Frequently Asked Questions

A crypto credit card is a payment card that allows you to spend cryptocurrency or earn crypto rewards on purchases. Unlike traditional credit cards that offer cashback in fiat currency or loyalty points, crypto cards reward you with actual cryptocurrency like Bitcoin (BTC), Ethereum (ETH), or platform-specific tokens such as CRO or BNB.

Crypto cards function in two primary ways:

• Spend Crypto Cards: Allow you to spend your existing cryptocurrency balance. The platform automatically converts your crypto to fiat currency at the current exchange rate when you make a purchase.
• Rewards Cards: Work like traditional credit cards but reward you with cryptocurrency instead of cashback. You spend fiat currency and earn crypto rewards.

For more details, see our complete guide on how crypto cards work.

Crypto cards from reputable providers include advanced security features such as two-factor authentication (2FA), instant transaction notifications, card freezing capabilities, and encryption. However, safety depends on the platform's security measures and your own practices. Always research the card issuer's reputation, enable all available security features, use strong passwords, and never share your card details. Only use cards from trusted, regulated providers with a proven track record.

Fees vary significantly by card provider. Many crypto cards offer:

• No annual fees - Many cards have zero annual fees
• No foreign transaction fees - Some cards don't charge for international purchases
• Low or no ATM fees - Free ATM withdrawals up to certain limits

However, some cards may charge monthly fees, transaction fees, or require minimum balances. Always review the complete fee structure before applying. Compare cards on our platform to find fee-free options.

Most crypto cards work anywhere Visa or Mastercard is accepted, which includes millions of merchants, restaurants, online stores, and ATMs worldwide. However, card availability varies by country. Some cards are only available in specific regions like the United States, European Union, or United Kingdom. Before applying, check if the card is available in your country using our country filter.

Not all cards require staking. Basic tier cards often don't require any staking and still offer rewards (typically 1-2% cashback). However, higher reward tiers (like 5-8% cashback) usually require staking platform tokens. The amount required varies by card and tier. Staking locks up your tokens for a period but unlocks better rewards. You can start with a basic tier and upgrade later if you decide to stake. Check each card's requirements on our comparison page.

Supported cryptocurrencies vary by card provider. Common options include:

• Bitcoin (BTC) - Most widely supported
• Ethereum (ETH) - Second most common
• Stablecoins: USDC, USDT, DAI
• Platform tokens: CRO (Crypto.com), BNB (Binance), NEXO (Nexo)
• Other altcoins depending on the platform

Use our crypto filter to find cards supporting your preferred cryptocurrencies.

Tax implications vary significantly by jurisdiction. In many countries, receiving crypto rewards may be considered taxable income at the time you receive them. Additionally, spending cryptocurrency may trigger capital gains taxes if the crypto has appreciated in value. Some jurisdictions treat crypto rewards similar to cashback (non-taxable), while others treat them as income. It's essential to consult with a tax professional in your country for specific guidance. Keep records of all crypto transactions, including rewards received and crypto spent, for tax reporting purposes.

The application process typically involves these steps:

1. Choose a card that fits your needs from our comparison page
2. Create an account on the card issuer's platform (Crypto.com, Coinbase, Binance, etc.)
3. Complete KYC verification (provide government ID and proof of address)
4. Fund your account with cryptocurrency (for prepaid cards) or link a bank account (for rewards cards)
5. Stake tokens if required for higher reward tiers
6. Order your card (virtual or physical) through the platform's app or website
7. Activate your card once received

For detailed step-by-step instructions, see our complete application guide.

The main differences are:

• Crypto Debit Cards (Prepaid): You load cryptocurrency onto the card and spend directly from your balance. No credit check required. The platform converts crypto to fiat at the time of purchase.
• Crypto Credit Cards: Either offer crypto rewards on purchases (like traditional credit cards) or use your crypto as collateral for a credit line. You may need a credit check for rewards cards, but not for crypto-backed credit cards.

Learn more about different types of crypto cards in our guide.

Cashback rates vary by card and tier. Basic tiers typically offer 1-2% cashback in crypto, while premium tiers can offer 5-8% cashback. Higher rates usually require staking platform tokens. Some cards also offer bonus rewards for specific spending categories like dining, travel, or streaming services. Compare cards on our platform to see current cashback rates and requirements.

Yes, most crypto cards allow ATM withdrawals at any ATM that accepts Visa or Mastercard. However, fees and limits vary by card. Some cards offer free ATM withdrawals up to a monthly limit (e.g., $200-800 per month), while others charge fees for all ATM transactions. Premium tier cards often include higher or unlimited free ATM withdrawals. Always check the ATM withdrawal policy before applying.