The best Bitcoin debit cards charge few fees and include perks like cash back rewards and mobile apps. They should also support multiple types of cryptocurrencies, such as Bitcoin, Ethereum, and Stellar. Bitcoin debit cards should come with robust security features to help protect your funds. Bitcoin debit cards let individuals make online or in-person purchases or withdraw cash from ATMs using Bitcoin, even if the vendors and ATMs don’t accept cryptocurrency. Instead of exchanging Bitcoins into local currencies, cardholders preload their debit card with a set amount of cryptocurrency, which is then automatically converted at the time of purchase. Best Bitcoin Debit Cards Best Bitcoin Debit Cards Final Verdict Compare Providers Guide to Choosing FAQs Methodology Why We Chose It Coinbase is our top overall choice for a Bitcoin debit card. You can use it anywhere Visa is accepted, supports up to eight different cryptocurrencies, and features robust security. Pros & Cons Pros Can be used anywhere Visa is accepted Pay using multiple cryptocurrency wallets Multiple security features Overview Founded in 2012, Coinbase is one of the most popular digital currency exchanges in the world. Its Coinbase Card lets cardholders spend their cryptocurrency anywhere Visa is accepted. Its support for multiple currencies, easy currency conversion, and top-notch security make it the best Bitcoin debit card overall. Coinbase Card supports up to eight cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and requires cardholders to have a Coinbase account. The card automatically converts your preferred cryptocurrency in your Coinbase wallet on demand, so you don’t need to keep a fiat currency balance in your account. Coinbase Card also offers a number of security and convenience features, including a mobile wallet app, two-factor identification, instant card freeze, spending tracking, and more. Cardholders can use their card to make online and in-store purchases and withdraw cash at any Visa-supported ATM in the world. Residents of the U.K. and Europe must pay a £4.95 or 4.95€ issuance fee for a Coinbase Card, while U.S. residents can get the card for free. Coinbase also charges a number of fees, including a 2.49% cryptocurrency liquidation fee. Why We Chose It Wirex comes with lots of customer perks for cardholders. These include cashback of up to 8%, free ATM withdrawals, and the ability to earn interest on fiat, BTC, and ETH currencies. Pros & Cons Pros Cashback and referral bonuses Supports 150+ traditional and fiat currencies No issuance or monthly fees Cons Must have a balance in Wirex WXT tokens for rewards Overview Wirex is a digital payment platform established in 2014 that released a Visa-backed cryptocurrency debit card one year later. The card offers rewards in WXT and is our selection as the best for cardholder perks. The Wirex card supports 150+ traditional and fiat currencies and nearly a dozen fiat currencies in Europe and a few Asian and Pacific countries, and U.S. cardholders pay no issuance, monthly, or withdrawal fees. The Wirex card is one of the few cards to offer cashback rewards of up to 8% cashback in cryptocurrency. There is free standard delivery with no fees for maintenance or reissue of the card. Wirex Visa offers free ATM withdrawals up to about $200 per month. Wirex has a new feature, X-Accounts, which allows users to earn up to 16% interest on certain cryptocurrencies. Why We Chose It If you’re looking for a card that supports a wide range of cryptocurrencies, then a card from Crypto.com is a great option. It features support for 80+ cryptocurrencies and over 20 fiat currencies. Pros & Cons Pros Supports over 80+ cryptocurrencies No issuance or monthly fees Rebates on streaming services Cons Must purchase Crypto.com’s CRO tokens Cards with better perks require more money staked Overview Crypto.com offers five different metal Visa debit cards that let cardholders spend over 80+ cryptocurrencies and 20+ fiat currencies anywhere a Visa card is accepted, which is why we chose it as the best for the variety of cryptocurrencies supported. In order to buy each of the Crypto.com cards, cardholders must stake an amount of the company’s native CRO tokens (formerly MCO). At the time of writing, a CRO token costs $0.09818. Prices vary for each card and start at $0 and increase to $400,000. Crypto.com’s most popular (and affordable) $400 Ruby Steel card offers 1% back on every purchase, a 100% rebate on the first