The Exodus Spend Card earns 1-3% cashback on a Mastercard debit card with no annual fee, available in Multiple (NOT new US signups).
Exodus is a self-custodial multi-chain desktop and mobile crypto wallet founded in 2015 by JP Richardson and Daniel Castagnoli. The parent company, Exodus Movement, Inc., is publicly traded on the NYSE American under the ticker EXOD and was the first US company to complete an SEC-qualified, crypto-only Regulation A+ public offering in 2021.
The Exodus Spend Card is a crypto debit card offered by Exodus (via Baanx), available in Multiple (NOT new US signups). It offers 1-3% 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 is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. Note that the card is virtual only. 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. Browse all our regional card guides. See where it ranks among the best crypto debit cards.
| Tier | Rate | Requirement |
|---|---|---|
| Free | 1% | All cardholders auto-enrolled in 1% mUSD rewards (funding-dependent, pausable without notice) |
| Metal | 3% | $199/yr subscription, 3% on first $10,000/yr spend then 1% |
On $500/mo spend, the estimated monthly cost breakdown for Exodus Spend Card is: gas $0.00, conversion spread $7.50, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1.5% of spend. After $5.00/mo cashback that is still a net cost of about $2.50/mo ($30.00/yr). Exodus Spend 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.
The Spend Card is a sunset product, and the honest advice depends on where you live. Exodus's knowledge base states new signups are closed for the UK and US, while existing UK and US holders can keep using the card. Its successor, Exodus Pay, launched April 9, 2026 as a self-custodial Visa product with Apple Pay support, rolling out from Nebraska, Texas, Florida, New York, and California with global expansion planned later in 2026, subject to regulation. A month later Exodus shipped XO Cash, its own Solana stablecoin built with MoonPay, which runs on the same Pay rails. The direction of travel is clear: Exodus's attention is on Pay, not this card.
For EU holders the legacy card's real differentiator is its funding model. There is no custodial top-up balance: you bridge assets to Linea or Solana from your own wallet and set a delegated spending limit, with network gas quoted at typically $0.01 in the official EU+UK Terms. "Free" needs a footnote, though. Spending a stablecoin in your own currency costs nothing, but a mismatched-currency stablecoin costs 0.5% and other crypto such as wETH costs 0.875%, so what you fund it with decides what you pay. The Terms also attach a rewards schedule most reviews miss: all cardholders are auto-enrolled in a 1% rewards program paid in Exodus's mUSD stablecoin, explicitly subject to available funding and pausable without notice, so treat it as a bonus rather than a promise.
The free tier is virtual-only. A physical card exists only on the $199/year Metal subscription, which adds 3% cashback on the first $10,000 spent each year (then 1%), drops cross-border fees under fair usage, and quotes 6-8 weeks for card delivery, with a $99 replacement fee and auto-renewal you must opt out of in writing. Who is this for? Existing EU cardholders who already live in the Exodus wallet, value self-custody, and spend matching-currency stablecoins. US users should look at Exodus Pay instead, and note that third-party coverage frequently confuses the two products: the Spend Card is Mastercard on the Baanx/Monavate stack, Exodus Pay is Visa.
Card-specific user threads could not be independently verified (Reddit and Trustpilot block retrieval), so only app-level signals can be cited, and they cover the whole Exodus wallet rather than the card. The iOS app holds 4.6/5 across roughly 36,000 ratings [1]. No widespread payout-failure or mass-decline complaints about the card surfaced in reachable sources, but access limits mean this is weak evidence of absence; reliability should not be asserted either way.
Sources: [1]
Updated 2026-07-07
Note: LEGACY PRODUCT — being superseded by Exodus Pay (Visa, launched Apr 9, 2026). Spend Card (Mastercard) no longer accepting new US/UK signups; existing users can continue but are prompted to migrate. Per the official EU+UK Card Terms, all cardholders are auto-enrolled in a 1% mUSD rewards program (funding-dependent, pausable without notice) and the $199/yr Metal tier earns 3% on the first $10,000/yr then 1%. Exodus Pay offers Visa debit card with unspecified cashback/rewards. Exodus COMPLETED acquisition of Baanx/Monavate (May 1, 2026). XO Cash stablecoin (Solana, with MoonPay/Monavate) launched May 8, 2026. Exodus disclosed a 25% cut to its global workforce in a July 17, 2026 SEC filing as it reorients toward payments. Exodus Pay launched in select US states (Nebraska, Texas, Florida, New York, California) with a national rollout announced for 2026.
Other crypto cards in the same region or category that may suit your spending profile:
The Exodus Spend Card is a crypto debit card offered by Exodus (via Baanx). It is available in Multiple (NOT new US signups) and allows users to spend cryptocurrency at merchants worldwide.
The Exodus Spend Card offers 1-3% cashback. There are 2 tiers: Free (1%), Metal (3%).
The Exodus Spend Card has an annual fee of $0. Additional fees: Conversion fee: 0% Exodus fee (network gas only: Linea or Solana, typically $0.01); Top-up: 0% (network gas only: Linea or Solana).
The Exodus Spend Card has the following limits: daily spending limit: $15,000/day, $10,000/tx (Free); $30,000/day, $20,000/tx (Metal); UK £15,000/day; daily ATM withdrawal limit: $1,000/day (Free, 2% fee); $5,000/day (Metal, free to $1,200/mo then 2%); $1,000/tx. Limits can vary by account tier and verification level.
Supported assets include mUSD, USDC, aUSDC, USDT, WETH, EURe, GBPe; top-up methods include Bridge assets to a supported network from the self-custody Exodus wallet and set a delegated spending limit; crypto deposits are supported on Linea, Solana.
Yes. Exodus (via Baanx) requires standard identity verification (KYC), typically a government-issued ID, during signup.
The Exodus Spend Card is available in Multiple (NOT new US signups).
The Exodus Spend Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Exodus Spend Card is a non-custodial (self-custody) card. This means you retain control of your private keys and your crypto is not held by a third party. Funds are only converted at the point of sale, reducing counterparty risk compared to custodial alternatives.
Yes, the Exodus Spend Card supports Apple Pay and Google Pay for contactless payments.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.