The 1inch Card earns Up to 2% cashback on a Mastercard debit card with no annual fee, available in UK/EEA.
1inch is a decentralized exchange aggregator protocol that routes trades across multiple Ethereum-based liquidity sources to find competitive pricing for users. It was founded in May 2019 by Sergej Kunz and Anton Bukov, originally as a hackathon project at ETHGlobal New York, and the protocol's governance is now coordinated through the 1inch DAO and the 1inch Foundation. The project raised a $175 million Series B led by Amber Group in December 2021, with participation from Jane Street and VanEck.
The 1inch Card is a crypto debit card offered by 1inch (via Baanx), available in UK/EEA. It offers Up to 2% cashback across 2 reward tiers, giving users the ability to earn higher rates as they increase their commitment. There is no annual fee to hold this card. It runs on the Mastercard network and requires standard identity verification.
New to crypto cards? Read our complete buyer's guide to understand fees, rewards, and how to choose. Concerned about privacy? See our KYC vs non-KYC comparison. Compare more options in our best crypto cards in Europe guide. See where it ranks among the best crypto debit cards.
| Tier | Rate | Requirement |
|---|---|---|
| BXX Rewards | 2% | Cashback taken in BXX token |
| BTC/USDT/1INCH | 1% | Cashback taken in BTC, USDT, or 1INCH |
Withdrawals go only to a name-matched linked bank account; no personal IBAN is provided.
Compare IBAN and transfer capability across cards in our crypto cards with IBAN guide.
On $500/mo spend, the estimated monthly cost breakdown for 1inch Card is: gas $0.00, conversion spread $8.75, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1.8% of spend. After $10.00/mo cashback that nets a gain of about $1.25/mo ($15.00/yr). 1inch Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. Figures are conservative estimates and vary with conditions.
Note: Physical and virtual cards available (physical rollout confirmed via official 1inch blog, 2026). Powered by Baanx/Crypto Life (acquired by Exodus, May 2026). 0% FX fee, 1.75% crypto conversion fee on every transaction. €5K/mo spend cap, $500/day ATM (2% fee). EUR 4,800/mo cashback cap. Cashback selectable as 2% BXX, 1% BTC, or 1% USDT/1INCH. Runs on the same Crypto Life programme as the Baanx card, whose terms state that crypto transferred into the wallet passes in ownership to the operator, so the balance is custodial and no user gas applies at point of sale. 1inch officially states only that the card is available in the UK and EEA. The Bank of Lithuania fined issuer UAB Monavate EUR 270,000 with a warning on 2025-11-25 for AML, management, and reporting breaches.
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The 1inch Card is a crypto debit card offered by 1inch (via Baanx). It is available in UK/EEA and allows users to spend cryptocurrency at merchants worldwide.
The 1inch Card offers Up to 2% cashback. There are 2 tiers: BXX Rewards (2%), BTC/USDT/1INCH (1%).
The 1inch Card has an annual fee of $0. Additional fees: Conversion fee: 1.75%; FX fee: 0%; ATM: 2%.
Yes. 1inch (via Baanx) requires standard identity verification (KYC), typically a government-issued ID, during signup.
The 1inch Card is available in UK/EEA.
The 1inch Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the 1inch Card supports Apple Pay and Google Pay for contactless payments.
The 1inch Card is issued by UAB Monavate (EEA); Monavate Ltd (UK). Licences: EMI (Bank of Lithuania, EEA); EMI (Financial Conduct Authority, UK).
No, the 1inch Card does not come with a personal IBAN. Withdrawals go only to a name-matched linked bank account; no personal IBAN is provided.
Card balances are e-money regulated by the FCA or the Bank of Lithuania; fiat held on the platform outside the safeguarded e-money account is not e-money and is not protected by the FSCS or the Financial Ombudsman Service.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.