Revolut Crypto Card

Revolut Crypto Card Visa/Mastercard Prepaid Debit Review: Fees, Rewards & Availability

Basic Information

The Revolut Crypto Card allows users to spend cryptocurrency for everyday purchases through standard payment networks. It seamlessly converts crypto to local currency at the moment of transaction, enabling users to spend from their crypto balance at any merchant that accepts Visa or Mastercard without the merchant needing any special setup.

Rewards and Benefits

Cashback Structure

The Revolut Crypto Card offers tiered cashback rewards based on your subscription level:

• Standard/Plus/Premium tiers: No default cashback
• Metal/Ultra tiers: 0.1% cashback within eligible European countries, 1% outside Europe on all card purchases
• Cashback can be paid in currency of choice (including cryptocurrency)
• Maximum cashback is capped at approximately one month's subscription fee (e.g., maximum plan cashback equal to the monthly subscription price in that currency)
• Some regions offer special promotions (e.g., 1.5% flat cashback in Singapore for Metal users)

Eligible European countries for 0.1% cashback include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Additional Perks

Beyond cashback, Revolut offers several additional benefits:

• No staking requirements for basic card usage
• Learn & Earn program featuring educational modules with crypto rewards
• Integration with Revolut's Rewards program (including RevPoints) offering merchant-specific cashback deals
• Premium plan perks including travel insurance, lounge access, and purchase protection
• Metal/Ultra exclusive benefits such as concierge services, partner subscriptions, and higher interest rates on savings
• Periodic referral campaigns sometimes featuring crypto rewards
• Temporary promotional offers such as limited-time 1% cashback for all users during launch periods

Fees and Limits

The Revolut Crypto Card has a competitive fee structure that varies by subscription tier. Crypto card payments are executed at Revolut's cryptoasset exchange rate (which includes a variable spread based on market conditions) and are not subject to separate minimum or percentage-based crypto trading fees. However, these transactions count toward your plan's monthly exchange allowance, and exceeding that limit triggers fair usage fees on Standard and Plus plans.

Note on pricing: Monthly subscription fees are region-specific and vary by country and currency. The figures above represent UK (GBP) and example EEA (EUR) pricing as of 2025.

Important fee clarifications:

• Crypto card spending mechanics: Crypto card payments via Revolut Pay or the linked Revolut Card are not subject to minimum or percentage-based crypto trading fees. They are executed at Revolut's cryptoasset exchange rate (which includes spread) and count toward your plan's monthly exchange allowance.
• Fair usage fees: Standard and Plus customers who exceed their monthly exchange allowance pay an additional fair usage percentage (1% for Standard, 0.5% for Plus) on all exchanges (fiat, crypto, and commodities), regardless of weekday or weekend.
• Weekend FX markup: The weekend FX markup applies to standard currency exchange and card foreign exchange transactions, not specifically to crypto card conversions. Premium, Metal, and Ultra plans have 0% weekend FX markup.
• Exchange limits: Monthly exchange limits apply to combined currency, crypto, and commodities exchanges.
• Offline transactions: If an offline card transaction pushes your crypto pocket negative, Revolut will later debit your fiat balance and auto-buy crypto to clear it; that back-fill exchange is subject to normal trading and fair-usage fees.

Transaction Limits

• Single transaction limit: ~£100,000 per transaction
• Daily spending: Very high, effectively unlimited for normal usage
• Exchange frequency: Revolut may limit the number of exchanges per 24 hours (business documentation references 200 exchanges across fiat and crypto per 24-hour period)
• Daily ATM withdrawals: Limited to £3,000 per account

Card Tiers and Options

All tiers provide access to the core Crypto Card functionality allowing users to spend crypto at any merchant accepting Visa/Mastercard, with automatic conversion at the point of sale.

Top-Up Methods

Users do not need to manually top up or pre-load the Revolut Crypto Card; instead, funds are automatically deducted from the user's custodial crypto or fiat balance within their Revolut account at the exact moment of purchase. Supported top-up sources include 200+ cryptocurrencies (BTC, ETH, USDC, etc.) and 30+ fiat currencies, all managed within the Revolut app or website. At the point of sale, crypto is instantly converted to the local currency required by the merchant using real-time rates, with a 1% fee applied on weekends and a small spread included in conversion rates. Users must hold their funds within Revolut's custodial platform; self-custody wallets are not supported for direct card spending, and users do not control private keys. No pre-loading, time delays, or explicit minimum/maximum top-up amounts apply, but all crypto must be held with Revolut, and on-demand automatic conversion incurs currency conversion requirements and custodial risk.

Self-Custody Custodial

Revolut's Crypto Card operates under a fully custodial model. Users do not control private keys; Revolut holds crypto assets on the user's behalf in custodial wallets. Crypto is automatically converted to fiat currency at the point of sale without requiring pre-conversion by the user. The platform is regulated across multiple jurisdictions with full KYC and compliance requirements, meaning the company manages user funds and imposes constraints such as account freezes during compliance reviews. In case of Revolut ceasing operations, crypto holdings are held by Revolut rather than by users directly, creating counterparty risk. This model prioritizes ease of use and integration over decentralized control of assets.

