A Trustworthy Crypto Debit Solution
Following the popular Binance Card (currently unavailable) and Crypto.com Card, let's explore the Bybit Card—a highly valuable product suitable for everyone.
A "crypto card" is a debit card that allows you to spend your cryptocurrencies or Euros while earning rewards, typically in the form of cashback paid in coins or tokens.
The standout feature of these cards is their zero cost: they’re free to order and have no annual fees.
Unlike some competitors, the Bybit Card doesn’t require staking any assets to request one—a significant advantage.
Let’s analyze the Bybit Card in detail to see how it can enhance your everyday spending.
Index
- What Is the Bybit Card & How Does It Work?
- How to Request the Bybit Card
- Cashback & Rewards
- Fees & Card Limits
What Is the Bybit Card & How Does It Work?
The Bybit Card operates on the MasterCard network, ensuring global acceptance. If a merchant accepts digital payments, they’ll likely accept this card.
Since it’s a debit card, you must pre-load funds onto your Bybit exchange account before spending. Unlike credit cards, you can’t spend without available balance.
Funds are deducted from the Funding Wallet (Bybit’s default wallet). You can spend:
- FIAT (Euros for EU users)
- Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, USDT, and USDC.
The card is available in two forms:
- Virtual Card (issued instantly for online purchases)
- Physical Card (shipped after activation for POS use)
Compatible with Apple Pay & Google Pay.
Read more: Complete Bybit Exchange Guide
How to Request the Bybit Card
Create a Bybit Account
- Use this referral link for exclusive bonuses.
Complete KYC Level 2
- Submit personal details, ID, and proof of residence (mandatory).
Request the Card
- Instant issuance for virtual cards.
- Physical cards cost €5 (one-time fee) and require shipping time.
Cashback & Rewards
Bybit offers a rewards program (active since April 2024) with:
- Exclusive partner deals
- Loyalty points (redeemable for discounts or crypto)
No staking required—unlike competitors.
Fees & Card Limits
- 0% fee on FIAT transactions (spending EUR directly).
- 0.9% fee for crypto-to-EUR conversions at purchase.
- 0.5% fee on foreign currency conversions (e.g., USD charges with EUR balance).
All other services (card ordering, cancellation, virtual card renewal) are free.
FAQs
Q: Does the Bybit Card have annual fees?
A: No, it’s completely free (except for the €5 one-time physical card fee).
Q: Which cryptocurrencies can I spend?
A: BTC, ETH, XRP, USDT, and USDC.
Q: Is there a staking requirement?
A: No—unlike some competitors, Bybit doesn’t require locked assets.
Source: The Crypto Gateway