Bitget Wallet Card

Bitget Wallet Card Review: Fees, Rewards & Availability

Basic Information

The Bitget Wallet Card is a crypto-linked debit card launched by Bitget (a global crypto exchange and Web3 wallet provider) in partnership with Mastercard, Visa, and regional issuing partners including Immersve and FOMO Pay. It enables users to spend cryptocurrency—primarily USDC and USDT stablecoins across multiple blockchain networks—for everyday purchases at millions of merchants worldwide.

The card bridges decentralized finance with traditional payments by allowing seamless spending of crypto assets without manual conversions or bank transfers. The specific card network (Visa or Mastercard) and issuing partner varies by region, with Immersve serving as the Principal Member of the Mastercard network for EU/UK markets and other partners handling different geographic areas.

Rewards and Benefits

Cashback Structure

The Bitget Wallet Card does not offer a permanent cashback program as part of its standard features. Instead, the card provides:

• Time-limited promotional cashback offers in specific regions (e.g., 20% cashback capped at 10 USDC per user during Brazil launch, August-September 2025)
• Enhanced "Refer 2 Earn" program with tiered structure:
  • Activation bonus: 20%-40% (tier-dependent)
  • Spending commission: 0.10%-0.20% on referee transactions
  • Second-level commission: Fixed 10% on sub-referrals
  • No limit to the number of friends you can invite and earn rewards for

Unlike many competing crypto cards, there are no staking requirements to qualify for the card or its basic features. However, users have the option to stake idle USDC/USDT balances to earn yield (up to 10% APY depending on region and product).

Unique Features

The Bitget Wallet Card offers several distinctive benefits:

• Non-custodial model: Users retain full control of their crypto assets until the moment of purchase, enhancing security and ownership
• Monthly "0-Fee quota": Automatic fee refunds covering FX markups, top-up charges, and conversion spreads within a monthly quota ($400 or $600 depending on eligibility)
• Customizable card designs: Virtual card face customization and co-branded card options
• Yield on idle balances: Ability to earn up to 10% APY on stablecoin balances not being actively used
• Seamless wallet integration: Direct connection to Bitget Wallet for easy management and funding
• Digital wallet compatibility: Works with Apple Pay, Google Pay, PayPal, Alipay, WeChat Pay, and more for contactless payments
• Multi-chain support: Top-up via multiple blockchain networks with in-wallet swap functionality
• Broad merchant acceptance: Compatible with major online platforms including Amazon, Uber, Netflix, and millions of other merchants

Fees and Limits

The Bitget Wallet Card employs a "0-Fee quota" model with automatic fee refunding within monthly limits. Fee structures and spending limits vary by region and issuing partner.

Important Note on Regional Variations: The Bitget Wallet Card's fee structure and limits are not globally uniform. Official documentation emphasizes that specific fees, limits, card networks (Visa vs. Mastercard), and withdrawal capabilities depend on your region's issuing partner. Some regional help centers still reference the legacy 1.7% FX fee for non-USD transactions, while newer markets benefit from the 0-Fee quota model.

When making purchases, the system may temporarily lock a slightly higher amount of crypto to account for potential price slippage during the conversion process. The conversion from USDC/USDT to fiat occurs in real-time at the point of sale, with the regional issuing partner's infrastructure handling the process.

Card Tiers and Options

Bitget currently offers a single-tier card program with no differentiated levels or status-based features. All cardholders enjoy the same core benefits, though specific limits and fee structures may vary based on their region's issuing partner. This simplified approach means there's no need to stake tokens or maintain specific balances to unlock premium features.

The card is instantly available in digital format once approved, allowing immediate use through mobile wallet integrations. Card management is handled through the Bitget Wallet app, including the ability to freeze/unfreeze the card at will for security purposes and customize the virtual card design.

Top-Up Methods

Users do not pre-load or top up the Bitget Wallet Card in the traditional sense; instead, the card operates on a non-custodial, on-demand model where USDC (Base network) is held in the user's self-custody Bitget Wallet until a purchase is made. At the point of sale, the required amount of USDC is converted in real-time to the merchant's local currency, incurring zero fees for USD transactions and a 1.7% conversion fee for non-USD purchases. There are no top-up fees, no minimum or maximum top-up amounts, and funds remain under the user's control until the moment of spending, with no transfer of custody to the card provider beforehand. All card funding and management is handled directly within the Bitget Wallet app, and only USDC on the Base network is currently supported for spending (other cryptocurrencies must be swapped to USDC prior to use). This process ensures immediate availability of funds for purchases and eliminates the need for manual top-ups or pre-loaded balances.

