Krak Card Review (2026)

by Kraken · Updated 2026-03-16

Key Facts

Cashback
Up to 1%
Annual Fee
$0
Region
UK + EEA
Type
Debit
Network
Mastercard
KYC
full
Mobile Pay
Apple Pay, Google Pay

Overview

The Krak Card is a crypto debit card offered by Kraken, available in UK + EEA. It offers Up to 1% cashback rewards on purchases. The card features 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 full identity verification.

Fees & Costs

Conversion Fee
~1.5%

Cashback Tiers

Krak Card cashback tiers and requirements
TierRateRequirement
Standard0.5%Based on average combined assets
Metal1%€50K+ combined assets (Krak + Kraken)

Pros

Cons

Note: Rebranded to 'Krak Card'. 1% cashback PROMO for all cardholders until March 31, 2026 (no caps). Post-promo: balance-based tiers (thresholds TBD) across Krak/Kraken/Kraken Pro. Metal card at €50K assets unlocks max 1% + travel perks. Cashback in EUR, GBP, or BTC. Up to 10% APY on vaults. Salary Match feature (up to 1% bonus).

FAQ

What is the Krak Card?

The Krak Card is a crypto debit card offered by Kraken. It is available in UK + EEA and allows users to spend cryptocurrency at merchants worldwide.

How much cashback does the Krak Card offer?

The Krak Card offers Up to 1% cashback. There are 2 tiers: Standard (0.5%), Metal (1%).

What are the fees for the Krak Card?

The Krak Card has an annual fee of $0. Additional fees: Conversion fee: ~1.5%.

Where is the Krak Card available?

The Krak Card is available in UK + EEA. Its availability status is "UK/EEA".

Is the Krak Card a credit or debit card?

The Krak Card is a debit card. You need to load cryptocurrency onto the card before making purchases.

Does the Krak Card support Apple Pay or Google Pay?

Yes, the Krak Card supports Apple Pay and Google Pay for contactless payments.

Visit Kraken