ZoneBitcoin EditorialDid you expect it? Well here it is: The complete guide to the 10 best crypto bank cards.
Want to know more about crypto bank cards? The best, eh? I understand you. With a proliferation of bitcoin bank cards on the market, making a choice is becoming more and more difficult.
The mass adoption of cryptocurrencies by the general public seems to be happening through the proliferation of cryptographic bank cards. 😎 It is now considered a great way to bridge the gap between traditional finance and digital currencies.
Crypto bank card holders can transfer funds to their cards and make payments and purchases at restaurants, cinemas, online stores and even physical stores.
This allows us to have an international currency where we can not need to convert currencies. The cards considerably simplify the use of cryptos and do not require (or little) knowledge of wallets, private keys, etc.
To pay on the internet or when traveling abroad, the cryptographic bank card is the most practical solution.
Now the hardest part remains making your choice. This is the purpose of this article: to help you make your choice among the many bitcoin bank cards existing on the market.
Please note: : All the crypto bank cards listed below are debit bank cards (and not credit) and are strictly speaking prepaid cards. This means you can only spend what you have.
1/ The complete Nebeus map
We have tried many crypto cards within our editorial team. And, there is one card that we have anonymously found to be excellent in several ways, and that is hands down the Nebeus card.
The advantages of the card are numerous, such as being able to exchange cryptocurrencies and spend the balance you want on your card. Being able to invoice for freelancers who want to be paid in cryptocurrency and/or have an IBAN as well. The card then allows you to save on conversion fees and even better: it is also possible to earn interest every month on your cryptocurrencies. This makes it an ideal card in several respects.
2/ The Bitcoin debit card Wirex :
This is a very popular card among cryptocurrency holders. It is only available in a few countries in the European Economic Area (EEA).
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Buy a Wirex bank card:
La Wirex bank card is one of the few to offer 0.5% rewards on all your in-store purchases through its “Cryptoback” service. There is no limit to the amount you can win and no additional fees.
Although it is one of the cheapest payment solutions, from a functionality point of view, it is not as optimal as its competitors. And, yes, it's good to compare with crypto bank cards
Its monthly management fees amount to $1.5 with excellent value for money. It is available on Android and IOS. You will also be able to track your payments in addition to managing your finances. If you lose it, you can block your card to prevent others from using it.
Nothing differentiates it from a traditional debit card. You can use it for your online or in-store purchases where Visa is recognized. For each ATM withdrawal, you are charged $3 differently across the EEA. You can spend up to a limit of $10/day unlike withdrawing $000/day.
If you are looking for a Bitcoin debit card, Wirex is the perfect and simple solution. With it you can transact on 8 different cryptocurrencies. Only Bitcoin, Ethereum, Ripple and Wollo are eligible.
3/ The bank card of Coinbase
The Coinbase Card allows Coinbase customers to instantly spend funds they have in their Coinbase accounts.
The card is available to Coinbase customers based in Europe including the following countries: United Kingdom, Spain, Germany, France, Italy, Ireland and the Netherlands.
The Visa debit card is linked to a user's crypto account balances on Coinbase and when using it, Coinbase instantly converts the crypto to fiat currency which is then used to complete a purchase.
The Coinbase Cryptocurrency Bank Card can be used anywhere Visa payments are accepted and customers can use this card to make purchases via contactless, chip and PIN technology, as well as make cash withdrawals at an ATM.
Users can use any balance of 9 cryptocurrencies they hold in their accounts, such as BTC, BCH, ETH and LTC. The card also supports GBP and EUR currencies.
The mobile app is available in i0S and Android versions and also provides instant receipts, transaction summaries and expense categories.
Fees, limits and promotions:
In line with the general business model, Coinbase operates a transparent commission structure.
Applying for a card will cost you £4,95.
However, domestic purchase transactions are free, while intra-EEA purchase transactions attract a 0,20% point of sale commission.
Good to know: Domestic cash withdrawals (ATM and over-the-counter withdrawals) of up to £200 per month are free and there is a 1% fee on the value of the withdrawal for any amount over £200 per month.
