Key Features
- Prepaid Visa debit card connecting cryptocurrency to everyday spending
- Five main tiers plus ultra-premium option based on CRO token staking
- Up to 5% cashback in CRO tokens (8% in select regions for premium tier)
- Subscription rebates for services like Spotify and Netflix
- No annual or monthly fees
Main Advantages
- Seamless integration with Crypto.com ecosystem
- Metal cards available from Ruby tier upward
- Airport lounge access for higher-tier cardholders
- Generous foreign exchange transaction limits
- Mobile wallet compatibility (Apple Pay, Google Pay, Samsung Pay)
Notable Limitations
- Substantial CRO token staking requirements for higher tiers
- Exposure to cryptocurrency volatility through staking model
- Rewards programs have been reduced over time
- Top-up required before spending (prepaid product)
- Not available in certain regions (NY state, Russia, China)
The Crypto.com Visa Card serves as a bridge between cryptocurrency holdings and everyday spending, allowing users to convert and utilize their digital assets for real-world purchases anywhere Visa is accepted. This prepaid debit card integrates seamlessly with the Crypto.com mobile app ecosystem, providing users with a simple, intuitive way to spend cryptocurrency at millions of merchants globally without requiring merchants to accept crypto directly.
| Feature |
Details |
| Card Network |
Visa (Visa Platinum tier for most cards) |
| Card Issuer |
Varies by region: Community Federal Savings Bank (US), Foris MT (Europe), Foris Asia Pte (Singapore), Digital Commerce Bank (Canada), Foris GFS Australia Pty Ltd (Australia), Foris GFS Brasil Ltda (Brazil) |
| Payment Type |
Prepaid debit card |
| Launch Date |
Initially launched in Singapore (2018), then expanded globally |
| Card Format Options |
Physical cards (plastic for Midnight Blue, metal for higher tiers) and virtual cards (available immediately upon approval) |
| Mobile Wallet Integrations |
Apple Pay, Google Pay, Samsung Pay |
| Merchant Acceptance |
Accepted wherever Visa is accepted globally |
| Card Design |
Tiered design with distinct colors/materials per tier, no personalization options |
| Payment System Integrations |
Standard Visa payment processing |
The card converts cryptocurrency to fiat currency during the top-up process, solving the practical problem of limited crypto acceptance in retail environments.
Rewards and Benefits
Cashback Structure
| Tier |
Cashback Rate |
Staking Requirement |
Lock Period |
| Midnight Blue |
0% (no rewards) |
None |
N/A |
| Ruby Steel |
1% (with active stake) |
~$400 USD in CRO |
180-365 days |
| Jade Green/Royal Indigo |
2% (with active stake) |
~$4,000 USD in CRO |
180-365 days |
| Frosted Rose Gold/Icy White |
3% (with active stake) |
~$40,000 USD in CRO |
180-365 days |
| Obsidian |
5% (with active stake) |
~$400,000 USD in CRO |
180-365 days |
| Obsidian Prime |
Up to 8% (in select regions) |
~$1,000,000 USD in CRO |
12-month lock |
Additional Benefits
- Referral Programs: $25 USD bonus in CRO for both referrer and referee when new user stakes for Ruby Steel or above
- Subscription Rebates: Spotify, Netflix, Amazon Prime, Twitter Blue (varies by tier)
- Travel Benefits: Airport lounge access via Priority Pass/LoungeKey
- Travel Rebates: Expedia (10% up to $50/month), Airbnb (10% up to $100/month)
- CRO Staking Rewards: ~4% for Jade/Indigo, ~7% for Icy/Obsidian
- Level Up Rewards: Additional bonuses through gamification system
Fees and Limits
| Fee Type |
Amount |
| Initial Issuance |
Free |
| Upgrade to New Physical Card |
$50 USD |
| Card Replacement |
$7 for Midnight Blue, $50 for other tiers |
Transaction Fees
ATM Withdrawals
| Tier |
Free Monthly Limit |
Fee After Limit |
| Midnight Blue |
$200/month |
2% |
| Ruby Steel |
$400/month |
2% |
| Jade/Indigo |
$800/month |
2% |
| Icy/Rose Gold/Obsidian |
$1,000/month |
2% |
Foreign Exchange Transactions
| Tier |
Free Monthly Limit |
Fee After Limit |
| Midnight Blue |
$2,000/month |
0.5% |
| Ruby Steel |
$4,000/month |
0.5% |
| Jade/Indigo |
$10,000/month |
0.5% |
| Icy/Rose Gold |
$20,000/month |
0.5% |
| Obsidian |
Unlimited |
N/A |
Additional Fees and Limits
| Type |
Details |
