Xapo Bank Card vs Coinbase Card
How does Xapo Bank Card compare to Coinbase Card? A side-by-side look at fees, rewards, custody and availability.
Higher score: Coinbase Card · provisional, see how we rate
Quick answer. Xapo Bank Card and Coinbase Card are both crypto cards — here's how they differ. Key differences: annual fee (Xapo Bank Card: USD 1,000/year (Xapo Bank membership) vs Coinbase Card: $0 (no annual fee)). Our provisional scoring rates Coinbase Card higher (6.8/10 vs 6.6/10), but the best pick depends on your country and how you spend.
| Feature | Xapo Bank Card | Coinbase Card |
|---|---|---|
| Our score | 6.6/10 | 6.8/10 |
| Type | Debit | Debit |
| Networks | Visa | Visa |
| Rewards | Up to 1% Bitcoin cashback on qualifying purchases worldwide | Optional crypto rewards on purchases, US card users only, variable reward rate (no fixed rate stated) |
| Annual fee | USD 1,000/year (Xapo Bank membership) | $0 (no annual fee) |
| FX fee | 0% (zero FX policy; card-network exchange rate, no Xapo markup) | — |
| ATM fee | — | — |
| KYC | Full | Full |
| Custody | Custodial | Custodial |
| Supported coins | BTC, USD | Spend USD and crypto held on Coinbase (incl. USDC) with no spending fee; crypto auto-converts to USD at point of sale |
| Availability | — | US (all states except Hawaii) |
| Apple / Google Pay | — | Yes |
When choosing between the Xapo Bank Card and the Coinbase Card, it’s important to consider your specific needs and priorities. These two cards differ significantly in terms of their fee structures, rewards programs, and availability, making each one suitable for different types of users.
Choose Xapo Bank Card if…
- You want a fixed Bitcoin cashback rate: The Xapo Bank Card offers up to 1% Bitcoin cashback on qualifying purchases worldwide, providing a consistent and straightforward rewards structure.
- You value a zero foreign exchange fee: With its zero FX policy, the Xapo Bank Card ensures you get the card-network exchange rate without any additional markup, making it ideal for international spenders.
- You are willing to pay an annual fee for premium features: While the Xapo Bank Card comes with a USD 1,000/year membership fee, it includes benefits like the zero FX fee and Bitcoin cashback, which may be worth it for frequent travelers or high spenders.
- You are interested in custodial solutions: Both cards offer custodial solutions, but the Xapo Bank Card’s membership may provide additional security and peace of mind for those who prefer this approach.
Choose Coinbase Card if…
- You prefer a no-annual-fee card: The Coinbase Card has no annual fee, making it a cost-effective option for those who want to avoid recurring charges.
- You are based in the US and want to spend your crypto: The Coinbase Card allows users in most US states to spend USD and various cryptocurrencies held on Coinbase, with no spending fee, and automatically converts crypto to USD at the point of sale.
- You are interested in flexible rewards: While the rewards rate is not fixed, the Coinbase Card offers optional crypto rewards on purchases for US users, which may appeal to those who want to earn crypto back on their spending.
- You want to use your card with a wallet: The Coinbase Card supports wallet payments, allowing for more integrated and seamless transactions with your Coinbase wallet.
Bottom line
Ultimately, the choice between the Xapo Bank Card and the Coinbase Card depends on your priorities. If you are looking for a card with a fixed Bitcoin cashback rate and zero foreign exchange fees, and you are willing to pay an annual fee, the Xapo Bank Card might be the better option. On the other hand, if you prefer a no-annual-fee card and want the flexibility to spend your crypto in the US, the Coinbase Card could be more suitable. For more detailed insights into how we rate these cards, visit our rating methodology page.