7 Bitcoin Debit Cards Compared and Reviewed (2017)

Last updated on December 9th, 2016 at 11:17 am

Even though the list of merchants that accept Bitcoin is continuously expanding, it’s still not possible to buy everything with Bitcoin. However, thanks to several companies in the Bitcoin ecosystem you can now order your own Bitcoin debit card. It’s as simple as it sounds – a debit card that is connected to your Bitcoin balance.

  • choose your card

  • Issuance cost
  • No verification option
  • Max deposit limit
  • ATM Withdrawal fee
  • International tx fee
  • Available worldwide?
  • Maintenance fee
  • Bitpay

  • bitpay
  • $9.95
  • $25,000
  • Depending on domestic/international$2-$3
  • 3%
  • US only
  • For each month following a 90 day period of inactivity until the card is used again.$5/month
  • Cryptopay

  • Cryptopay
  • $15
  • For unverified customers$2,500
  • Depending on domestic/international$2.5-$3.5
  • 3%
  • $1/month
  • Xapo

  • xapo
  • $20
  • The limit is not stated on their website or on the web$2,500
  • Depending on domestic/international$2.5-$3.5
  • 3%
  • Ships to most countries
  • $12/annualy
  • Wirex

  • wirex
  • $17
  • $2,500
  • Depending on domestic/international$2.5-$3.5
  • 3%
  • $1/month
  • Shift

  • shift
  • $10
  • Your card is connected to your Coinbase account and has the same limitsCoinbase limits
  • $2.5
  • 3%
  • US only
  • free
  • Coinsbank

  • coinsbank
  • $9.95-$99.95
  • $300
  • $3.95-$9.95
  • 3%
  • $0.95-$4.95

Pros of using a Bitcoin debit card

The pros are pretty obvious – you can now buy virtually anything with Bitcoin. Any place that accepts credit or debit cards would accept your Bitcoin debit card as well. The merchant gets paid in his own currency by the debit company and the charge will be deducted from your Bitcoin balance. This allows you to live purely on Bitcoin.

For example, when I travel abroad I always take my Bitcoin debit card as a backup card in case my money gets stolen. It’s like the traveller’s check of the digital age.

Cons of using a Bitcoin debit card

The major con of a Bitcoin debit card is centralization. In order to use the card you need to deposit money into your account at the debit card company – this means you’re giving control over your coins to a 3rd party. This risk is reduced by not depositing too many Bitcoins into your balance – basically deposit only an amount you can afford losing in case of a hack. Also since you are using the service of these companies it comes with a price – as you will see below you can’t ignore the fees that Bitcoin debit card companies charge.

At the moment there are 7 Bitcoin debit card companies available, here’s a short summary of each one and their pros and cons.

Bitpay Bitcoin debit card review

Pros: Well known company, card accepted worldwide

cons: Limited to US residents only, doesn’t have chip and pin, requires verification

Bitpay is a well known company in the BItcoin ecosystem which provides payment solutions for businesses and individuals. It allows you to get a prepaid Visa card that is loaded through your Bitpay account. The BitPay Prepaid Visa® Card is available to residents in all 50 US states. You must have a home address (no PO boxes), government-issued ID, and Social Security number to apply.

The card costs a flat fee of $9.95 and takes about 7 days to arrive in the mail. When traveling outside of the United States of America you will pay a fee of 3% to cover the cost of currency conversion. There is a $2.00 fee for ATM or cash-back withdrawals inside the US and a $3.00 fee for any ATM or cash-back withdrawals outside of the country. You can see a complete fee list here. There are no transaction fees for the Bitpay card.

Cryptopay Bitcoin debit card review

Pros: Available worldwide, supplies both physical and virtual cards

cons: Has maintenance and load fees

Cryptopay supplies a Bitcoin debit card that is available worldwide (unlike Bitpay). You can either order a physical card with a chip & pin, or a virtual debit card if you’re just into online shopping. Another great bonus of Cryptopay is that you do not have to supply full id verification if you don’t need high card limits.

The physical card costs $15 and is shipped for free worldwide. ATM withdrawal costs $2.5 and international currency change adds another 3% on each transaction. The things I don’t like about this card is that it has a monthly maintenance fee of $1 and a 1% commission for loading money. If you’re not verified you can load up to €2500 in your card but not more than that.

