Issuer referenceCrypto cardVisa

Lava Card

Name: Lava Card
Brand: Lava

A secured Visa credit card backed by your bitcoin - spend dollars, keep the BTC, earn BTC back.

Lava is a bitcoin-focused financial interface whose Visa card can spend from a unified dollar balance alongside bitcoin-backed borrowing. Its current site advertises rates starting at 5% and up to 5% back in bitcoin. Borrowing can avoid selling collateral, but liquidation risk and tax treatment remain jurisdiction- and fact-specific.

Go to official site View all cardsReviewed 2026-08

Rewards

1-5% BTC

Fees

No annual fee

Custody

Self-custody

Eligibility

US-first (3% BTC rewards); international users earn 1%. Bitcoin-backed borrowing available in most jurisdictions.

Fees

Monthly feeNo annual fee

IssuanceFree

FXNo foreign transaction fee; no markup on the official Visa rate

ATMCredit card - designed for purchases, not cash withdrawals

Top-upsSecured by bitcoin collateral held in self-custodial vaults; borrow rates from ~5% + a yearly capital charge

Rewards

3% back in bitcoin for US users (1% international) on all purchases, and 5% at Bitcoin-aligned merchants in Lava's network.

Availability

US-first (3% BTC rewards); international users earn 1%. Bitcoin-backed borrowing available in most jurisdictions.

United StatesGlobal

Official sources

Lava platformCurrent bitcoin-backed borrowing, unified dollar balance, Visa card, rewards, and self-custody claims.Lava terms of serviceCurrent Lava Global Inc. identity and interface-provider boundary from the decentralized protocol.

Pros & cons

Pros

Spend from dollars without directly selling BTC collateral
3% bitcoin rewards in the US, 5% at aligned merchants
No annual fee, no FX fee
Self-custodial collateral model, top-tier investors

Cons

Borrowing against BTC carries liquidation risk
Interest from ~5% plus a yearly capital charge
Full rewards are US-only (1% elsewhere)
Young product relative to incumbents

Best for

Bitcoin maximalists
US holders avoiding taxable sales
Long-term HODLers needing liquidity

Alternatives

Coinbase One Card

Check official terms

Nexo Card

Check official terms

Ether.fi Cash

Check official terms

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

Pros & cons

Pros

Spend from dollars without directly selling BTC collateral
3% bitcoin rewards in the US, 5% at aligned merchants
No annual fee, no FX fee
Self-custodial collateral model, top-tier investors

Cons

Borrowing against BTC carries liquidation risk
Interest from ~5% plus a yearly capital charge
Full rewards are US-only (1% elsewhere)
Young product relative to incumbents