Quick answer. BingX Card is a debit crypto card on Visa from BingX. Rewards: Up to 5% cashback on purchases; up to 20% on subscriptions. Annual/issuance No annual fee for life; virtual card issuance free (physical free for VIP). Funds are custodial; it supports USDT. Available in 200+ countries and territories (per BingX announcement).
Key takeaways
- Network & type: Debit · Visa
- Rewards: Up to 5% cashback on purchases; up to 20% on subscriptions
- Annual fee: No annual fee for life; virtual card issuance free (physical free for VIP)
- Custody: Custodial
- Coins: USDT
- Availability: 200+ countries and territories (per BingX announcement)
Our rating, explained
Every card is scored on the same six factors — the weighting shows how much each counts toward the overall (provisional) score. How we rate →
Who it's for
Choose it if…
- You want no annual or monthly fee
- You spend enough for cashback to add up
- You pay with Apple Pay or Google Pay
Look elsewhere if…
- You insist on holding your own keys (this card is custodial)
How it compares to the field
Put in context against all 67 crypto cards we track and verify.
Overview
The BingX Card is a crypto debit card issued by BingX, designed to bridge the gap between cryptocurrency and everyday spending. As a Visa card, it offers users the flexibility to spend their USDT cryptocurrency directly at millions of merchants worldwide. The card supports over 200 countries and territories, making it a versatile option for crypto enthusiasts looking to utilize their digital assets in everyday transactions. The BingX Card comes with some attractive features, such as cashback rewards and fee-free withdrawals, but it also has limitations that potential users should be aware of.
How it Works
Using the BingX Card is straightforward: users can top up their card with USDT, the only supported cryptocurrency for spending. The card is custodial, meaning BingX holds the funds, which could be a concern for those who prefer non-custodial solutions. However, this setup allows for seamless integration with Apple Pay and Google Pay, enhancing convenience for users who want to make contactless payments.
One of the standout features of the BingX Card is its cashback rewards. Users can earn up to 5% cashback on their purchases, which is a significant incentive for frequent spenders. For those who subscribe to services using the card, the cashback rate increases to 20%, making it an attractive option for managing recurring payments. Additionally, the card offers a free virtual card, with physical card issuance being free for VIP members.
Fees and Value
The BingX Card boasts several fee-related benefits that add to its appeal. There is no annual fee, which is a major advantage compared to many other crypto cards on the market. For users who opt for a physical card, the first withdrawal each month is free, up to $200, which can be a cost-effective way to access cash while traveling. However, the exact foreign exchange (FX) fee is not disclosed on the official card page, which is a potential drawback for users who frequently make international transactions.
It’s important to note that while the card offers fee-free withdrawals up to a certain limit, the absence of information on top-up fees means users should be cautious and check the latest terms on the BingX website. The lack of transparency on certain fees, such as the FX fee, could be a concern for users who prioritize clear and upfront pricing.
Who It’s For
The BingX Card is ideal for crypto users who hold USDT and want to spend their digital assets directly without converting them to fiat currency. Its support for Apple Pay and Google Pay makes it a convenient option for those who prefer contactless payments. The card’s cashback rewards, particularly the 20% rate on subscriptions, make it an attractive choice for users who frequently subscribe to services.
However, the card may not be suitable for everyone. The custodial nature of the card could be a deal-breaker for those who prioritize control over their private keys. Additionally, the limited information on certain fees and the lack of support for other cryptocurrencies might deter some potential users. As always, users should be aware of the risks associated with crypto volatility and the potential for changes in terms and conditions.
For more detailed comparisons, check out our crypto card comparison page. If you’re interested in how we rate crypto cards, visit our ratings methodology page.
Conclusion
The BingX Card offers a compelling mix of features, including high cashback rates and fee-free withdrawals, making it a strong contender in the crypto debit card space. However, the lack of transparency on certain fees and the custodial nature of the card are important considerations. Ultimately, whether the BingX Card is the right choice for you will depend on your specific needs and preferences.
VERDICT: The BingX Card is a versatile crypto debit card with attractive cashback rewards and fee-free withdrawals, though users should be mindful of the custodial setup and lack of fee transparency.
Fees & costs
| Fee | Amount |
|---|---|
| Annual / issuance | No annual fee for life; virtual card issuance free (physical free for VIP) |
| FX / spend fee | — |
| ATM withdrawal | Free withdrawals up to $200/month (physical cards only) |
| Top-up / load | — |
| Staking / lockup | — |
Pros & cons
Pros
- Spend USDT crypto directly, with up to 5% cashback (20% on subscriptions)
- No annual fee, free virtual card, Apple Pay & Google Pay support
Cons
- Only USDT is stated as the supported spending currency
- KYC level, exact FX fee and custody terms not stated on the official card page
Supported crypto
Coins: