The landscape of crypto payment products is evolving rapidly. With the recent launches of services like OKX Pay, Infini Card, and Solayer Emerald Card—alongside established options such as Bybit Card, Crypto.com Visa Card, and Coinbase Card—the discussion around spending cryptocurrency in everyday life is heating up.
These payment cards allow users to spend cryptocurrencies like Bitcoin and Ethereum directly at merchants worldwide, similar to using a traditional debit or credit card. They automatically convert crypto into local fiat currency at the point of sale, removing technical barriers for merchants and simplifying the user experience. Many also offer rewards, cashback, and integration with DeFi protocols.
Below, we break down some of the most popular crypto payment cards available today, focusing on their core features, rewards, and benefits.
OKX Pay
OKX recently launched OKX Pay, a non-custodial payment application built directly into the OKX app. After nearly a year of development, the initial release supports peer-to-peer payments, with a planned OKX Card (in partnership with Mastercard) coming soon.
A standout feature is the 5% yield currently available on stablecoins held within OKX Pay. The platform uses a split-key mechanism where half the private key is stored on the user’s device and the other half with OKX, offering a balance between self-custody and ease of use. It currently supports USDT and USDC, with plans to add more stablecoins.
The app also includes social features such as in-app messaging and the ability to send crypto as gifts.
👉 Explore leading crypto payment solutions
Bybit Card
The Bybit Card is a Mastercard debit card that allows users to spend cryptocurrency directly from their Bybit account. It is available in virtual and physical forms to users in the European Economic Area, Switzerland, Australia, Brazil, Argentina, and the AIFC.
Users can choose to pay with crypto or fiat. Supported cryptocurrencies include BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB. Cardholders earn 2%–10% cashback (in the form of points) based on their Bybit VIP level. Enabling “Auto-Invest” allows idle card balances to earn up to 8% APY.
A 1% foreign exchange fee and a 0.9% crypto conversion fee apply to transactions.
Crypto.com Visa Card
The Crypto.com Visa Card is a prepaid card that can be funded via bank transfer, credit card, or from a crypto wallet. While the basic Midnight Blue card requires no commitment, higher-tier cards (Ruby Steel, Jade Green, etc.) require locking CRO tokens for 365 days.
Cardholders earn between 1% and 5% back in CRO on all purchases. The card has no annual fee, but other charges may apply, including a 2% fee on ATM withdrawals over the free monthly limit and a 1% fee on debit card top-ups.
All rewards are paid in CRO and deposited directly into the user’s Crypto.com App wallet.
Infini Card
Infini Card offers both Visa and Mastercard prepaid debit options designed for low-cost, transparent spending using stablecoins. It has no annual or monthly fees, and account balances automatically earn yield.
The Infini Lite Card (Meow) is a low-fee virtual Mastercard for everyday spending on platforms like Uber, WeChat, and Alipay. The Infini Tech Card (Rabbit) is a Visa virtual card geared toward subscription services like X, ChatGPT, and OpenAI.
A 0.8% service fee is charged per transaction, and currency conversion may incur additional costs. A third card, the Infini Global Card (Woof), which supports Apple/Google Pay and offers a physical card option, is coming soon.
Morph Black and Platinum Cards
The Morph Black Card is positioned as a status symbol for high-net-worth users, offering high-yield DeFi strategies, unlimited withdrawals, and low conversion fees (as low as 0.3%). It also provides access to token airdrops and exclusive events. Membership is by invitation or whitelist and requires minting an NFT.
The Morph Platinum Card offers similar benefits aimed at a broader audience, also requiring an NFT to access.
Solayer Emerald Card
The Solayer Emerald Card is a Visa-compatible payment card that integrates real-world spending with on-chain rewards and decentralized finance. It supports Apple Pay, Google Pay, and the Visa network and allows users to spend USDC or sUSD—a stablecoin backed by government securities offering 4%–5% APY.
The card is non-custodial and built on Solayer’s hardware-accelerated Solana Virtual Machine (InfiniSVM). It is currently available to 40,000 early users via an invite-only waitlist.
SafePal Mastercard
Issued in partnership with Swiss Web3 bank Fiat24, the SafePal Mastercard allows users to spend USDC directly from their Arbitrum wallet. It can be linked to Alipay and WeChat for daily spending in China and supports subscriptions on platforms like Twitter and Telegram.
The card supports USD, RMB, EUR, and CHF accounts, allowing users to avoid a 1% foreign exchange fee when spending in the same currency. There are no issuance, annual, or monthly fees.
Coinbase Card
Available to most U.S. residents, the Coinbase Card is a Visa debit card that lets users spend a variety of cryptocurrencies. All spending is automatically converted to USD, with a 2.49% conversion fee (waived for USDC).
Cardholders can earn crypto rewards on spending, with rates rotating monthly. Past rewards included high yields on assets like Cosmos (ATOM) and Polkadot (DOT).
Upcoming: MetaMask Payment Card
MetaMask has partnered with Mastercard and Baanx to launch the MetaMask Metal Card, expected in Q2 2024. It will allow users to spend directly from their self-custodied MetaMask wallet without pre-funding or converting through an exchange. All transactions will be settled on the Linea network via smart contracts within seconds.
Frequently Asked Questions
What is a crypto payment card?
A crypto payment card works like a traditional debit card but allows you to spend cryptocurrency directly. At the time of purchase, the crypto is converted into local currency, enabling you to use digital assets at millions of merchants worldwide.
Are crypto cards safe to use?
Most crypto cards incorporate standard security features such as EMV chips, two-factor authentication, and fraud monitoring. Many also offer non-custodial or hybrid key management solutions for improved asset security.
Do crypto cards charge fees?
Many cards have no annual fee, but some may charge for currency conversion, ATM use, or card issuance. It’s important to review the fee structure of each card before applying.
Can I earn rewards with a crypto card?
Yes, many crypto cards offer cashback, rebates, or yield rewards paid in cryptocurrency. Reward tiers often depend on spending volume or the user’ membership level.
Which cryptocurrencies can I spend?
Most cards support major cryptocurrencies like Bitcoin and Ethereum, as well as popular stablecoins such as USDT and USDC. The exact selection varies by provider.
Who can apply for a crypto card?
Availability depends on the card issuer and region. Some cards are available globally, while others are restricted to certain countries. Always check eligibility requirements before applying.