The race to bridge cryptocurrency with everyday spending is heating up. Major centralized exchanges (CEXs) like Coinbase, Gemini, Crypto.com, Kraken, Bybit, Bitget, Gate, KuCoin, and MEXC are aggressively launching or upgrading their payment offerings—ranging from crypto-linked credit and debit cards to all-in-one financial apps. These products aim to turn digital assets into practical tools for real-world transactions, fueling the emerging narrative of crypto payments, stablecoin utility, and seamless digital finance integration.
With support across key markets like the U.S. and the European Economic Area (EEA), many platforms now offer 2%–10% crypto cashback on purchases. As the line between trading and lifestyle blurs, users gain new ways to spend, earn, and manage both fiat and digital currencies—all from a single interface.
Let’s explore how leading exchanges are shaping the future of money.
Coinbase One Card: Leveraging American Express for Premium Crypto Rewards
In June, Coinbase unveiled the Coinbase One Card, a Visa-powered credit card available exclusively to U.S. subscribers of its Coinbase One membership. This marks the platform’s first foray into crypto credit cards—building on its earlier prepaid Visa card launched in 2020.
The card is built on the American Express network, offering users enhanced protections, travel benefits, and rewards. Subscribers enjoy 2%–4% Bitcoin cashback on purchases, depending on spending categories and membership tier.
Coinbase offers two subscription tiers:
- Coinbase One: Priced at $29.99/month, includes zero trading fees, higher staking yields, and priority support.
- Basic Tier: At $4.99/month or $49.99/year, offers reduced Bitcoin rewards but retains core perks.
Designed for power users, the card integrates tightly with Coinbase’s ecosystem, reinforcing its strategy to make crypto not just tradable—but spendable.
Gemini Credit Card: Category-Based Crypto Cashback with Instant Payouts
Gemini stands out with a flexible rewards model that supports over 50 cryptocurrencies as cashback options—including BTC, ETH, and stablecoins. Unlike most cards, users can switch their chosen reward currency at any time.
The Gemini Credit Card, issued via Mastercard, offers tiered cashback:
- 4% back on the first $300/month in gas and EV charging (1% thereafter)
- 3% back on dining
- 2% back on groceries
- 1% back on all other eligible purchases
There's no annual fee or foreign transaction fee. For early adopters, a limited-time promotion grants **$200 in crypto** if $3,000 is spent within 90 days of account opening (offer valid through June 30, 2025).
While rewards can’t be used directly for repayment, they’re credited instantly—giving users immediate access to their earnings. APR ranges from 17.24% to 29.24%, with low late fees ($8 max) and failed payment penalties ($35 max).
This focus on instant crypto rewards and user flexibility positions Gemini as a top choice for daily spenders who value control.
Crypto.com Visa Signature Card: Tiered Rewards Based on User Status
Known for its aggressive incentive models, Crypto.com launched its Visa Signature Credit Card in the U.S., replacing its older prepaid card model. The card features a tiered cashback structure tied to user status:
- Obsidian Rank: 6.5% (Year 1), then 5%
- Rose/Icy: 5% (Year 1), then 4%
- Jade/Indigo: 3.5% (Year 1), then 3%
- Ruby: 2.5% (Year 1), then 2%
- Midnight: 1.5%
Cashback is paid in crypto and resets after 12 months unless status is maintained. The APR ranges from 18.24% to 32.24%, with a 5% balance transfer fee (minimum $10) and a 3% foreign transaction fee.
This model rewards loyalty and high engagement—encouraging users to increase holdings to maintain elite tiers and maximize returns.
Kraken Launches “Krak”: A Unified Global Money App
Rather than focusing solely on cards, Kraken took a broader approach with the launch of Krak, an all-in-one money app targeting global users.
Krak supports over 300 fiat and digital assets, enabling:
- Instant peer-to-peer transfers across 110+ countries
- Personalized payment IDs (Kraktags)—no need to share bank or wallet details
- Seamless switching between crypto, stablecoins, and fiat
Key features include:
- Up to 4.1% yield on USDG stablecoin balances
- Up to 10% rewards on select digital assets
- No lock-up periods, minimum deposits, or subscriptions
Future plans include virtual and physical Krak Cards, lending services, and credit products—positioning Kraken as a direct competitor to PayPal and Venmo in the Web3 era.
