MetaMask CardMetaMask
$240Est. net value- Cashback
- 1-3% mUSD
- Realistic rate
- 1%
- Annual fee
- $0-$199/yr
- Type
- Debit
Best forSpending straight from a wallet you control
A data-driven comparison of every crypto card that names Canada in its own terms, ranked by estimated net annual value after fees, including the foreign exchange cost of paying in Canadian dollars.
Among cards that name Canada in their own terms, MetaMask Card leads at roughly $240 a year net on $2,000 a month of spending, and Shakepay Card is next at about $240. Shakepay and Crypto.com's Canadian card are the two that say they spend Canadian dollars; most of the others bill in US dollars, so a Canadian-dollar purchase carries whatever foreign exchange fee the card discloses.
The ranking answers one question: which card returns the most estimated value at $2,000 a month of spending, after fees, on the tier you get without staking or a paid upgrade. Only cards that name Canada in their own terms are listed, and every purchase is assumed to be in Canadian dollars.
Net values here include a foreign exchange fee where a card bills in a different currency from the one this guide assumes you spend in, using the fee the provider discloses to cardholders; a card with no disclosed FX fee is counted without one.
Best forSpending straight from a wallet you control
Best forEveryday spending in Canada Only
Want the full list? Jump to the full comparison table →
Most of the multi-region cards that name Canada bill in US dollars. Ether.fi (US dollars or euros), Tuyo, Wallbit and Figo each record a foreign exchange fee on purchases in other currencies, which covers every Canadian-dollar purchase, so the ranking charges it. Figo's Canada page says Canadian-dollar funding is converted to US dollars before it reaches the card.
Shakepay spends a Canadian-dollar balance, so a purchase in Canada carries no foreign exchange fee. On purchases in other currencies its cardholder agreement lists a flat 3%, while its newer Rewards Terms set 3%, 1.5% or 0% by status, and neither document says it amends the other.
Crypto.com's Canadian card holds a Canadian-dollar balance and is issued by Digital Commerce Bank, with its own Canadian fee schedule: the Basic card charges 2% on purchases that are not in Canadian dollars. The issuer and the other fees on our Crypto.com page describe its European card.
Where a card publishes no foreign exchange fee, it is ranked as if it charges none.
Crypto trading platforms that serve Canadians, including platforms based outside Canada, must register with provincial or territorial securities regulators. Registered platforms must protect client assets and funds, manage business and cybersecurity risk, limit which crypto assets they trade, deliver crypto or cash when a client asks, and give clients enough information. A platform already operating while its application is reviewed must sign a pre-registration undertaking, and filing one does not mean it will be registered.
The Canadian Securities Administrators keep a list of crypto platforms authorized to do business with Canadians, last updated September 18, 2026. It includes Foris DAX CAN (Crypto.com) and Shakepay. Registration covers the trading platform, not the card: none of the CSA pages on platform registration mention crypto cards or card issuers.
Platforms registered in Canada, or operating under an undertaking, can only offer stablecoins whose issuer has filed an undertaking acceptable to the CSA. The CSA's list names two: Circle for USDC and QCAD Digital Trust for QCAD. An undertaking does not mean the CSA approves or endorses the stablecoin.
Federal stablecoin legislation, introduced in Bill C-15, received Royal Assent on March 26, 2026, and Finance Canada expects the framework to come into force in 2027.
Paying for something with crypto is a disposition for income tax and is treated as a barter transaction, so spending crypto through a card can create a capital gain or loss. Individuals include half of a capital gain on crypto held on account of capital in income; the proposed increase to that inclusion rate was cancelled on March 21, 2025, and Budget 2025 confirmed it would not proceed. Whether crypto activity counts as a business is decided case by case.
The CRA's crypto guide lists rewards, such as from mining or staking, as a way of acquiring crypto, but it does not mention card cashback, and we found no CRA statement on crypto card cashback.
This guide lists every active card whose own terms name Canada; the full comparison table shows them all. Shakepay is the only one built just for Canada, and Crypto.com offers a separate Canadian version of its card. Cards marketed as global that never name Canada are not listed.
Cards that bill in US dollars or euros apply their foreign exchange fee to a Canadian-dollar purchase, and the ranking counts it. Shakepay spends a Canadian-dollar balance, so it charges no foreign exchange fee on purchases in Canadian dollars.
The CRA treats paying for goods or services with crypto as a disposition, handled as a barter transaction, so it can create a capital gain or loss. Individuals include half of a capital gain on crypto held on account of capital in income. We found no CRA guidance specific to card cashback paid in crypto.
It applies to crypto trading platforms, which must register with provincial or territorial securities regulators to serve Canadians. The CSA's pages on platform registration do not mention cards or card issuers.
Only stablecoins whose issuer has filed an undertaking acceptable to the CSA. The CSA's list names USDC (Circle) and QCAD (QCAD Digital Trust).
No. The Canadian card holds a Canadian-dollar balance, is issued by Digital Commerce Bank and has its own Canadian fee schedule, while the issuer and most fees on our Crypto.com page describe its European card.
Every active crypto card that names Canada in its own terms, side by side, sorted by estimated net annual value.
| Card | Cashback | Annual Fee | Type | Region |
|---|---|---|---|---|
| MetaMask Card | 1-3% mUSD | $0-$199/yr | Debit | US (49 states)/EU/UK/LATAM/Canada |
| Shakepay Card | 1-1.5% BTC | $0 | Debit | Canada Only |
| Ether.fi Cash | 3-4% ETHFI | $0 | Credit | US (30 states + DC)/EU/UK/Canada/HK/UAE/Singapore/LATAM + more |
| Exodus Card | Points (rate not published) | $0 | Debit | US, most EEA, Switzerland, Canada, LATAM |
| Baanx / Ledger CL Card | 1-2% | $0 | Debit | US/UK/EU/LATAM/Canada |
| Tuyo Card | TUYO Points | $0 | Debit | Canada/EU/LATAM/part of US + most countries (not UK) |
| Crypto.com Visa Card | 0-4.5% CRO | $0 (subscription $4.99-$29.99/mo) | Debit | 90+ countries |
| Kredete Card | 0% | $0 | Debit | US, Canada, UK, EU and Africa |
| Wallbit Card | None | $0 ($5 one-time card issuance); optional Pro $9/mo or Max $19/mo account plans | Debit | 78 countries incl. US, UK, most of the EEA, LATAM and parts of Asia |
| Figo Global Dollar Card | 0% | $0 | Debit | LATAM/Africa/Asia/UK (59 countries) |