Mercuryo Card (Spend, compatible with Ledger) vs Gnosis Pay
How does Mercuryo Card (Spend, compatible with Ledger) compare to Gnosis Pay? A side-by-side look at fees, rewards, custody and availability.
Higher score: Gnosis Pay · provisional, see how we rate
| Feature | Mercuryo Card (Spend, compatible with Ledger) | Gnosis Pay |
|---|---|---|
| Our score | 7.4/10 | 8.4/10 |
| Type | Virtual | Debit |
| Networks | Mastercard | Visa |
| Rewards | None at launch (referral/cashback rewards announced as coming soon) | Up to 5% cashback on eligible transactions, based on the amount of GNO held in wallet |
| Annual fee | No issuance fee; €1/month maintenance only after 3 consecutive months of inactivity (waived on resuming use) | — |
| FX fee | — | — |
| ATM fee | — | — |
| KYC | Full | Full |
| Custody | Self-custodial | Self-custodial |
| Supported coins | Top up with BTC, ETH, USDC and stablecoins (more coming) | USDC, EURC (stablecoins) |
| Availability | EEA only (initial launch) | UK, EU (expanding) |
| Apple / Google Pay | Yes | Yes |
Choose Mercuryo Card if…
- You want a wider range of supported cryptocurrencies: Mercuryo Card allows you to top up with Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and several stablecoins, with more options planned for the future. This makes it a more versatile choice if you hold a diverse crypto portfolio.
- You prioritize self-custody: Both cards offer self-custodial wallets, but Mercuryo Card’s compatibility with Ledger adds an extra layer of security for those who prefer hardware wallet integration.
- You are based in the EEA: Mercuryo Card is initially launching in the EEA, making it a suitable choice if you reside in this region and want to start using the card early.
- You prefer a straightforward fee structure: Mercuryo Card has a clear maintenance fee of €1/month after 3 months of inactivity, which is waived if you resume using the card. This can be simpler to manage compared to cards with undisclosed fees.
- You are interested in upcoming rewards: While not available at launch, Mercuryo has announced plans for referral and cashback rewards, which could make it more appealing in the future.
Choose Gnosis Pay if…
- You want cashback rewards: Gnosis Pay offers up to 5% cashback on eligible transactions, depending on the amount of GNO you hold in your wallet. This can be a significant benefit for frequent users who want to earn rewards on their spending.
- You are based in the UK or EU: Gnosis Pay is available in these regions and is expanding, making it a good option if you want to use the card in these areas.
- You prefer a Visa network card: Gnosis Pay is issued by Monavate Limited under a licence by Visa Europe Limited, which may be preferable if you have a preference for the Visa network over Mastercard.
- You hold USDC or EURC: Gnosis Pay supports these stablecoins, which may align with your crypto holdings and spending habits.
- You use Ethereum, Polygon, or Gnosis Chain: Gnosis Pay is integrated with these blockchain networks, which could be beneficial if you frequently transact on these platforms.
Bottom line
When deciding between the Mercuryo Card and Gnosis Pay, consider your primary needs and priorities. If you value a wider range of supported cryptocurrencies, self-custody with hardware wallet compatibility, and the potential for future rewards, Mercuryo Card might be the better choice. On the other hand, if you are looking for cashback rewards, prefer the Visa network, and are based in the UK or EU, Gnosis Pay could be more suitable. Both cards offer self-custodial wallets and are designed for users in Europe, so your decision should ultimately depend on which features align best with your crypto spending habits and preferences.