Comparing the Top Crypto Debit Cards

November 16, 2020 by Susan Paige

Crypto debit cards, signs of the growing future phenomenon of digital currencies, allow crypto owners to spend it efficiently, safely, and conveniently. Some of these debit cards offer some enticing perks and attractive incentives, ultimately increasing their overall appeal.

But how do you know which one to choose?

Read on and learn about the comparisons between the top crypto debit cards, thereby helping you make an educated decision about which one is right for you.

What to Look for in a Crypto Debit Card

Crypto debit card options can overwhelm just about anyone. But here is a list of essential factors to consider when looking at crypto debit cards:

  • Jurisdiction
  • Ease of use
  • Security
  • Reliability
  • Fees
  • Features
  • Incentives

The Top Crypto Debit Cards


Visa-backed Wirex supports multiple FIAT currencies, including USD, EUR, GBP, and BTC. Available only in Europe and Singapore, Wirex offers card insurance and a maximum cashback of .5% on all purchases. To increase the cashback rate, you will have to stake some native WXT tokens to qualify.

  • Receive a .75% cashback rate when you stake $500 worth of WXT
  • Receive a .1% cashback rate when you stake $1,000 worth of WXT
  • Receive a .15 cashback rate when you stake $5,000 worth of WXT

Although it is a lot of money to put up front for a higher cashback rate, it is a stake you can get back if you ever decide to cancel your card. With features like contact-free payments, high limits, low fees, and a daily spending limit of $10,000, it should come as no surprise that Wirex received the vote for “best choice” of the crypto debit cards.


Coinbase, a crypto debit card supporting nine cryptos (BTC, ETH, LTC, BCH, XRP, BAT, REP, ZRX, and XLM) and three FIAT currencies (EUR, GBP, and BTC) received the “most popular” crypto debit card vote and is available in most of Europe.

Coinbase has a crypto liquidation fee of 2.49% per transaction and enforces the following limits:

  • Monthly Purchase Limit = £20,000
  • Yearly Purchase Limit = £50,000
  • Daily Purchase Limit = £10,000/€10,000
  • Daily ATM Withdrawal Limit = £500/€500
  • Daily Load and Purchase Limit = $10,000
  • Daily Card to Card Transfer Limit = $500

Coinbase allows a maximum card balance of up to $25,000 and charges a one-time card issuing fee of $4.95.


Nexo, backed by Mastercard, became the first company of its kind to offer immediate, crypto-supported loans, thereby providing users with a way to access crypto value without selling assets. This card gives its users credit through over 45 FIAT currency credit lines based on their crypto holdings value. Users can use a credit amount equal to the crypto amount in their Nexo wallet, and as crypto value changes, so does their allowed credit amounts.

Nexo provides a 2% instant cashback rate paid in native Nexo token or BTC and accepts 21 cryptocurrencies in the wallet.


With a limited coin selection and with no native token, Bitpay supports USD and BTC currencies. Visa-backed and offering no rewards or cashback incentives, Bitpay charges a $9.95 card issuing fee, 3% for every transaction made outside the US, and an inactivity fee of $5.00 per month after 90 days.

Bitpay has the following debit card limits:

  • Maximum Balance = $25,000
  • Daily Spending Limit = $10,00
  • Daily Withdrawal Limit = $3,000

Bitpay is only available in the UK and selected EEA.

MCO Visa by Crypto.com

MCO Visa by Crypto.com currently supports thirteen different currencies, which include:

  • BTS
  • BNB
  • ETH
  • LTC
  • XRP

With over five debit cards to choose from, the most recommended one is The Midnight Blue card.

The Midnight Blue card has no requirements for users to stake any MCO and offers 1% MCO rewards on all spending. This card is an excellent option for those who want to have one of the top crypto debit cards without committing yet still have a significant return on daily spending.

Ten years ago, people were unfamiliar with cryptocurrencies until Bitcoin emerged in 2008, followed by its rivalries in 2011. But as of 2020, the idea of using a crypto debit card, the first of which Coinbase launched in the UK during April 2019, is quickly growing into a new technological trend that may soon sweep the world off its feet.  

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