The Pionex Card earns 0.1-1% USDT cashback on a Visa/Mastercard debit card with no annual fee, available in Global (NOT US/China).
Pionex is a cryptocurrency exchange known for offering built-in automated trading bots (grid, DCA, and similar strategies) directly inside its trading interface. The platform launched in 2019 and operates a Singapore-based entity alongside a separate US-licensed entity (Pionex.US) that holds FinCEN MSB registration and US state money transmitter licenses.
The Pionex Card is a crypto debit card offered by Pionex, available in Global (NOT US/China). It offers 0.1-1% USDT 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.
Note that the card is not available in the US and the card is virtual only. It runs on the Visa/Mastercard network and requires full identity verification.
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| Tier | Rate | Requirement |
|---|---|---|
| Visa | 1% | Pionex Visa, USD and non-USD purchases, uncapped (USD cut to 0.1% on 20 March 2026, restored to 1% on 15 May 2026) |
| Mastercard | 0.1% | Pionex Mastercard (Regular), USD and non-USD purchases, uncapped. Pionex's Mastercard guidelines list 0.1% to 1% without stating what sets the rate; its Gold Card FAQ says the Regular card earns a flat 0.1% |
On $500/mo spend, the estimated monthly cost breakdown for Pionex Card is: gas $0.00, conversion spread $5.00, flat transaction fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1% of spend. After $5.00/mo cashback that nets a gain of about $0.00/mo ($0.00/yr). Pionex 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: Cashback depends on the network. Pionex's Visa cashback guidelines (help.pionex.com, change log read 2026-10-09) set 1% on both USD and non-USD spend: USD was cut to 0.1% on 20 March 2026 and restored to 1% on 15 May 2026. The Mastercard guidelines set 0.1% to 1% on USD and non-USD spend since 29 May 2026, and Pionex's Gold Card FAQ says the Regular Mastercard earns a flat 0.1%. The 2026-09-01 correction that set Visa USD spend to 0.1% missed the 15 May restoration. 5% APY on the card account balance with no subscription or staking requirement, subject to change; Pionex credits it hourly, to the Card Account for the Visa and to the Primary Account for the Mastercard. USDT-only funding. 5% Trip.com travel rewards. Apply requires Pionex KYC Level 2 plus account assets above an amount shown on the application page, which Pionex says isn't fixed. Mastercard supports Apple/Google/LINE Pay and PayPal. Virtual card only (physical via limited promos). NOT available in US, China, or sanctioned countries. No cashback on eToro, TikTok, Wise, or ATM withdrawals. Mastercard transaction fee raised from 2% to up to 3.5% on 29 April 2026 per Pionex's fee schedule; Visa remains 1%. Small Mastercard transactions (5 USD or less, raised from 1 USD effective 19 October 2026) get one free per month, then 0.2 USDT each. Mastercard limits: 20,000 USD per transaction, 20,000 USD a day, 100,000 USD a month. VERIFICATION GAP (2026-10-10): What sets the Mastercard cashback rate is not stated on the official pages read (its guidelines list 0.1% to 1%), and neither is a separate foreign exchange fee. The 1% conversion cost applies to the Visa; the Mastercard fee schedule lists a transaction fee of up to 3.5%.
Other crypto cards in the same region or category that may suit your spending profile:
The Pionex Card is a crypto debit card offered by Pionex. It is available in Global (NOT US/China) and allows users to spend cryptocurrency at merchants worldwide.
The Pionex Card offers 0.1-1% USDT cashback. There are 2 tiers: Visa (1%), Mastercard (0.1%).
The Pionex Card has an annual fee of $0. Additional fees: Conversion fee: 1% Visa transaction fee on every purchase (offset by 1% cashback); fiat-to-crypto conversion is free, with USDT valued one to one against the dollar; FX fee: No separate FX fee published for Visa: its 1% transaction fee applies to all purchases, USD included (recorded as the conversion cost); Mastercard transaction fee up to 3.5%; ATM: 2% on the physical Visa card only; virtual cards and the Mastercard do not support ATM withdrawals (no cashback on ATM).
The Pionex Card has the following limits: daily spending limit: USD 20,000 (Mastercard); monthly spending limit: USD 100,000 (Mastercard). Limits can vary by account tier and verification level.
Yes. The Pionex Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Pionex Card is available in Global (NOT US/China).
The Pionex Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Pionex 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.