six months of a yearly Spotify subscription, and no ATM withdrawal fees for up to $400 per month. Crypto.com’s other cards offer 0% to 5% back, rebates on more streaming services, and no ATM withdrawal fees. Cardholders who don’t want to spend $400 on a Visa card can also opt for Crypto.com’s Midnight Blue card, which offers no ATM fees for up to $200 of withdrawals each month. Important On Oct. 20, 2023 Binance announced on its website that its Binance Card services will no longer be offered in the European Economic Area (EEA) starting Dec. 20, 2023. Why We Chose It Binance is our top pick for a cashback Bitcoin debit card. The card features an impressive 8% cashback. Pros & Cons Pros Offers 8% cashback No issuance or monthly fees Convert crypto on demand Cons Only available in Europe Balance in Binance’s cryptocurrency required for cashback rewards Overview Regulators have banned Binance in the U.K. Founded in 2017, Binance rose to become the world’s largest cryptocurrency exchange by volume just one year later. In 2020, the company partnered with Swipe to offer a Visa debit card that offers 8% cashback, making it our choice as the best for cashback. The Binance Visa Card charges no issuance or monthly fees and only charges up to a 2% transaction fee for transactions and ATM withdrawals. Note that ATM operators may charge an additional fee. The card supports 15 cryptocurrencies, including Bitcoin and Ethereum. Similar to Coinbase, the Binance Visa Card holds cryptocurrency in your wallet and only converts what’s needed at the time of purchase. The card can be used for in-store and online purchases anywhere Visa is accepted. Although the Binance Visa Card’s cashback rate is the highest rate we’ve come across, it comes with a catch. Cardholders must have a balance of 600 Binance Coins, known as BNB, and receive their cashback reward in BNB. There are lots of options when it comes to Bitcoin debit cards. Whether you’re looking for a card that offers impressive cashback rates, supports lots of different currencies, or charges few fees, there are various cards to choose from. Overall, our top pick for a Bitcoin debit card is Coinbase. You can use the Coinbase Bitcoin debit card anywhere Visa is accepted, making it one of the most versatile and flexible cards available. It supports up to nine cryptocurrencies and automatically converts your preferred cryptocurrency in your Coinbase wallet. The card comes with robust security features to protect your funds, and you can make purchases both online and in stores. Whether or not a Bitcoin debit card makes sense for you depends on whether you use cryptocurrency. If you’re content with a regular debit card and don’t regularly use cryptocurrency to make purchases, then a Bitcoin debit card may not be necessary. On the other hand, if you regularly favor cryptocurrency over fiat currency when shopping, a Bitcoin debit card could make your life easier. Here are the pros of a Bitcoin debit card: Here are the cons of a Bitcoin debit card: When comparing Bitcoin debit cards, there are a few features that you should be sure to take into account. These include: After you’ve decided which Bitcoin debit card works best for you, you’ll need to apply for a card. To use a Bitcoin debit card, there are a few steps you’ll need to take, including: Some cards require users to validate their identity before being approved. Others require users to purchase a card or make an investment in the card’s native currency. You can transfer Bitcoin from a debit card to fiat currency via an exchange or Bitcoin ATM. Bitcoin debit cards (also called crypto debit cards) act like prepaid debit cards that can be loaded with cryptocurrency to make online and in-store purchases from merchants that don’t accept cryptocurrencies. These cards convert stored Bitcoins or other cryptocurrencies into whatever fiat currency is needed to make a purchase. Bitcoin debit cards can also be used to withdraw cash from ATMs in whatever fiat currencies the card supports. Bitcoin debit cards are typically issued by cryptocurrency exchanges and usually require individuals to create an account and/or digital wallet in order to apply for a card. Some also require users to validate their identity using the Know Your Customer (KYC) verification process. Some cards must also be purchased, with fees that vary. Others require you to make an investment in their native token currency in order to get better benefits, with costs coming in