Kraken Card Review 2026
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Last updated: by the
Kraken Card (Krak Card) empowers UK and European users to spend from 400+ cryptocurrencies with intelligent asset management—set your spend order priority and automatically combine multiple balances if one asset doesn't cover a purchase. Earn 1% cashback in Bitcoin or your local currency on every transaction, with zero monthly or annual fees and seamless integration with your Kraken exchange account. Launched ahead of Kraken's planned IPO, this Mastercard debit card converts crypto to fiat instantly at checkout, perfect for active traders who want direct access to their diverse portfolio for everyday spending across millions of merchants.
This is a Mastercard crypto card. It offers cashback rewards. Available in Europe. Available in the UK.
| Issuance Fee | Free |
|---|---|
| Annual Fee | Free |
| FX Fee | 0% transaction fees, 0% FX fees, 0% annual fee. Spread on crypto conversion at checkout. |
| ATM Limit | Available at Mastercard ATMs |
| Spending Limit | Based on account verification |
The Kraken Card allows you to top up and spend using 3 supported digital assets. Your crypto is automatically converted to local fiat at the point of sale.
The Kraken Card is best suited for everyday crypto holders looking for a simple, convenient way to spend digital assets without managing wallets manually.
With 1% cashback in BTC or fiat (promotional rate until March 31, 2026; tiered by balance after). Rebranded as Krak Card. cashback on eligible purchases, the Kraken Card rewards active spenders who use the card as their daily driver.
The card is currently available in UK and EU only — ideal for residents and frequent travellers in those areas.
Compare the Kraken Card side-by-side with alternatives using the full card listing or explore our Mastercard crypto cards category.
Getting started with the Kraken Card is straightforward. Follow the four steps below to apply, verify your identity, and start spending your crypto.
Visit the official Kraken 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.
Submit a government-issued photo ID (passport or national ID card) along with a live selfie for identity verification. Kraken processes applications in line with AML and KYC regulations.
Once verified, top up your card balance using 400+ crypto assets from Kraken account including BTC, ETH, SOL, stablecoins via the platform's funding interface. Your crypto is automatically converted to the local fiat currency at the prevailing rate when you spend.
Your virtual Kraken Card is available immediately in the Kraken app. Use it for online purchases, or add it to Apple Pay or Google Pay for in-store contactless payments.
Available in UK and EU only
The Kraken Card is currently available in UK and EU only. Regional restrictions may apply — visit the official issuer website to confirm availability in your country before applying.
