What is the Anodos Card?
The Anodos Card is a Visa credit card being built by Anodos Labs for users of the Anodos app. The card programme is issued by Third National under licence from Visa, and it is a secured account: spending is backed by crypto collateral held in your own linked wallet rather than by a deposit balance. Anodos charges 0% interest on purchases, and revenue comes from three optional plans plus a tiered set of FX, ATM and transfer fees.
It is not generally available yet. Anodos opened closed beta access in September 2026 and 1,000 places went within days. The iOS build is distributed through TestFlight and the Android build as a direct APK, and the team has said the full launch — complete neobank layer, virtual accounts, Visa cards and 24/7 asset access — is coming in the months ahead, with no date named. The fees and card terms, however, are already published, which is what this page works from.
How the card works
This is the part that separates it from a prefunded crypto card. You link a wallet holding collateral on a supported chain — Ethereum, Polygon, Optimism or Arbitrum — and that collateral secures the charges you make on the card. You spend first and repay the card afterwards; there is no top-up balance sitting in the card.
Because the account is secured, there is a defined liquidation path. A liquidation event occurs if an outstanding card obligation is not paid within one calendar day of becoming due, or if the market value of your collateral falls below the value of your outstanding charges and you neither add collateral nor pay the balance down. Anodos or the issuer may allow a grace period at their discretion, and any gas costs for a liquidation transaction are paid out of the collateral. That is the trade-off of the model: your crypto is working capital for the card, and it is encumbered. Borrowing against crypto collateral is covered in more depth in the crypto lending platforms directory.
Anodos publishes two card programmes with slightly different paperwork: a US consumer programme set up as a credit account with a set credit limit and payment due 21 days after the close of each billing cycle, and an international consumer programme that applicants attest is not for US residents. Both carry the same plan pricing and FX tiers, but the penalty schedules differ.
Plans: Free, Pro and Elite
The card is free to hold, and the plans change what you pay per transaction rather than whether you can use it. Free costs nothing and carries a 1.50% FX fee. Pro is $9.99 a month or $99.90 a year and cuts FX to 1.25%. Elite is $29.99 a month or $299.90 a year and cuts FX to 1.00% while raising the ATM ceiling to $15,000 a month. Someone spending heavily in a currency other than USD will find the higher tiers pay for themselves surprisingly quickly, which is clearly the intent.
The wallet behind the card
The collateral has to live somewhere, and Anodos ships its own Anodos Wallet: a self-custodial account created in seconds with passkeys instead of a seed phrase, using MPC key shards through Palisade (the security firm acquired by Ripple) so the full private key never exists in one place. Anodos states it never holds, custodies or manages user funds. The counterpart is worth reading carefully: if you lose every registered passkey and have not backed it up to a synced manager such as iCloud Keychain, Google Password Manager or 1Password, Anodos cannot recover the account for you.
Where the card can and cannot be used
Anodos publishes exclusions rather than a supported-country list, which suggests broad coverage: the card cannot be issued to residents of Belarus, China (Mainland), Cuba, India, Iran, Iraq, Israel, Myanmar, Nepal, Nicaragua, North Korea, Russia, Syria, Turkey, Ukraine, Venezuela and Vietnam, while applicants in Nigeria, Sri Lanka and South Africa need enhanced review and explicit approval. Spending itself is blocked in Cuba, Iran, North Korea, Russia, Syria, Ukraine and Venezuela. If you are in one of the excluded countries, the rest of the Anodos app is unaffected; the card is the only restricted part.
Who it suits
The Anodos Card is aimed at people who already hold crypto collateral and want to spend against it without selling: no interest on purchases, Visa acceptance, a virtual card issued inside the app, and a fee schedule that gets genuinely competitive on Elite. It suits that user considerably better than it suits someone looking for cashback, an instant unsecured card, or a product they can order today — it is pre-launch, it is a credit account, and your collateral is at risk if the balance is not managed. Compare it with the other crypto-backed and virtual cards in the crypto cards directory, including cards that skip identity checks altogether, such as the 1inch Card.