Self-Custody True Self-Custody

The Bitget Wallet Card uses a true self-custody model, letting users keep control of their crypto assets and private keys until the exact moment of purchase. When making a payment, USDC is converted to fiat in real time, directly from the user's wallet, with no need to pre-load funds to a platform or give up control beforehand. This means that if Bitget or its partners were to cease operations, users would still have full access to their crypto as long as they retain their wallet credentials. The approach offers strong user control and security, but users are responsible for safeguarding their wallet and seed phrase. While this model limits the risk of platform failure impacting access to funds, it currently only supports USDC on the Base network and requires KYC to use the card. Overall, the Bitget Wallet Card prioritizes user autonomy while offering seamless integration with the Mastercard network for everyday spending.

Supported Currencies and Conversion

The Bitget Wallet Card supports both USDC and USDT stablecoins for funding, with multi-chain top-up capabilities including:

• Base (primary network)
• Ethereum
• Solana
• TRON
• Additional networks via in-wallet swap functionality

While the Bitget Wallet app itself supports 100+ blockchains and numerous tokens, these can be easily swapped to USDC or USDT within the wallet for card use.

For spending, the card uses USD as its base currency but can be used for transactions in any currency accepted by Visa/Mastercard globally. The monthly 0-Fee quota covers FX markups and conversion spreads up to the eligible limit ($400-$600), after which fees typically range from 1%-2.2% depending on region and card type.

The currency conversion process features:

• Real-time conversion from USDC/USDT to the merchant's local currency at the point of sale
• Automatic fee refunds within monthly quota limits
• No hidden markups beyond the transparent fee structure
• Card balance viewable in USD within the app
• Conversion handled by regional issuing partner infrastructure, ensuring smooth transactions

This setup allows users to maintain their assets in crypto form until the moment of purchase, at which point only the exact amount needed is converted to fiat currency.

Geographic Availability

The Bitget Wallet Card is available in over 50 markets across multiple continents, with regional variations in issuing partners, card networks, and specific features.

Europe

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

Americas

Argentina, Brazil, Chile, Colombia, Ecuador, El Salvador, Guatemala, Mexico, Panama, Peru

Asia-Pacific

Australia, China, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam

Notable Restricted Regions

• United States and its territories
• Canada
• Countries under international sanctions
• Prohibited countries listed in Bitget's Terms of Use: Canada (Alberta), Crimea, Donetsk, Luhansk, Cuba, Hong Kong, Iran, North Korea, Sudan, Iraq, Libya, Yemen, Afghanistan, Central African Republic, DRC, Guinea-Bissau, Haiti, Lebanon, Somalia, South Sudan

Availability is being rolled out in phases globally, with promotional offers that may vary by region. Users must comply with local regulations in their jurisdiction, and Bitget reserves the right to modify or terminate card services in any region. Specific card features, networks (Visa vs. Mastercard), limits, and issuing partners vary by geographic location.

Compliance and Security

Identity Verification

All Bitget Wallet Card applicants must complete full KYC verification, which includes:

• Submission of personal information
• Government-issued ID verification
• Facial verification process
• Minimum age requirement of 18 years
• Travel Rule compliance steps in certain APAC markets

The verification process typically takes only minutes if automated checks pass successfully. This compliance ensures the card meets regulatory requirements in all supported regions.

Security Features

The Bitget Wallet Card incorporates multiple security measures:

• Non-custodial model: Users retain control of their crypto until the moment of purchase
• In-app security: Card freeze/unfreeze functionality available instantly
• Mobile wallet tokenization: Enhanced security through Apple Pay/Google Pay/Alipay/WeChat Pay integration
• Visa/Mastercard protection: Standard security features and Zero Liability policy
• Two-factor authentication: Required for account access
• User Protection Fund: Bitget has established a $300 million fund to safeguard user assets

If a user loses access to their Bitget Wallet, they can still spend the existing card balance but cannot deposit or withdraw funds.

