note

Traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors.

Wirex

The U.K.-based Wirex offers a crypto debit card that enables you to easily hold, save, invest, and spend your crypto holdings. In addition to the physical plastic card, there is a virtual Wirex card that you can use to make payments when you shop online.

Wirex offers a multi-currency account that supports cryptocurrencies like Bitcoin and traditional currencies like USD, GBP, and EUR. Your Wirex Bitcoin wallet and crypto debit card support fiat and digital assets. You can apply for the Wirex card from most countries globally and use it to spend fiat and cryptocurrencies anytime, anywhere.

Wirex Card Features

Crypto Rewards

Wirex runs a crypto back rewards program. Every time you use crypto to pay for goods and services, it pays you a small percentage back for using the Wirex payment card.

Money Transfer

You can make a Wirex transfer to a bank account or send money from your Wirex business or personal account to another Wirex user.

Crypto Support

The Wirex crypto debit card supports numerous crypto transactions involving coins like BTC, LTC, XRP, ETH, WAVES, DAI, NANO, and XLM. That means you can easily send and receive cryptocurrencies to other crypto accounts. Moreover, you’re also allowed to ask for crypto-backed loans without credit checks.

Crypto Savings Account

You can earn up to 16% on your savings on selected crypto and fiat currencies through a new product called Wirex X-Accounts.

Perks

The best crypto card offering the best perks for card users

Wirex might be a good option if you own crypto and use a debit card for everyday transactions. The relatively low-fees, cash back potential, excellent security measures, and user-friendly interface make it an attractive crypto debit card.

Processor

Visa / Mastercard

Rewards

0.5%–1.5% BTC

Frequently asked questions

Pros & Cons

Fast verification process
The ability to sell cryptocurrencies at low fees
Contactless VISA and Mastercard Debit Cards
Mobile App on iOS and Android
Free transfers between Wirex users
Cashback for in-store purchases
It might not be accepted at some locations
Unclear crypto exchange and external transfer fees

Note

Traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors.

Binance

The Binance Visa crypto debit card has been around since 2020, and like all other debit cards, it uses the crypto balance in your Binance account. The card has a unique transaction-push notification feature that sends a notification on your mobile app every time you make a transaction.

The card can be used anywhere you see a Visa card sign. However, you need to have an active Binance account before applying for the card. Once you receive your card and activate it, you must fund the card by transferring your crypto holdings from your spot wallet, and you’re ready to move.

Binance Card Features

Cashback Rewards

The Binance visa debit card is famous for its cash back rewards, which can go as high as 8% in BNB for every eligible purchase you make. However, the amount you receive is determined by the number of Binance coins you stake. The card offers seven levels of rewards based on your average BNB balance.

App and push notifications

The intuitive app allows you to review your daily transactions and transfers while the push notification sends you a message every time you make a purchase.

Multiple Currency Support

The card supports numerous crypto tokens, including BNB (Binance Coin), BUSD (Binance USD), BTC (Bitcoin), ETH (Ethereum), and SXP (Swipe). Additionally, it supports the EUR, USD, and several other fiat currencies.

Competitive Fees

There are no issuance fees, monthly fees, or minimum deposit fees associated with the Binance Visa card. You swipe and use the card as long as you have some crypto balance on your Binance account. There is only a 0.090% commission on spending, which applies to ATM withdrawals.

Robust Security

Like its parent company Binance exchange, the security of your funds on the Binance card and transactions are a priority to the firm. User funds are held in a segregated account, meaning that even if the card issuer becomes insolvent, the funds will be safe from creditors.

Cashback

The best crypto debit card for cashback

Choose the Binance crypto debit card if you’re looking for a card with impressive cash back rates, charges low fees, and which supports numerous crypto tokens.

Processor

Visa

Rewards

Up to 8% BNB

Frequently asked questions

Pros & Cons

Offers 8% cashback
No issuance or monthly fees
Convert crypto on demand
It only works in Europe
Balance required for cashback rewards

Note

Traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors.

Uphold

The Uphold crypto debit card can act as a store of value for anything from fiat currencies, cryptocurrencies, and even precious metals on the firm’s exchange. Apart from making purchases, you can also use it to withdraw cash, but you’ll pay some ATM withdrawal fees.

You can expect 2% cash back when you use the Uphold card to spend your cryptocurrency balance to pay for goods and services. Users can also withdraw local money in over 180 countries where the card deducts from the value of your digital asset balance without converting it into the dollar. This is a unique offering, considering the company doesn’t have its native token.

Uphold Card Features

MasterCard

Uphold is a Mastercard, and just like Visa, it boasts of high acceptance rates. That means you can use it almost everywhere. There are at least 50 million merchants and ATMs globally where you can use that card without worrying about foreign transaction fees.

Multi-Currency support

The Uphold crypto debit card supports at least 40 different kinds of crypto assets. With the rapid adoption rate in the crypto sphere, there are chances it could support many more in the future.

