COCA Card Review 2026
Last reviewed · against issuer documentation
How this rating is calculated · Algorithmic score, not user reviews
Independently reviewed by Mihail B. · how we verify
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Card Overview
COCA is a prepaid Mastercard issued by Wirex, topped up from a non-custodial MPC wallet with no seed phrase. Note the split: the wallet is yours, the loaded card balance is held by Wirex. The wallet is no-KYC, but ordering the card is not: full identity verification is required. The catch sits in the headline. That "up to 8% cashback" means staking (locking) 30,000 COCA to reach Elite, roughly $47,000 of a volatile token, and even then 8% only covers your first $10,000 of monthly spend before it drops to 1%. Tiers run from Starter (1%, unlimited) through 300, 1,000, 3,000, 10,000 and 30,000 staked COCA. Every enhanced rate caps monthly, then drops to 1%, the realistic default. Terms also shift: since April 1, 2026, only Premium+ and Elite earn full rate on Curve, everyone below gets a flat 1% there. On fees: 0% FX on international spend, virtual card free, no monthly or annual fee, up to $200/month in fee-free ATM withdrawals. The physical card is $5 on Standard, Standard+ and Premium, free on Premium+ and Elite. On-balance yield exists but is capped: up to about 5% APY on USD to your tier limit, then roughly 2%, nothing on EUR, and it needs app v3.0.0+. Available in 80+ countries across Europe, APAC, LATAM, MENA and Africa. US residents are out. Best fit: non-US holders who want the MPC wallet and are willing to lock a meaningful amount of COCA and accept token-price risk to beat the 1% default. Wrong card if you want the advertised 8% without staking, or you live in the US.
COCA Card delivers industry-leading rewards with up to 8% cashback and 50% rebates on Netflix, Spotify, Amazon Prime, and ChatGPT subscriptions, all with zero annual fees. Earn 6% APY on your card balance while spending stablecoins at 50+ million merchants across 48 countries. Powered by MPC security across 14 blockchains, COCA bridges DeFi yields with everyday spending for the ultimate stablecoin spending experience.
This is a Mastercard crypto card. It offers cashback rewards. Available in Europe. Available in the UK.
Fees & Limits
| Issuance Fee | Virtual Free; Physical €20 (free for Premium/Elite) |
|---|---|
| Annual Fee | Free |
| FX Fee | 0% FX fees; ~0.5% spread on conversion |
| ATM Limit | $250/month free, then 2% |
| Spending Limit | €30000/day all tiers |
These figures can change. Confirm the current fees, FX and network in COCA’s official terms before you apply.
Features
- Welcome Bonus: Up to ~USD 2,900 airdrop + points
- Card Type: Virtual + Physical
- Top up with: USDT, USDC, EURC, EURS across 14 blockchains (stablecoins only)
- Available Countries: Andorra, Argentina, Austria, Belgium, Brazil, Bulgaria, Chile, Colombia, Croatia, Cyprus, Czechia, Denmark, Ecuador, Estonia, Finland, France, Germany, Gibraltar, Greece, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, Montenegro, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, United Kingdom, Vietnam
Banking & Fiat Rails
IBAN: Yes (personal IBAN with SEPA); SEPA: Yes; SWIFT: Not disclosed
Who issues the COCA Card
The COCA Card is issued by Wirex Limited, UK (FCA FRN 902025) — Mastercard Principal Member direct (since July 2020). The issuer is named verbatim in the card documentation. "a prepaid Mastercard issued by Wirex Limited (in the UK), a principal member of Mastercard or UAB Wirex (in the EEA)"
Primary source · All cards issued by Wirex Limited · Why the issuer matters
Supported Cryptocurrencies
You can load the COCA Card with crypto; the 2 assets we track for it are listed below. When you pay, the card converts crypto to local fiat automatically.
Networks & deposit details: Bitcoin, Ethereum, Arbitrum, Avalanche, Polygon, Solana, TRON, NEAR, Aurora, Litecoin, Fantom, BCH (USDT/USDC + bridged)
Who Is the COCA Card Best For?
The COCA Card is a good fit for holders who want their balance to keep earning while it sits on the card.
The COCA Card pays up to 8% cashback on eligible purchases, so it works well as a daily spending card.
The card is currently available in 48 countries: Europe, Asia-Pacific, Latin America; NOT US/Canada, so it works for residents and travellers in those areas.
Best for
- Frequent spenders who want to earn up to 8% cashback
- People who want a straightforward, app-managed crypto card
- European users within EEA countries
Avoid if
- You need full non-custodial control of your funds
- You're a US resident (this card doesn't support US users)
- You want a card backed by government deposit insurance (FDIC / FSCS)
Compare the COCA Card side-by-side with alternatives using the full card listing or explore our Mastercard crypto cards category.
Pros & Cons
Pros
- Up to 8% cashback with 50% Netflix/Spotify/Prime rebates; 6% APY on balance; zero FX fees
- No annual maintenance fee
- Works wherever Mastercard is accepted worldwide
- Covers the European Economic Area (EEA)
- Virtual card ready right away, no shipping wait
- Welcome bonus: Up to ~USD 2,900 airdrop + points
Cons
- Stablecoins only; MPC custody creates vendor lock-in; not available in US/Canada/most of Asia; requires manual conversion
- Card issuance fee: Virtual Free; Physical €20 (free for Premium/Elite)
- Custodial: the issuer holds your funds
- Only available in certain regions
- Full KYC required, no anonymous tier
How to Get the COCA Card
Here is what the sign-up process looks like, from application to first purchase.
Create a COCA account
A few minutesGo to the COCA website or download the app. Sign up with your email, pick a password, and accept the terms.
Complete identity verification
Varies by issuerCOCA runs standard KYC: a government-issued photo ID and usually a selfie. Processing time varies by issuer and load.
Fund your card
Usually instantLoad your card with USDT, USDC, EURC, EURS across 14 blockchains (stablecoins only) through the funding screen. When you make a purchase, your crypto converts to local fiat at the current rate.
Start spending immediately
InstantYour virtual COCA Card shows up in the COCA app right away. Use it online or add it to Apple Pay / Google Pay for tap-to-pay in stores.
Requirements
Regional Availability
Available Across the EEA
The COCA Card covers the EU member states plus Iceland, Liechtenstein, and Norway. If you're in the UK, check with the issuer about post-Brexit availability.
Key supported countries:
Common questions about the COCA Card
What are the fees for the COCA Card?
How does the COCA Card cashback work?
Where is the COCA Card available?
What cryptocurrencies does the COCA Card support?
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