Card Overview
Krak Card is Kraken's standalone fintech app offering a Mastercard debit card with up to 4% cashback on travel and 1% on everything else. Pay with 400+ crypto and fiat currencies at 0% FX markup. Access DeFi Vaults earning up to 10% APY and receive your salary directly into your Krak account. Available in the UK and across the EEA.
This is a Mastercard crypto card. It offers cashback rewards. Available in Europe. Available in the UK.
Fees & Limits
| Issuance Fee | Free |
|---|---|
| Annual Fee | Free |
| FX Fee | 0% (Mastercard rate, no Krak markup; spread on crypto conversion) |
| ATM Limit | EUR 900/day (no Krak fee; third-party fees may apply) |
| Spending Limit | EUR 12,000/day |
Core Features
- Card Type: Virtual + Physical
- Top up with: Crypto + fiat from Krak Everyday account; debit/credit card, ACH, PayPal, Apple Pay, Google Pay (400+ cryptos)
- Available Countries: United Kingdom, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Supported Cryptocurrencies
The Krak Card allows you to top up and spend using various cryptocurrencies. Your crypto is automatically converted to local fiat at the point of sale.
Supported assets: Crypto + fiat from Krak Everyday account; debit/credit card, ACH, PayPal, Apple Pay, Google Pay (400+ cryptos)
Who Is the Krak Card Best For?
The Krak Card is best suited for everyday crypto holders looking for a simple, convenient way to spend digital assets without managing wallets manually.
With Up to 1% in fiat or BTC; up to 4% on travel purchases cashback on eligible purchases, the Krak Card rewards active spenders who use the card as their daily driver.
The card is currently available in UK, EU/EEA — ideal for residents and frequent travellers in those areas.
Best for
- Frequent spenders who want to earn Up to 1% in fiat or BTC; up to 4% on travel purchases cashback
- Users who want a simple, app-managed crypto card experience
- European users within EEA countries
- Cost-conscious users — zero issuance and annual fees
Avoid if
- You require full non-custodial control of your funds at all times
- You're a US resident — this card does not support US users
- You need traditional bank integration (IBAN, SEPA, direct debits)
- You want a card backed by government deposit insurance (FDIC / FSCS)
Compare the Krak Card side-by-side with alternatives using the full card listing or explore our Mastercard crypto cards category.
Key Strengths & Considerations
Strengths
- 0% FX markup; up to 4% travel cashback; 400+ cryptos; DeFi Vaults with yields; salary deposits supported
- No card issuance fee
- No annual maintenance fee
- Accepted at millions of Mastercard merchants worldwide
- Wide coverage across the European Economic Area
- Virtual card available instantly — no shipping required
Considerations
- UK/EU only; crypto conversion has spread markup; new product (launched late 2025)
- Custodial product — funds held by the issuer
- Limited to certain regions — not globally available
- KYC identity verification required to activate
How to Get the Krak Card
Getting started with the Krak Card is straightforward. Follow the four steps below to apply, verify your identity, and start spending your crypto.
Create a Krak account
~5 minutesVisit the official Krak website or download their mobile app. Register with your email address, set a strong password, and accept the terms of service. Sign-up is free.
Complete KYC verification
1–3 business daysSubmit a government-issued photo ID (passport or national ID card) along with a live selfie for identity verification. Krak processes applications in line with AML and KYC regulations.
Fund your card
Usually instantOnce verified, top up your card balance using Crypto + fiat from Krak Everyday account; debit/credit card, ACH, PayPal, Apple Pay, Google Pay (400+ cryptos) via the platform's funding interface. Your crypto is automatically converted to the local fiat currency at the prevailing rate when you spend.
Start spending immediately
InstantYour virtual Krak Card is available immediately in the Krak app. Use it for online purchases, or add it to Apple Pay or Google Pay for in-store contactless payments.
Requirements
Regional Availability
Available Across the EEA
The Krak Card is available throughout the European Economic Area — covering all 27 EU member states plus Iceland, Liechtenstein, and Norway. UK residents should verify post-Brexit availability directly with the issuer.
Key supported countries:
Frequently Asked Questions
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