The Nexo Card earns 0.5-2% NEXO cashback on a Mastercard debit card with no annual fee, available in EEA/UK/Switzerland/Argentina.
Nexo is a crypto financial services platform launched in 2018 by co-founders including Antoni Trenchev, Kosta Kantchev, and Kalin Metodiev, with its Swiss entity Nexo AG registered in Zug, Switzerland. In January 2023, Nexo agreed to pay a combined $45 million to the US SEC and state regulators over its unregistered Earn Interest Product, wound down most of its US offering, and announced a US re-entry through Bakkt in 2025. Nexo announced the acquisition of Argentine crypto platform Buenbit on December 11, 2025, adding a CNV-registered footprint and more than 1 million users, and established Buenos Aires as its Latin American headquarters.
The Nexo Card is a crypto debit card offered by Nexo, available in EEA/UK/Switzerland/Argentina. It offers 0.5-2% NEXO cashback across 4 reward tiers, with higher rates unlocked by staking NEXO. There is no annual fee to hold this card.
Best suited for NEXO holders willing to stake for higher rewards. It runs on the Mastercard 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.
| Tier | Rate | Requirement |
|---|---|---|
| Base | 0.5% | <1% portfolio in NEXO |
| Silver | 0.7% | 1%+ portfolio in NEXO |
| Gold | 1% | 5%+ portfolio in NEXO |
| Platinum | 2% | 10%+ portfolio in NEXO |
Personal EUR/GBP/USD accounts are held in the client's name on the Nexo platform, separate from the DiPocket-issued card; the institution providing the IBANs is not disclosed. E-money is not covered by deposit insurance or the FSCS.
Compare IBAN and transfer capability across cards in our crypto cards with IBAN guide.
On $500/mo spend, the estimated monthly cost breakdown for Nexo Card is: gas $0.00, conversion spread $3.75, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 0.8% of spend. After $3.00/mo cashback that is still a net cost of about $0.75/mo ($9.00/yr). Nexo 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: Requires $5K minimum portfolio. Monthly cashback caps: Base $50, Silver $50, Gold $100, Platinum $200. Also available in Switzerland and Andorra. Physical card ordering suspended since Jan 2025, virtual card only currently. UK residents: card available but NO cashback (FCA regulation since Oct 2023). ARGENTINA: Launched Jul 8, 2026 (powered by Pomelo), dual debit/credit mode, fee-free ATM up to $1,000/mo, fee-free FX up to $2,000/mo, up to 13% interest on idle balances.
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The Nexo Card is a crypto debit card offered by Nexo. It is available in EEA/UK/Switzerland/Argentina and allows users to spend cryptocurrency at merchants worldwide.
The Nexo Card offers 0.5-2% NEXO cashback. There are 4 tiers: Base (0.5%), Silver (0.7%), Gold (1%), Platinum (2%).
The Nexo Card has an annual fee of $0. Additional fees: Conversion fee: 0.75% swap fee (Debit Mode); 0% Credit Mode; FX fee: 0.2% weekdays / 0.7% weekends (EEA/UK/CH); 2% weekdays / 2.5% weekends rest of world; ATM: Free up to EUR 200-2,000/mo by tier, then 2% (min EUR 1.99).
Supported assets include Stablecoins, Cryptocurrencies (Debit Mode), EURx, USDx, GBPx; top-up methods include Nexo account balance (Debit Mode), Credit line against crypto collateral (Credit Mode).
Yes. The Nexo Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Nexo Card is available in EEA/UK/Switzerland/Argentina.
The Nexo Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Nexo Card supports Apple Pay and Google Pay for contactless payments.
Yes, the Nexo Card requires staking the provider's native token to unlock higher cashback tiers. The card has 4 reward tiers: Base (0.5%, requires <1% portfolio in NEXO); Silver (0.7%, requires 1%+ portfolio in NEXO); Gold (1%, requires 5%+ portfolio in NEXO); Platinum (2%, requires 10%+ portfolio in NEXO). Higher staking amounts yield better reward rates, but consider the opportunity cost of locking tokens.
The Nexo Card is issued by DiPocket UAB (Lithuania). Licences: EMI (Bank of Lithuania, EEA).
Yes, the Nexo platform provides a personal IBAN in the user's name. Personal EUR/GBP/USD accounts are held in the client's name on the Nexo platform, separate from the DiPocket-issued card; the institution providing the IBANs is not disclosed. E-money is not covered by deposit insurance or the FSCS.
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