International cash withdrawals are also free of up to £200 per month and come with a 2% fee on the value of the withdrawal thereafter.
It's also worth noting that Coinbase charges a crypto liquidation fee of 2,49% per transaction, as the spend triggers the sale or "liquidation" of digital assets held in a customer's account in order to fund the fiat transaction .
This makes this crypto bank card slightly more expensive than other options, and also comes with a daily ATM withdrawal limit of £500 and a daily spending limit of £10. There is also a monthly purchase limit of £000 and an annual purchase limit of £20.
As expected, the Coinbase card is a great option for those who already use Coinbase regularly. This remains a good method for easily converting your cryptocurrencies.
4/ Bitpay’s cryptographic bank card
I love this card.
Launched in 2016 and highly appreciated by thousands of users. This may be related to its very low ordering fee of US$9.95 with no monthly fees.
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Buy a BitPay bank card:
It is available in the USA in all 50 states and no forecast is noted for its development outside the United States. However, US citizens have the option of using it outside the US because Bitcoin payments are made in the local currency.
To load your card, you can do it simply with Bitcoin. The conversion is automatic. This will allow you to shop online and in-store wherever it is accepted.
You can also load your card via GreenDot or Western Union for a price of US$4.95 for each load. There is a definite advantage to using it in the United States without any fees to pay for your domestic purchases.
However, payments outside the USA will carry a 3% conversion fee, while domestic and international ATM withdrawals are charged US$2 and US$3 respectively.
The best features from Bitpay is its mobile application with the advantage of managing your money via your phone. You will be able to pay for your purchases through other Bitpay users thanks to its integration with the secure Bitpay wallet.
Bitpay is the simplest Bitcoin card. There are no super complicated features. In terms of fees, Bitcoin offers transparency regarding costs and fees. It's true, however, that most bitcoin bank cards all offer an accurate pricing table.
5/ The bitcoin bank card Cryptopay
It can be found in Russia, Singapore, the United Kingdom and most countries of the European Union. The Cryptopay bank card for Bitcoin is an old one because it can be classified among the best cryptographic bank cards in circulation to date.
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Buy a bank card CryptoPay
Like other Bitcoin card providers, it is available in plastic format but you can also have it online in virtual format. The virtual format is recommended for your online purchases while the physical one is useful for your in-store purchases and ATM withdrawals.
The physical card costs US$15 while the virtual one costs US$1.5. You will incur a monthly maintenance fee of US$1. It is one of the few anonymous Bitcoin debit cards to date. However, unverified customers are subject to very low limits. KYC verification will allow you to lift these limits.
An unverified Euro card can only send €1000 online and allows withdrawals of €400/day in addition to the possibility of loading €1000. But a verified card allows unlimited sending, ATM withdrawals of up to €2000/day in addition to unlimited loading.
For fees, the crypto and virtual bank card have a 3% currency conversion fee, a 1% loading fee (deducted from deposits), and withdrawal fees charged at €2.5 and US$3.5.
6/ The cryptographic bank card Uquid
This is one of the oldest crypto bank cards, so I had to talk about it.
We don't talk much about this card or this service in the French-speaking market. However, it is a very successful company all over the world. Originally, Uquid is a solution that allows you to recharge your telephone and data credits in more than 170 countries around the world.
For example, you can pay your phone credits in bitcoin. It's pretty crazy since this service is also available for many African countries, which is very rare ( Tunisia, Togo etc).
Since then, they have released a cryptographic bank card that I find particularly interesting.
The objective of its creation is to offer a type of cryptographic bank cards without any limits.
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Buy a Uquid bank card:
To obtain this cryptographic bank card, you must first create an online account from the Uquid website. Once registered and accepted, you can choose from the list of cards available in your country. You can create your account for free but granting a physical card is not because it will cost you US$16.99 and €14.99 depending on the currency of the card. Added to this is a monthly fee of US$1.
It also charges several usage fees including a withdrawal fee of US$3 for each international ATM withdrawal and a 3% conversion fee. It offers maximum usage without any spending limits. The Uquid card is a card available in more than 174 countries around the world with fast delivery. Its secret weapon to stand out from its competitors is its large number of supported digital assets and that goes hand in hand with 86 different altcoins like Bitcoin Cash, Ethereum, Litecoin and dozens of ERC20 tokens.
