Binance Card review
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- Deposit fee
- N/A
- Yield rate
- N/A
Our verdict
The Binance Card lets you spend crypto straight from your Binance account, converting it to fiat at checkout.
Binance Card is a prepaid card linked directly to your Binance account that converts crypto to fiat currency automatically at the point of sale.
It's aimed at people who already hold crypto on Binance and want to actually spend it, rather than simply holding it. The card also has a cashback of up to 3%. The amount you can get back depends on how much BNB you hold in your account.
Pros
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Spend crypto directly, converted to fiat automatically at checkout
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Cashback paid in crypto, scaling up the more BNB you hold
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No annual or monthly account fee
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Fast setup if you already have a KYC-verified Binance account
Cons
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FX fees can apply when spending in a currency different to your card's settlement currency
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0.9% crypto conversion fee
Details
Binance card
| Product Name | Binance Mastercard |
| Deposit fee | N/A |
| Funding methods | Cryptocurrency |
How does the Binance Card work?
You fund the card from your Binance wallet, choosing which crypto or stablecoin balances it draws from and in what order. When you tap or swipe, Binance converts the required amount into the local currency in real time and settles the transaction — the merchant never sees or handles crypto.
Because everything routes through your existing Binance account, setup mostly comes down to identity verification: you'll need a KYC-verified Binance account before you're eligible to apply.
Cashback and rewards
The card's standout feature is cashback paid in crypto, with the rate tied to how much BNB you hold. The more BNB in your account, the higher your tier and payout rate.
Fees
Binance doesn't charge any annual card fees or issuance fees. But there are crypto conversion fees and foreign exchange fees, so be sure to watch out for those if you're using the card overseas or shopping internationally.
Is the Binance Card worth it?
If you're already an active Binance user holding a meaningful amount of BNB, the card is a genuinely convenient way to spend crypto without manually converting it first. The tiered cashback rewards long-term BNB holders.
As with any crypto product, remember your card balance is only as stable as the underlying crypto you hold until it's converted.
Your reviews
Richard Finder
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