Regulatory Structure and Licensing

The Bitget Wallet Card operates through a network of regional issuing partners, each holding appropriate licenses and regulatory approvals in their respective jurisdictions:

Regional Issuing Partners

• Europe/UK: Immersve serves as Principal Member of the Mastercard network and registered financial service provider
• Asia-Pacific: FOMO Pay and other regional partners handle card issuance in specific markets
• Card network (Visa vs. Mastercard) varies by regional partner

Bitget's Regulatory Framework

The card's regulatory framework is built on partnerships with established financial entities and Bitget's own compliance infrastructure:

• Bitget holds various crypto licenses including US MSB (Money Services Business) license from FinCEN
• VASP (Virtual Asset Service Provider) registrations in multiple EU countries
• The card adheres to AML (Anti-Money Laundering) standards in all supported regions
• Actively preparing for MiCA (Markets in Crypto-Assets) regulation in Europe
• Travel Rule compliance implemented in applicable markets

Regional variations in regulatory requirements mean that specific features, limits, and operational details may differ based on the user's jurisdiction and the applicable issuing partner.

Technical Details

Conversion Mechanics

The Bitget Wallet Card employs a sophisticated real-time conversion system:

• USDC or USDT is converted to fiat currency precisely at the point of transaction
• No pre-conversion is required; funds remain as crypto until spent
• Conversion is handled by regional issuing partner infrastructure
• Merchants receive payment immediately through the Visa/Mastercard network
• Transaction amounts are displayed in both the purchase currency and equivalent USD
• Monthly 0-Fee quota automatically refunds conversion fees, FX markups, and top-up charges

The card functions through a non-custodial model where users maintain control of their crypto until the moment of purchase. This approach differs from many competing cards that require users to convert crypto to fiat before spending.

The technical integration includes:

• Seamless connection between Bitget Wallet and the card system
• Support for Apple Pay, Google Pay, PayPal, Alipay, WeChat Pay, and more for digital and contactless payments
• Ability to view card details and transaction history directly in the Bitget Wallet app
• Multi-chain top-up functionality for USDC and USDT (Base, Ethereum, Solana, TRON)
• In-wallet swap feature to convert other cryptocurrencies to supported stablecoins
• Customizable virtual card face design

User Experience

The Bitget Wallet Card offers a streamlined user experience through the Bitget Wallet mobile app (available for iOS and Android). Key aspects include:

• Card application and management directly within the app under the "Bank Card" section
• Ability to view card details, transaction history, and balance in real-time
• One-touch card freeze/unfreeze functionality for security
• Simple top-up process using USDC or USDT across multiple blockchain networks
• In-wallet swap feature to convert other cryptocurrencies for card funding
• Easy addition of the card to Apple Pay, Google Pay, PayPal, Alipay, WeChat Pay, and more for contactless payments
• Virtual card customization options

Support is available through multiple channels:

• Email support
• Telegram and Discord communities
• Social media (X/Twitter)
• In-app help section

Early user feedback has been largely positive, with users particularly appreciating:

• The ease of setup and integration with mobile wallets
• Quick KYC process (often approved within minutes)
• Seamless spending experience at merchants
• The monthly 0-Fee quota feature with automatic refunds
• Multi-chain top-up flexibility

Common points of feedback include requests for physical cards (which are under development), expanded regional availability, and clarity around regional variations in fees and limits.

Best Suited For

The Bitget Wallet Card is particularly well-suited for:

• Existing Bitget Wallet users who want to spend their crypto assets without manual conversions or bank transfers
• International travelers who benefit from the monthly 0-Fee quota covering FX markups and conversion fees
• Privacy-focused crypto users who value the non-custodial model that maintains self-custody until point of purchase
• Mobile payment enthusiasts who prefer using Apple Pay, Google Pay, Alipay, WeChat Pay, or PayPal for contactless transactions
• Multi-chain crypto holders who appreciate the flexibility to top up from Base, Ethereum, Solana, TRON, and other networks
• Crypto holders in supported regions outside the US and Canada looking for practical ways to use digital assets
• Users seeking yield opportunities who want to earn up to 10% APY on idle stablecoin balances

