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Top 6 Crypto Debit Cards in Europe

13 mins
Updated by Maria Petrova
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Crypto debit cards can be useful and continue to grow in popularity. As more individuals join the crypto market, infrastructure providers are seeking to make it easier for them to join. 

Europe is among the regions where crypto debit cards are becoming more common. This guide lists the top six crypto debit cards in Europe, along with everything you need to know about each.

What are crypto debit cards?

Crypto debit cards allow individuals to use their crypto assets for purchasing online and in-person products and services. Crypto cardholders can use this physical card for transactions or ATM withdrawals, just like traditional debit and credit cards. They can preload their debit cards with cryptocurrency, and then the crypto debit card automatically exchanges only the needed amount of fiat at the time of the purchase. 

Over the last few years, cryptocurrency has become more mainstream, and that has led to an increase in the number of crypto debit cards available in Europe. Some of these services offer perks such as cashback rewards, interest rates, and other useful insights on their mobile apps. The debit cards offer support for multiple cryptocurrencies, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC).

Top 6 crypto debit cards in Europe

As a cryptocurrency investor and holder, you want to use and access your digital assets as easily as possible. Luckily, as a European resident, you have plenty of crypto debit card options. The top six crypto debit cards in Europe are listed below.

Wirex Card

Visa Crypto Prepaid Card
Who can apply?
E.U. & 100+
Type
Physical and virtual
Cashback
Up to 8%
Annual fee
No

Binance Card

Visa Crypto Debit Card
Who can apply?
E.E.A. Residents
Type
Virtual & physical
Cashback
Up to 8% cashback
Annual fee
No

Nexo Card

Mastercard Crypto Debit Card
Who can apply?
E.E.A. Residents
Type
Virtual & physical
Cashback
Up to 2% cashback
Annual Fee
No

Coinbase Card

Visa Crypto Debit Card
Who can apply?
U.S.A., E.U., U.K. Residents
Type
Virtual & physical
Cashback
Up to 4% cashback
Annual fee
No
SpectroCoin Card

SpectroCoin Card

Visa Crypto Debit Card
Who can apply?
E.E.A. & 100+ countries
Type
Virtual & physical
Cashback
No
Annual fee
No

Crypto.com Card

Visa Crypto Prepaid Card
Who can apply?
U.S., E.U., 100+ Countries
Type
Physical and virtual
Cashback
Up to 5%
Annual fee
No

How do crypto debit cards work?

You can use a cryptocurrency debit card to make purchases just like a traditional debit card. A crypto debit card acts like a prepaid card and can be loaded with crypto to make in-store or online purchases from merchants who don’t otherwise accept cryptocurrency.

Many crypto debit cards are supported by traditional credit card companies. This allows users to make purchases anywhere the major credit card company’s cards are accepted. This is the case for most crypto debit cards.

To request a crypto debit card in Europe, you will need to open an account with one of the companies that offer a cryptocurrency debit card. Before using your card, you must verify your identity and deposit crypto in your account.

There are different conditions based on what card you have and what crypto you choose. Every crypto debit card offers a list of cryptocurrencies. Obviously, the most commonly supported cryptos include bitcoin and ethereum. 

Representation of crypto transactions on the Visa Network
Visa Network: vulcanpost.com

The majority of these crypto debit cards work with a software cryptocurrency wallet and an app that allows you to load crypto or fiat onto the card. You can manage your card and account through that app. The app also offers a virtual card that can be used for online purchases.

Once the card is loaded, you can use it at ATMs, merchant stores, and other locations, just like a regular debit card. The best part is that you don’t have to wait for your physical card to arrive. After signing up for an account, you can use your virtual card immediately. 

Many crypto cards offer a flat rate for rewards and cashback for your purchases in specific categories, just like regular rewards cards.

Crypto debit cards compared

Features

Nexo Card

Coinbase Card

Binance Card

SpectroCoin Card

Wirex Card

Crypto.com Card

Type

Physical and virtual

Physical and virtual

Physical and virtual

Physical and virtual

Physical and virtual

Physical and virtual

Fees

  • Rates start at 0%, up to 13.9%
  • No inactivity, annual, or monthly fees
  • No foreign exchange fees for up to €20,000 per month
  • No transaction fees
  • 1.5% fee for ATM transactions
  • Transaction fees
    up to 0.9%
  • ATM withdrawal fee 2% (per withdrawal) for non-EUR, and outside of Europe
  • Foreign transaction fee
    2% per transaction for non-EUR, outside Europe
  • -No transaction for purchases made within EEA countries, in EUR,
    -0.5% for transactions not in EUR
  • 1% for internet transactions not in EUR
    -Using an ATM to get cash costs 1%-2%.
  • Chargeback €25

Free ATM withdrawal up to £200 monthly
after which a small fee of 2% is applied (EEA/ UK, international/ domestic)

  • $4.95 inactivity fee per month after 12 months
  • 3% foreign transaction fee on all non-USD purchases and ATM withdrawals
  • 2% ATM withdrawal fee on amounts above the monthly free ATM limit