| Top-up from Crypto/Fiat Wallet |
Free |
| Direct Top-up from External Credit/Debit Card |
1% fee |
| Card Closure and Balance Refund |
$50 fee |
| Daily Spending Limit |
$5,000 (or €5,000) for fully verified users |
| Monthly Spending Limit |
$50,000 (or €50,000) rolling limit |
| ATM Withdrawals |
$500-1,000 per withdrawal, typically 3 withdrawals per day |
| Maximum Card Balance |
Not explicitly stated, likely $25,000-50,000 |
Card Tiers and Options
Midnight Blue
| Feature |
Details |
| Issuance Fee |
Free (no stake required) |
| Card Material |
Plastic |
| Delivery Method |
Physical card shipped after approval |
| Cashback Rate |
0% |
| ATM Withdrawals |
$200 monthly free (2% fee thereafter) |
| FX Limit |
$2,000 monthly (0.5% fee thereafter) |
| Special Features |
None |
Ruby Steel
| Feature |
Details |
| Issuance Fee |
Free ($400 USD stake in CRO required) |
| Card Material |
Metal (red stainless steel) |
| Delivery Method |
Physical card shipped after approval |
| Cashback Rate |
1% CRO rewards (with active stake) |
| Reward Cap |
$25/month CRO rewards cap after first month |
| ATM Withdrawals |
$400 monthly free (2% fee thereafter) |
| FX Limit |
$4,000 monthly (0.5% fee thereafter) |
| Special Features |
100% Spotify rebate for 6 months (up to $13.99/month) |
Royal Indigo / Jade Green
| Feature |
Details |
| Issuance Fee |
Free ($4,000 USD stake required) |
| Card Material |
Metal (purple or green) |
| Delivery Method |
Physical card shipped after approval |
| Cashback Rate |
2% CRO rewards (with active stake) |
| Reward Cap |
$50/month cap after first 3 months |
| ATM Withdrawals |
$800 monthly free (2% fee thereafter) |
| FX Limit |
$10,000 monthly (0.5% fee thereafter) |
| Special Features |
100% rebate on Spotify and Netflix for 6 months, limited airport lounge access (approximately 4 visits per year) |
Frosted Rose Gold / Icy White
| Feature |
Details |
| Issuance Fee |
Free ($40,000 USD stake required) |
| Card Material |
Premium metal (white or rose gold finish) |
| Delivery Method |
Physical card shipped after approval |
| Cashback Rate |
3% CRO rewards (no monthly cap) |
| ATM Withdrawals |
$1,000 monthly free (2% fee thereafter) |
| FX Limit |
$20,000 monthly (0.5% fee thereafter) |
| Special Features |
100% rebate on Spotify and Netflix (no expiry with maintained stake), 10% rebate on Expedia bookings (up to $50/month), unlimited airport lounge access for cardholder plus one guest |
Obsidian
| Feature |
Details |
| Issuance Fee |
Free ($400,000 USD stake required) |
| Card Material |
Exclusive black metal |
| Delivery Method |
Physical card shipped after approval |
| Cashback Rate |
5% CRO cashback (no cap) |
| ATM Withdrawals |
$1,000 monthly free (2% fee thereafter) |
| FX Limit |
Unlimited perfect interbank exchange rates |
| Special Features |
All lower-tier perks plus 10% Airbnb rebate (up to $100/month), unlimited airport lounge access worldwide for cardholder plus guest, VIP status with dedicated support |
Obsidian Prime
| Feature |
Details |
| Issuance Fee |
Free ($1,000,000 USD stake required for 12 months) |
| Card Material |
Ultra-premium metal |
| Delivery Method |
Priority shipping |
| Cashback Rate |
Up to 8% CRO rewards on spending |
| Special Features |
Enhanced version of Obsidian benefits, higher staking interest |
| Availability |
Select regions only |
Top-Up Methods
Users must pre-load the card by topping up through the Crypto.com app, moving funds from their Crypto.com crypto wallet or supported fiat wallet into a dedicated card balance. Over 100 cryptocurrencies (BTC, ETH, LTC, CRO, and stablecoins) and 20+ fiat currencies (USD, EUR, GBP, etc.) can be used, with all crypto automatically converted to local fiat currency at market rates upon top-up, and the card balance is always in fiat. No fee applies for crypto/fiat wallet top-up within the app, but a 1% fee is charged for direct top-up from an external credit/debit card. The process is instant for crypto/fiat wallet top-ups, but custody of funds transfers from self-custody/exchange wallet to the card provider's custodial account during top-up, and users must complete top-up before spending—on-demand spending is not supported.
