The Wirex Card earns 0.5-8% WXT cashback on a Visa/Mastercard debit card with a €0-€29.99/mo fee, available in 150+ countries.
Wirex is a UK fintech founded in 2014 by Pavel Matveev and Dmitry Lazarichev that launched one of the first crypto-enabled Visa debit cards in 2015. Wirex Limited is authorised by the UK Financial Conduct Authority as an electronic money institution, and the company has stated it holds direct principal membership with both Visa and Mastercard.
The Wirex Card is a crypto debit card offered by Wirex, available in 150+ countries. It offers 0.5-8% WXT cashback across 8 reward tiers, giving users the ability to earn higher rates as they increase their commitment. The annual fee starts at €0-€29.99/mo.
Best suited for reward-focused spenders willing to optimize for cashback. It runs on the Visa/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 |
|---|---|---|
| Standard Entry | 0.5% | Free plan, no WXT lock |
| Standard Enhanced | 1% | Free + 150K WXT locked (180 days) |
| Premium Entry | 1% | €9.99/mo |
| Premium Enhanced | 2% | €9.99/mo + 250K WXT locked (180 days) |
| Premium Ultimate | 3% | €9.99/mo + 750K WXT locked (180 days) |
| Elite Entry | 4% | €29.99/mo |
| Elite Enhanced | 6% | €29.99/mo + 1.5M WXT locked (180 days) |
| Elite Ultimate | 8% | €29.99/mo + 7.5M WXT locked (180 days) |
Virtual IBANs are issued by unnamed third-party providers, not Wirex. Third-party payments are supported on SEPA (EUR) for EEA and UK customers, but GBP Faster Payments rejects third-party payments (first-party only).
Compare IBAN and transfer capability across cards in our crypto cards with IBAN guide.
On $500/mo spend, the estimated monthly cost breakdown for Wirex 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 $3.00/mo cashback that is still a net cost of about $2.00/mo ($24.00/yr). Wirex 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.
Wirex is one of the longest-running crypto cards and works as a multicurrency spending account: you hold crypto and fiat side by side, set which balance gets charged first, and Wirex converts crypto to fiat at the point of sale. It markets 0% on non-domestic purchases and free ATM withdrawals up to €200 a month before a 2% fee applies. It is available across the UK and most EEA markets plus APAC markets including Australia, New Zealand, Hong Kong, and Taiwan, but not the US, Canada, China, Japan, South Korea, or Russia.
The headline 8% Cryptoback is real but heavily gated, and the gates are the point. Wirex's own pricing docs show the base Standard tier pays 0.5%, while 8% requires the Elite plan at €29.99 a month plus 7.5 million WXT locked for 180 days. Rewards are paid in WXT and capped both per transaction and per month at every tier (Standard Entry tops out at 100 WXT per purchase and 10,000 WXT a month), so the effective yield for anyone not paying for a plan and locking a large WXT position is thin. Treat the 8% as a loyalty rate for WXT holders, not an achievable cashback figure for a normal user.
The main caution is service reliability rather than card mechanics. Reviewer-documented complaints cluster on account restrictions, verification delays, and slow ticket resolution, and crypto-to-fiat conversion carries a variable spread (shown in-app before you confirm) on top of the marketed 0% FX. It fits a WXT-committed UK or EEA user who values the multicurrency wallet and accepts support risk; it is a poor fit for anyone who needs responsive help if an account gets restricted.
Review sentiment on Wirex is mixed, with the recurring complaints being account restrictions, verification delays, and slow ticket resolution [1]. Direct review-platform data could not be verified for this entry (Trustpilot blocked automated access), so no rating figures or individual anecdotes are included.
Sources: [1]
Updated 2026-07-06
Note: TWO PRODUCTS RUN IN PARALLEL (Aug 2026). Wirex One, the new stablecoin-neobank product, is live with a five-tier $WPAY membership (Base/Premium/Elite/Private/Bespoke): no subscription and no lockup, with tier set by both a minimum portfolio balance and the share of that portfolio held in $WPAY (both conditions must be met), and cashback valued in USD rather than in tokens. Wirex publishes a 0.5% to 8% range and a stated redemption formula (monthly redemption power = WPAY dollar holdings x 7%), and reporting puts the 8% top tier at roughly 10% of a $50,000+ portfolio held in WPAY, but exact per-tier rates and the balance thresholds separating the five tiers are not published. Wirex One Metal (Visa Signature) covers the Private and Bespoke tiers. The legacy Wirex app X-tras plans listed below still operate alongside it: Standard (0.5-1%), Premium (1-3%), Elite (4-8%), all WXT lockups 180 days, 8% requiring the Elite plan plus 7.5M WXT locked (~$55K). Subscription rebates (Uber One, ChatGPT Plus, Claude Pro, etc.) scale by tier. Which structure applies depends on whether the user is on Wirex One or the legacy Wirex app.
Other crypto cards in the same region or category that may suit your spending profile:
The Wirex Card is a crypto debit card offered by Wirex. It is available in 150+ countries and allows users to spend cryptocurrency at merchants worldwide.
The Wirex Card offers 0.5-8% WXT cashback. There are 8 tiers: Standard Entry (0.5%), Standard Enhanced (1%), Premium Entry (1%), Premium Enhanced (2%), Premium Ultimate (3%), Elite Entry (4%), Elite Enhanced (6%), Elite Ultimate (8%).
The Wirex Card has an annual fee of €0-€29.99/mo. Additional fees: Conversion fee: ~1%; FX fee: 0%; ATM: Free up to GBP 200 / EUR 200 / SGD 200 per month by region (AUD 400 in Australia), then 2%; Inactivity: $5/mo after 90 days inactive.
Yes. The Wirex Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Wirex Card is available in 150+ countries.
The Wirex Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Wirex Card supports Apple Pay and Google Pay for contactless payments.
The Wirex Card is issued by Transact Payments Malta Limited (EEA); Wirex Limited, FRN 902025 (UK). Licences: EMI (Malta Financial Services Authority, EEA); EMI (Financial Conduct Authority, UK).
Yes, the Wirex platform provides a personal IBAN in the user's name. Capabilities: receiving third-party transfers: yes; sending transfers to third parties: yes; transfer limits: EUR 50,000/day (SEPA); GBP 50,000/day (Faster Payments). Virtual IBANs are issued by unnamed third-party providers, not Wirex. Third-party payments are supported on SEPA (EUR) for EEA and UK customers, but GBP Faster Payments rejects third-party payments (first-party only).
UK: traditional currency is safeguarded via a segregated bank account in accordance with Wirex's regulatory obligations (no FSCS coverage). EEA: Transact Payments Malta Limited safeguards funds in accordance with applicable law.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.