Compare the best crypto credit cards in 2024

This guide compares the best crypto cards on the market based on their cashback rewards, annual fees, and APR charges.
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Updated: Sep 22, 2023
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Our panel of cryptocurrency experts take a look at the best crypto rewards cards available today. After extensive testing, we’ve narrowed the options down to these seven cards, which offer the best balance between spending flexibility, cost, and long term security.

Quick take: Best crypto rewards cards 2024

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  1. Binance card. Best crypto rewards card overall
  2. Nexo card. Best way to spend without selling your crypto
  3. Wirex card. Most secure crypto Visa debit card
  4. Coinbase card. Best way to earn cashback on altcoins
  5. Uphold card. Most flexible crypto rewards card
  6. SoFi credit card. Best crypto rewards card for travellers
  7. Gemini crypto credit card. Best rewards card for social spending

Compare the 7 best crypto credit and debit cards

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Crypto card issuerRewardsAPRCryptos supported
Binance card8% BNB cashbackN/A15
Nexo cardUp to 2% cashbackUp to 15.9%60+
Wirex cardUp to 8% cashbackN/A37+
Coinbase cardUp to 4% cashbackN/A35+
Uphold cardUp to 4% XRP cashbackN/A250+
SoFi credit cardUp to 2% cashbackUp to 29.99%26+
Gemini credit cardUp to 3% cashbackUp to 34.99%40+

1. Binance card. Best crypto rewards card overall

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  • Rewards: 8% BNB cashback every time you spend
  • Fees: No annual fees. Up to 0.9% conversion fees, 2% fee on foreign transaction fees outside Europe, 2% withdrawal fee outside Europe
  • APR: N/A
  • Cryptos supported: 15

The Binance Visa card is a low fee crypto debit card that offers cashback on all your purchases. It’s available as a physical or virtual card and the 8% cashback offer applies to all purchases made in Euros or in crypto

There are no transaction fees, while ATM withdrawals are free as well. The only cost is the conversion fee at the point of sale.

*Not available to US or UK residents

Key features

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  • Earn BNB cashback on every purchase
  • Compatible with Google Pay & Samsung Pay
  • No sign up fees or annual fees
Sign up for a Binance card now

2. Nexo card. Best way to spend without selling your crypto

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  • Rewards: Up to 2% rewards
  • Annual fee: None
  • APR: Starting from 0%, no higher than 15.9%
  • Cryptos supported: 60+

The Nexo card allows you to spend against the value of your crypto tokens without ever selling them. You can use your crypto to fund everyday purchases while continuing to HODL for dear life.

It’s a credit card, so you borrow to spend while using the crypto as collateral, but there are no minimum monthly payments and no fees. Every time you spend you earn up to 2% (if you choose to be paid in Nexo tokens) or 0.5% (if you’re paid in Bitcoin).

Key features

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  • Spend up to 90% of the value of your crypto without selling it
  • Spending without selling means no need to worry about tax implications
  • No minimum monthly repayments
Sign up for a Nexo card now

3. Wirex card. Most secure crypto Visa debit card

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  • Rewards: 8% cashback on all purchases
  • Fees: No annual fee. 2% charge on ATM withdrawals over £200 per month.
  • APR: N/A
  • Cryptos supported: 37

The Wirex debit card is one of the oldest crypto cards on the market. It’s also one of the most secure, with FDIC insurance backing deposits up to $250,000 on pre-paid cards and all customer crypto funds held in cold storage.

The card pays 8% cashback on all purchases, although the rewards are paid in ‘X-points’ which then have to be converted into crypto. There are no annual fees, no transaction fees, and the only charge is on some ATM withdrawals.

Key features

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  • Earn rewards on all in-store purchases
  • All crypto is held in secure, cold storage
  • No fees other than for large ATM withdrawals
Sign up for a Wirex card now

4. Coinbase card. Best way to earn cashback on altcoins

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  • Rewards: Up to 4% cashback*
  • Fees: No annual fees, 2.49% transaction fee when you use crypto (exc. USDC)
  • APR: N/A
  • Cryptos supported: 35+

The Coinbase card is the best way to earn cashback rewards on smaller crypto assets, like Stellar Lumens (XLM) and The Graph (GRT). It’s a great option if you already use the Coinbase exchange, or are a beginner who wants to dive into your first crypto card.

There are no annual fees, but the 2.49% transaction fee that’s charged on any purchases made in crypto is much higher than the competition. We recommend you avoid this charge by paying in USDC rather than any other cryptocurrency. 

