The Rain Card is a Visa / Mastercard debit card with no annual fee, available in 100+ countries.
Rain is a regulated cryptocurrency exchange founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, headquartered in Manama, Bahrain. In 2019, Rain Management W.L.L. became the first crypto-asset service provider licensed by the Central Bank of Bahrain, and the company has raised funding from investors including Coinbase Ventures and Kleiner Perkins.
The Rain Card is a crypto debit card offered by Rain, available in 100+ countries. 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 / Mastercard network and requires standard 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.
On $500/mo spend, the estimated monthly cost breakdown for Rain Card is: gas $0.00, conversion spread $7.50, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1.5% of spend. After $0.00/mo cashback that is still a net cost of about $7.50/mo ($90.00/yr). Rain 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: Corporate/B2B stablecoin payments infrastructure. NOT for US individuals. Direct Visa membership + Mastercard Principal Member (announced May 2026). $250M Series C (Jan 2026) at $1.95B valuation (17x increase in 10 months), led by ICONIQ; total funding >$338M. Plans on-chain settlement with Mastercard for selected flows using regulated stablecoins. $3B+ annualized volume. Powers cards for Phantom, Avalanche, and others.
Other crypto cards in the same region or category that may suit your spending profile:
The Rain Card is a crypto debit card offered by Rain. It is available in 100+ countries and allows users to spend cryptocurrency at merchants worldwide.
The Rain Card has an annual fee of $0.
The Rain Card is available in 100+ countries. Its availability status is "Global".
The Rain Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Rain 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.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.