at $400, $4,000, or higher. Bitcoin debit cards are issued in partnership with major credit card services (usually Visa) and can be used online or in-store wherever the major credit card is accepted. Cardholders can also withdraw cash at any ATM supported by the credit service. It’s important to note that Bitcoin debit cards can only be issued to residents of specific regions, most commonly Europe. The cards also support certain fiat and cryptocurrencies and will charge cardholders for converting crypto into fiat currencies that are considered foreign. Most Bitcoin debit cards come with advanced security features like two-factor authentication, biometric scanning, and mobile codes that make them as safe to use as most major credit cards. Cardholders can also freeze or cancel their card instantly, usually through a mobile app. Nonetheless, some consider Bitcoin debit cards less secure than offline digital wallets. Technically, transferring funds from a wallet to a debit card provider can increase the risk of cyber-attacks, as can keeping funds on mobile wallets or on online exchanges. We looked at nearly a dozen Bitcoin debit cards for this review. Our first consideration was to find cards that are easy to use and create a seamless transition from cryptocurrency conversion to purchase or withdrawal. Security was also important, and we made sure to choose cards that offer the same level of security as traditional debit and credit cards as well as quick ways to freeze or cancel a card. Although pricing wasn’t a prime factor, we did highlight a few cards with low to no fees as well as those that offer cashback and other perks. The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read ourwarranty and liability disclaimerfor more info. Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Wirexapp. "Wirex Card." Wirex. “Crypto earning made easy.” Crypto.com. "Cronos Price." Crypto.com. "Cards." Binance. "Frequently Asked Questions." Financial Conduct Authority. "Consumer Warning on Binance Markets Limited and the Binance Group." Binance. "Card Fees and Limits." Binance. "How Does Binance Card Cashback Work."Best Bitcoin Debit Cards of 2024
Best Overall : Coinbase
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Best for Cardholder Perks : Wirex
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Best Variety of Cryptocurrencies Supported : Crypto.com
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Best for Cashback : Binance
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Final Verdict
Compare the Best Bitcoin Debit Cards
Company Fees Cryptocurrencies Supported Rewards Availability Coinbase Best Overall 2.49% cryptocurrency liquidation fee 8 4% Anywhere Visa is accepted Wirex Best for Cardholder Perks None 150+ traditional and fiat currencies Up to 8% cashback Anywhere Visa is accepted Crypto.com Best Variety of Cryptocurrencies Supported None 80+ 5% cashback Anywhere Visa is accepted Binance Best for Cashback Up to a 2% transaction fee for transactions and ATM withdrawals 15 8% cashback Europe, excluding the UK Guide to Choosing the Best Bitcoin Debit Cards
Do You Need a Bitcoin Debit Card?
Comparing Bitcoin Debit Cards
Applying for a Bitcoin Debit Card
Frequently Asked Questions
How Do Bitcoin Debit Cards Work?
How Do I Get a Bitcoin Debit Card?
Where Can I Use a Bitcoin Debit Card?
Are Bitcoin Debit Cards Safe to Use?
Methodology
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FAQs
Best Bitcoin Debit Cards of 2024? ›
Best Overall Coinbase
Its Coinbase Card lets cardholders spend their cryptocurrency anywhere Visa is accepted. Its support for multiple currencies, easy currency conversion, and top-notch security make it the best Bitcoin debit card overall.
Best Overall Coinbase
Its Coinbase Card lets cardholders spend their cryptocurrency anywhere Visa is accepted. Its support for multiple currencies, easy currency conversion, and top-notch security make it the best Bitcoin debit card overall.
The Venmo Credit Card is a cash-back rewards card, but you can choose to redeem rewards in crypto -- bitcoin, ethereum, litecoin or bitcoin cash -- at the end of each month.
What is the limit on Bitcoin debit card? ›In the USA, you can generally withdraw up to $299 without undergoing KYC verification. You will have to undergo KYC identity verification for Bitcoin ATM withdrawal limits up to $125000. You might be able to withdraw more than this with an 'enhanced' KYC procedure, but this is rarely offered.