*Rewards available to US customers only

Key features

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  • Convenient link up to the Coinbase exchange
  • A debit card rather than credit card so no interest payments
  • Spend everywhere that Visa cards are accepted
Sign up for a Coinbase card now

5. Uphold card. Most flexible crypto rewards card

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  • Rewards: 4% cashback on crypto purchases, 2% on fiat currencies. Up to £100 per month, paid in XRP
  • Fees: No annual fee. £2.50 fee for ATM withdrawals in the UK, £3.50 for ATM foreign withdrawals. Physical cards cost £9.95.
  • APR: N/A
  • Cryptos supported: 250+

The Uphold card is another crypto debit card that pays cashback on all purchases. The limit of £100 per month might seem small, but it works out at £5,000 worth of spending so gives you plenty of wiggle room.

You decide how to fund each purchase from the app and the default sticks until you change it. You can flick between different cryptocurrencies or fiat currency, depending on what’s doing better. 

Key features

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  • Regulated by the Financial Conduct Authority (FCA)
  • Integrates with Apple Pay and Google Pay
  • Track and manage your spending from the Uphold app
Sign up for an Uphold card now

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

6. SoFi credit card. Best crypto rewards card for travellers

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  • Rewards: 2% cashback on every purchase, 3% on travel purchases
  • Fees: No annual fee. Up to 5% fee on balance transfers and cash advances. Up to $39 late payment fee.
  • APR: 17.99% to 29.99%
  • Cryptos supported: 26+

The SoFi Visa credit card is offered by a mainstream bank, so it provides more investor protection than your average crypto card. You can connect the SoFi card to SoFi Invest or SoFi Money.

Its reward programme pays out in points, which you can then use to convert into crypto if you choose. There are no annual fees, but the APR and late payment fees can become quite expensive.

Key features

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  • You can use the rewards on crypto or a wide range of other benefits
  • Get up to $1,000 of mobile phone insurance coverage
  • No annual or foreign transaction fees

7. Gemini credit card. Best rewards card for social spending

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  • Rewards: Up to 3% cashback
  • Fees: None
  • APR: Up to 34.99%
  • Cryptos supported: 40+

The Gemini crypto credit card is backed by Mastercard, which boasts a whole range of investor protections, such as Zero Liability Protection and Theft Protection, while you can instantly lock your card anytime from the app.

Its rewards feature is where it comes into its own, where you earn the highest cashback on spending on food and dining, 2% on groceries, and 1% on everything else. The rewards are paid into your account automatically, there’s no need to convert anything.

Key features

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  • Rewards paid into your account automatically
  • No annual or foreign transaction fees
  • Take advantage of Mastercard benefits

What is a crypto credit card?

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A crypto credit card is a type of payment card that allows you to spend your cryptocurrencies, such as Bitcoin or Ethereum, just like you would with a traditional credit card. 

It bridges the gap between the crypto world and traditional financial systems, enabling you to use your digital assets for everyday purchases.

What types of crypto card are there?

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There are primarily two types of crypto cards: credit and debit cards. They are similar in a lot of ways but there are a few key differences. Here’s a quick summary of the two options:

  • Crypto credit cards. These cards work like traditional credit cards and allow you to make purchases using credit, and you may earn a cashback reward each time you make a purchase. The amount you spend is essentially a loan that you will need to repay later, secured against the crypto you hold, but it allows you to make purchases without selling your cryptocurrency.
  • Crypto debit cards. Crypto debit cards are linked directly to your cryptocurrency wallet. They allow you to spend your cryptocurrencies directly without taking on any debt. When you make a purchase, the equivalent amount of cryptocurrency is deducted from your wallet balance in real-time.

How do crypto credit cards work?

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You apply for a crypto credit card in the same manner you would for a regular card: there’s typically an application process (although it’s usually a lot shorter than for traditional bank cards), then you’re issued with a digital or physical crypto card.

When you make a purchase using your crypto credit card, the card issuer converts the required amount of cryptocurrency into fiat currency to settle the transaction with the merchant. This conversion usually happens in real-time, allowing for seamless transactions.

At the end of the billing cycle, you receive a statement detailing your crypto credit card transactions and the amount you owe. You then need to repay the borrowed amount, along with any interest or fees.

What’s the difference between crypto credit cards and crypto debit cards?

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With a crypto credit card, you are essentially borrowing money from the card issuer. In contrast, a crypto debit card allows you to spend your own cryptocurrencies directly, without incurring any debt.

That means that with a crypto credit card, you don’t pay for the purchase immediately and only pay off the balance at the end of the month. Crypto debit cards take the money out of your account immediately.

How to use a crypto credit card

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Follow this simple guide to set up and start using your crypto credit card today.

Step 1. Choose a crypto card issuer

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Choose your favourite card provider based on its rewards programme, APR, and the annual cost of using one. Set up an account to get started.

