Top Crypto Debit Cards with Cashback

Using crypto in day-to-day life has always been a challenge. Crypto lovers, for years, had to use different methods of cashing out on their crypto to use it for real-life purchases. Crypto ATMs, different types of transactions, and many more methods have been employed to allow blockchain enthusiasts to live an easy and normal life.

However, the process of cashing out crypto (transferring it from the blockchain to the real world) has become much easier with time. In recent years, more and more crypto companies and exchanges have started inking partnerships with Visa and MasterCard, bringing the power of debit cards to crypto.

This article will discuss the top 7 crypto debit cards and how to use them. Enjoy!

Top Crypto Debit Cards

It seems like all the biggest crypto exchanges and companies have debit cards nowadays. From Binance to Coinbase and Damex, they all have an inked partnership with either Visa or Mastercard to deliver crypto-linked debit cards for their customers.

Let’s review all of the most important crypto debit cards out there.

Crypto.com

Crypto.com is one of the leading companies that offers crypto debit cards, with its Visa Card being one of the most popular out there. The Visa Card is a prepaid card, which means that it must be topped up before use. Topping up can be done using bank account transfers, credit/debit cards, or cryptocurrencies.

Like most crypto companies, Crypto.com has a rewards system in place. All card rewards are paid in $CRO, which is then deposited into your Crypto Wallet in the Crypto.com App. There are different ways to earn rewards, such as keeping a certain amount of $CRO in your crypto account or spending a specific amount using the debit card. The rewards and earning methods vary depending on the tier of the card you have.

Crypto.com offers 7 different card tiers, each with its own set of requirements and rewards. To get the highest tier, the Obsidian Card, you need to lock up $350k worth of $CRO, and you'll receive 5% rewards. The lower tiers require smaller amounts of locked $CRO, but the rewards percentages are also lower. You can apply for the lowest tier without locking any $CRO, but for the higher tiers, you must lock up a certain amount of $CRO before applying.

Topping up your crypto debit card is a straightforward process, and you can do it using your Fiat Wallet, Crypto Wallet, or credit/debit card in the Crypto.com App. The card is available in many countries and regions, including the United States, Europe, and Asia. Overall, the Crypto.com Visa Card is a great option for those who want to use their cryptocurrency for everyday transactions and earn rewards while doing so.

Damex

Damex is a new player in the world of crypto debit cards, but it is already a serious competitor to crypto.com in the field of visa cards and in many others. They have already partnered with Visa to make it possible to use digital assets and crypto for real-life purchases. To be eligible for a Damex Visa card, all you need is a Damex account, which you can sign up for by downloading the app on the App Store or Google Play Store and completing the registration process. Once you have an account, ordering your Damex Crypto debit card is a breeze.

The Damex crypto card works just like any other debit card. Users can deposit digital assets, exchange crypto for fiat, and spend their funds using one of the Damex Debit Cards. It's that simple! The company is focused on making it easy for individuals to use their cryptocurrency for everyday transactions.

One unique aspect of Damex is that they also offer services for businesses. If you have a business and need to do some B2B work, Damex can set up an account linked to a business Debit Card and an IBAN that you can use. This is a great option for companies that want to use cryptocurrency for their transactions.

The Damex card offers cashbacks and rewards on every transaction, as well as a referral program. The more you use your Damex card, the more rewards you can earn. There are no special conditions to meet, such as holding a certain amount of tokens, which makes it a great option for beginners in the crypto world.

The Damex card is currently available in multiple countries and regions, including the United States, Europe, and Asia. Overall, if you're looking for a simple and easy-to-use crypto debit card, Damex might be the perfect option for you.

Binance

Binance is a major player in the crypto debit card market, offering its users a prepaid card that needs to be pre-loaded with cryptocurrency before use. Currently, the Binance Debit Card, powered by Visa, is available to users in selected European countries.

If you are a Binance user, applying for a Binance Card is straightforward. You can order one online directly from Binance, and if you don't already have a Binance account, you will need to create one before applying. After you create an account and pass the KYC, you can immediately get a Binance card.

When it comes to rewards, Binance has an interesting mechanism in place. To receive cashback rewards, you must hold a certain amount of their native token BNB. The more BNB you hold, the higher the cashback percentage you'll receive. For example, if you hold at least 1 BNB, you'll receive 2% cashback. And if you hold 600 BNB, you'll receive the highest cashback of 8% on every purchase.

At present, the Binance Card only supports the conversion and spending of a limited number of cryptocurrencies, including BNB, BUSD, USDT, BTC, ETH, EUR, ADA, DOT, LAZIO, SHIB, AVAX, SXP, PORTO, TLM, and SANTOS. However, the company is continuously adding more cryptocurrencies to their list.

If you are a Binance user and want to enjoy the benefits of the Binance Card, remember to hold some BNB tokens for cashback rewards.

Coinbase

Coinbase is a well-known name in the world of cryptocurrency, and its debit card - the Coinbase Card - is a great way to spend your crypto anywhere that accepts Visa. Issued by Metabank and running on the Coinbase platform, the card converts your crypto to fiat in real-time, allowing you to make purchases with ease.

One of the best features of the Coinbase Card is its rewards system, which offers cardholders crypto rewards with earning rates that rotate over time. The rewards are available in the form of crypto and are usually credited to your account within 24 hours after you use your card.

