Best Crypto Cards in Singapore 2026

Singapore's "anti-scam" banking protocols now make funding a crypto card harder than actually spending with one. While local banks flag transfers over S$50,000 and the Monetary Authority of Singapore (MAS) has blocked credit card crypto purchases, the cards in this roundup bypass traditional finance entirely. Two of them connect directly to self-custody wallets. This allows you to spend against your assets without triggering a taxable event. That is a massive advantage in a jurisdiction with zero capital gains tax on personal investments.

The market has split into two distinct directions by early 2026. You have high-yield cards that require massive token staking, and you have "sovereign" cards that prioritize self-custody and privacy over rewards. The former competes on raw percentages. The latter competes on how much control you retain over your private keys.

For Singaporean users, the choice comes down to your banking tolerance. If you want to avoid the friction of FAST transfer holds and bank inquiries, the self-custody options offer a smoother path. If you are chasing yield, the staking cards offer returns that traditional banks cannot match, provided you accept the volatility risk.

Here is how the top 5 crypto cards compare for Singapore residents.

At-a-Glance Comparison

The table below breaks down the fee structures and reward tiers. Note that staking requirements are substantial for the highest tiers.

Card	Tiers Compared	Cashback	Annual Fee	FX Fee	Staking
Ether.Fi Cash Card	Core, Luxe, Pinnacle	3% (wETH)	Free	1%	None to ~$50,000
Ready Card	Lite Card, Metal Card	0.5-3% (STRK)	Free	0%	None
Kolo Card	Standard	2% (BTC)	Free	0%	None
PAYY Card	Virtual PAYY Card, Virtual PAYY Card	None	Free	1%	None
COCA Card	Starter, Standard, Elite	1-8% (USD)	Free	0%	None to ~$30,000 COC

Ether.Fi Cash Card Review: DeFi Borrowing and Rewards

Verdict: The best choice for DeFi natives who want to spend against their portfolio without selling assets.

The Ether.Fi Cash Card is technically a tool for leverage rather than a simple debit card. It operates on the Scroll L2 network and integrates with a Gnosis Safe smart contract wallet. When you swipe this card, you are not necessarily selling your crypto. You can configure the card to borrow against your yield-bearing assets (like eETH). This means your principal remains intact and continues to earn staking rewards while you spend.

For Singapore residents, this structure is highly tax-efficient. Since you are borrowing rather than selling, you avoid potential classification as a "trader" by IRAS. You simply pay back the loan later. However, this introduces liquidation risk. If the value of your collateral drops significantly during a market downturn, the smart contract will liquidate your assets to cover the debt. Users must actively manage their health factor.

The rewards program is aggressive but tiered. The base Core tier offers 3% cashback in wETH without staking. To maintain high rewards or access the Pinnacle tier, you must stake significant amounts of ETHFI (up to ~$50,000). The cashback is paid in wETH, which aligns with the card's Ethereum-centric ecosystem.

Singapore Availability: The card is available to Singapore residents. The non-custodial nature means you bypass local banking blocks on funding, as you simply deposit crypto directly to your Gnosis Safe address.

Best for: DeFi users who understand liquidation risk and want to keep their ETH staked while spending.

Ready Card Review: Self-Custody and Metal Hardware

Verdict: The premier option for users who demand absolute self-custody until the moment of purchase.

Ready (formerly associated with Argent) solves the "pre-loading" problem. Most crypto cards require you to deposit funds into the issuer's wallet before you can spend. Ready uses account abstraction to keep funds in your own wallet until the transaction clears. The issuer, Kulipa, only initiates the transfer when the merchant requests payment. This is a significant security upgrade. If the issuer goes bankrupt, your funds are safe because they were never in the issuer's possession.

The rewards structure is straightforward. You earn roughly 3% cashback paid in STRK tokens. The Metal Card tier removes the 0.5% cap found on the Lite card but costs 120 USDC upfront. There is no staking requirement to unlock the 3% rate, which makes it accessible. However, the 120 USDC fee is non-refundable and does not auto-renew. You must manually pay it each year.

