Issued by Monavate Limited (UK) / UAB Monavate (EEA) — FCA-authorized Electronic Money Institution (UK - FRN: 901097) / Licensed Electronic Money Institution in Portugal (EEA)
Gnosis Pay CardReview
A self-custodial Visa debit card that spends stablecoins from a Safe wallet on Gnosis Chain.
The verdict
Best for: Self-custody advocates in Europe/Brazil holding GNO to maximize up to 5% cashback.
Skip if: You need to spend assets other than EURe/GBPe/USDCe or live outside supported regions.
- Truly self-custodial via Gnosis Chain Safe wallet, but requires bridging funds.
- Offers up to 5% cashback in GNO, but rewards are capped weekly.
- Zero FX fees and Visa-network access, but blocked for car rentals.
How it works
- Gnosis Pay provides both physical and virtual cards, with the option to personalize the physical card with an ENS domain name. It supports mobile payments via Apple Pay and Google Pay. For eligible European users, the card includes an IBAN for receiving and sending bank transfers. Security features include EMV chip and PIN, 3D Secure, and the ability to freeze/unfreeze the card via the web app.
Funding: Crypto (EURe, GBPe, USDCe stablecoins on Gnosis Chain) · IBAN bank transfer (where available) · Bridging from other networks via Gnosis Pay web app
Rewards calculator
- $0–∞ @ 0.00% → $0 on $2,000
Tier requirements & loyalty
Referrals: Direct referral program ended April 22, 2025 - now partner-run through Zeal wallet (Europe) and Picnic (Brazil)
Fees
| Banking | SEPA: true · IBAN: true · Direct deposit: true · IBAN issued by Monerium ehf (regulated by Central Bank of Iceland). SEPA transfers for EUR accounts, Faster Payments for GBP accounts. Incoming bank transfers automatically converted to EURe/GBPe stablecoins in Safe. IBAN services currently limited to EU cardholders of certain nationalities. For IBAN-related issues, contact Monerium support separately. |
Custody & risk
- If the issuer disappearsUsers are warned against manually modifying the Safe configuration, as this may disrupt card operations.
- Market riskCashback rewards paid in volatile GNO tokens
- Regulatory riskCard cannot be used in restricted countries due to international sanctions and regulations
Users retain full control of their private keys at all times. Assets are held in a user-owned Safe smart contract wallet on Gnosis Chain. The provider never takes custody of user funds, and transactions are authorized directly from the user's wallet.
Protections
- EMV chip and PIN protection
- Contactless with 50-tap limit before PIN required (physical cards)
- 3D Secure for online purchases
- Card freeze/unfreeze capability
- Transaction monitoring and AML screening
- Safe smart contract security architecture
- Multi-step fraud analysis for all transactions
- No magstripe transactions supported (security measure)
Custody partners: Safe (smart contract wallet)
Limits
The good
- Zero-fee for transactions and 0% FX fees.
- Up to 5% cashback paid weekly in GNO.
- Supports Apple Pay and Google Pay for mobile payments.
- Available in 34 countries including EU and Brazil.
The catches
- Weekly cashback caps limit rewards (e.g., €200 at 1%).
- Requires bridging funds to Gnosis Chain.
- €30.23 issuance fee (though often waived).
Limitations
- moderateCurrently supports EURe, GBPe, and USDCe stablecoins only
- moderateAvailable only in Europe, UK, Argentina, and Brazil
- moderateCannot be used for car rentals, automated fuel pumps, gambling, pawn shops, or certain other merchant categories
- minorInitial setup requires bridging funds to Gnosis Chain - learning curve for crypto newcomers
- minorDirect referral program ended April 2025 (now partner-run only)
- minorWeekly cashback spending caps may limit rewards for high-volume spenders
- minorCard Safe configuration should not be manually modified
- minorNo magstripe transactions supported
- minorIBAN feature currently limited to EU cardholders of certain nationalities
Where rewards don't apply
- Car rentals — Pre-authorization restrictions
- Automated fuel pumps — Pre-authorization holds - pay inside at cashier instead
- Gambling establishments — Risk management and regulatory compliance
- Pawn shops — High-risk merchant category
What users say
Strong ratings in comparative analyses - ranked #2 crypto card overall and #1 among non-custodial crypto cards. Customer service rated 9.8/10, significantly outperforming industry average of 7.6/10. Trustpilot rating not counted in overall assessment.
Rating breakdown
See our methodology for how we score each axis.