Limits

  • Monthly ATM withdrawals up to  to €10,000
  • Up to 10 free ATM withdrawals per month
  • Up to €60,000 monthly transaction limit
  • Up to €10,000 daily transaction limit
  • Daily spending limit up to £10,000
  • £500 ATM withdrawal limit
  • EEA virtual card €870 daily limit
  • EEA physical card €8700 daily limit
  • EEA physical card €290 daily ATM withdrawal limit
  • €25,000 daily transaction limit
  • €2,500 daily ATM limit
  • €30,000 daily limit (UK/ EEA)
  • €500 daily withdrawal limit (UK/ EEA)
  • €5,000 monthly withdrawal limit (UK/ EEA)
  • €500 withdraw per transaction (UK/ EEA)
  • $25,000 max balance on all cards
  • Free ATM monthly limit $200-$1,000
  • ATM withdrawal limit $500-$1,000 daily, $5,000-$10,000 monthly
  • Purchase limit $10,000-$25,000 daily, $15,000-$25,000 monthly

Cashback

Up to 2% cashback

Up to 4%

Up to 8%

No

Up to 8%

Up to 8%

Issuance fee

Free

£4.95

  • First issuance free
  • Re-issuance €25

Free

Re-issuance €15

€60 expedited shipping

Free

$4.99 for the first physical Midnight Blue card

Supported

Cryptocurrencies

BTC, ETH, XRP, and 14+ assets

USDC and any coins or tokens supported by Coinbase

BNB, BUSD, USDT, BTC, SXP, ETH, EUR, ADA, DOT, XRP, AVAX, SHIB, LAZIO, PORTO, SANTOS

Any coins or tokens supported by the SpectroCoin wallet (e.g., BTC, ETH, USDT, XEM, BNK, and DASH)

BTC, ETH, SHIB, and 50+ coins and tokens

ADA, BTC, CHZ, DAI, DOGE, ENJ, EOS, ETH, LINK, LTC, MANA, MATIC, USDP, TAUD, TCAD, TGBP, TUSD, UNI, USDC, USDT, VET, XLM & ZIL

What are the benefits of using crypto debit cards?

best crypto credit cards

Nowadays, cryptocurrency is used by an increasing number of people from all over the world. As seen in the figure below, crypto adoption is increasing at a similar rate as the internet. Since digital assets are part of our daily lives, more people are becoming interested in how they can use them as payment. 

crypto adoption
Crypto vs. internet adoption: triple-a.io

Because most businesses don’t accept cryptocurrency payments (yet!), a crypto debit card will indirectly help you pay with crypto for goods and services. Here are the main benefits of using a crypto debit card in Europe:

  • Cashback reward: You can earn cashback rewards by simply paying with your crypto debit card. Each cryptocurrency card provider may offer different benefits, and some may offer 3% or higher rewards for each transaction.
  • Access to different currencies with only one card: Many cryptocurrency debit cards allow you to access your fiat currencies as well as crypto assets. 
  • Convenient for everyday expenses: If you want to use your crypto for everyday expenses like groceries or gas, crypto debit cards are a great solution

Crypto vs. traditional debit cards

unbanked by region
Unbanked population by region: World Bank

The benefits of crypto debit cards can not be overstated. They are the bridge from traditional finance to web3. Crypto debit cards allow you to use your crypto for real-world use cases. They also have some benefits over traditional debit cards.

Contrary to popular belief, transactions made with traditional debit cards aren’t settled until days later. This means that crypto debit cards give you faster payment finality.

In addition, crypto debit cards are a great solution for the unbanked. According to the most recent data from the World Bank, about 1.7 billion people do not have access to financial institutions. You do not have to sign up for a bank account to use them. You can also use them to withdraw money from ATMs nearly anywhere major card providers are accepted, in your local currency.

How to choose the right card for you

If you believe that the asset class will become more prominent in day-to-day usage and have a hefty amount of crypto, then a crypto debit may be for you. It can be a convenient way of using crypto for your expenses.

Furthermore, if you use crypto a lot, then you might be more interested in receiving more cashback for your purchases. In this case, you’ll have to explore all the different tiers for cashback rewards for each card. It’s also worth mentioning that each card may have different transaction fees. 

Join the BeInCrypto Telegram group if you want more information on crypto debit cards (or anything else web3-related!) Many of our members will be happy to help and answer your questions in more detail.

Frequently asked questions

Is there a crypto debit card?

Can I use crypto card at any ATM?

What ATM can I use my crypto Card?

Is Crypto.com card available in Europe?

What debit cards allow crypto purchases?

What is the best crypto com debit card?

How do I set up a crypto debit card?

What is the point of a crypto debit card?

Disclaimer

In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk.

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Iulia Vasile
Iulia Vasile is a seasoned professional in the cryptocurrency and blockchain industry, working full-time in the field since 2017. With a background in computer engineering, she...
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