A major limitation for Singapore users is the strict USDC/USDC.e restriction. You cannot spend ETH or BTC directly. You must swap your assets into USDC before spending. This adds a step to the process but ensures price stability at the point of sale. The cashback is paid in STRK, which is a volatile token. A 3% return can quickly become 1.5% if the token price drops.

Singapore Availability: Fully functional in Singapore. The card works anywhere Mastercard is accepted. Since it relies on on-chain USDC, it completely bypasses the need for Singapore bank transfers or FAST payments.

Best for: Security-conscious users who refuse to let third parties hold their funds.

Kolo Card Review: Memecoins and Fast Onboarding

Verdict: A flexible, low-barrier card for users who want to spend altcoins and memecoins directly.

Kolo distinguishes itself with its "Memepay" feature. While most cards restrict spending to Bitcoin or stablecoins, Kolo allows direct spending of assets like PEPE. The card uses an AI-based routing engine to swap these assets to fiat at the point of sale. This backend aggregation aims to find the best liquidity across DEXs and CEXs to minimize slippage.

The card offers a flat 2% cashback in BTC. This is a solid baseline for a free card with no staking requirements. New users can temporarily get 5% as a welcome bonus, but the long-term value lies in the 2% BTC return. The onboarding is incredibly fast, often taking less than a minute via their Telegram mini-app.

However, the regulatory footing is shaky. Kolo operates under a "testing regulatory regime" with a pending FinTech Lab license. They reserve the right to reduce spending limits to $0 without notice. For a Singapore user accustomed to MAS's strict standards, this operational uncertainty is a risk factor. You should not keep significant capital on this card. Treat it as a hot wallet for daily spending.

Singapore Availability: Available, but users should be cautious. The "testing" status means service could be interrupted if regulatory winds shift. The 0% FX fee is excellent for Singaporeans traveling within Southeast Asia.

Best for: Degen traders who keep their net worth in memecoins and want to spend them without manual swaps.

PAYY Card Review: Privacy and Zero-Knowledge Proofs

Verdict: The only choice for users who prioritize financial privacy over rewards.

PAYY is built on a custom blockchain network that utilizes zero-knowledge proofs. When you transact, the details of your balance and the transaction amount are shielded from the public ledger. This is the closest crypto equivalent to paying with cash. The architecture is self-custodial, meaning you hold the keys.

The trade-off for this privacy is the complete absence of rewards. There is zero cashback. There are no perks. You are paying for privacy by foregoing the 2-8% returns offered by competitors. For some high-net-worth individuals, keeping their spending habits private is worth more than a few percentage points in rewards.

The physical card has a unique flaw for the Singapore market. It is contactless-only. It has no EMV chip and no magnetic stripe. While most terminals in Singapore malls accept contactless, older terminals at some hawker centers or smaller retailers may still require a chip insertion. If the contactless reader fails, you have no backup method to pay.

Singapore Availability: The card ships to Singapore, but funding must be done on-chain. Do not attempt to fund this card via a Singapore bank account, as the fiat rails are primarily US-focused and likely to be rejected by local banks.

Best for: Privacy maximalists who want to shield their spending data from public blockchain explorers.

COCA Card Review: High Yields and Staking Risks

Verdict: The highest potential cashback rewards, provided you are willing to take on significant token risk.

COCA competes on raw numbers. The Elite tier offers 8% cashback. Even the non-staking Starter tier offers 1%. The card also includes generous rebates for subscriptions like Netflix and Spotify. The "non-custodial" claim is based on MPC (Multi-Party Computation) technology. This eliminates the single point of failure of a private key, but it also means you cannot recover your wallet without COCA's servers. It is a form of shared custody rather than true self-custody.

The 8% cashback requires staking roughly $30,000 worth of COC tokens. This is the critical calculation for any user. If the COC token price drops by 10%, you have lost $3,000 in value. You would need to spend $37,500 on the card just to break even on that token drop. The rewards are lucrative, but they are inextricably linked to the performance of the COC token.

