Name: Nexo Card
Brand: Bybit
Availability: InStock
Rating: 8.1 (5623 reviews)

World rating

8.1

Rating in Europe

9.2

Brand reliability rating

9.4

Rating by fees and limits

7.1

Customer service rating

7.2

Pros:

Cons:

Description

Bybit Card represents the exchange’s foray into real-world spending. With a low 0.9% conversion fee and tight exchange integration, it simplifies the transition from trading to spending. It follows a custodial model and requires full KYC, positioning it as a more regulated option for users seeking convenience over full asset control.

Main characteristics

Name	Value
Support for Stablecoins	Yes – supports stablecoins such as USDC and USDT, along with other cryptocurrencies like BNB, BTC, ETH, MNT, TON, and XRP.
Beneficiary	The card is issued to the cardholder, it is linked to the user’s chosen crypto coin balance on the Bybit platform.
Card Issuer	Moorwand
Denominated In	Euro (EUR) and British Pound (GBP) (as indicated by “€ EUR? GBP”).
Supported Cryptocurrencies	BNBBTCETHMNTTONUSDCUSDTXRP – Bybit Card supports 8 cryptocurrencies: BNB, BTC, ETH, MNT, TON, USDC, USDT, and XRP.
Supported Countries	Available in 32 countries (e.g., Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, and others as indicated by “Show All (32)”).
Foreign Exchange Fee	0.5% – a competitive fee that keeps conversion costs low for international transactions.
Crypto to Fiat Conversion	Automatic conversion on every purchase – Bybit Card converts your crypto on demand at the time of purchase.
Monthly Fee	0.00 EUR – there is no monthly fee, making the card cost-effective for everyday use.
Monthly Inactivity Fee	0.00 EUR – no fee is charged for inactivity.
Interest Rate	Not applicable – as a debit card, no interest rate is charged.
Highest Cashback	Up to 10% cashback (available for premium users at higher VIP levels).
Entry-Level Cashback	2% cashback – entry-level users receive a 2% cashback reward.
Entry-Level Cashback Monthly Cap	10 EUR – the cashback for entry-level users is capped at 10 EUR per month.
Daily Spending Limit	5,000 EUR – the maximum amount that can be spent in one day.
Daily ATM Withdrawal Limit	2,000 EUR – users can withdraw up to 2,000 EUR per day at ATMs.
ATM Withdrawal Fee - Fixed Local	Approximately 3 EUR – a fixed fee (including the operator fee) is typically applied during local ATM withdrawals.
ATM Withdrawal Fee - Percent Local	2% – a percentage-based fee is applied on local ATM withdrawals.
ATM Withdrawal Limit Monthly - Basic	Free ATM withdrawals are available for up to 100 EUR per month.
No Fee ATM Withdrawal Monthly - Basic	100 EUR – the first 100 EUR withdrawn per month is fee-free.
Card Form Mechanism	Available in both physical and virtual formats – you can receive a physical card by mail and instantly access a virtual card after KYC verification.
Attached to a Bank Account	No – Bybit Card is not linked to a traditional bank account, it is connected directly to your crypto balance.
Bank Account Offered	Not offered – Bybit does not provide a bank account with this card.
Bank Account Country	N/A – since no bank account is offered.
Bank Account Type	N/A – not applicable.
Can Receive From Third Party	No – as there is no associated bank account, third-party payments (such as fiat withdrawals from exchanges) cannot be received.
Availability	Available to residents in supported countries – Bybit Card is offered in 32 countries.
Region	Europe – the card is tailored for the European market.
Crypto Asset Management	Custodial – the card employs custodial management, meaning your crypto keys are stored securely on your behalf.
Cost to Order Physical Card	Not specified – the provided information does not mention any cost for ordering a physical card.
Cost to Order Virtual Card	Not specified – the provided details do not state a fee for ordering the virtual card.
Full Spread	Approximately 1.15% – this is the total crypto-to-EUR conversion cost (including fees and spread).
Load Fee	0% – no additional fee is mentioned for loading funds onto the card.
Sell Spread	Approximately 0.25% – the spread applied during sell transactions is around 0.25%.
Transaction Fee	0% – there are no extra transaction fees for card usage.
BIN Number	52058123 – the Bank Identification Number for the Bybit Card.
Issuing Country	Malta – the card is issued in Malta.
Validity Period	3 years – the card is valid for three years from the date of issuance.
Card Network (Visa or MC)	Visa and MasterCard (Bybit Card is issued on major networks, ensuring global acceptance and secure transactions)
Card Type (Debit or Credit)	Debit Card (Bybit Card is a debit card – it connects to your chosen crypto coin balance on the Bybit platform rather than a traditional bank account)
Apple Pay/Google Pay Availability	Apple Pay is enabled for contactless payments, Google Pay support is not explicitly mentioned.
Recharge Methods (SEPA, SWIFT, P2P)	Not specified – the card is linked to your crypto balance on the Bybit platform rather than being recharged via traditional fiat channels.
KYC Requirements (Levels)	Mandatory KYC Identity Verification is required (specific levels are not detailed).
Instant Conversion	Yes – conversion of crypto to fiat occurs instantly at the time of purchase.
Fiat Supported (EUR/USD/GBP etc.)	Euro (EUR) and British Pound (GBP) – as indicated by the denominated currencies.
Crypto Cashback	Up to 10% for premium users, with an entry-level cashback of 2%.
Crypto Deposit Fee	Not specified – no information is provided regarding fees for depositing crypto.

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