Review

Crypto card

Nexo Card review: fees, Credit Mode and who it suits

Nexo Card review: dual-mode crypto Mastercard for Europe and Argentina, 0.2% FX on weekdays in the EEA, free ATM cash from EUR 200 a month (26 Sep 2026).

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Best for

  • Existing Nexo users who keep more than USD 5,000 on the platform
  • Europeans who pay by card mostly on weekdays in the EEA, UK or Switzerland (0.2% FX, as of 26 Sep 2026)
  • Crypto holders who want to spend against collateral in Credit Mode, with rates advertised from 1.9% a year (as of 26 Sep 2026)

Choose something else if

  • You want self-custody — Nexo holds the assets; Tria is a self-custodial alternative
  • You need a physical card with a small balance — in Europe it requires more than USD 5,000 and Gold tier (as of 26 Sep 2026)
  • You live outside the countries where Nexo issues the card: selected European countries and Argentina (as of 26 Sep 2026)

Key numbers

Monthly and annual fee
None stated
Europe, as of 26 Sep 2026
FX fee
Weekdays 0.2% in EEA/UK/CH, 2% elsewhere; weekends 0.7% / 2.5%
Europe, as of 26 Sep 2026
ATM withdrawals
Free up to about EUR 200 (Base) to EUR 2,000 (Platinum) a month, then 2%, min. about EUR/GBP 1.99
Europe, as of 26 Sep 2026
Card requirements
Virtual: balance of at least USD 50; physical: above USD 5,000 and Gold tier
Europe, as of 26 Sep 2026
Credit Mode
Rates advertised from 1.9% a year; rewards up to 2% in NEXO or 0.5% in BTC
Europe, as of 26 Sep 2026
Availability
Selected European countries and Argentina, where the card launched in July 2026
as of 26 Sep 2026

Verdict

Nexo Card is a custodial Mastercard from the Nexo crypto platform with two modes. Debit Mode spends your stablecoin, crypto or FiatX balance; Credit Mode lets you spend against your crypto as collateral and adds borrowing costs. The card is available in selected European countries and Argentina, where it launched in July 2026 (as of 26 Sep 2026). It suits existing Nexo users who already keep assets on the platform.

European terms (as of 26 Sep 2026): no monthly or annual fee is stated. The FX fee on weekdays is 0.2% in the EEA, UK and Switzerland and 2% elsewhere; on weekends it is 0.7% and 2.5%. ATM withdrawals are free up to a monthly allowance set by loyalty tier, from about EUR 200 (Base) to EUR 2,000 (Platinum), then cost 2% with a minimum of about EUR/GBP 1.99. Credit Mode rates are advertised from 1.9% a year, and Credit Mode rewards reach 2% in NEXO or 0.5% in BTC with a balance above USD 5,000.

The entry bar is the main limitation: in Europe the virtual card needs at least USD 50 on the account, and the physical card needs more than USD 5,000 plus Gold loyalty tier (as of 26 Sep 2026). Argentina has its own ARS/USD terms and promotions, so the figures above apply to Europe only.

Card and payments

Type
Virtual + physical
Custody
Custodial
KYC
Required
Apple Pay
Yes
Google Pay
Yes

What it costs you

Prices for Nexo Card depend on where your account is registered. Enter your trip to see the total in fees.

Enter foreign-currency amounts at their value in EUR.

Assumes a euro card used in another currency outside Europe, so payments and cash are converted.

Nexo Card Base has only a virtual card on this plan, so it cannot withdraw cash and is left out of the comparison.

  1. 1
    Nexo Card BaseEEA (euro account) · Review

    Trip total: 21.50 EUR

    Per month: 21.50 EUR

    Exchange
    21.50 EUR
    ATM
    0.00 EUR
    Plan
    0.00 EUR
    Card
    0.00 EUR

    virtual card only on this plan: no ATM cash; total covers card payments

    Fees as of 26 Sep 2026 · source

Open the full travel card cost calculator

Key fees by region

  • EEA (euro account) · Nexo Card Base

    Weekdays 0.2% in the EEA, UK and Switzerland or 2% elsewhere; weekends 0.7% or 2.5%. Base is a virtual card only, so no ATM cash: a physical card needs Gold tier and a balance above USD 5,000 (European terms).

    Fees as of 26 Sep 2026 · source

How it works

  • Credit Mode and Debit Mode
  • Virtual and physical cards
  • Apple Pay and Google Pay activation flow

Pros

  • Separate Credit and Debit modes with materially different risks
  • Free monthly ATM allowance in Europe by loyalty tier: about EUR 200 on Base up to EUR 2,000 on Platinum (as of 26 Sep 2026)

Cons

  • Eligibility and terms are region-dependent
  • Physical card needs a balance above USD 5,000 and Gold tier (European terms)

Alternatives

Tria

Crypto card

Self-custodial Visa crypto card with tiered issue and annual fees.

  • Self-custody-focused crypto spenders
  • Crypto holders who want cashback on everyday card spending
Last checked:
ReviewCheck terms

Gnosis Pay

Crypto card

Legacy Gnosis Pay card ends on 20 December 2026; withdrawals stay available after closure.

  • Existing holders planning the end of their legacy card
  • Download transaction history before closure and keep refund confirmations; individual dispute time limits still apply.
Last checked:
ReviewCheck terms

RedotPay

Crypto card

Stablecoin-based card with clear issue fees and strict country exclusions.

  • Users in supported countries who want stablecoin-funded spending
  • Travelers who want to start with a virtual card and add a physical one later
Last checked:
ReviewCheck terms

Head-to-head comparisons

Nexo Card vs RedotPayNexo Card vs Bybit Card

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FAQ

Where is Nexo Card available?

In selected European countries and Argentina, where the card launched in July 2026 (as of 26 Sep 2026). Eligibility, limits, currencies and promotions differ by market, and Argentina has its own ARS/USD terms.

What is the difference between Nexo Card Credit Mode and Debit Mode?

Debit Mode spends stablecoins, crypto or FiatX assets directly from your Nexo balance. Credit Mode spends against your crypto as collateral: it carries borrowing costs, advertised from 1.9% a year (as of 26 Sep 2026), and the risk of liquidation of the collateral.

Does Nexo Card charge ATM fees?

In Europe, withdrawals are free up to a monthly allowance set by loyalty tier, from about EUR 200 on Base to EUR 2,000 on Platinum. Above it, the fee is 2% with a minimum of about EUR/GBP 1.99 (as of 26 Sep 2026).

How do I get a physical Nexo Card?

Under the European terms, the physical card needs a balance above USD 5,000 and Gold loyalty tier; the virtual card needs at least USD 50 on the account (as of 26 Sep 2026). These are balance requirements, not issue fees.

Sources

  1. Nexo European/global card conditions — nexo.com
  2. Nexo Argentina launch, July 2026 — nexo.com
  3. Pomelo: Argentina card issuer infrastructure — pomelo.la

Crypto card balances are not bank deposits, and fees and availability change, so check current terms before you load funds. How we compare