WEEKLY WRAP · 2026-11-10
6 quick hits · market context · 25 cards updated
LAUNCH
OKX's US card went live on November 2, a virtual Mastercard issued by WebBank and kept apart from the OKX Card it sells in Europe, Asia and Latin America. Stablecoins (USDC, USDT or USDG) held in OKX Pay secure your spending limit, and each 28-day cycle is repaid by Autopay from those stablecoins or manually from a linked USD balance. Cashback runs from 2% at Classic to 10% at Infinite, with one big condition: it's paid only on purchases repaid in USDG through Autopay. Repay in USDC, USDT or dollars and you earn nothing. Classic caps out at 50 USDG a month on up to $2,500 of spend. The climb is steep. Plus at 4% needs a $40,000 average Pay balance, $10,000 of card spend in 30 days or VIP 1, and Infinite needs $500,000, $100,000 or VIP 4. There are no transaction or FX fees. Massachusetts, New York and the US territories are excluded. OKX never says credit, debit or charge, but collateral plus a repayment cycle behaves like a secured credit card, so that's how we've listed it. The annual fee and KYC terms aren't published yet.
RATES
Two cuts, one obvious and one easy to miss. Uphold's Essential card, the free US tier, now pays 1% in XRP, per its card page and rewards terms updated November 2. It paid 3% to 4% at the October 2025 relaunch and 2% for signups after January 1. The US page still limits reward value to three months after activation for cards activated since January 1, with no rate published for month four, and that applies to Elite ($99.99 a year, 3% on fiat and stablecoin spend, 4% on crypto and metals) too. MEXC left its APAC card's 4%, 6% and 10% rates alone and cut the caps instead: 50, 150 and 800 USDT a month, down from 100, 300 and 800, and now shared across every MEXC card you hold. At 4% you hit the new cap at $1,250 of monthly spend, half the $2,500 it took before. The card-only savings rate also fell to 3% APR, from 7%. Our read: a headline rate that holds while the cap shrinks is still a cut. Check the cap before the percentage.
Source: Uphold Uphold Card → MEXC Card (APAC) →
LAUNCH
Two European bitcoin-reward cards are coming, neither available today. Invity Finance, a Czech MiCA-licensed provider in the SatoshiLabs group, has announced a Visa debit card for EEA residents, with Lightspark as the card provider and physical cards from early December. Cashback is paid in bitcoin, and what you get depends on a recurring bitcoin buy. Regular needs at least €240 a month of recurring buys and pays on up to €500 of spend, Frequent needs €480 (€1,000 of spend) and Busy needs €960 (€2,000). The rate is 1% from December 1, or 1.5% if you apply and activate a qualifying plan by November 30. The Basic plan costs €4 a month and pays no cashback. Honestly, this is a DCA plan with a card attached. It makes sense if you were going to stack €240 a month anyway. NBX, the Norwegian exchange, plans a Visa card for Norway, Germany, Sweden, Denmark and Finland in 2027, paying 0.25% to 1.5% in bitcoin, tokenised gold or tokenised silver, capped at €15 to €50 a month. Neither publishes FX or ATM fees yet.
Source: Invity Invity Card → NBX Visa Flex Card →
Market Context
All three news scans came back empty this week, so this wrap is built from our own checks: a 50-card rotating check, a regional pass that re-verified 60 cards against their official pages, and our new-card search, which added five. The one live launch, OKX's US card, puts its best rates behind six-figure balances. Most of the rate news ran against you. Uphold's free tier fell to 1%, MEXC's lower caps halved and KAST's points stop at month end, while the fee cuts at Tevau and Bing Card were small consolation. Our read: this is what a quiet week looks like now, fewer launches and more quiet trims to terms. Dates to keep: SpectroCoin's withdrawal deadline is tomorrow, the 1inch Card wants balances out by December 18 and Gnosis Pay's consumer card closes on December 20. We now track 241 cards: 191 active, 33 discontinued, 7 announced and 10 unclear.
Cards updated this week: OKX Card (US) → Invity Card → NBX Visa Flex Card → CoinSpot Mastercard → Another Card → Uphold Card → MEXC Card (APAC) → KAST Card → GoMining Card → BingX Card → Tevau Card → Bing Card → Xapo Card → SpectroCoin Card → Bybit EU Card → UPay Card → HashPort Card → Sovrae Card → Bipa Card → Kardpay →
New cards added: OKX Card (US) → Invity Card → NBX Visa Flex Card → CoinSpot Mastercard → Another Card →
Every recorded change, card by card →
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