Bitsa Card review

Overview

The Bitsa Card is a prepaid Visa card offered by Bitsa, a European-based provider accessible through bitsacard.com. This card supports a variety of cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDC, as well as a total of over 20 supported coins. The card is available to users within Europe, providing a European IBAN for easy top-ups and transactions.

Bitsa offers three plans: a free plan, a MOVE plan costing €0.99 per month (or €8.99 annually), and a PRO plan at €9.99 per month (or €69.99 annually). Each plan has different features and benefits, with the PRO plan offering the highest cashback of up to 15%, among other perks. It’s important to note that while the card itself is prepaid, it is custodial, meaning users do not have direct control over private keys for their crypto assets.

How it works

The Bitsa Card allows users to load funds using a variety of cryptocurrencies, which are then converted to euros for use with the Visa network. This makes it a versatile option for those who hold crypto and want to spend it in everyday transactions. The card supports both physical and virtual forms; however, there is a fee for physical card issuance (€20) and a smaller fee for virtual cards (€2.50).

Onboarding is straightforward with a light KYC (Know Your Customer) process, which the provider claims involves “no additional verifications” beyond basic identity checks. This can be a plus for users who prefer a less intrusive verification process.

Fees and value

Understanding the fee structure is crucial for evaluating the real-world value of the Bitsa Card:

• Annual Fees: The card has a free tier, but the MOVE plan costs €0.99 per month, and the PRO plan costs €9.99 per month. These fees grant access to different levels of features and benefits.
• Foreign Exchange (FX) Fees: International transactions in non-euro currencies incur a 1.75% fee, while transactions in the rest of the world incur a 2% fee. This can add up for frequent travelers or those who make international purchases.
• ATM Fees: In the Eurozone, users are charged only the ATM operator fee. For non-euro withdrawals, there is an additional €0.55 plus 1% of the transaction amount, with a minimum fee of €0.75.
• Top-up Fees: Reloading the card using an external card incurs a 1.5% commission, though the provider offers a limited number of free reloads depending on the plan. Voucher redemption fees range from 0% to 6%.

While the card offers a range of features, the fees can be significant, particularly for users who do not opt for the PRO plan. The best cashback and unlimited limits are reserved for PRO users, which may not be cost-effective for all.

Who it’s for

The Bitsa Card is ideal for European users who want to spend their cryptocurrencies directly without converting them to fiat through exchanges. It is particularly suited for those who value flexibility and are comfortable with a custodial solution. The card’s cashback feature, especially on the PRO plan, may appeal to users who make frequent transactions and can offset the monthly fee with the rewards earned.

However, users should be aware of the potential fees and the fact that the card is custodial, which means they do not have full control over their crypto assets. For more information on cashback cards, visit our cashback card category page.

For a detailed comparison of crypto cards, check out our comparison page and our rating methodology.

Fees & costs

Pros & cons

Supported crypto

Coins:

Our take

The Bitsa Card offers a flexible way to spend cryptocurrencies in Europe with varying fee structures and cashback options, but users must weigh the benefits against the costs and custodial nature of the service.