In this guide

  • Our verdict
  • Details
    • CryptoSpend Card
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
CryptoSpend Card

CryptoSpend Card isn't available on Finder right now.

Deposit fee
$0
Yield rate
Up to 3%
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Our verdict

Want to spend your crypto like cash? Here’s what you need to know about the CryptoSpend prepaid Visa card.

The CryptoSpend card offers Aussie customers a simple way to get started spending crypto and earning rewards.

Being linked to the banking system means you can send assets directly to bank accounts and pay bills using crypto, which is instantly converted to cash.

CryptoSpend offers up to 3% XRP back on all crypto purchases made. However, this offer is capped at $150 worth of XRP per month and will end at CryptoSpend's discretion; the exact end date of the XRP rewards program is unknown.

The CryptoSpend card is beginner-friendly and easy to set up. All you need is a verified CryptoSpend account.

Once your account is verified, you can download the mobile app, link the card to your Google Pay or Apple Pay and start spending your crypto like any other debit card. You also have the option to order a physical Visa debit card.

The biggest drawback of the CryptoSpend card is the limited number of coins and tokens available. Some similar products offer crypto spending on a much wider range of cryptos and altcoins.

Pros

  • Payments accepted at all Visa merchants
  • Supports Apple Pay and Google Pay
  • Physical and virtual card available
  • Manage your account and purchase crypto via the CryptoSpend app
  • Pay bills and send money using crypto or AUD

Cons

  • Limited number of cryptocurrencies available
  • Maximum redeemable rewards capped at AUD$150 worth of XRP per month

In this guide

  • Our verdict
  • Details
    • CryptoSpend Card
  • Your reviews
  • Ask a question

Details

CryptoSpend Card

Product Name CryptoSpend Card
Yield rate Up to 3%
Deposit fee $0
Supported cryptocurrencies BTC, ETH, LTC, XRP, XLM, LINK, AAVE, UNI, ADA, SOL, DOT, MATIC, MANA, USDC, USDT, BCH
Funding methods Crypto wallet
Yield rate on BTC Up to 3%
Yield rate on ETH Up to 3%
Yield rate on LTC Up to 3%
More Info

How does the CryptoSpend Visa card work?

The CryptoSpend card works the same way as any regular prepaid debit card and can be used anywhere that Visa is accepted.

You can pay for goods and services using a range of supported cryptocurrencies which are instantly converted to AUD at the time of purchase.

You can earn up to 3% XRP rewards on all purchases made using your CryptoSpend card which includes transactions made in crypto and Australian dollars.

Rewards and crypto spending can be tracked directly through the CryptoSpend app.

Main features

  • Spend crypto like cash. Make purchases in-store and online anywhere that Visa is accepted.
  • Automatic conversions. Pay with cryptos, including BTC, ETH and XRP, and your CryptoSpend card will manage the conversion to AUD during the payment process.
  • Mobile-friendly. The CryptoSpend app makes viewing your rewards, spending history and balance details easy.
  • Fees. CryptoSpend has zero annual fees and no cost associated with applying for a debit card.
  • Apple and Google Pay. All transactions are handled directly through your mobile device whether it's iOS or Android, you just need to have Apple Pay or Google Pay installed.

Is the CryptoSpend Visa card safe? What are the risks?

Risks associated with the CryptoSpend card are much the same as a normal Visa card. This means that your card should always be kept in a secure location and your PIN should not be shared with anyone.

Phishing scams are common in the crypto space, so make sure to always check your transfers and only transact through the official CryptoSpend app that is linked to your Apple or Google Pay wallet.

Cryptocurrencies are volatile by nature; always keep an eye on the market and monitor your account balance, as your spending balance will fluctuate with market movements.

Take a look at the CryptoSpend card

Cryptospend App
Cryptospend App
Cryptospend App

How does this compare to a traditional debit card?

The CryptoSpend card is unlike traditional debit cards in that it is prepaid and cannot be linked to a personal bank account. Your spending balance must be topped up manually via the CryptoSpend app.

How experienced with crypto do you need to be to use the CryptoSpend prepaid debit card?

CryptoSpend offers a beginner-friendly way to purchase cryptocurrencies. Spending via the CryptoSpend card is simple and hassle-free. Tap and pay with Apple Pay or Google Pay means you don't have to worry about private keys or Web3 wallets.

What cryptocurrencies can I use with a CryptoSpend card?

Purchases made with the CryptoSpend card can be made using any cryptocurrencies held in your wallet or AUD.

Cryptos available for spending include:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Bitcoin Cash
  • USD Coin

Where can I use the CryptoSpend card?

You can use your CryptoSpend card anywhere you see a PayPass logo. This includes all traditional payment vendors that accept Visa.

The CryptoSpend card can also be used to pay bills and send money. As long as you have a PayID or BSB and account number, you can send funds to friends, family or pay your bills. The crypto will instantly be converted to AUD and sent to the recipient.

Fees and exchange rates

There are no fees other than card issuance. CryptoSpend makes money off the spread of crypto.

Eligibility and how to apply for a CryptoSpend card

The CryptoSpend card is available to Australian customers with a verified CryptoSpend account.

Once your CryptoSpend account has been verified you can apply for the Visa debit card in a few simple steps:

  1. Download the CryptoSpend app on your selected mobile device.
  2. Verify your account by completing the KYC process.
  3. Fund your account with AUD or deposit cryptocurrencies directly into your CryptoSpend wallet.
  4. Add the CryptoSpend card to your Apple or Google Pay account and you're ready to start spending – you will also be given the option to order a physical card.
  5. Accept the terms and conditions.
  6. Start spending and earning rewards.

Alternatives to CryptoSpend

1 - 3 of 12
Name Product Mobile view crypto Yield rate Deposit fee Supported cryptocurrencies
CoinJar Card
  • Yield rate

    N/A
  • Deposit fee

    1%

  • Supported cryptocurrencies

    12
N/A
1%
12
Spend crypto using the CoinJar Card with a flat 1% conversion fee, which is returned in CoinJar Reward Points.
CoinSpot Card
  • Yield rate

    N/A
  • Deposit fee

    $0

  • Supported cryptocurrencies

    4
N/A
$0
4
Use the CoinSpot Mastercard online or in person to pay using your crypto. This prepaid debit card has zero annual fees and can link to up to 5 wallets per card.
Crypto.com Midnight Blue Visa Card
  • Yield rate

    N/A
  • Deposit fee

    1%

  • Supported cryptocurrencies

    6
N/A
1%
6
Convert your crypto to fiat currency by loading it onto the card and enjoy no annual fee. You can also withdraw up to AUD$200 each month and pay no ATM fees (2% fee thereafter)
loading
Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Billy Finder

Cryptocurrency writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site