The Karma Card earns Points-based cashback on a Visa debit card with no annual fee, available in Global (excludes sanctioned countries; Kosovo excluded for cards).
Karma is a self-custodial crypto app combining multi-chain trading across Solana, Base, Ethereum, and Robinhood Chain with banking rails and a Visa card. Wallets are secured by passkey and keys are exportable, fiat rails run through Bridge, and the card program runs on Rain. The app launched publicly on the App Store on February 19, 2026, and the company operates the $KARMA token, whose holders receive fee discounts rather than yield.
The Karma Card is a crypto debit card offered by Karma Pay, available in Global (excludes sanctioned countries; Kosovo excluded for cards). It offers Points-based cashback rewards on purchases. 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. It runs on the Visa network and requires full 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.
Karma issues EUR IBANs, US routing and account numbers, and GBP account details in the user's name through Bridge, unlocked by completing KYC. Inbound third-party payments are accepted with conditions set out in Karma's FAQ: for non-US residents, from a registered business account, from a family member sharing a surname, or person-to-person under $4,000; for US residents, payroll and third-party payments in most states. Outbound sends go to a linked recipient and Karma's own feature list describes off-ramping 'to your own bank accounts', so unrestricted outbound to arbitrary third parties is not confirmed. The IBAN's issuing country is not published.
Compare IBAN and transfer capability across cards in our crypto cards with IBAN guide.
On $500/mo spend, the estimated monthly cost breakdown for Karma Card is: gas $0.00, conversion spread $0.00, flat/FX fees $2.50, and amortised card/tier fee $0.00, for a total drag of 0.5% of spend. After $0.00/mo cashback that is still a net cost of about $2.50/mo ($30.00/yr). Karma 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: Rewards are Karma Points (KP) earned on card spend and swaps, feeding Seed, Rising, Elite, and Black reward tiers that Karma says carry a cashback rate; GAP: the actual rate per tier is not published in Karma's docs or fee page, so no percentage is recorded here. Holding $KARMA multiplies KP earning (1.1x at $10 held up to 3x at $10,000) and discounts card fees: $2,500+ pays half the card service fee, $10,000+ pays none. The card carries a 0.5% Karma service fee per transaction plus 1% FX and a $0.30 flat Visa fee on non-USD spending, with no subscription, signup, or monthly fee. Banking rails via Bridge give EUR IBANs, US routing and account numbers, and GBP accounts, with on-ramp 1%, off-ramp 0.5%, SEPA $1.45, and ACH $0.95. Card creation requires a $10 minimum wallet balance and acceptance of Rain's card program terms. KYC is handled by Bridge and requires a government ID, a selfie, and proof of address dated within 3 months. Availability follows Bridge's country risk table: Cuba, Iran, Myanmar, North Korea, Syria, and the occupied Ukrainian territories are prohibited, roughly 30 further countries (including China, Russia, and Pakistan) are 'controlled' with no fiat rails, and the United States is supported. Cards specifically are not available in Kosovo. Wallets are self-custodial and gas is sponsored on default routes.
Other crypto cards in the same region or category that may suit your spending profile:
The Karma Card is a crypto debit card offered by Karma Pay. It is available in Global (excludes sanctioned countries; Kosovo excluded for cards) and allows users to spend cryptocurrency at merchants worldwide.
The Karma Card offers Points-based cashback.
The Karma Card has an annual fee of $0. Additional fees: Conversion fee: 0.5% Karma service fee per card transaction (50% off holding $2,500+ of $KARMA, free at $10,000+); FX fee: 1% on non-USD plus $0.30 flat Visa fee; Top-up: Free (crypto); 1% on-ramp by bank transfer.
Supported assets include USDC; top-up methods include Crypto deposit, Bank transfer (SEPA, ACH); crypto deposits are supported on Solana, Base, Ethereum, Robinhood Chain.
Yes. The Karma Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Karma Card is available in Global (excludes sanctioned countries; Kosovo excluded for cards).
The Karma Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Karma 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 Karma Card supports Apple Pay for contactless payments.
Yes, the Karma Pay platform provides a personal IBAN in the user's name. Capabilities: receiving third-party transfers: yes. Karma issues EUR IBANs, US routing and account numbers, and GBP account details in the user's name through Bridge, unlocked by completing KYC. Inbound third-party payments are accepted with conditions set out in Karma's FAQ: for non-US residents, from a registered business account, from a family member sharing a surname, or person-to-person under $4,000; for US residents, payroll and third-party payments in most states. Outbound sends go to a linked recipient and Karma's own feature list describes off-ramping 'to your own bank accounts', so unrestricted outbound to arbitrary third parties is not confirmed. The IBAN's issuing country is not published.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.