Self-Custody Custodial
The Crypto.com Visa Card operates on a fully custodial model where the platform and its associated licensed financial institutions hold and manage user funds. Users do not control the private keys at any point; instead, cryptocurrency is converted to fiat currency at the time of card top-up within the Crypto.com app. Funds are stored as fiat balances on the prepaid card, and users must pre-load the card before spending. The custody includes significant controls such as KYC requirements, regulated fiat custody, insurance coverage, and proprietary app interfaces for card management. In the event of issuer issues, funds are protected by regulatory safeguards and insurance programs, but users do not have direct ownership or access to private keys.
Supported Currencies and Conversion
| Currency Type |
Details |
| Supported Cryptocurrencies |
Over 100 top cryptocurrencies including BTC, ETH, LTC, CRO, and popular stablecoins |
| Supported Fiat Currencies |
20+ fiat currencies including USD, EUR, GBP, CAD, SGD, AUD, JPY, HKD, BRL |
| Currency Conversion |
All crypto is converted to local fiat currency when loaded onto card |
Conversion Mechanics
| Process |
Details |
| Crypto-to-Fiat Conversion |
Occurs at time of card top-up in the app |
| Settlement Timing |
Instant conversion when loading the card |
| Payment Priority |
Card balance is in fiat, spending directly from loaded balance |
| Exchange Rate Sources |
Crypto.com's exchange rates (may include a small spread) |
Geographic Availability
Supported Regions
- North America: United States (except New York), Canada
- Europe: All 27 EU countries, UK, Switzerland, Norway, Iceland
- Asia-Pacific: Singapore, Malaysia, Hong Kong, Taiwan, Philippines, Australia
- Latin America: Brazil
- Middle East: Beginning rollout in Gulf Cooperation Council (GCC) countries
Restricted Regions
- United States: New York State (no BitLicense)
- Sanctioned or High-Risk Countries: North Korea, Iran, Syria, Sudan, Crimea
- Other Regulatory Restrictions: Russia, Mainland China
- Additional Jurisdictions: Cuba, Afghanistan, Venezuela, Somalia, Yemen
Compliance and Security
KYC Requirements
- Full KYC with government ID, selfie, and potentially proof of address
- Regulated through licensed financial institutions in each region
Security Features
| Feature |
Details |
| Custody Model |
Custodial (fiat held by regulated institutions) |
| Insurance Coverage |
$750 million insurance policy for custodial crypto assets, FDIC insurance on USD balances in US |
| Security Features |
Two-factor authentication, instant card freeze/unfreeze, real-time transaction notifications |
| User Protection |
Worldwide Account Protection Program offering up to $250,000 reimbursement for unauthorized transactions |
| Compliance Partnerships |
Licensed financial institutions in each region |
Technical Details
The Crypto.com card is a prepaid debit card that operates on the Visa network. Users load funds onto the card by converting cryptocurrency to fiat within the Crypto.com app. The card functions as a standard Visa card at the point of sale, with transactions processed through the Visa payment network.
Virtual cards are available immediately upon approval, with physical cards shipped later. All card management occurs through the Crypto.com mobile app, which provides PIN viewing, transaction history, card freezing/unfreezing, and top-up capabilities.
The card integrates with major mobile wallets including Apple Pay, Google Pay, and Samsung Pay, allowing for contactless payments without the physical card. This technical integration provides a seamless experience across both traditional and modern payment systems.