What is the best credit card to buy crypto? ›| Card | Great For |
|---|---|
| Gemini Credit Card™ | Great For: Up to 3% back in crypto rewards |
| Venmo Credit Card | Great For: Crypto purchases with your rewards |
| Crypto.com Card | Great For: Prepaid card with crypto rewards |
No annual fees: The Coinbase Card has $0 annual fees! Cons: Lower rewards: The Coinbase Card offers lower cashback rewards than some of the other debit cards on this list.
Does BitPay card report to IRS? ›BitPay complies with the requirements of Section 6050W of the Internal Revenue Code. This Section requires payment processors to provide information to the IRS through Form 1099-K reporting.
Is there a Bitcoin debit card? ›Bitcoin debit cards are like prepaid credit cards. You can use them to make payments in person or online exactly like you would with any other credit card. You either enter your card details or swipe your card to make a payment, and merchants receive cash in their local currency.
How do I convert my credit card to Bitcoin? ›- Sign up for an account. You'll need to sign up for an account through a crypto exchange that supports credit cards. ...
- Add your credit card information. Once you have an exchange account, you'll need to add your credit card as a payment method. ...
- Deposit funds. ...
- Purchase crypto.
Does crypto affect your credit scores? Not directly, no. None of your bank accounts, savings or investments are recorded on your credit history. They aren't considered credit so they don't show up on your credit report and aren't visible to lenders when they do a check on you.
How much does Bitcoin ATM charge per $500? ›
When you use a Bitcoin ATM to convert $500 into Bitcoin, the amount you receive in BTC will vary depending on the operator's fee rate: With a 10% fee, you would receive the equivalent of $450 in Bitcoin, after subtracting the fee from your $500.
Can I send $10,000 through Bitcoin ATM? ›Transaction Limits
Similar to both traditional bank auto-tellers as well as online crypto exchanges, Bitcoin ATMs exercise a daily transaction limit. According to Investopedia, this range typically spans from $10 to $10,000, but it depends on the operator.
You will first have to sign up for a cryptocurrency exchange and sell your Bitcoin there. After KYC verification has taken place, you can then withdraw to your bank account.
Why can't I buy crypto with my debit card? ›Insufficient Funds: Ensure your card has enough balance to cover the transaction. Spending Limits: Banks often set limits on accounts or cards, which can hinder transactions if exceeded. Details Mismatch: The name and billing address associated with your Blockchain.com Pay account must match those of the card.
Is there a Bitcoin credit card? ›Like the BlockFi Bitcoin Rewards card, the Gemini Credit Card earns crypto rewards automatically. The rewards are available in bitcoin as well as more than 50 other cryptocurrencies on Gemini, a cryptocurrency exchange. The card was announced in early 2021 but had a waitlist at the time.
Why can't I buy crypto with Chase? ›Why don't you allow crypto asset payments? We've made this decision because fraudsters often use crypto assets to steal large sums of money from people. Blocking these payments is one of the ways we help keep you and your money safe.
Is there a debit card for crypto? ›Coinbase Card is accepted anywhere Visa® debit cards are accepted, at over 40M+ merchants worldwide. If you choose to spend crypto, Coinbase will automatically convert all cryptocurrency to US Dollars for use in purchases and ATM withdrawals.
Which crypto card is best crypto com? ›Which Crypto.com Card is best? The Obsidian Card is the best Crypto.com Card in terms of benefits. It offers the highest rewards rate at 5% and the longest list of features, including spending credits for Spotify, Netflix, and Airbnb. However, it also requires you to lock up $400,000 in CRO tokens.
Is a crypto card worth it? ›One of the most significant benefits of the Crypto.com card is the ability to earn rewards paid in CRO for each transaction. Rates range from 1% to 5%. You cannot earn rewards with every merchant, so if you're planning a big purchase and want to earn CRO, it's worth checking the retailer's terms.