7 Bitcoin Debit Cards Compared and Reviewed (2018)

Last updated on January 8th, 2018 at 12:38 pm

Important update – On January 5, 2018 Visa suspended the activity of WaveCrest – the company providing most crypto credit cards out there. This means that Xape, Wirex, TenX, Bitwala and CryptoPay don’t work for now. Of course the companies are looking to find solutions and once they are found we will update this post (I’m personally looking for an alternative as well). If you know of any good alternatives feel free to leave them in the comment section below.


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.

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77 Comments on "7 Bitcoin Debit Cards Compared and Reviewed (2018)"

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Vitalik
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Vitalik

Do you know something SpectroCoin. Are they scam or not?

Steven Hay
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Steven Hay
Hey Vitalik, Spectrocoin are notable for the number of countries they cover. As for their service, I’ve seen mixed reviews. Some people seems to have no problems using their service. Those who do experience problems seem to go through a long, frustrating wait for the company’s support to respond and resolve their issue. I haven’t seen evidence which suggests that Spectrocoin is a scam per se. However, they may take action against your account if you break their rules, in which case it will be a long process to get your money out. I suggest that you read their terms… Read more »
Michael
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Michael

Thank you for sharing! I’d like additionally to recommend – epacash

I believe thats the only way for now :)

Good luck Crypto Lovers!

Dra
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Dra

This one does not accept BTC topping. How is that an alternative?

BTC_Dan
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BTC_Dan

MasterCard is running it now that VISA has stomped out all WaveCrest-issued cards… Hoping that BitWala et al will come up with a bulletproof alternative!

Mario
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Mario

Who is running the Mastercard crypto debit cards now?

BTC_Dan
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BTC_Dan

Spectrocoin/Bankera is ALMOST done with card replacements. They will ship to existing customers first, so make sure to sign up. TenX is promising a solution by the end of Q1 2018, so do a couple of other. **link removed**

Steven Hay
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Steven Hay

Hi Mario,

As far as I know, certain services work with Mastercard, such as Spectrocoin, AdvCash, Coinsbank, and Mistertango. I can’t vouch for these services so do your own due diligence on them.

Mehdi
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Mehdi

Visa suspended all cards related to btc :/

Guest
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Guest

*Visa suspended WaveCrest cards, not all cards. Be careful when you say things like that, you’ll panic the birds :P

Branko
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Branko

regarding Skrill account…there’s another way,that i’m using.Me and my wife have 2 accounts.After depositing bitcoins on mine,i send money to my wife’s account (direct skrill to skrill account) and vice versa…done!You can spend now money on both cards in shops or ATM.

Mario
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Mario
Being a big fan of crypto debit cards, I was using Wirex a lot, since Visa suspended all WaveCrest cards (Wirex, TenX, Bitwala, CryptoPay…) I returned to an alternative I was using before and still works for now. I thought of sharing it or maybe someone has a better alternative. Skrill propose MasterCard debit card that can be used with their accounts, you can send bitcoin directly to Skrill account, but you will only be able to pay to another Skrill account or online with this funds, no shop or ATM. To be able to spend in shops or withdraw… Read more »
Gugugu
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Gugugu

Your review is not accurate.

The wirex card has 0% percent foreign currency transaction fees.
At least for verified users.

In my opinion it is the most cheap, versatile and trustworthy card out there.

Further, you seem to kind of stress the fact that some cards don’t require verification.
It is just not true, all of them come in verified and unverified”versions”.

Unfortunately the unverified cards have lifetime load limits of around 1000 Dollar or Euro which makes them kind of useless IMO.
Cryptopay or any other is no exception here.

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 »