Xapo Bank 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
Xapo Bank is a Gibraltar-licensed bank, and its Visa or Mastercard debit card is one perk of membership rather than a standalone product. Read the gate first: membership runs about $1,000 a year, so the card only makes sense if you also want the account under it. What you get for that is a real bank account, USD and Bitcoin balances, interest paid on USD deposits, and BTC held one to one. The card charges 0% foreign-exchange fees, which is genuinely rare, and pays up to 1% cashback in Bitcoin, with the top rate on the Metal card for spend outside SEPA. Custody sits with Xapo, not you, and onboarding runs an extensive compliance and KYC process that turns some applicants away. Availability centers on the UK and parts of the EU. Best fit: higher-balance users who want a regulated Bitcoin and USD bank account and treat the 0% FX card and BTC cashback as extras that help justify the $1,000 membership. Wrong card if you just want a cheap crypto card, since the annual membership dwarfs any realistic cashback unless you spend and deposit heavily.
A licensed crypto neobank card with Gibraltar IBAN and full banking services. Xapo Bank Card delivers institutional-grade Bitcoin banking through Gibraltar's fully licensed financial infrastructure, enabling spending from both USD and Bitcoin balances with automatic conversion and up to 1.1% Bitcoin cashback on all purchases. Earn exceptional 4.1% APY on USD deposits and 1% on Bitcoin holdings, both paid in BTC, while enjoying zero foreign exchange fees across 150+ countries via Visa and Mastercard networks. With Bitcoin Lightning Network integration for instant deposits/withdrawals, deep cold storage security, premium metal card options, and adjustable limits reaching $50,000 daily spending, Xapo Bank bridges traditional banking stability with Bitcoin innovation. Perfect for high-net-worth individuals seeking regulated Bitcoin banking with interest-earning capabilities, though $1,000 annual membership fee and exclusion of US, Canada, and Australia limit accessibility.
This is a Visa crypto card. This is a Mastercard crypto card. It offers cashback rewards. Available in Europe. Available in the UK.
Fees & Limits
| Issuance Fee | Virtual Free; Plastic Free; Metal premium option |
|---|---|
| Annual Fee | $1000/year membership fee |
| FX Fee | 0% foreign exchange fees |
| ATM Limit | $100/month free, then 2% fee; $1000/day limit (adjustable to $2000) |
| Spending Limit | $10000/day (adjustable to $50000) |
These figures can change. Confirm the current fees, FX and network in Xapo Bank’s official terms before you apply.
Features
- Welcome Bonus: $10 referral
- Card Type: Virtual + Physical
- Top up with: Deposit USD or Bitcoin; Lightning Network integration for BTC
- Available Countries: United Kingdom, Belgium, Netherlands, Germany, Iceland, Portugal, Poland, Spain, Romania, France, Italy, Ireland, Switzerland, Singapore, Japan, Saudi Arabia, Hong Kong, United Arab Emirates, Brazil, Bangladesh, Malaysia, India, Tanzania, South Africa, Kenya, Australia, Canada, New Zealand, Argentina, Mexico, Colombia, Chile, Peru, Philippines, Indonesia, Thailand (100+ countries; excludes United States)
Banking & Fiat Rails
IBAN yes; SWIFT yes; SEPA yes; UK sort code; full bank account
Who issues the Xapo Bank Card
The Xapo Bank Card is issued by Xapo Bank Ltd, Gibraltar (GFSC permission 23171) — Credit institution (full banking) + Visa & Mastercard principal. The issuer is named verbatim in the card documentation.
Primary source · All cards issued by Xapo Bank Ltd · Why the issuer matters
Supported Cryptocurrencies
You can load the Xapo Bank Card with crypto; the asset we track for it is listed below. When you pay, the card converts crypto to local fiat automatically.
Networks & deposit details: BTC (incl. Lightning), USDC, USDT deposits
Who Is the Xapo Bank Card Best For?
The Xapo Bank Card is a good fit for holders who want their balance to keep earning while it sits on the card.
The Xapo Bank Card pays up to 1.0% cashback on eligible purchases, so it works well as a daily spending card.
The card is currently available in 100+ countries, so it works for residents and travellers in those areas.
Best for
- Frequent spenders who want to earn up to 1.0% 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 Xapo Bank Card side-by-side with alternatives using the full card listing or explore our Visa crypto cards category.
Pros & Cons
Pros
- Fully licensed Gibraltar bank; earn interest on both USD (4.1%) and Bitcoin (1%) balances; 1.1% BTC cashback; zero FX fees; Bitcoin Lightning Network integration
- Works wherever Visa is accepted worldwide
- Virtual card ready right away, no shipping wait
- Crypto neobank with IBAN account and regular banking features
- Welcome bonus: $10 referral
- Banking rails: IBAN / SEPA / SWIFT support
Cons
- High $1,000 annual membership fee; excludes US, Canada, Australia; fully custodial; $100 monthly free ATM limit; extensive KYC required
- Card issuance fee: Virtual Free; Plastic Free; Metal premium option
- Annual fee: $1000/year membership fee
- Only available in certain regions
How to Get the Xapo Bank Card
Here is what the sign-up process looks like, from application to first purchase.
Create a Xapo Bank account
A few minutesGo to the Xapo Bank website or download the app. Sign up with your email, pick a password, and accept the terms.
Complete identity verification
Varies by issuerXapo Bank 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 Deposit USD or Bitcoin; Lightning Network integration for BTC through the funding screen. When you make a purchase, your crypto converts to local fiat at the current rate.
Start spending immediately
InstantYour virtual Xapo Bank Card shows up in the Xapo Bank app right away. Use it online or add it to Apple Pay / Google Pay for tap-to-pay in stores.
Requirements
Regional Availability
Available in the United States
The Xapo Bank Card is for US residents. Availability can vary by state because of money-transmission licensing. Check the issuer's site for your state.
Common questions about the Xapo Bank Card
What are the fees for the Xapo Bank Card?
How does the Xapo Bank Card cashback work?
Where is the Xapo Bank Card available?
What cryptocurrencies does the Xapo Bank Card support?
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