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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 of 2024
- Best Overall: Coinbase
- Best for Cardholder Perks: Wirex
- Best Variety of Cryptocurrencies Supported: Crypto.com
- Best for Cashback: Binance
Best Overall : Coinbase
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Coinbase
- Fees: 2.49% cryptocurrency liquidation fee
- No. of Crypto Supported: 8
- Rewards: 4% back
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.
Can be used anywhere Visa is accepted
Pay using multiple cryptocurrency wallets
Multiple security features
Coinbase account required
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.
Best for Cardholder Perks : Wirex
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Wirex
- Fees: $0 account fees
- No. of Crypto Supported: 150+ traditional and fiat currencies
- Rewards: Up to 8% cashback
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.
Cashback and referral bonuses
Supports 150+ traditional and fiat currencies
No issuance or monthly fees
Must have a balance in Wirex WXT tokens for rewards
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.
Best Variety of Cryptocurrencies Supported : Crypto.com
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Crypto.com
- Fees: No annual fee
- No. of Crypto Supported: 80+
- Rewards: Up to 5% cashback
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.
Supports over 80+ cryptocurrencies
No issuance or monthly fees
Rebates on streaming services
Must purchase Crypto.com’s CRO tokens
Cards with better perks require more money staked
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.
Best for Cashback : Binance
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Binance
- Fees: Up to a 2% transaction fee for transactions and ATM withdrawals
- No. of Crypto Supported: 15
- Rewards: 8% cashback
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.
Binance is our top pick for a cashback Bitcoin debit card. The card features an impressive 8% cashback.
Offers 8% cashback
No issuance or monthly fees
Convert crypto on demand
Only available in Europe
Balance in Binance’s cryptocurrency required for cashback rewards
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.
Final Verdict
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.
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?
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:
- You can spend cryptocurrency even at venues that don’t typically support it.
- Cashback rewards can be earned in cryptocurrency for transactions.
- Many cards support multiple types of currency.
- Robust security features protect your account.
Here are the cons of a Bitcoin debit card:
- Many cards charge fees.
- Not all Bitcoin debit cards are available in all areas.
- High volatility makes cryptocurrency less predictable than fiat currency.
- It may not be necessary if you don’t shop using cryptocurrency.
Comparing Bitcoin Debit Cards
When comparing Bitcoin debit cards, there are a few features that you should be sure to take into account. These include:
- Fees: Many, but not all, Bitcoin debit cards come with fees. These can include monthly maintenance, foreign transactions, and ATM withdrawal fees. You should look for a card that charges as few fees as possible.
- Rewards: Some Bitcoin debit cards come with rewards like cryptocurrency cashback. These rewards can seriously boost your earning potential, so it’s good to look for cards with generous cash back.
- Supported currencies: Not all Bitcoin debit cards support other currencies. Depending on what type of cryptocurrency you prefer, you should choose a card that supports it.
- Availability: Some Bitcoin debit cards are only available in certain geographic areas, such as the EU or the U.S. You should look for a debit card that works where you live.
- Other perks: Added perks are a nice additional bonus for Bitcoin debit cards. These can include basic perks like waived ATM fees and unique ones like free Spotify memberships.
Applying for a Bitcoin Debit Card
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:
- Creating a Bitcoin wallet
- Buying Bitcoin from a reputable exchange
- Connecting the card to a wallet
- Funding the card
- Using the card to make purchases
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.
Frequently Asked Questions
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How Do Bitcoin Debit Cards Work?
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.
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How Do I Get a Bitcoin Debit Card?
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.
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Where Can I Use a Bitcoin Debit Card?
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.
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Are Bitcoin Debit Cards Safe to Use?
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.
Methodology
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 our warranty and liability disclaimer for more info.
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