Pros and Cons

Pros

• Non-custodial model preserves user control of funds until the moment of spending
• Monthly 0-Fee quota ($400-$600) with automatic refunds for FX markups and conversion fees
• Instant virtual card issuance with immediate mobile wallet integration
• Multi-chain top-up support (Base, Ethereum, Solana, TRON) with in-wallet swaps
• Support for both USDC and USDT stablecoins
• No annual/monthly fees (only $10 one-time activation fee)
• Higher spending limits ($12,000 daily / $150,000 annual for most users)
• Enhanced referral program with tiered bonuses and lifetime commissions
• Optional yield program (up to 10% APY) for earning returns on idle balances
• No staking requirements to qualify for the card
• Customizable virtual card designs
• Broad mobile wallet support (Apple Pay, Google Pay, PayPal, Alipay, WeChat Pay)

Cons

• Not available in major markets including the US and Canada
• Physical cards not yet available (only virtual cards)
• Fee structure and limits vary significantly by region and issuing partner
• Fees above monthly quota can reach 1%-2.2% depending on region
• ATM withdrawal availability varies by region
• Card network (Visa vs. Mastercard) depends on regional issuing partner
• No permanent cashback program (only time-limited promotions)
• Regional variations may cause confusion about specific features and limits
• Relatively new to market with limited long-term track record

Conclusion

The Bitget Wallet Card successfully bridges the gap between crypto holdings and everyday spending, offering a practical solution for using digital assets in the real world. Its standout feature is the non-custodial model, which keeps users in control of their funds until the moment of purchase—a significant advantage over many competing cards that require pre-funding a custodial account.

The introduction of the monthly 0-Fee quota ($400-$600 with automatic refunds) represents a significant improvement over traditional crypto card fee structures, making it particularly attractive for regular users and international travelers. Combined with no annual fees and competitive rates above the quota (typically 1%-2.2%), the card offers good value for its target audience.

The expanded multi-chain support (Base, Ethereum, Solana, TRON) and dual stablecoin compatibility (USDC and USDT) provide greater flexibility than the initial launch version, while the enhanced referral program with tiered bonuses and lifetime commissions adds meaningful earning potential. The instant virtual card issuance and seamless integration with major mobile payment systems (Apple Pay, Google Pay, Alipay, WeChat Pay, PayPal) enhance its practical utility.

However, the card does have notable limitations. Geographic availability excludes major markets like the United States and Canada, and the significant regional variations in fee structures, limits, card networks (Visa vs. Mastercard), and issuing partners can create confusion. The lack of a permanent cashback program and physical card option (though under development) may also deter some potential users.

The Bitget Wallet Card is particularly well-suited for existing Bitget Wallet users, international travelers, multi-chain crypto holders, and crypto enthusiasts in supported regions who want a straightforward way to spend their digital assets without sacrificing custody until the point of purchase. As the card program matures, the planned addition of physical cards and potential expansion to more regions could further enhance its appeal.

Additional Information

Bitget's Broader Ecosystem

The Bitget Wallet Card is part of Bitget's "PayFi" strategy to bring real-world payment utility to crypto assets. Bitget operates both a centralized exchange and a non-custodial wallet (Bitget Wallet, formerly BitKeep). The company has been expanding rapidly, claiming tens of millions of users across its platforms and actively pursuing regulatory compliance in multiple jurisdictions.

The card represents an important bridge between Bitget's crypto services and traditional payment infrastructure, allowing users to seamlessly move between the crypto and fiat worlds without leaving the Bitget ecosystem. The partnership with multiple regional issuing partners (Immersve, FOMO Pay, and others) enables broader geographic coverage while maintaining compliance with local regulations.

Security History

The Bitget Wallet (previously BitKeep) experienced a security incident in December 2022 when attackers injected malicious code into a spoofed version of the app, leading to over $8 million in user funds being stolen. Bitget responded by pledging to fully compensate affected users and implementing improved security measures.

While this incident predates the card launch, it highlights the importance of downloading the app only from official sources and maintaining good security practices. Bitget has since established a $300 million User Protection Fund to safeguard user assets, demonstrating a commitment to security and user protection.

Bitget is actively pursuing regulatory compliance globally, with licenses and registrations in multiple jurisdictions. In Europe, the company is preparing for MiCA (Markets in Crypto-Assets) regulation by securing VASP registrations in several countries. This proactive approach to regulation suggests a commitment to long-term operation and compliance, which bodes well for the card's continuity and potential expansion to more regions.