Step 2. Apply for the crypto credit card

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Your provider will typically have an application process that includes identity verification and creditworthiness checks.

Step 3. Start spending

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Once you’ve passed the checks, you’re ready to go. Your card may be linked to an existing crypto wallet account, or you can simply use it and spend like a regular credit card.

Step 4. Pay off your balance every month

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At the end of each month you’ll be sent a statement that includes what you owe. Make sure you pay this off in full each time to avoid any painful interest payments. You can typically do this in fiat currency, but some platforms allow you to do it in crypto.

How to choose a crypto rewards card

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Look for the crypto rewards cards that offer a balance between low APR and low fees. You don’t want to get sucked in by a good welcome offer and then find yourself paying off your purchases with high rates of interest.

Here is a checklist of things to consider when you choose your first crypto rewards card.

  • Card provider. Choose a reputable and trustworthy card provider that offers crypto credit card services. Look for providers with a strong track record, good customer reviews, and reliable security measures.
  • Supported cryptocurrencies. Check which cryptocurrencies are supported by the card. Ensure that the card supports the specific cryptocurrencies you own or intend to use for transactions.
  • Fees. Take time to understand the fee structure associated with the crypto credit card. Common fees include annual fees, transaction fees, foreign exchange fees, withdrawal fees, and late payment fees. Compare fees among different card providers to find the most cost-effective option.
  • Conversion rates. Pay attention to the conversion rates used by the card provider when converting your cryptocurrencies to fiat currency for transactions. Compare these rates with prevailing market rates to ensure you’re getting a fair deal.
  • Limits and spending capabilities. Consider the spending limits imposed by the card provider. These limits can vary for daily spending, ATM withdrawals, and overall credit limits. Ensure the limits align with your spending requirements.
  • Security and privacy. Evaluate the security measures implemented by the card provider. Look for features such as two-factor authentication, secure transaction protocols, and robust encryption to protect your funds and personal information.
  • Welcome offers, cashback rewards and benefits. Some crypto credit cards offer rewards programs, cashback, or other benefits. Consider the rewards and benefits provided by different cards and choose a platform that suits how you’re likely to spend.
  • Integration with wallets and exchanges. Check if the card provider integrates well with your existing cryptocurrency wallet or crypto exchange. Seamless integration can make it easier to manage your funds, track transactions and buy and sell your crypto.
  • Customer support. Assess the quality and responsiveness of the card provider’s customer support. It’s important to have reliable customer support in case you encounter any issues or have questions regarding your card or transactions.

Should I use a crypto rewards card?

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Crypto credit rewards cards are a great option to earn extra cryptocurrency rewards, or to use your crypto holdings as collateral to fund day-to-day spending. However, they aren’t for everyone, and you should exercise caution when spending with one because it involves taking on debt that can spiral quickly.

The middle ground option to spend your crypto without buying on credit is to use a crypto debit card. These exchange your digital assets for fiat currency at the point of purchase, taking money out of your account as soon as you buy anything.

Crypto debit cards are safe and simple to use, but it does mean you have to spend the crypto in your account. If you expect the coins you own to increase in value over time, then it isn’t always the best idea to spend it.

What are the risks of a crypto credit card?

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The main risk is that you miss a payment deadline and are hit with heavy penalties and high interest rates on the outstanding balance. This can lead to a negative cycle where you need to borrow on credit to pay off the balance and end up in more debt as a result.

Here are some more of the pros and cons of using crypto cards.

Pros

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  • Crypto cards are convenient: simple to set up and use
  • You can spend against the value of your crypto with a credit card, without selling your holdings
  • Many crypto credit cards offer rewards, like cashback or a welcome bonus
  • Crypto debit cards are a safe way to spend the crypto in your account without taking on debt

Cons

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Choose a crypto credit card

Methodology

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Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 48 cryptocurrency credit and debit cards to provide our users with clear, accessible guidance on the investing options available. All testing is carried out by our panel of crypto experts, analysts, and active traders who sign up for each crypto card, conduct research, and score each service.

Our tests are designed to find crypto rewards cards that offer a beginner-friendly, secure spending experience at a fair price. To supplement our practical testing and experience, we research each crypto card to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each crypto rewards card is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with individual crypto brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

FAQs

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Do I have to pay tax on a crypto credit card?
Is crypto cashback taxable?
Does crypto affect my credit score?
Can I use more than one crypto debit card?
Are bitcoin debit cards legal?
Can I use a crypto card where I live?
Can I use a crypto credit card on my phone?
Can I access my Bitcoin debit card if I forget my password?
What if my crypto card gets stolen?
Will I lose my coins if I uninstall my debit card app?
Are there limits to how much Bitcoin I can spend through a debit card?
Is there a limit to how much Bitcoin I can hold in my account?


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.