Xapo Bitcoin debit card review

Pros: Ships to most countries, established company reputation

cons: Redundant fees (IMO), no chip & pin

Xapo was one of the first companies to supply a Bitcoin debit card. Just like Bitpay it offer a “simple” credit card that does not have a chip & pin mechanism (edit: some users have gotten a chip & pin card, I personally did not). The cost of the card is $20 and it does have an annual fee of $12/year after the first year.

Xapo ships their card to a lot of countries around the world although not to all of them (a complete list can be found here). Also their card actually has a “change pin” fee which seems pretty odd IMO. You will be able to use the card without extensive verification but you will be limited to $2500.

Wirex Bitcoin debit card review

Pros: Chip & Pin card, virtual cards available, established company

cons: Redundant fees (IMO), relatively expensive card

Perviously known as E-coin, the company rebranded to Wirex in 2016. The company supplies a Chip & Pin visa debit card that can be loaded through your Wirex app (desktop or mobile). The fees are pretty similar to other cards – costing 3% for international transactions, $2.5 for ATM withdrawal and $17 to get your physical shipped to you. The company  also supplies a virtual card if you don’t need the actual plastic. Like Xapo, Wirex also charges service fees, only they charge them on a monthly and not an annual basis ($1/month).

Shift Bitcoin debit card review

Pros: Easily connects to your Coinbase account, relatively low fees

cons: Available only in 45 states around the US, Coinbase is limited to certain countries as well

Shift position themselves as “the first US Bitcoin debit card”.  The company supplies a debit card that is connected to your Coinbase account. However, even though it’s supposed to be the US debit card it’s available only in 45 out of 50 states at the moment.

The card costs a reasonable $10 to produce and has no ongoing fees. There is of course the standard 3% international transaction fee and $2.5 flat ATM withdrawal fee.

What card should you choose?

Most of these cards are more or less the same. They probably all use the same card supplier to run their business as well and the difference is only in their branding. Personally I’d advise to make sure the card you choose is available in your country and then use the one with the lowest fees. I’d definitely try to avoid the cards with the ongoing fees (i.e. Wirex, Xapo). For example, if you live in the US, using Shift is a reasonable option.

In addition to the cards reviewed in this post there are also ANXPRO and CoinsBank that supply Bitcoin debit card – you may want to take a look at them as well, they are listed in the table at the top of this page.

Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

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56 Comments on "7 Bitcoin Debit Cards Compared and Reviewed (2017)"

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Riceman
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Riceman

What is the downside of “full ID verification”?

Steven Hay
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Steven Hay
Hey Riceman, Identity theft is a major problem these days. This form of fraud costs the world billions every year. It’s a real hassle if your ID gets stolen. It enables criminals to access your existing accounts and open all kinds of new ones in your name. When you give an exchange your full ID, you’re trusting them to keep that data secure and secret. If the exchange gets hacked, turns evil, or sells the data (to telemarketers or fraudsters, for eg.) then you can be in for a world of trouble. Full ID verification also means the exchange can… Read more »
Diego Bautista
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Diego Bautista

EXTREMELY EXPENSIVE !!!.
Taking as reference the BTC price of Bittrex against the purchase price of Cryptopay. Doing the exercise of ATM cash withdrawal US $ 100.00 in BTC;

1. Change BTC to USD on Cryptopay: $ 5,641 to $ 5,387 = -4.5%
2. Move from account in BTC to USD: -1%
3. Make $ 100.00 at ATM: -1%
4. Cost of using international ATM: $ 3.5 in $ 100 = -3.5%
5. Cost of the commission for the operation in the ATM = -1%
TOTAL = 11%. It’s a theft

XAPO does not exceed 6% in total.

Clinton F.
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Clinton F.
I am in Australia and have a Crypyopayme card (crazy high fees if you are dealing in small amounts, but that is relative) and a Xapo card. Both these cards are going to be cancelled by the suppliers for Aussie customers. Xapo are struggling to find an alternative card issuer at the moment. Wirex is now apparently a disposible card?? Use $2500 and you have to throw it away and get a replacement card I was told by a friend in Panama. I have ordered a TenX card and they just had to change card issuers mid launch just recently.… Read more »
valeria
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valeria

wirex is a bigest scam , do not buy a card if you don’t want to lose your money. When problems arise, the staff will politely answer you buy another card, and then again anothe. The whole system is built on scamming. I have already submitted an application to the police and to protect the rights of consumers.

