Based Cash is the spending product from Based, and it is built around two ideas: deposit crypto or stablecoins, tap to pay anywhere Visa works, and get a serious chunk of your everyday subscriptions paid back.
Two tiers, both token-gated
Access isn't bought with a fee, it's bought with a lock-up: 10,000 BASED for 21 days gets you the Premium card, and 100,000 BASED gets Gold. Premium pays 2% cashback with a 1.5% FX markup on non-USD spend and a plastic card. Gold pays 4% cashback, 0% FX, up to USD 100 a month back on ChatGPT, Claude and Grok, 100% back on eligible Netflix, Spotify and YouTube subscriptions (capped at USD 20 a month), four airport lounge visits a year, and a 20g mirror-finish metal card with shipping waived. Cashback is paid in the BASED token, not cash, and it lands on your next monthly statement.
The deposit side
You fund Based Cash with USDC, USDT, SOL, HYPE or BASED, with no top-up fee on USDT and USDC. Rewards on your idle USD balance are advertised as coming in Fall 2026 and are not live yet, so the near-term value sits in cashback and the subscription rebates. Those rebates only apply when the merchant bills you directly - subscriptions billed through a telco or another intermediary don't qualify, the caps don't roll over, and Based states the rewards are promotional and can change with notice.
Reading the token requirement
The real cost of this card is the BASED exposure you have to carry for 21 days at a time, which is why it sits at Tier-3 in our crypto card directory despite the headline rewards. If you unstake, you keep the card until it expires but lose the benefits - cashback included. Based publishes a country availability checker, so confirm eligibility before locking anything up; the crypto wallet directory is worth a look if you'd rather not stake a token to get card perks.
