Bybit Card vs Nexo Card
How does Bybit Card compare to Nexo Card? A side-by-side look at fees, rewards, custody and availability.
Higher score: Bybit Card · provisional, see how we rate
Quick answer. Bybit Card and Nexo Card are both crypto cards — here's how they differ. Key differences: network (Bybit Card: Mastercard/Visa vs Nexo Card: Mastercard); annual fee (Bybit Card: Virtual: free; Physical: 5–29.99 USD/yr (varies by region) vs Nexo Card: No monthly, annual, or inactivity card fees). Our provisional scoring rates Bybit Card higher (8.1/10 vs 7.8/10), but the best pick depends on your country and how you spend.
| Feature | Bybit Card | Nexo Card |
|---|---|---|
| Our score | 8.1/10 | 7.8/10 |
| Type | — | Credit |
| Networks | Mastercard/Visa | Mastercard |
| Rewards | 2%–10% cashback on everyday spending; 100% cashback on select subscriptions | 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 | Virtual: free; Physical: 5–29.99 USD/yr (varies by region) | No monthly, annual, or inactivity card fees |
| FX fee | 0.5%–7% depending on region (on top of Mastercard/Visa FX rate); e.g. EEA 0.5%, Peru 1%, Brazil 1.5%, AU/MX/APAC/GE/KZ 2%, Argentina 7% | Weekdays: 0.2% (EEA/UK/CH), 2% (rest of world); Weekends: 0.7% (EEA/UK/CH), 2.5% (rest of world) |
| ATM fee | 2% on amounts above the monthly free withdrawal allowance | 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 | USDT (multiple cryptos selectable) | Cashback paid in NEXO or BTC |
| Availability | EEA, Switzerland, UK, Australia, Brazil, Argentina, Mexico, Peru, Kazakhstan (AIFC), APAC — availability and terms vary by region | Selected European countries, including the EEA and the United Kingdom |
| Apple / Google Pay | Yes | Yes |
When choosing between the Bybit Card and the Nexo Card, the decision largely depends on your specific needs, such as the type of rewards you prefer, your location, and how you plan to use the card. Both cards offer unique advantages and cater to different user profiles.
Choose Bybit Card if…
- You want higher cashback rates: The Bybit Card offers cashback rates ranging from 2% to 10% on everyday spending, which is higher than the maximum 2% offered by the Nexo Card.
- You need a virtual card option: The Bybit Card provides a free virtual card, which can be a convenient option for online transactions.
- You are looking for broader global availability: The Bybit Card is available in a wider range of countries, including the EEA, Switzerland, UK, Australia, Brazil, Argentina, Mexico, Peru, Kazakhstan, and the APAC region, although terms and availability vary by region.
- You prefer a card with no monthly fees: The Bybit Card does not charge a monthly fee, and the physical card’s annual fee is relatively low, ranging from 5 to 29.99 USD depending on the region.
- You use Apple Pay or Google Pay: The Bybit Card supports both of these popular mobile payment platforms.
Choose Nexo Card if…
- You want a credit card option: The Nexo Card operates in Credit Mode, allowing you to spend without immediately deducting from your crypto balance, which can be a useful feature for managing your finances.
- You are based in Europe or the UK: The Nexo Card is currently available in selected European countries, including the EEA and the United Kingdom, making it a suitable choice for residents in these regions.
- You prefer lower FX fees: The Nexo Card offers lower foreign exchange fees of 0.2% on weekdays for EEA/UK/CH users, which is significantly lower than the rates offered by the Bybit Card for certain regions.
- You are interested in loyalty tiers: The Nexo Card’s cashback and fee structure are tied to loyalty tiers based on your NEXO portfolio ratio, which can be beneficial if you hold a significant amount of digital assets.
- You want no monthly, annual, or inactivity fees: The Nexo Card does not charge any of these fees, making it a cost-effective option for users who want to avoid additional charges.
Bottom line
Ultimately, the choice between the Bybit Card and the Nexo Card hinges on your individual preferences and circumstances. If you prioritize higher cashback rates and broader global availability, the Bybit Card might be the better option. However, if you are based in Europe or the UK and prefer a credit card with lower FX fees and no additional fees, the Nexo Card could be more suitable. For more detailed insights on how we rate these cards, visit our ratings page.