Uphold Card Cashback

The debit card from Uphold offers a cash back feature. That means that every time you use the card, you get a percentage of the amount you spent in crypto as a reward. Uphold offers a 2% cash back reward on purchases made in crypto. Most importantly, you’re not obligated to hold a particular type of crypto token to become eligible for the cash back rewards.

Uphold Fees

When you use the Uphold crypto debit card, the fees you’re charged are exceptionally affordable. The most prominent fee you pay is a spending commission calculated at 1.80%. The card will also set you back on a fee when you deposit. There is also no issuance fee or monthly fee associated with receiving and using this card.

Easy

The best crypto debit card for ease of use

The cash back rewards offered by the Uphold crypto debit card may not be the highest. However, they appear to be more structured practically and sustainably. Choose the uphold card if you’re looking for a debit card charging low fees and supporting a wide array of crypto tokens.

Processor

Mastercard

Rewards

2% crypto, 1% cash

Frequently asked questions

Pros & Cons

No foreign transaction fees
2% back in crypto rewards
Choose funding between USD and crypto
Available as both a virtual and plastic card
Accepts over 40 cryptocurrencies
Must join the waitlist
Charges a fee for ATM withdrawals

Note

Traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors.

The Difference between Crypto Debit Cards and Crypto Credit Cards Explained

Also known as a Bitcoin debit card, a crypto debit card is a physical card that allows you to access supported crypto from your digital wallet. The card enables you to access your crypto holdings whenever you’re shopping at a store that accepts payment using Visa cards.

The card platform converts your crypto into the accepted currency as you make your payment. You have to maintain a crypto assets or fiat balance in your digital wallet to use a crypto debit card.

What is a Crypto Credit Card?

Users of crypto credit cards use the money borrowed from the card issuer. The card company provides funds to increase your balance every time you buy. And like your traditional card, a crypto credit card allows you to earn rewards, though they are in the form of the cryptocurrency you use.

One key benefit of using crypto credit cards is that it’s a risk-free way for users to earn more cryptocurrency as they spend their crypto. Despite the volatility affecting the cryptocurrency market, crypto credit cardholders only risk their rewards, not their savings. This now is an excellent option for anyone who admires cryptocurrencies but is still a risk-averse skeptic.

What is a Crypto Debit Card?

A Crypto debit card works similar to a traditional debit card. However, unlike your regular card that draws from your bank account balance, a crypto debit card draws funds from your cryptocurrency account. And just like your usual card, you can use it to make purchases or ATM withdrawals.

In addition to helping convert your crypto holdings into fiat currencies, using some crypto debit cards lets you save on foreign transaction fees. The only would-be drawback involves geographical restrictions and potential taxation in some jurisdictions.

How to Choose the Best Crypto Debit Cards

The following are a few significant factors you need to give consideration when you’re choosing the best debit crypto cards:

Rewards Offered

The next consideration when comparing the best crypto credit cards is the crypto rewards they offer. As a rule of thumb, the higher the reward rate, the more cryptocurrency you will earn. You also want to be sure that the crypto coin they use as a reward isn’t too risky or volatile.

While some cards offer flat reward rates for all purchases, others offer varying rewards for different categories. Choose a card that offers higher rewards in areas with your spending habits.

Payable Fees

The best crypto debit cards should be affordable. However, be careful about specific fees. Some cards are free to use, but they charge various other fees here and there. The different hidden fees you need to interrogate include foreign transaction fees or crypto sales fees that show up after you’ve earned some crypto rewards.

Ease of Use

The best thing about having a Bitcoin debit card in your wallet is being able to convert your crypto tokens to fiat currency. You don’t want crypto debit cards with complicated processes that make you feel like you’re studying rocket science. Locate an easy-to-use card that is in line with your personal cryptocurrency needs.

Availability

What’s the need for a crypto debit card that you can’t use? Go for a crypto debit card you can use in your current location or places you love to visit. As long as a card is issued by Visa or Mastercard, it will definitely be accepted in most places. It’s the only way you can access your crypto assets 24/7.

The Best Debit Crypto Cards

Whether you’re interested in a crypto debit card that offers crypto rewards, one with the smallest fees, or one that supports many cryptocurrencies, there are different crypto debit cards to choose from. There are also different types of cards that don’t charge transaction fees or others that run intuitive mobile apps.

Whatever your definition of the best crypto debit cards, be careful to choose from the available options based on your spending and investment lifestyle. That’s because there will always be a crypto debit card based on your fees, perks, and other preferred features.

And here, we address a few nagging concerns.

Where can I use a Crypto Debit Card?

Since most Bitcoin debit cards are Visa or Mastercard branded, you can use them anywhere those brands are accepted. You can also use your crypto debit card in online stores and make free international ATM withdrawals.

Are Crypto Debit Cards Safe?

Crypto debit cards are safe as they are designed with security features. They include security codes, two-factor authentication (2FA), and biometric scanning like fingerprints. And like the traditional debit cards, you can freeze or cancel the card once you suspect fraud.

What is the Best Method for Picking a Card?

After making comparisons, interrogate different card providers to ensure security and trustworthiness. Most importantly, select a card that addresses your personal needs and is easy to use and fund.