For Singaporeans, the card supports stablecoins like USDC and USDT directly. This is efficient for tax purposes as spending stablecoins rarely triggers complex tax calculations. However, the card has a €5 monthly inactivity fee, so it is not a card you can get and forget about.

Singapore Availability: Available. The lack of FX fees makes it a strong contender for online shopping in USD or travel. Note that Apple Pay integration requires a workaround via Curve, though Google Pay works natively.

Best for: High spenders who are bullish on the COC token and can maximize the 8% return.

Category Winners

Best No-Staking Option: Ready Card
The Ready Card wins here because it offers up to 3% cashback (and occasionally 6%) without forcing you to buy a volatile token. You pay a transparent annual fee of 120 USDC for the Metal tier, or use the Lite card for free. For a freelancer earning in USDC, this is the cleanest way to spend income.

Best Cashback Return: COCA Card
If you are willing to manage the risk, 8% is unbeatable. A user spending $5,000 a month would earn $400 in rewards monthly. However, this only makes sense if you hedge the $30,000 staking position or genuinely believe in the project's long-term viability.

Best for International Travel: Kolo Card
With 0% FX fees and support for spending directly from BTC or ETH, Kolo is ideal for travelers. You don't need to pre-convert funds to SGD or USD before you fly. You just swipe, and the card handles the conversion at the moment of purchase.

Best Overall Value: Ether.Fi Cash Card
For the crypto-native user, the ability to borrow against ETH rather than selling it is the ultimate value proposition. It preserves your exposure to the market. If ETH goes up 10% while you hold it as collateral, that gain likely outweighs any cashback percentage offered by other cards.

Final Verdict

The "best" card depends entirely on your relationship with volatility.

If you view your crypto stack as a long-term savings account that you occasionally dip into, the Ether.Fi Cash Card is the superior product. It aligns with the "hodl" mentality by allowing you to spend without selling.

If you are looking for a daily driver to replace your DBS or OCBC debit card for general spending, the Ready Card offers the best balance of security and usability. The self-custody model protects you from platform failure, which remains a relevant risk in 2026.

COCA and Kolo serve specific niches, yield farming and memecoin spending, respectively. They are excellent secondary cards but carry higher operational or token risks that make them less suitable as a primary financial tool.

A Note on Singapore Regulation:
Remember that as of 2026, you cannot use a Singapore credit card to buy crypto on regulated exchanges. This makes these cards even more vital. They provide a closed-loop system where you can earn, save, and spend crypto without ever needing to touch the traditional banking rails that are becoming increasingly hostile to digital assets.

For a full list of crypto cards available in Singapore, see our Singapore crypto cards page.

Frequently Asked Questions

Do I have to pay tax every time I use my crypto card in Singapore?
Generally, no. Singapore does not have a capital gains tax for individuals. If you are a casual investor, spending your crypto is not a taxable event. However, if IRAS determines you are trading as a business or profession, your profits (including those realized at the point of spending) could be taxed as income.

Why can't I top up my crypto card using my Singapore credit card?
The Monetary Authority of Singapore (MAS) has prohibited regulated Digital Payment Token providers from accepting credit card payments for crypto. This rule is designed to prevent retail users from using leverage to speculate. You must use bank transfers or transfer crypto directly from another wallet.

What is the best way to move SGD to a crypto card provider?
If the provider supports SGD deposits, FAST (Fast and Secure Transfers) is the most reliable method. It is near-instant. However, be aware that since October 2025, banks may place a hold on transfers if you move more than 50% of a balance exceeding S$50,000 within 24 hours.

Are crypto debit cards safe to use in Singapore?
The cards themselves use the Visa or Mastercard network and are safe for merchants. The risk lies in where the funds are held. Self-custody cards like Ready or Ether.Fi are safer because the issuer does not hold your funds. Custodial cards carry the risk of the issuer becoming insolvent.

Does the 8% cashback on some cards justify the staking requirement?
Only if the staking token maintains its value. If a card requires you to stake $30,000 in a proprietary token to earn 8% cashback, a 20% drop in that token's price results in a $6,000 loss. This loss would likely wipe out years of cashback earnings. Always calculate the "break-even" point before staking.