User Experience
| Feature |
Details |
| Mobile App Features |
Card management, transaction tracking, top-up capabilities, PIN viewing, instant notifications |
| Language Support |
Multiple languages supported through the Crypto.com App |
| Support Channels |
24/7 live chat, email, dedicated support for higher tiers |
| Positive User Feedback |
Rewards satisfaction, ease of use, card design, integration with app |
| Negative User Feedback |
Customer support response times, changing rewards structure, occasional card declines |
| Common Complaints |
Support response times, reward reductions over time, app glitches |
| Merchant Category Restrictions |
Rewards excluded for quasi-cash transactions, crypto exchanges, financial services, gambling |
Best Suited For
- Active Crypto Investors who already hold or trade cryptocurrency and want to utilize their assets for everyday spending
- Frequent International Travelers who benefit from foreign exchange transaction allowances and airport lounge access
- Subscription Service Users who regularly pay for Spotify, Netflix, and other services that qualify for rebates
- High-Volume Spenders who spend enough monthly to maximize cashback benefits, offsetting staking requirements
- Crypto.com Ecosystem Users who already use the Crypto.com Exchange, App, or other services and benefit from integration
- Privacy-Conscious Spenders who prefer not linking their bank account to various merchants and subscription services
- Rewards Optimizers who strategically use different cards for different spending categories to maximize benefits
Pros and Cons
Pros
- Generous CRO cashback rates (up to 5% standard, 8% for ultra-premium tier)
- No annual fees across all tiers
- Subscription rebates for popular services
- Airport lounge access for higher-tier cardholders
- Seamless integration with broader Crypto.com ecosystem
- Premium metal cards from Ruby tier upward
- Robust mobile app management features
Cons
- Substantial CRO token staking requirements for higher tiers
- Exposure to cryptocurrency volatility through staking model
- Rewards programs have been reduced over time
- Prepaid product requiring active top-up before spending
- No credit facilities like traditional credit cards
- Geographic restrictions in several regions
Conclusion
The Crypto.com Visa Card stands out as one of the most comprehensive crypto-linked debit cards available, offering a compelling package of rewards and benefits across its tiered structure. The card effectively bridges the gap between cryptocurrency holdings and everyday spending, allowing users to utilize their digital assets for real-world purchases.
The ideal user for the Crypto.com Card is someone already comfortable with cryptocurrency who spends regularly on subscription services, travels frequently, and can commit to staking CRO for at least 180 days. This user would benefit most from the subscription rebates, travel perks, and cashback rewards, effectively offsetting the opportunity cost of the staking requirement.
For crypto enthusiasts spending substantial amounts monthly, the higher tiers offer exceptional value despite the larger staking commitments. The fee structure compares favorably to traditional cards for regular use, with most users staying within the generous free ATM withdrawal and foreign exchange limits. The CRO cashback and various rebates typically exceed any potential fees for the average user, making the card economically beneficial for qualified cardholders who understand and accept the associated risks.
While the rewards structure has seen reductions over time, the Crypto.com Visa Card remains one of the leading options in the crypto card space, especially for those already invested in the broader Crypto.com ecosystem.
Security Incident Details
In January 2022, Crypto.com experienced a security breach affecting 483 users with approximately $34 million stolen in various cryptocurrencies. The company responded by:
- Suspending withdrawals
- Fixing the exploit
- Reimbursing all affected customers in full
- Implementing stronger authentication methods
Following this incident, Crypto.com introduced the Worldwide Account Protection Program to provide additional security for user funds.
Program Changes History
The Crypto.com Card program has undergone several changes since its inception:
- May 2022: Reduction in cashback rates across all tiers and introduction of monthly reward caps
- 2023: Introduction of 6-month time limits on subscription rebates for lower tiers
- January 2024: Transition from simple token lockup to on-chain Cardholder CRO Staking mechanism
- Late 2024: Launch of the Level Up rewards system to enhance user engagement and benefits
Tax Implications
Using the Crypto.com Card can trigger taxable events in many jurisdictions:
- Each time cryptocurrency is converted to fiat to top up the card, this may constitute a taxable event that realizes capital gains or losses
- CRO rewards earned from card spending may be considered income in some tax systems
- Users should maintain detailed records and consult tax professionals regarding their specific obligations
Card Usage Tips
| Issue |
Solution |
| Fee Minimization |
Top-up from fiat wallet or crypto conversion instead of direct credit/debit card |
| Avoiding Account Closure Fee |
Spend balance down to zero rather than requesting refund |
| Declined Transaction Troubleshooting |
Ensure sufficient balance, verify merchant accepts prepaid cards |
| Best Practices |
Pre-load the card before major purchases, use virtual card for online shopping |
Upcoming Features
| Feature |
Details |
| Announced Future Capabilities |
Continued expansion of Level Up rewards program |
| Planned Expansions |
Further rollout in GCC countries |
| Beta Features |
Level Up gamification system for enhanced rewards |
