Xapo Bank 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 | Free for virtual, plastic and metal cards for members who joined or renewed since 25 September 2024; first replacement in a calendar year free, then $25 |
|---|---|
| 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) |
Fees change; the current ones are in Xapo Bank’s terms.
Features
- Welcome bonus: $500 referral
- Cashback: None
The fine print
- No general cashback since 1 July 2026: the up-to-1% BTC cashback campaign ended on 30 June 2026
- Current promotion: up to 3% in BTC on taxi and rideshare for members with an active Metal card on the account, 1 July to 31 October 2026, paid on the 5th of each month
- Network: Visa + Mastercard Debit
- KYC: Yes (extensive compliance/KYC process)
- Card type: Virtual + Physical
- Top up with: USD, GBP or EUR by bank transfer (FedWire, ACH, SEPA, Faster Payments), USDC on Ethereum or USDT converted to USD, or…
Full list
- … BTC including Lightning
- The card spends from the USD or BTC wallet
- Available countries: Most countries, except the United States. Xapo publishes no list of eligible countries; eligibility follows the country dropdown in the membership application
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 in the source linked below.
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 2 assets we track for it are listed below.
Pros and cons
Pros
- Licensed Gibraltar bank; no FX fee on card spending; USD savings at 4.10% variable, paid in bitcoin; spends USD or BTC; free metal card; Lightning deposits
- Crypto neobank with IBAN account and regular banking features
- Welcome bonus: $500 referral
- Banking rails: IBAN / SEPA / SWIFT support
Cons
- $1,000 annual membership fee
The fine print
- No ongoing cashback since July 2026, only time-limited campaigns
- Savings interest is on a separate account, not the card balance
- Excludes the US
- Fully custodial
- ATM withdrawals free only up to $100 a month, then 2%
- Annual fee: $1000/year membership fee
Regional availability
Available worldwide except the US
Worldwide except the United States; Xapo publishes no list of eligible countries.
Banking and fiat rails
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. 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 and USD and Bitcoin balances the card spends from. Interest is paid on USD and BTC Savings, a separate account the card cannot spend: 4.10% variable on USD, paid daily in bitcoin.
The card charges 0% foreign-exchange fees, which is rare, and virtual, plastic and metal cards are free. General cashback ended on 30 June 2026; what remains is a promotion of up to 3% in BTC on taxi and rideshare for members with a Metal card, running to 31 October 2026. Custody sits with Xapo, not you, and onboarding runs an extensive compliance and KYC process that turns some applicants away. Xapo accepts members from most countries except the United States and publishes no list; eligibility follows the country menu in the application.
- Best fit
- higher-balance users who want a regulated Bitcoin and USD bank account and treat the 0% FX card as an extra that helps justify the $1,000 membership
- Wrong card if
- you just want a cheap crypto card, since the annual membership buys no ongoing cashback at all
Common questions about the Xapo Bank 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.