The Coinbase Card allows users to select from a variety of cryptocurrencies, each of which earns a specific percentage of cashback. For example, rates in the past have included 1% back for USD Coin, Dai, and Ethereum, 1.5% back for Bitcoin.

However, the downside of this crypto card is that it's only available for US residents. In order to be eligible for the Coinbase Card, you must complete all identity verification steps and read the Coinbase Card legal agreement, as well as reside in the United States. Once your application is approved, you'll receive your physical card within seven to ten business days.

In summary, the Coinbase Card is a great option for US residents looking to spend their crypto anywhere that accepts Visa. With its rotating rewards system, users can earn cashback in a variety of cryptocurrencies. However, if you're not based in the US, you'll need to look for other options.

Gemini

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, offers a credit card that allows users to earn rewards in Bitcoin, Ethereum, or over 40 other cryptocurrencies available on the platform. With the Gemini Credit Card, you can earn crypto rewards immediately upon making a purchase, unlike other credit cards that make you wait.

The Gemini Credit Card offers 3% back on dining, 2% back on groceries, and 1% back on all other purchases. The card has no annual fee and no foreign transaction fees, making it a great option for those who travel internationally. Additionally, there are no exchange fees to acquire your rewards, and you have the option to choose from black, silver, or rose gold metal cards.

To get the Gemini Credit Card, you must have a Gemini account. Once you have a Gemini account, you can apply for the card through the app. If you are approved, your card will be shipped to you within a few weeks.

There are no special conditions to meet in order to qualify for the Gemini Credit Card, aside from having a Gemini account. This means that anyone can apply for the card and start earning crypto rewards.

The Gemini Credit Card is available in the United States. However, the company has plans to expand to other countries in the future.

In terms of security, Gemini offers world-class security for its users. Your crypto rewards are protected by Gemini's security measures, and the card also comes with Mastercard Zero Liability Protection on Unauthorized Transactions and Mastercard ID Theft Protection. You can also lock your card instantly from the Gemini app and receive real-time alerts based on transaction size or type.

In conclusion, the Gemini Credit Card is a great option for those looking to earn rewards in cryptocurrency while making everyday purchases. With no annual fee, no foreign transaction fees, and no exchange fees, it's a cost-effective way to start earning crypto rewards.

BitPay

BitPay offers a prepaid Mastercard that allows you to convert cryptocurrency into fiat currency, which is loaded onto the card and can be used anywhere Mastercard debit cards are accepted. To apply for the BitPay Card, you need to download the BitPay app on your mobile device, click the card icon and follow the instructions. You must be at least 18 years old and pass identity and residency verification, as well as provide a clear selfie and a photo of a supported ID.

The biggest advantage of the BitPay Card is that there are no exchange fees when converting Bitcoin into dollars and loading them onto the card. This means that you can use your cryptocurrency for everyday purchases without worrying about fees eating into your savings.

However, the downside is that the BitPay Card is only available in the United States. Bitpay has plans to expand its reach to other countries in the future, but for now, the card is limited to US residents. If you're based outside of the US, you'll need to look for alternative options.

There are no cashback rewards or other perks associated with the BitPay Card, but the lack of fees makes up for this. The BitPay Card is perfect for those who want to use their cryptocurrency for daily transactions without worrying about fees eating into their savings.

Overall, the BitPay Card is a solid option for those looking for a straightforward way to convert cryptocurrency into fiat currency and spend it on everyday purchases. As long as you're based in the US and don't need any cashback rewards, the BitPay Card is a great choice.

Volt Inu

Volt Inu’s VoltiCard is a physical and virtual debit card that allows users to seamlessly spend their cryptocurrencies for everyday purchases using some of the most popular digital assets in the world. The VoltiCard is giving users the materialized power of DeFi, allowing them to transform Bitcoin, Ethereum, Ripple, Tether, USDC, and BUSD into real-world purchases. This means that users can hold onto their digital assets without ever having to convert them into fiat currency.

To fund your VoltiCard, you can easily transfer your digital assets from your DeFi wallet. This can be particularly advantageous for crypto-enthusiasts who prefer using only decentralized exchanges and wallets when interacting with the world of blockchain.

To apply for a VoltiCard, users need to register on the Volt Inu website and submit their personal information for KYC/AML verification. Once verified, users can order their card, which comes in a sleek black design.

In order to get your VoltiCard, you need to hold ~20M $VOLT tokens or about $20 worth of $VOLT. Additionally, there are some little fees to be paid in order to get the VoltiCard. You need to pay a monthly fee of $10 to maintain the card.

However, the biggest advantage of the VoltiCard is the fact that it’s accepted worldwide, and can be used anywhere in the world where Visa is accepted.

However, it's important to note that the VoltiCard is currently only available in select countries. It is not yet clear when the card will be available globally, but Volt Inu plans to expand its services in the future.

In conclusion, if you're a crypto-enthusiast looking for a convenient and seamless way to spend your digital assets in the real world, the VoltiCard might be a great option for you. With the ability to easily fund your card directly from your DeFi wallet and the flexibility to use popular cryptocurrencies, the VoltiCard offers a unique approach to crypto spending.

Closing Thoughts

Using crypto for real-world payments is easier than ever. You just need to get a crypto debit card that will automatically turn your blockchain-based cryptocurrency into fiat. You just need to complete a short KYC, order your crypto card, and top it up with some Bitcoin. That’s it!

It’s so simple using crypto nowadays…