Tap Card Review 2026
Reviewed by Mihail B. in · · how we verify
Algorithmic score, not user reviews: how it is calculated
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Fees and limits
| Issuance fee | Virtual free; physical £12.99 on every plan |
|---|---|
| Annual fee | Free |
| FX fee | 1.5% on Essential, Plus and Prime; 1% on Premier; free on Platinum and Prestige |
| ATM limit | EUR 300 per withdrawal and EUR 4,000 a monthThe fine print
|
| Spending limit | EUR 2,500 a day and EUR 15,000 a month on Essential, Plus and PrimeThe fine print
|
Fees change; the current ones are in Tap’s terms.
Features
- Welcome bonus: EUR 6 referral
- Cashback: 0.5-8%
The fine print
- 0.5% on the free Essential plan
- Higher plans need XTP locked for 12 months: Plus 1.5% with EUR 300 locked, Prime 3% with EUR 2,500, Premier 4% with EUR 5,000, Platinum 6% with EUR 15,000, Prestige 8% with EUR 25,000
- Paid in crypto, XTP by default, at Tap's discretion
- Some merchant categories earn nothing
- KYC: Yes
- Card type: Virtual + Physical
- Top up with: 45+ cryptocurrencies including BTC, ETH, USDT, USDC
- Available countries: United Kingdom, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany…
Full list
… Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, Norway
Who issues the Tap Card
The Tap Card is issued by Transact Payments Malta Limited, Malta (MFSA C 91879). The issuer is named in the source linked below. "Cards provided to EEA residents are issued by Transact Payments Malta Limited and cards provided to UK residents are issued by Transact Payments Limited pursuant to licences by Mastercard International." Source domain now dead. The current card terms on terms.withtap.com name Transact Payments Limited in Gibraltar as the card issuer, while the newer account terms name Heuro SAS (EEA) and Moorwand Ltd (UK) as e-money issuers.
Primary source · All cards issued by Transact Payments Malta Limited · Why the issuer matters
Supported cryptocurrencies
You can load the Tap Card with crypto; the 4 assets we track for it are listed below.
Pros and cons
Pros
- 0.5% cashback with nothing locked, up to 8% if you lock EUR 25,000 of XTP
The fine print
- Free virtual card
- Personal UK sort code and European IBAN
- Free SEPA and Faster Payments in and out
- FX and ATM fees disappear on the top plans
- No card issuance fee
- No annual maintenance fee
- Welcome bonus: EUR 6 referral
Cons
- Cashback above 0.5% needs XTP locked for 12 months
The fine print
- 1.5% FX and 1.99% crypto trading fee on the free plan
- ATM fee of 2% above EUR 500 a month on lower plans
- Low daily card limit of EUR 2,500 on lower plans
- GBP 3 monthly inactivity fee after 12 months unused
- UK and EEA only
Regional availability
Available in UK and EEA residents 18+
The Tap Card is available in UK and EEA residents 18+: United Kingdom, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland and 16 more.
Banking and fiat rails
Card overview
Anything above 0.5% cashback on Tap costs you a 12-month lock: each higher plan needs XTP, Tap's own token, locked for a year, from EUR 300 for 1.5% on Plus to EUR 25,000 for 8% on Prestige. Tap is Gibraltar-licensed under the GFSC rather than the UK FCA. The card is a custodial Mastercard Prepaid, virtual free and physical at £12.99 with no annual fee, sold to UK and EEA residents with personal EUR and GBP IBANs (SEPA, UK Faster Payments).
Cashback is paid in crypto, XTP by default, and runs from 0.5% on the free Essential plan through 3% on Prime and 4% on Premier to 8% on Prestige; some merchant categories earn nothing. On the lower plans the card is capped at €2,500 a day, FX costs 1.5%, and ATM withdrawals cost 2% above €500 a month; Platinum and Prestige drop the FX and ATM fees. Buying crypto on the free plan carries a 1.99% trading fee. Apple Pay is not enabled, which closes one of the standard convenience paths for a European card.
So the decision turns on how much XTP you are willing to lock for a year.
Common questions about the Tap 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.
