Fizen Card

What Fizen is

Fizen describes itself as a crypto neobank for travellers and global citizens, and it has been building stablecoin-powered payments since 2022. In April 2025 Tether, the issuer of USDT, made a strategic investment in the company, which Fizen leans on heavily in its positioning around self-custody and stablecoin utilisation. The app bundles a crypto card, an eSIM store, scan-to-pay QR payments, cross-border transfers and a savings vault into one product aimed at people spending across borders.

The three cards

The card line is tiered by price. The Adventure Card costs $9.99 and is the one that is actually open now: it works in 160+ countries at 150 million+ merchants, supports Apple Pay and Google Pay, and includes QR scan-to-pay from the virtual card account in countries like Brazil, Argentina, Peru, Vietnam and the Philippines, which matters in places where card acceptance is patchy but QR payments are ubiquitous. The Pioneer Card at $999.99 and the Frontier Card at $9,999 are metal cards listed as coming soon, each adding a larger APR bonus on the USDT Vault and higher FiPoint cashback.

What the card charges

The published terms are unusually clean for a travel card: 0 top-up fees within plan limits, 0 crypto-to-fiat conversion fees and a free ATM quota. The gaps are in what is not documented - the size of the ATM quota, the plan limits themselves, the FiPoint cashback rate and the card network or issuing partner are all unstated. Fizen also markets fee-free US stock and ETF trading on the first $5,000 and a 5% APR bonus on its USDT Vault, which is a savings promotion rather than a card benefit.

Honest assessment

For a traveller who wants to spend USDT in Southeast Asia and Latin America, the combination of QR payments, a cheap card and zero conversion fees within limits is genuinely useful, and Tether's investment is a meaningful signal of backing. Everything else needs verification: the cashback rate is unpublished, the vault APR bonuses are promotional, the card is not fully self-custodial (the wallet is, the card balance is not), and Play Store reviews sit at 4.1 with some users complaining about crypto swap costs. Treat the $9.99 card as a travel spending tool and check the current plan limits before relying on the zero-fee claims.

Fizen's Adventure Card costs a one-off $9.99 and charges nothing on top-ups, which makes the Fasset Card — also a one-off $9.99 with no transaction fees — its closest stablecoin rival. The Holyheld Card is the alternative if you would rather spend from a non-custodial wallet. All three are compared in the crypto cards directory.

Cards

• Adventure Card: $9.99, open now, virtual card account with Apple Pay and Google Pay.
• Pioneer Card: $999.99 physical metal card, coming soon, with 10% APR bonus on the USDT Vault.
• Frontier Card: $9,999 physical metal card, coming soon, with 20% APR bonus on the USDT Vault.
• 100+ card skins available for physical cards.

Travel and payments

• Accepted in 160+ countries at 150 million+ merchants.
• Scan-to-pay QR payments in Brazil, Argentina, Peru, Vietnam, the Philippines and more.
• Discounts and cashback on eSIMs, hotels and flights.
• eSIM store and cross-border money transfer inside the same app.

Money and rewards

• 0 top-up fees within plan limits.
• 0 crypto-to-fiat conversion fees.
• Free ATM withdrawal quota included.
• FiPoint cashback on spending, with higher rates on Pioneer and Frontier cards.
• Bonus 5% APR on the USDT Vault, rising with card tier.
• 0 trading fee on US stocks and ETFs for the first $5,000.

Support

• Priority customer support on the Adventure Card.
• VIP support on Pioneer and Frontier cards.
• Affiliate programme for referring users.

Stablecoin-first design

Fizen is built around stablecoins, and USDT in particular - unsurprising given Tether's strategic investment. The card is funded by topping up a virtual card account from the Fizen wallet, and USDT is the asset the product is designed around, with USDC and major cryptocurrencies also supported for deposit and spending.

The USDT Vault

The vault is where Fizen's promotional rates live: a 5% APR bonus on the Adventure Card, 10% on Pioneer and 20% on Frontier. Those numbers are marketing bonuses tied to a card purchase rather than open-ended savings rates, and as with any stablecoin yield product they come with counterparty and protocol risk. Anyone weighing the higher-tier cards should treat the APR bonus as the reason those prices exist and ask what happens to the rate when the promotion ends.

Self-custody where it applies

Fizen markets self-custody, and that applies to the wallet: keys stay with the user for on-wallet holdings. The card balance is different - money topped up onto the card account sits with the card programme provider until it is spent, which makes the overall structure a hybrid rather than a fully self-custodial spending setup.

QR payments

Scan-to-pay lets the virtual card account pay by QR code in countries where local QR rails dominate, including Brazil, Argentina, Peru, Vietnam and the Philippines. For travellers in those markets this bridges crypto to the payment method merchants actually accept, and it is the feature that separates Fizen from cards that rely purely on Visa or Mastercard acceptance.

Card pricing

• Adventure Card: $9.99
• Pioneer Card: $999.99 (coming soon)
• Frontier Card: $9,999 (coming soon)
• Monthly and annual fees: none published

Published zero-fee claims

• 0 top-up fees within plan limits
• 0 crypto-to-fiat conversion fees
• Free ATM withdrawal quota
• 0 trading fee on US stocks and ETFs for the first $5,000

What is not published

• The FiPoint cashback rate
• The size of the free ATM quota and the cost of withdrawals beyond it
• The plan limits that the zero top-up and conversion fees are subject to
• Foreign exchange costs on non-USD card spending
• The card network and the issuing partner behind the card

The vault bonuses are not cashback

The headline numbers in Fizen's tier table - 5%, 10% and 20% APR on the USDT Vault - are promotional yields on a stablecoin savings product, not card rewards, and they scale with how much you pay for the card. A $999.99 card that adds a 10% vault bonus only makes sense if you intend to hold a large USDT balance there. The card's own rewards are FiPoint cashback at an unpublished rate, which cannot be compared with competitors until Fizen publishes the number.