It is true that it is the most expensive card in our presentation but its remarkable altcoin support and its wide availability make it the best card for a diversified portfolio of cryptocurrencies.
7/ The Visa bank card Crypto.com
Ah! You know how much I liked using this application…
Of course, now it's quite special because I'm not very sure anymore... It's up to you to watch the videos on the subject!
This card is one of the newest on the market. Its target is cryptocurrency customers who often travel and make crypto purchases abroad.
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Buy a Crypto.com bank card :
The MCO Visa debit card is more than recommendable because it offers the best rewards that can be found on any card not just Bitcoin debit cards.
The MCO Visa cards can earn up to 5% cash back on general purchases and potentially up to 100% cash back on Spotify and Netflix. Its high locking requirements mean that it can be considered a Premium card. However, even the basic card offers advantages that make it worth acquiring.
At the bottom of the scale we find the Midnight Blue card which is free. It offers a monthly limit of US$200 for free ATM withdrawals while it increases to US$1000 for the Obsidian Black card. If you exceed the permitted limits, additional fees of 2% are charged for each additional withdrawal.
Cryptos loaded on the card will be automatically converted into US dollars which you can withdraw from ATMs or use for your online and in-store purchases. Among the different crypto bank cards, the Obsidian Black card is the only card on the market to offer free and unlimited currency conversions at the interbank exchange rate.
This still remains one of the most anticipated crypto cards of this year.
8/ The crypto bank card Revolut
It is undoubtedly the most popular crypto bank card outside of the world of cryptocurrencies. It has 4 million users and 250 million transactions processed.
It is certainly the most popular because it was initially only intended for people looking for a mobile bank.
We can say that of all the bitcoin bank cards, it is the most mainstream of all.
In fact, personally, I don't find it a good fit for people who have cryptocurrencies. It corresponds more to people who want a classic bank card (with dollars and euros) but who would nevertheless like to have a few cryptos (only 5) in their accounts.
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Buy a Revolut bank card:
Initially launched in the United Kingdom, it has the majority of its customers there. However, its services are available in the European Economic Area (EEA), Switzerland and Australia. There are three account types on Revolut: Premium, Metal and Standard. Standard plans are free.
All plans include a current account and a free IBAN. This allows you to spend cryptocurrencies in over 150 countries around the world at the interbank exchange rate. You can manage your account with the free Revolut app.
Revolut currently supports four cryptocurrencies: Litecoin, Bitcoin Cash, Ethereum and Ripple. It is possible to transfer your balances for free to other Revolut users which will be converted back into the fiat currency that you will use with the card but this process is not automatic. For this service, Revolut adds a surcharge of 1.5% to the final purchase price.
9. The crypto bank card SpectroCoin
This is more of a card for non-Europeans.
This is the least known of all crypto bank cards. It is currently available in more than 200 countries.
😛 Frankly, this card is certainly not optimal but it is one of the only ones accessible to Africans.
In addition to its prepaid card, SpectroCoin also offers other services: a virtual wallet and an exchange.
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Have a Spectrocoin prepaid card:
Two types of cards are offered: virtual cards at $9 each and physical plastic cards at $50. There is also a monthly fee of 1% on both types of cards. You can feed them with cryptocurrencies automatically converted into fiat currencies when shopping online and in stores.
For account limits, SpectroCoin separates its cards into two account types: standard and VIP. Deposit up to $250/day for standard accounts with a maximum balance of $2500. VIP account limits are set at $5000. They stand out from other Bitcoin debit cards because of their high withdrawal limits.
What should you remember when choosing your cryptographic bank card?
Before purchasing a bank card, it is very important to take into account certain important criteria.
- Reliability : You have to make sure that you are dealing with a structure that knows what it is doing and does it well. We remember these stories of sudden closures leaving everyone stranded with only their eyes to cry.
- Functionality : If you want to buy online, a simple virtual card is necessary, whereas if you want to check your balance via an ATM, you will necessarily need a physical card which may not be accessible depending on your geographic location.
