Nexo Card Review 2026

Name: Nexo Card
Brand: Mastercard
Availability: InStock

Reviewed by Mihail B. in October 2026 · Data verified October 27, 2026 · how we verify

3.9 / 5.0Sweepbase rating

Algorithmic score, not user reviews: how it is calculated

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CustodyCustodial

NetworkMastercard

CashbackUp to 2%

RegionsEurope

Fees and limits

Issuance fee	Free; the virtual card needs at least $50 in the Nexo account to activate, which stays spendable
Annual fee	Free
FX fee	2% on weekdays when the merchant charges in a currency outside the EEA/UK/Swiss group… The fine print … (2.5% at weekends, Friday evening to Sunday evening UTC) 0.2% on EEA, UK and Swiss currencies other than your card currency (0.7% at weekends) No FX fee when the merchant charges in your card currency (EUR or GBP, USD in Argentina, where peso spending is also fee-free) No free FX allowance in Europe: the fee page says all FX transactions are subject to fees
ATM limit	€200-€2,000 a month free by tier (£180-£1,800; US$150-US$2,000 on USD cards), then 2% with a €1.99 minimum; €600 per withdrawal, €2,000 a day, €10,000 a month
Spending limit	Default €70,000 per purchase and per day, €300,000 a month for cards issued after 11 September 2026… The fine print … (€30,000 / €100,000 on older cards), within your available credit line or balance

Fees change; the current ones are in Nexo’s terms.

Features

Cashback: Up to 2%
The fine print
- 0.5-2% in NEXO Tokens or 0.1-0.5% in BTC by Loyalty Tier (Base 0.5%/0.1%, Silver 0.7%/0.2%, Gold 1%/0.3%, Platinum 2%/0.5%)
- Paid on purchases in Credit Mode when the account holds more than $5,000 in digital assets
- Argentina runs a separate programme that pays in both modes: at Platinum up to 2% in Credit Mode and 1% in Debit Mode in NEXO, or 0.67% / 0.33% in BTC, up to US$100 a month
- New Argentine cardholders also get a one-time 10% on the first purchase up to $5 and US$50 in NEXO in each of the first three months for US$500+ spent across 10+ purchases
Network: Mastercard Credit/Debit
KYC: Yes
Card type: Virtual + Physical
Top up with: 100+ digital assets from Nexo account including BTC, ETH, stablecoins
Available countries: Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece…
Full list
… Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Argentina

Who issues the Nexo Card

The Nexo Card is issued by DiPocket UAB, Lithuania (EMI No. 75). The issuer is named in the source linked below.

Primary source · All cards issued by DiPocket UAB · Why the issuer matters

Supported cryptocurrencies

You can load the Nexo Card with crypto; the 2 assets we track for it are listed below.

Networks & deposit details: 20+ networks via Nexo Multichain Bridge: Ethereum, Arbitrum, Avalanche, Base, Polygon, Solana, Tron, BTC, etc.

BTCBitcoinETHEthereum

Pros and cons

Pros

Dual Credit/Debit modes; up to 2% cashback; borrow against crypto without selling; ~13% APY on deposits; physical card orderable again, first one free
No card issuance fee
No annual maintenance fee
Banking rails: IBAN / SEPA support
Multi-chain top-up across 8+ networks

Cons

✗
Europe plus Argentina only
The fine print
- UK users lost cashback in Oct 2023
- Monthly cashback caps as low as $50 at Base tier ($200 max at Platinum)
- Credit Mode only for rewards
- $5,000 minimum portfolio to qualify for cashback and for the physical card
- No free FX allowance, 0.2% in EEA/UK/CH rising to 0.7% at weekends

Regional availability

Available across the EEA

EEA, Andorra, Monaco and the United Kingdom, plus Argentina since 8 July 2026 and other selected jurisdictions Nexo does not name. Nexo publishes no country count: its support article names those groups, while nexo.com/nexo-card says selected European countries, including the EEA and the United Kingdom.

Key supported countries:

AndorraAustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinland

Card overview

Nexo's Mastercard is live, but plastic is gated: the virtual card needs as little as $50 in your Nexo account, while the physical card is orderable again only with a portfolio of at least $5,000, Gold or Platinum loyalty tier and an active virtual card (the first one is free). It is custodial. Funds sit in your Nexo balance, and the card either spends them directly (Debit Mode) or borrows against your crypto collateral (Credit Mode), toggled with one tap on the same Mastercard. That toggle is the real selling point.

No monthly, annual, or inactivity fees, and both virtual activation and physical shipping cost nothing. FX is set by the currency, not the place: nothing when the merchant charges in your card currency, 0.2% weekday and 0.7% weekend on other EEA, UK and Swiss currencies, and 2% weekday and 2.5% weekend on everything else. There is no free FX allowance any more: the fee page says all FX transactions are subject to fees.

To earn cashback at all you need a $5,000 portfolio to join the Loyalty Program; rewards then accrue only on Credit Mode spend, and the headline 2% demands Platinum tier: 10% of your portfolio held in Nexo's own NEXO token. Base tier pays 0.5% NEXO / 0.1% BTC. UK holders earn no cashback at all under FCA rules. The card is sold in the EEA, Andorra, Monaco and the UK, plus Argentina since 8 July 2026 under its own cashback rules, and never in the US.

Best fit: existing Nexo borrowers in the EEA with $5,000-plus who want to spend against collateral without selling
Wrong card if: you are in the US, in the UK chasing cashback, or under $5k

Common questions about the Nexo Card

We do not collect user reviews. Answers come from the card terms, the issuer disclosure and the regulator registers we could reach, rechecked on the Data verified date above.

What are the fees for the Nexo Card?

The one charge on the Nexo Card is its FX fee: 2% on weekdays when the merchant charges in a currency outside the EEA/UK/Swiss group (2.5% at weekends, Friday evening to Sunday evening UTC). No issuance or annual fee.

Is the Nexo Card legit, and who is behind it?

The issuer of record for the Nexo Card is DiPocket UAB, Lithuania (EMI No. 75), named on nexo.com.

Is the Nexo Card worth it?

Best fit for the Nexo Card: existing Nexo borrowers in the EEA with $5,000-plus who want to spend against collateral without selling. Wrong card if you are in the US, in the UK chasing cashback, or under $5k. Spending in another currency costs 2%.

How does the Nexo Card cashback work?

0.5-2% in NEXO Tokens or 0.1-0.5% in BTC by Loyalty Tier (Base 0.5%/0.1%, Silver 0.7%/0.2%, Gold 1%/0.3%, Platinum 2%/0.5%). Paid on purchases in Credit Mode when the account holds more than $5,000 in digital assets. Argentina runs a separate programme that pays in both modes: at Platinum up to 2% in Credit Mode and 1% in Debit Mode in NEXO, or 0.67% / 0.33% in BTC, up to US$100 a month.