Supported Currencies and Conversion

Supported Cryptocurrencies

Revolut supports 250+ tokens for retail customers (exact list available in-app and subject to change). The platform includes all major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Solana (SOL), Polkadot (DOT), Polygon (MATIC), Dogecoin (DOGE), Shiba Inu (SHIB), and all major stablecoins. All supported cryptocurrencies can be used with the Crypto Card, though not all tokens can be withdrawn to external wallets.

Supported Fiat Currencies

The platform supports 30+ fiat currencies including USD, EUR, GBP, JPY, AUD, CAD, CHF, and many others. Multi-currency accounts allow holding balances in all major currencies, with the card automatically deducting from matching fiat balance if available or converting from another balance as needed.

Conversion Process

• Real-time conversion at Revolut's cryptoasset exchange rate (which includes a variable spread based on market conditions; Revolut does not publish a fixed maximum spread)
• Automatic conversion from crypto to local currency at point of sale
• User can set spending priority order for different currency balances
• Crypto card payments are not charged additional percentage-based crypto trading fees, but they do count toward your plan's monthly exchange limit and may trigger fair usage fees (1% Standard, 0.5% Plus) once that limit is exceeded

Geographic Availability

Supported Regions

The Revolut Crypto Card is available in select markets worldwide, though crypto services remain unavailable in certain jurisdictions including the United States.

Revolut personal accounts and cards are available in: European Economic Area (all EU countries plus Iceland, Norway, Liechtenstein), United Kingdom, Switzerland, Australia, New Zealand, Japan, Singapore, Brazil, United States, and select other markets.

Crypto services and Crypto Card functionality are available in: European Economic Area, United Kingdom, Switzerland, Australia, New Zealand, Japan, Singapore, and Brazil.

Restricted Regions

• United States: Revolut personal accounts and cards are now available in the United States, but all crypto services (including the Crypto Card functionality) remain disabled for US customers following the October 2023 shutdown. US legal terms still state Revolut Technologies Inc. does not offer cryptocurrency services.
• Sanctioned jurisdictions: Belarus, Cuba, Iran, Libya, Myanmar, North Korea, Russia, Sudan/Syria, Venezuela, Zimbabwe, and territories under sanctions (e.g., Crimea, Donetsk)
• Other unsupported markets for crypto: Canada, most of Latin America outside Brazil, India

Regional variations exist in regulatory frameworks, fee structures, and promotional offers depending on local requirements and market conditions.

Compliance and Security

Regulatory Framework

• UK: Crypto services provided by Revolut Ltd, which is registered with the FCA for cryptoasset activities under UK AML rules (not as a regulated investment). Revolut Ltd is also an FCA-authorized Electronic Money Institution.
• EU/EEA: Crypto products provided by Revolut Digital Assets Europe Ltd (RDAEL), licensed in Cyprus as a Crypto Asset Service Provider (CASP) under the EU MiCA regulation by CySEC, giving passported rights across the EU. Banking services provided via Revolut Bank UAB (Lithuania), a fully licensed bank under ECB supervision.
• Other markets: Regional licenses (e.g., MAS in Singapore, ASIC/APRA in Australia)
• Adheres to local regulations and does not offer services in unauthorized jurisdictions
• Full KYC required for all users (government ID, possibly selfie)
• Source of funds declarations may be required for large crypto transactions

Security Features

• App security: Protected by passcode/biometric login, 2FA for new device authentication
• Card controls: Freeze/unfreeze functionality, enable/disable specific payment types, custom spending limits
• Location-based security: Transactions can be restricted by geographic location
• Virtual card options: Disposable virtual cards for online shopping (Premium+ tiers)
• Crypto-specific security: Address whitelisting for withdrawals, additional verification for sending crypto out
• Fraud protection: 24/7 monitoring and alerts for suspicious activity

Insurance and Custody

• Fiat funds: EU customers covered by deposit guarantee up to €100,000
• Crypto holdings: Not government-insured, held in custodial wallets
• Custody model: Revolut holds crypto on user's behalf, users do not hold private keys
• On-chain capabilities: Withdrawals and deposits enabled for many cryptocurrencies since 2021-2022, though not all tokens are transferable outside Revolut

Technical Details

Conversion Process

The core technical architecture leverages Revolut's multi-currency platform, enabling real-time conversion from crypto to fiat at the point of sale:

• Automatic conversion at the exact moment of transaction
• No need to manually convert crypto beforehand
• Each conversion is treated as selling crypto at current market rate
• Real-time notification to user, standard settlement time for merchant
• Revolut uses its own cryptoasset exchange rate which includes a variable spread based on market conditions

Payment Priority

Users can specify which accounts to use for transactions:

• Options include specific crypto wallet, "All Crypto," specific fiat, or "All Accounts"
• When using "All Crypto," system liquidates largest crypto holding first
• Automatic fallback to other accounts if primary source has insufficient funds
• Exchange rates sourced from major exchanges with embedded spread

User Experience

Revolut offers a highly-rated, intuitive mobile app available on iOS and Android with:

• Simple setup process for the crypto card
• Real-time transaction notifications
• Direct in-app card management
• Multiple language support across regions
• 24/7 in-app chat support in 100+ languages
• Priority support for Premium/Metal/Ultra subscribers
• Dedicated support line/callback for Ultra customers

User feedback is generally positive (app typically rated ~4.5/5 on app stores) regarding ease of use, seamless integration, and convenience. Common complaints include account freezes during compliance reviews, support responsiveness for complex issues, awareness of fair usage fees and exchange limits, and slight price differences compared to dedicated exchanges.

Some merchant types may not accept prepaid cards (e.g., car rentals, pay-at-pump gas), and transactions to high-risk or sanctioned entities may be declined.

Best Suited For

The Revolut Crypto Card is best suited for:

• Digital nomads and frequent travelers who need seamless currency conversion across borders
• Crypto investors who want to utilize their holdings for everyday spending without complicated transfers
• Revolut ecosystem users who already rely on the platform for banking and want integrated crypto functionality
• Mainstream consumers seeking an entry point to crypto without technical complexity
• Premium service enthusiasts who value the additional perks of higher subscription tiers (Metal/Ultra)
• Users who prioritize convenience over decentralization and are comfortable with custodial crypto solutions

Pros and Cons

Pros

• Seamless integration of crypto with everyday spending
• No pre-conversion needed - automatic conversion at point of sale
• Comprehensive suite of card management features
• Strong security and compliance framework
• Integration with broader Revolut financial ecosystem
• Premium/Metal/Ultra plans have no fair usage fees and 0% weekend FX markup
• Support for 250+ cryptocurrencies

Cons

• Custodial model means users don't control private keys
• Fair usage fees apply when monthly exchange limits exceeded (Standard/Plus tiers)
• Cashback only available on higher-tier paid subscriptions (Metal/Ultra)
• Account freezes during compliance reviews can restrict access
• Slight price difference compared to dedicated crypto exchanges due to embedded spread
• Revolut does not publish a fixed maximum spread for crypto exchange rates

Conclusion

The Revolut Crypto Card successfully bridges the gap between cryptocurrency holdings and everyday spending, transforming crypto from a speculative asset into a practical currency. Its primary advantage is the seamless user experience that requires no special knowledge for consumers to utilize crypto for purchases at standard merchants.

The tiered subscription model allows users to choose benefits matching their usage patterns, from basic functionality to premium perks. With support for 250+ tokens, competitive fee structures (especially on paid plans with no fair usage fees), and deep integration with Revolut's comprehensive financial ecosystem, it represents one of the most user-friendly crypto spending solutions available through a licensed institution.

However, the custodial nature creates counterparty risk, and the company's need to comply with evolving regulations (as evidenced by the US market crypto service discontinuation) represents an ongoing consideration for users. The card is ideal for customers who value convenience and integration over decentralization principles - particularly globally mobile individuals and those who appreciate having multiple financial services in one application.

Additional Information

Fee Minimization Strategies

• Stay within monthly exchange limits for your plan tier to avoid fair usage fees
• Use Premium/Metal/Ultra plans for unlimited fee-free exchanges with no fair usage fees
• Consider Premium or higher tiers to eliminate weekend FX markup (0% vs 1% Standard, 0.5% Plus)
• For tax purposes, keep records of all crypto transactions
• Be aware that crypto card payments count toward your monthly exchange allowance

Troubleshooting Tips

• If a card is declined, check if you've reached exchange frequency limits (up to 200 exchanges per 24 hours)
• Ensure adequate balance in your selected crypto account
• Verify if the transaction type is restricted for prepaid cards
• Consider temporarily switching to a fiat balance if encountering issues
• Monitor your monthly exchange allowance to avoid unexpected fair usage fees
• If an offline transaction creates a negative crypto balance, be aware that the automatic back-fill exchange is subject to normal trading and fair-usage fees

Historical Context

Revolut's crypto offering has evolved significantly since its initial crypto trading launch in 2017-2018, growing from supporting just 5 cryptocurrencies to over 250 tokens by 2025. The company has progressively integrated cryptocurrency deeper into its ecosystem, culminating in the Crypto Card that allows direct spending without pre-conversion.

Key milestones include the introduction of on-chain withdrawals and deposits (2021-2022), the launch of the dedicated Crypto Card functionality (late 2022), the discontinuation of US crypto services (October 2023), and the implementation of EU MiCA compliance through Revolut Digital Assets Europe Ltd's CASP license in Cyprus (2024-2025).