- The fees : Always examine the price list of these companies to determine which one will best suit your financial situation.
- Geographic availability of the card : The uncertain regulatory context for cryptocurrencies means that some countries do not authorize them. For example, in Africa, it is unfortunately more difficult
- The cost : Be sure to check prices carefully before committing to a card order.
- Support for multiple currencies : Does it help! make your expenses via the Bitcoin debit card? But not just Bitcoins, this also applies to altcoins.
Rest assured, all the cards listed in this guide are valid and recommended. Now if you value a particular feature over anything else, choose based on your needs and preferences.
Why do crypto bank cards exist?
Following its tremendous breakthrough in 2009, Bitcoin is undoubtedly a global phenomenon, thanks to its inexpensive capacity and its ability to provide value to its users through the per-to-per system in an automated manner in record time.
But despite this parabolic growth, Bitcoin had liquidity limitations with more than reasonable time usage and was expensive to pay for goods and services. There was the frustration for BTC holders of having them refused by retailers and owners. The only solution remaining was to sell them on exchanges in order to then withdraw them from banks.
It is in this sense that innovative companies have come to the rescue to resolve these frustrations by bridging the gap between holders and traditional markets with bitcoin bank cards. This is truly the big step towards mass adoption.
The company Xapo was the first to offer it in 2014. This allowed users to easily spend their Bitcoin at all merchants who accept it.
Although it was predicted that the unparalleled conviviality.
Crypto and Bitcoin bank cards allow customers to easily spend their BTC currency which can then be spent on all online and in-store purchases. The technology used for this varies from one brand to another. Conversions are done manually and automatically over time and even with an associated application.
Although having a lot of advantages, several Bitcoin card manufacturing companies have been forced to shut down or suspend their payment services because the payment service provider had its Visa license suspended. In this batch of manufacturers, the company TenX was the most affected. Its fee-free debit card had recurring delays as well as very unproductive media marketing with a year's delay in reaching its target. It was a flop...
The advantages of having crypto bank cards:
As a cryptocurrency lover, if you want to break away from the dependence on banks, then crypto cards are a real boon and the solution for you. With these cards, you can easily spend your cryptos without having to go through crypto exchanges and banks.
You see, in many countries around the world, access to financial infrastructure is almost impossible or limited. This is also the reason why Bitcoin is popular in less developed countries and especially in Africa. Personally for me who lives there, the advent of bitcoin bank cards settles once and for all my banking limits (no permit for online transactions). These cards now allow me to access services that were previously unavailable to me.
Thanks to prepaid bitcoin cards, I can now easily convert my Bitcoins as well as other cryptos into fiat currency for my online and in-store purchases wherever Visa is accepted.
Like standard debit cards, there is a reward system consisting of discounts if you use your cryptocurrency card. You can also store multiple fiat currencies in different accounts, which is a huge advantage when traveling abroad. You will be able to make your purchases without having to incur any costs. Thus, you have the possibility with these cards to withdraw various currencies without any conversion.
You know that most of these bitcoin bank cards are virtual and in this case, you do not need to transport them. The advantage with these virtual cards is that they are very flexible unlike physical ones. You manage your money from anywhere simply via a mobile application.
The other advantage is that if you are a frequent traveler, having multiple Bitcoin cards includes travel insurance and protects you from hackers and hack attempts.
For some, they act as real security wallets. It provides protection during your stay abroad, while the conversion as you go approach protects you from unstable currencies.
We can note a rapid development of the sector associated with sophisticated services at the same time, thus improving the value of these cards.
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And, what crypto bank cards do you use?
I'm very curious to know!
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Buy cryptocurrencies (simple way):
- The platform Binance (Complete crypto trading platform)
Generate interest on your cryptocurrencies:
- Public chat Youhodler (Earn up to 12% interest)
To secure your cryptocurrencies:
To have fun and play
- The best for Esport and sports betting: CloudBet
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Why is Swipe owned by Binance not in the list? We can easily imagine that if Binance buys this company, it will go up…
thank you for the other very interesting articles…
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