Pionex Card Review (2026)

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).

Reviewed by Card Pilled Editorial · Last verified 2026-06-26

Key Facts

Cashback
0.1-1% USDT
Annual Fee
$0
Region
Global (NOT US/China)
Type
Debit
Network
Visa/Mastercard
KYC
full
Mobile Pay
Apple Pay, Google Pay

Overview

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.

Fees & Costs

Conversion Fee
1% (offset by 1% cashback)
FX Fee
1% Visa / 2% Mastercard (since Feb 3, 2026)
ATM Withdrawal
2% (no cashback on ATM)

Cost & Returns

On $500/mo spend, the estimated monthly cost breakdown for Pionex Card is: gas $0.00, conversion spread $5.00, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1% of spend. After $1.00/mo cashback that is still a net cost of about $4.00/mo ($48.00/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.

Cashback Tiers

Pionex Card cashback tiers and requirements
TierRateRequirement
USD Transactions0.1%USD-denominated transactions (reduced from 1% on Mar 20, 2026)
Non-USD Transactions1%Non-USD transactions, no cap

Pros

Cons

Note: Cashback split Mar 20, 2026: 0.1% on USD transactions, 1% on non-USD (was flat 1%). 5% APR on card account balance (compounded hourly). USDT-only funding. 5% Trip.com travel rewards. Apply requires Pionex KYC Level 2 plus account assets ≥100 USDT. 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. Effective Feb 3, 2026: Mastercard FX raised to 2%; Visa remains 1%.

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FAQ

What is the Pionex Card?

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.

How much cashback does the Pionex Card offer?

The Pionex Card offers 0.1-1% USDT cashback. There are 2 tiers: USD Transactions (0.1%), Non-USD Transactions (1%).

What are the fees for the Pionex Card?

The Pionex Card has an annual fee of $0. Additional fees: Conversion fee: 1% (offset by 1% cashback); FX fee: 1% Visa / 2% Mastercard (since Feb 3, 2026); ATM: 2% (no cashback on ATM).

Where is the Pionex Card available?

The Pionex Card is available in Global (NOT US/China). Its availability status is "Global".

Is the Pionex Card a credit or debit card?

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

Does the Pionex Card support Apple Pay or Google Pay?

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

Visit Pionex

Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.