Description
Nexo Card
The Nexo Card is the first-ever dual-mode crypto card, offering both Credit Mode and Debit Mode in a single card. Whether you want to borrow against your crypto without selling or spend your digital assets directly, the Nexo Card adapts to your needs with a simple tap.
Key Features
Dual-Mode Spending
- Credit Mode — Access liquidity backed by your crypto assets. No need to sell your holdings — use them as collateral while retaining upside potential. Borrowing rates from 1.9% p.a. for Platinum tier clients.
- Debit Mode — Spend stablecoins, cryptocurrencies, and fiat-backed assets (EURx, USDx, GBPx) directly from your Savings Wallet. Your balance continues earning interest until the moment of purchase.
Rewards & Earnings
- Up to 2% crypto cashback on Credit Mode purchases (paid in NEXO Tokens or BTC)
- Up to 13% interest p.a. on unspent balances in Debit Mode, paid daily
- Tiered loyalty program (Base, Silver, Gold, Platinum) based on portfolio balance and NEXO Token holdings
Global Spending
- Accepted at 100M+ merchants worldwide via Mastercard
- Support for Apple Pay and Google Pay
- Free ATM withdrawals up to €2,000 / £1,800 per month (Platinum tier)
Fees
- No monthly, annual, or inactivity fees
- No minimum monthly repayments in Credit Mode
- Virtual card activation: free
- Physical card shipping: free (requires $5,000+ balance and Gold tier)
Security
- Industry-grade custody with SOC 2 Type 2 certification
- Instant card freeze/unfreeze from the Nexo app
- Custom spending controls and biometric locks
- ISO 27001, 27017, 27018 certified
The Nexo Card is issued by DiPocket UAB and is available to eligible residents of the EEA and UK.
Highlights
Pros
- Up to 2% crypto cashback in NEXO or 0.5% in BTC is earned on every credit-mode purchase for Platinum Loyalty tier holders.
- Virtual card activates instantly with no delivery wait and has no monthly, annual, or inactivity fees.
- Dual Credit and Debit modes let users switch between spending crypto directly and borrowing against it with a single in-app tap.
- Accepted at over 100 million merchants globally via Mastercard, with support for Apple Pay and Google Pay.
- Over 100 cryptocurrencies including BTC, ETH, and stablecoins can be used directly for spending or as collateral for credit.
- Unspent balances in Debit Mode earn up to 13% annual interest with daily payouts while remaining available to spend.
Cons
- Cashback rewards apply exclusively to Credit Mode purchases and are not available when spending in Debit Mode.
- Debit Mode incurs crypto-to-fiat conversion spreads and foreign exchange markups, reducing the effective spend on non-base-currency transactions.
- Maximum cashback and best interest rates are gated behind holding over 10% of the portfolio in NEXO tokens (Platinum tier).
- Geographically restricted — only available to residents of the EEA, UK, Switzerland, and Andorra.
- Physical card requires a minimum $5,000 portfolio balance and Gold Loyalty tier or above to qualify.