Issued by PECUNIA CARDS EDE, S.L.U. (PECUNPAY) — Electronic Money Institution supervised by Bank of Spain, registered under CSB 6707
Bit2Me CardReview
Custodial Mastercard debit card for EEA/Argentina residents with tiered B2M token cashback.
The verdict
Best for: EEA residents seeking high B2M token cashback (up to 7%) via tiers.
Skip if: You live outside the EEA/Argentina or want cashback without holding B2M tokens.
- Up to 7% cashback, but requires holding B2M tokens for high tiers.
- No-fee virtual card, but physical card costs up to €20 plus delivery.
- 0.95% crypto conversion fee, but 0% fee when spending from EUR wallet.
How it works
- ### Card & Account Features
- - **Card Network:** Mastercard
- - **Card Formats:** Virtual and Physical
- - **Funding:** No pre-loading required; funds are deducted directly from a selected Bit2Me crypto or fiat wallet (BTC, ETH, SOL, USDC, EUR, etc.) at the time of purchase.
- - **Wallet Switching:** Instantly change the funding wallet via the Bit2Me app.
- - **Ecosystem Integration:** Seamlessly connects with the Bit2Me platform, including Bit2Me Earn for staking rewards and Bit2Me Life for extra merchant cashback.
- ### Security & Control
- - **Card Management:** Instantly block and unblock the card via the app.
- - **Alerts:** Real-time transaction notifications.
- - **Authentication:** Supports 3DS and 2FA for enhanced security.
Funding: No pre-loading required - funds deducted from selected Bit2Me crypto or fiat wallet at purchase
Custody & risk
- If the issuer disappearsIf the provider becomes insolvent or experiences a security breach, users may lose access to their crypto assets.
- Counterparty riskCustodial model means users do not hold private keys; if provider disappears, users lose access to their crypto
Bit2Me holds all crypto assets on behalf of its users. Funds are stored on the platform and converted to fiat at the point of sale. Users do not control their private keys.
Protections
- Instant card blocking/unblocking
- Cold wallet protection for crypto storage
- Real-time transaction notifications
- Multi-factor authentication (3DS and 2FA)
Limits
The good
- Up to 7% base cashback in B2M tokens.
- €0 maintenance fees for virtual/physical cards.
- Supports Apple Pay and Google Pay.
- MiCA-authorized provider regulated by Spain's CNMV.
- 0.95% crypto-to-fiat conversion fee.
The catches
- Argentina users get virtual card only, max 3.5% cashback.
- Physical card costs up to €20 + €5 delivery fee.
- Level 0 users receive 0% cashback.
- 1.75%-2.00% foreign transaction fees outside Eurozone.
- Virtual card does not support ATM withdrawals.
Limitations
- majorCurrently limited to European Economic Area (excluding Ireland) and Argentina residents
- moderateArgentina users receive virtual card only with different cashback structure (max 3.5%)
- moderateLower-tier users receive minimal or no cashback benefits with monthly caps
- moderateNo ATM withdrawals with virtual card
- moderateMonthly cashback caps may limit rewards for high spenders
- minorPhysical card delivery initially prioritized for Spain (€5 surcharge outside Spain)
- minorNo cashback for financial services, casinos, lotteries, and betting houses
- minorLimited user feedback available due to recent launch (early 2023)
- minorEUR wallet linking provides no cashback despite 0% conversion fee
- minorForeign transaction fees apply outside the Eurozone (1.75%-2.00%)
Where rewards don't apply
- Financial services — No cashback provided
- Casinos — No cashback provided
- Lotteries — No cashback provided
- Betting houses — No cashback provided
What users say
Limited direct user feedback specifically about the card due to recent launch (early 2023). Benzinga's review of the overall Bit2Me platform notes 'It's a struggle to find any negative points,' though this refers to the entire ecosystem rather than specifically to the card.
Rating breakdown
See our methodology for how we score each axis.