CoinsOnCards

    Issued by Transact Payments Malta Ltd — Regulated by the Malta Financial Services Authority (MFSA)

    Bitpanda CardReview

    Custodial Visa debit card for euro area residents spending 600+ crypto assets with real-time conversion.

    3.0· Updated: New card version activated from April 1, 2025
    Visit issuer
    Cashback
    Up to 1.0%
    Custody
    custodial
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: Euro area residents spending 600+ assets held on the Bitpanda platform.

    Skip if: You live outside the euro area or want to avoid trading fees.

    • Offers 1% cashback but charges trading fees on every crypto purchase.
    • No monthly fees but a 2% fee (min €2) on ATM withdrawals.
    • Supports Apple Pay and Google Pay but is a fully custodial card.
    Get the Bitpanda Card

    How it works

    • - Spend cryptocurrencies, precious metals, and stocks directly
    • - Real-time asset conversion at point of sale
    • - Fallback asset functionality to prevent declines
    • - Apple Pay and Google Pay integration
    • - Physical and virtual cards available
    • - Instant transaction notifications and in-app card freeze
    • - Accepted at over 54 million Visa merchants worldwide

    Funding: No pre-loading required - spend directly from Bitpanda account balances (crypto, stablecoins, metals, stocks)

    Custody & risk

    • If the issuer disappears
      If Bitpanda ceases operations, users could lose access to their funds. There is no option to connect an external or self-custody wallet.
    • Counterparty risk
      Fully custodial model - if Bitpanda ceases operations, users lose access to their funds
    • Market risk
      Each card transaction involves selling crypto assets for fiat, creating taxable events and exposure to conversion costs
    • Regulatory risk
      Bitpanda temporarily paused UK registrations as of 2025

    All assets are held in Bitpanda's custody. The majority of crypto assets are stored in institutional-grade cold wallets, and customer fiat funds are held in segregated accounts separate from Bitpanda's operational funds. Users do not have access to private keys.

    Protections

    • EMV chip
    • PIN
    • 3D Secure for online payments
    • Two-factor authentication (2FA)
    • Real-time push notifications
    • Instant card freeze/unfreeze in app
    • Visa's anti-fraud detection systems
    • Offline contactless payments supported

    Limits

    notes
    Contactless payment limit €50 without PIN (varies by country). Minimum transaction €1.00. One active card permitted per user.
    atm daily
    €500 (non-increasable)
    daily spending
    €10,000

    The good

    • No monthly or annual maintenance fees.
    • 1% crypto cashback on eligible purchases.
    • 0% foreign exchange fees from Bitpanda.
    • Spend 600+ crypto assets, metals, stocks.
    • Supports Apple Pay and Google Pay.

    The catches

    • 2% ATM withdrawal fee (min €2).

    Limitations

    • majorExclusively available to euro area residents only
    • moderateBitpanda's usual trading premium/fees applied to each transaction reduce effective rewards
    • moderate2% ATM withdrawal fee (minimum €2)
    • moderateEach transaction creates a taxable event in most jurisdictions
    • moderateFully custodial model with no option for self-custody
    • moderateNot available to UK residents or Bankident-verified users
    • minorOnly one active card permitted per user
    • minorUsers verified via Bankident cannot order the card
    • minorAutomated fuel dispensers (pay-at-pump gas stations) excluded

    Where rewards don't apply

    • Automated fuel dispensers (pay-at-pump gas stations) — Excluded category

    What users say

    App Store
    4.7/5.0 (8,477 ratings)
    Google Play
    4.4/5.0 (46,252 ratings)
    Trustpilot
    3.9/5.0 (13,264 ratings)

    Positive feedback on ease of use and seamless integration; common complaints about slow customer support and hidden conversion costs

    Rating breakdown

    Net reward
    4.3
    Custody risk
    2.0
    Availability
    1.0
    User experience
    4.3
    Features & convenience
    4.0

    See our methodology for how we score each axis.