👉 See how the next generation of financial apps is merging crypto and daily life—click to learn more.
Bybit Card: High-Yield Crypto Debit Card for Global Users
Bybit’s Mastercard-powered financial card is available in the EEA, Switzerland, AIFC, Australia, Brazil, and Argentina. It comes in both virtual and physical forms.
Users enjoy 2%–10% cashback, scaled by VIP level. During a promotional period (Jan–Mar 2025), new cardholders received up to 10% back.
Fees include:
- $10 issuance fee (for physical card)
- 0.9% spread on crypto trades
- 0.5% FX markup over Mastercard rates
- 2% fee on ATM withdrawals above €100/month (EEA)
Supports major cryptos like BTC, ETH, USDT, USDC, and BNB—all settled in USD.
With strong rewards and global usability, the Bybit Card appeals to active traders looking to monetize everyday spending.
Bitget’s Dual-Card Strategy: Wallet Card + Visa Credit Card
Bitget employs a two-pronged approach:
1. Bitget Wallet Card (Mastercard)
- KYC-required; $5 sign-up bonus
- $10 issuance fee
- No annual or monthly fees
- 1.7% fiat conversion fee (non-USD purchases)
- Supports Apple Pay, PayPal, Google Pay
- Works on Amazon, TikTok, ChatGPT, Grab
2. Bitget Visa Crypto Credit Card
- Invite-only for VIPs
- No annual fee; free virtual and physical cards
- 0.9% transaction fee
- Supports USDT now; BTC, ETH, USDC coming soon
- No spending cap where Visa is accepted
This dual strategy allows Bitget to serve both retail users and high-net-worth clients.
MEXC & Gate: Regional Focus with Transparent Fee Models
MEXC Mastercard
Available in the EEA with:
- 1% deposit fee
- €1 monthly fee
- Free intra-EEA transactions; 2% outside
- Daily limit: 3,000 USDT; Monthly: 30,000 USDT
Clear pricing makes it ideal for European users seeking simplicity.
Gate Card (Visa-EUR)
Offers unique perks:
- 1% USDT cashback on all purchases
- Up to 7% back on flights and hotels
- Exclusive travel discounts via Gate Travel
- Rewards in USDT, BTC, ETH, or GT
No issuance fees; supports Google Pay and ATM withdrawals.
KuCoin’s KuCard: Instant Conversion for EEA Users
The KuCard (Visa) is available only to EEA residents and supports:
- 54 cryptos + EUR
- Instant crypto-to-fiat conversion
- Apple Pay & Google Pay integration
- Cashback up to €250/month (VIP-dependent)
Fees:
- €9.99 for physical card
- 2% non-EUR transaction fee
- €2 flat ATM fee + 2% international withdrawal fee
Designed for convenience and daily use, it emphasizes accessibility over high rewards.
Frequently Asked Questions (FAQ)
Q: Can I use crypto payment cards outside my home country?
A: Yes—most cards based on Visa or Mastercard networks work globally. However, foreign transaction fees may apply (typically 1–3%).
Q: Are there credit checks for crypto credit cards?
A: Yes—cards like Coinbase One Card and Gemini Credit Card require credit approval. Prepaid or debit-style cards usually don’t.
Q: How is crypto cashback delivered?
A: Rewards are typically credited in your exchange wallet within days. Some platforms offer instant crediting (e.g., Gemini).
Q: Do these cards affect my credit score?
A: If it's a true credit card (not prepaid), timely payments can build credit history—while late payments may harm it.
Q: Which card offers the highest crypto rewards?
A: Bybit and Bitget lead with up to 10% cashback for top-tier users during promotions.
Q: Is my money safe using these cards?
A: Funds held in prepaid cards are often safeguarded up to certain limits under financial regulations—but crypto balances are generally not FDIC-insured.
As exchanges expand beyond trading into payments, wallets, and lifestyle services, the vision of “trading as living” becomes reality. With deeper integrations, higher rewards, and broader usability expected in late 2025, the future of finance is not just digital—it’s seamless.