Mosako nomitomo
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Mosako nomitomo

Wirex is ok
maybe you download a fake wirex apps

Massa
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Massa

Wirex is a scam, they have stolen me $1500! Go away from him.

Mosako nomitomo
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Mosako nomitomo

Uses lap top to download wirex apps.
uses google protect and 2P factor verification on your lap top.
be carefully
Educated your self.
newbie always attack by professional Hacker.

Bitcoin Enthusiast
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Bitcoin Enthusiast

When I’m creating paypal accounts for selling Bitcoin and Ethereum for paypal which is very risky, I always create multiple accounts with crypto pay. Simple and plain, they are the easiest to set up. Setting up multiple accounts is necessary when doing my business as there are lot of scumbags out there that charge back, really a waste of their time as well as the vendor’s.

James
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James

Since i worked with bitcoin debit cad from last year.
I strongly recommend UQUID card if you are looking for low cost of bitcoin fee or no hidden fee
i hope they will support for CAD soon as many users are waiting them for CAD card

Rob
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Rob

So what is the current best Canadian debit card?

taka shokito
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taka shokito

i think the rank for bitcoin debit card on market now based on fee should be :
#1. uquid
#2. cryptopay
#3. wirexapp
#4. xapo

they are top 4 on market now as far as i can see from many forum and reviews.
i also quite surprise when i do not see uquid in listed here.

Ian
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Ian

I’m in Canada and none of them will give me a card

junglekid1
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junglekid1

Uquid is not offering a debit card any more

Zsofia Elek
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Zsofia Elek

Thanks for the feedback, we have not reviewed Uquid yet as they are a fairly new provider on the market, this is why it is not on the list.

Patrick Liam
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Patrick Liam

Hi Zsofia
i personal using uquid card and also refers to friends in our team using them from last year. we quite happy about this services. they not only support for bitcoin because they also support for many other coins and our mining team can direct cash out to cash with them more easy.

John
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John

those limits (like 2500) are per year ?per month ? i would like to have an anonymous card, bitplastic and raxcard seems to be the best, are any better option ?
thank you bro!

Zsofia Elek
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Zsofia Elek

The limit is set for the lifetime of the card. Unverified option is available at Cryptopay and Wirex as well.

Ian
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Ian

I tried Cryptopay and Uquid plus several others and still cannot find one that will accept Canadians. some used to but none of these do now any other suggestions?

Steven Hay
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Member
Steven Hay

Hi Ian,

I’ve seen SatoshiTango recommended by Canadian users. The only trouble is it’s USD-based. Xapo is also recommended but same problem, plus you probably tried them already.

Juan Peralta
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Juan Peralta

Actually, SatoshiTango is based in Argentina, but as almost all other cards, they are now serving only European Union customers, since its card issuer is WaveCrest.

For non-europeans, so far, I have found that WageCan and EPayments can be a good alternative.

Fernando
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Fernando

Hola Juan, sabes si epayments envia tarjetas?

LeCrypto
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LeCrypto

Hello, Zsofia! Thank you for all the useful information! By “lifetime of the card”, do you mean that if I put $2500 in the card and use these $2500, instead of recharging more $2500, I’ll have to throw it away and get another one?

Zsofia Elek
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Zsofia Elek

Yes, after the limit reached you are not able to recharge the card again.

John
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John

uquid seems to be ok either, anyboy has comments on anonymous cards ?

Mathew
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Mathew

Thank you Ofir Beigel for very nice post
but i think this articles out of date and it will be nice if you can update it
you can check other ratting :

Now many people vote for uquid card ) . they have best bitcoin price compare with all other service. they got quite a lot of positive reviews in the bitcoin community.

i got experiences with most of bitcoin debit card services and now i am only using uquid because i also can load with altcoins to my card.

Mohamed
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Mohamed

Hi Mathew
Can i ask u something if u don’t mind,i live in Iraq(middle east) and am looking for a bitcoin debit card that works in my country, but sadly every card i find (including Uquid) is not shippable to my country,my question is ,do u think they will block my card if i ship it to another country which is acceptable by them and then i resend it to me ?
thanks and best regards
P.S
we have ATM’s here in case u were wondering

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