Kraken / Krak; Monavate (UK and EEA), Lead Bank (US issuer), Stripe (US program manager) · MULTI
Available
A custodial multi-asset card with regional Mastercard and Visa programmes and up to 2% rewards.
Observed 2026-10-05
Krak's pricing page lists a 1% fee on US foreign-currency card purchases, on top of the Visa exchange rate. UK and EEA purchases use the Mastercard exchange rate without Krak FX markup. Crypto-funded purchases can still include a variable conversion spread, and third-party ATM fees may apply.
Krak ↗Observed 2026-10-05 · Effective 2026-10-15
Through October 14, US Krak cashback tiers are 0.5% from a $200 average balance, 1% from $1,000, 1.5% from $10,000, and 2% from $50,000. From October 15, the thresholds/rates become $1,000 for 1%, $10,000 for 1.5%, $75,000 for 1.75%, and $150,000 for 2%. The 30-day average is calculated across Krak, Kraken, and Kraken Pro; new cardholders receive the top tier for their first 30 days.
Krak Support ↗A plan with verified numerical rules has not yet been recorded for this profile.
Each source states what it documents and when it was checked. An older reference does not confirm every current cost.
Current UK/EEA supported assets, virtual and physical card formats, up-to-two-percent reward positioning, no monthly or annual charge, conversion-spread caveat, and Monavate Mastercard programme.
Checked 2026-10-05
Current card terms reviewed 8 October 2026: UK/EEA cards are issued by Monavate and linked to Kraken e-money wallets; the US card is issued by Lead Bank, managed by Stripe, and linked to an account at Payward Interactive. The page links separate regional cardholder terms.
Checked 2026-10-08
EEA terms effective 29 June 2026 and rechecked 8 October: Kraken's e-money wallet issues fiat e-money with equivalent funds safeguarded under applicable law; crypto-assets are held in custody on trust, segregated from Kraken's own assets, and are not covered by deposit-guarantee or investor-compensation schemes.
Checked 2026-10-08
Current UK/EEA spend-order guide reviewed 8 October 2026: users choose and reorder supported assets in the Krak app; the card spends in GBP for UK clients or EUR for Eurozone clients, converts assets at purchase, and credits refunds or reversals in the primary fiat currency rather than converting them back to crypto automatically.
Checked 2026-10-08
Last updated October 1, 2026: UK/EEA 30-day balance tiers, 30-day introductory Max tier, settlement timing, exclusions, no monthly cap, and GBP/EUR/BTC payouts.
Checked 2026-10-07
UK and EEA rollout, virtual and physical formats, Mastercard, supported assets, and regional programme positioning.
Checked 2026-10-05
August 2026 US Visa launch, physical and virtual formats, supported assets, US reward positioning, issuer, and no monthly or annual fee.
Checked 2026-10-05
US debit-card foreign-currency transactions use the Visa exchange rate plus a 1% fee; UK and EEA use Mastercard without Krak FX markup. Crypto-funded transactions may also include a variable conversion spread.
Checked 2026-10-07
Last updated September 30, 2026 and rechecked 8 October: US resident and verified account eligibility, SSN collection, Lead Bank/Stripe roles, four state exclusions, $200 balance condition for physical-card eligibility, and disclosure that the PWI-held balance is not a deposit and is not FDIC-insured.
Checked 2026-10-08
Current US balance tiers through October 14, 2026; 30-day average balance basis; 30-day introductory top tier; settlement timing; exclusions; no monthly cap; and USD/BTC payouts.
Checked 2026-10-07
US card cashback tiers change on October 15, 2026: 1% from $1,000, 1.5% from $10,000, 1.75% from $75,000, and 2% from $150,000 average balance. Current tiers remain in effect through October 14.
Checked 2026-10-07
