The UPay Card earns None cashback on a Visa/Mastercard debit card with no annual fee, available in 168 countries.
UPay is a crypto card and wallet platform operated by UPay Financial Technology Co., Ltd., founded in 2023 and based in Dubai, UAE. The product issues Visa and Mastercard cards (with some tiers issued out of Hong Kong) for spending crypto at Visa- and Mastercard-accepting merchants worldwide.
The UPay Card is a crypto debit card offered by UPay (Dubai), available in 168 countries. It offers None cashback rewards on purchases. There is no annual fee to hold this card. It runs on the Visa/Mastercard network and requires full identity verification.
On $500/mo spend, the estimated monthly cost breakdown for UPay 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). UPay 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.
| Tier | Rate | Requirement |
|---|---|---|
| No Cashback | 0% | Card focuses on low fees and broad acceptance |
Note: Dubai-based, 500K+ users. Card range now spans up to 9 tiers including Stellar (virtual, 50 USDT issuance, 3% reload, 1% FX cross-border), Platinum (virtual, $10 issuance, 2% reload, 2% FX), Euro (physical, $100 issuance, 2.5% reload, 2% FX, targets Europe), Precious (physical, $100 issuance, 1% reload, 3% FX, HK-issued, 400 HKD annual fee from year 2), plus Sapphire/Privilege/Prestige/Seamless variants. Stellar reloads from 20 USDT (cap 50K USDT, transaction cap 20K). Platinum spending up to 100K USDT. Supports USDT TRC20/ERC20. Sumsub KYC. Excludes Russia, Iran, China, DPRK, sanctioned countries. No cashback; value prop is broad acceptance and low reload fees.
Other crypto cards in the same region or category that may suit your spending profile:
The UPay Card is a crypto debit card offered by UPay (Dubai). It is available in 168 countries and allows users to spend cryptocurrency at merchants worldwide.
The UPay Card offers None cashback.
The UPay Card has an annual fee of $0. Additional fees: Conversion fee: 1-3% reload (varies by tier); FX fee: 1-3% (varies by tier).
The UPay Card is available in 168 countries. Its availability status is "168 countries".
The UPay Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level.