Issuer referenceCrypto cardVisa / Mastercard

Kraken Card

A custodial multi-asset card with regional Mastercard and Visa programmes and up to 2% rewards.

Kraken CardVisa / Mastercard

Kraken Card spends supported fiat, crypto, and stablecoin balances from a verified Kraken or Krak account. The current UK and EEA programme is a Monavate-issued Mastercard, while the US programme launched on Visa in August 2026. Kraken advertises no monthly, foreign-transaction, or ATM fee, but conversion spreads and third-party ATM charges can apply, and reward rules differ by jurisdiction and balance tier.

Go to official site View all cardsReviewed 2026-08

Rewards

0-2% % in BTC, EUR, GBP, or programme-specific rewards

Fees

$0 monthly or annual Kraken Card fee

Custody

Custodial

Eligibility

Eligible verified Kraken or Krak users in the United Kingdom, supported EEA countries, and the United States. The UK and EEA programme uses Mastercard through Monavate; the US programme launched in August 2026 on Visa. Product, issuer, rewards, and physical-card ordering vary by jurisdiction.

Fees

Monthly fee$0 monthly or annual Kraken Card fee

IssuanceVirtual card available after approval; check the live account for jurisdiction-specific physical-card delivery terms

FXNo separate Kraken foreign-transaction fee advertised, but asset conversion uses a variable spread disclosed at authorization

ATMNo Kraken ATM fee advertised; third-party ATM-operator fees can apply

Top-upsChoose among supported fiat, crypto, and stablecoin balances in the custodial account; Kraken converts the selected asset when needed

Rewards

UK and EEA tiers range from 0% to 2% based on the 30-day average balance, with a temporary maximum-tier introduction for new cardholders. US programme terms are separate and advertise up to 2% in USD or BTC.

Availability

EuropeUnited States

Official sources

Kraken CardCurrent supported assets, virtual format, maximum reward, advertised fees, variable spread, third-party ATM boundary, and Mastercard programme positioning.Kraken Card termsCurrent UK and EEA Monavate issuer, Mastercard programme, eligibility, cardholder, custody, conversion, and jurisdiction-specific terms.Kraken Card cashback overviewCurrent zero-to-two-percent balance tiers, BTC, EUR, and GBP reward choices, introductory maximum tier, and no-cap disclosure.Kraken Card UK and EEA launchCurrent UK and EEA rollout, physical and virtual formats, Mastercard, 600-plus assets, and no-fee positioning.Krak Card US launchAugust 2026 US Visa launch, physical and virtual formats, 600-plus assets, up-to-two-percent USD or BTC rewards, and no monthly or annual fee.

Pros & cons

Pros

Spend hundreds of supported assets
Virtual and physical formats by programme
No monthly or annual card fee
No separate Kraken FX or ATM fee advertised
Up to 2% rewards

Cons

Custodial account and KYC required
Not available across Latin America
Variable asset-conversion spread
Third-party ATM fees can apply
Network, issuer, and reward terms differ by region

Best for

Verified Kraken users in the UK, EEA, or US
People spending across fiat and crypto balances
Users who can maintain the balance tier needed for rewards

Alternatives

Coinbase One Card

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Crypto.com Visa

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Nexo Card

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Wirex

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This is not financial advice. Conditions change frequently: verify fees, rewards, custody and eligibility on the official site before applying.

Fees

Monthly fee$0 monthly or annual Kraken Card fee

IssuanceVirtual card available after approval; check the live account for jurisdiction-specific physical-card delivery terms

FXNo separate Kraken foreign-transaction fee advertised, but asset conversion uses a variable spread disclosed at authorization

ATMNo Kraken ATM fee advertised; third-party ATM-operator fees can apply

Top-upsChoose among supported fiat, crypto, and stablecoin balances in the custodial account; Kraken converts the selected asset when needed

Availability

EuropeUnited States

Pros & cons

Pros

Spend hundreds of supported assets
Virtual and physical formats by programme
No monthly or annual card fee
No separate Kraken FX or ATM fee advertised
Up to 2% rewards

Cons

Custodial account and KYC required
Not available across Latin America
Variable asset-conversion spread
Third-party ATM fees can apply
Network, issuer, and reward terms differ by region