Bitpanda Card vs Nexo Card
How does Bitpanda Card compare to Nexo Card? A side-by-side look at fees, rewards, custody and availability.
Higher score: Nexo Card · provisional, see how we rate
| Feature | Bitpanda Card | Nexo Card |
|---|---|---|
| Our score | 7.3/10 | 7.8/10 |
| Type | Debit | Credit |
| Networks | Visa | Mastercard |
| Rewards | 1% cashback on all crypto asset spending (excludes fiat, stablecoins, metals and stocks) | Up to 2% crypto cashback in Credit Mode, tiered: Platinum 2% NEXO or 0.5% BTC, Gold 1% NEXO or 0.3% BTC, Silver 0.7% NEXO or 0.2% BTC, Base 0.5% NEXO or 0.1% BTC (cashback requires balance above $5,000 in digital assets) |
| Annual fee | €0 (free card, no monthly costs) | No monthly, annual, or inactivity card fees |
| FX fee | 0% Bitpanda FX fee on non-Euro transactions (Visa mark-up fees apply) | Weekdays: 0.2% (EEA/UK/CH), 2% (rest of world); Weekends: 0.7% (EEA/UK/CH), 2.5% (rest of world) |
| ATM fee | 2% or €2, whichever is higher (€500 daily ATM limit) | Free ATM withdrawals up to a monthly allowance that varies by tier (e.g. Platinum up to €2,000 / £1,800 per month); 2% fee (min €/£1.99) above the free allowance |
| KYC | Full | Full |
| Custody | Custodial | Custodial |
| Supported coins | All cryptocurrencies and precious metals listed on Bitpanda; EUR | Cashback paid in NEXO or BTC |
| Availability | Euro area (EUR) resident countries only | Selected European countries, including the EEA and the United Kingdom |
| Apple / Google Pay | Yes | Yes |
Which Crypto Card is Right for You?
Choosing between the Bitpanda Card and the Nexo Card depends on your specific needs and circumstances. The Bitpanda Card is a debit card focused on simplicity and accessibility for euro-area residents, while the Nexo Card offers a credit option with tiered rewards and more flexible international usage but with requirements tied to your digital asset holdings.
Choose Bitpanda Card if…
- You are a euro-area resident: The Bitpanda Card is available to residents of countries within the Euro area, making it a convenient option if you use EUR for most of your transactions.
- You want a straightforward, fee-free card: With no monthly or annual fees, the Bitpanda Card offers a cost-effective way to spend your cryptocurrencies and precious metals.
- You value cashback on all crypto spending: The card provides 1% cashback on all crypto asset spending, excluding fiat, stablecoins, metals, and stocks.
- You use Apple Pay: The Bitpanda Card supports Apple Pay, allowing for convenient and contactless payments.
- You prefer debit over credit: As a debit card, it allows you to spend directly from your Bitpanda account balance without borrowing.
Choose Nexo Card if…
- You are looking for a credit card option: The Nexo Card offers a credit mode, allowing you to borrow against your digital asset holdings.
- You hold a significant amount of digital assets: To qualify for the highest cashback tier (2% in NEXO or 0.5% in BTC), you need to maintain a balance of over $5,000 in digital assets.
- You want flexible cashback options: The Nexo Card offers tiered cashback in NEXO or BTC, allowing you to choose based on your preference.
- You travel frequently outside the EEA/UK/CH: While the card has higher FX fees on weekends and outside these regions, it still offers competitive rates on weekdays within the EEA/UK/CH (0.2%).
- You use both Apple Pay and Google Pay: The Nexo Card supports both, providing more flexibility for mobile payments.
Bottom line
Ultimately, the choice between the Bitpanda Card and the Nexo Card hinges on your residency, spending habits, and digital asset portfolio. If you are a euro-area resident seeking a simple, fee-free debit card with cashback, the Bitpanda Card is a solid choice. However, if you hold a substantial amount of digital assets and prefer a credit option with tiered rewards and international flexibility, the Nexo Card might be more suitable. For more detailed comparisons, visit our ratings page.