Nexo Card

The Nexo Card is a dual-mode crypto card on the Mastercard network issued by Nexo, the digital assets wealth platform that has been operating since 2018 and now manages over $7 billion in assets. The card is unique in letting cardholders switch between Credit Mode and Debit Mode with a single tap inside the Nexo app — making it both a crypto debit card and a crypto credit card in one.

In Credit Mode, you borrow against your deposited crypto via a Nexo Credit Line (interest starting from 1.9% APR) so you can spend without selling. Your crypto stays deposited and continues earning interest while serving as collateral, and you earn up to 2% crypto cashback on every purchase. Repayment is fully flexible — no fixed schedule, no credit checks.

In Debit Mode, you spend your digital assets directly: stablecoins, crypto and FiatX assets like EURx, USDx and GBPx. You can prioritise which assets to spend first with a simple drag-and-drop, and Nexo handles the crypto-to-fiat conversion at the moment of purchase.

Both modes are accepted at over 100 million merchants globally wherever Mastercard is accepted. The card supports Apple Pay and Google Pay for tap-to-pay, offers up to €2,000 / £1,800 in free ATM withdrawals per month, and charges no monthly, annual or inactivity card fees. The virtual card is activated instantly — no waiting for delivery.

Integrated with the Nexo ecosystem

As a Nexo product, the card plugs directly into the broader Nexo wealth platform:

• Flexible Savings — earn up to 13% APY on your unspent balance, paid out daily.
• Credit Line — borrow against your crypto without selling.
• Exchange — swap over 100 digital assets with a tap.
• Loyalty Program — portfolio balance above $5,000 unlocks cashback, lower borrowing rates and free ATM perks; higher tiers available for NEXO token holders. New users get Nexo's Platinum tier on arrival for 30 days.
• Nexo Private — clients with $100,000 in assets access higher card spending limits, custom terms and a dedicated relationship manager.

Track record & security

Nexo is one of the longest-running digital asset lending platforms, having operated since 2018 with $7+ billion in assets under management and 24/7 personalized client care. Industry-grade custody, instant card freezes, security spending controls and biometic locks keep the card experience smooth and secure. Multiple industry awards include Digital Banker, Fintech Breakthrough 2024 & 2025, and INATBA 2025 recognitions.

Nexo is unusual in offering a credit mode that borrows against your holdings, so the closest comparisons are the ether.fi Cash Card and the Kraken Card for European holders who want to spend without selling. Both feature in our Best Crypto Cards round-up.

Two modes — switch with one tap

• Credit Mode — borrow against your crypto via a Nexo Credit Line (from 1.9% APR), spend without selling, and earn up to 2% crypto cashback.
• Debit Mode — spend your stablecoins, crypto, and FiatX assets (EURx, USDx, GBPx) directly, with Nexo handling the conversion.
• Toggle between modes in a single tap inside the Nexo app.

Up to 2% crypto cashback

• Earn crypto cashback every time you spend in Credit Mode.
• Top 2% rate unlocked via Nexo's Loyalty Program (portfolio balance above $5,000, with higher tiers for NEXO token holders).
• New users get Nexo's Platinum tier on arrival for 30 days — best yields and lowest borrowing rates, no NEXO tokens required to start.

Grow in the background — up to 13% APY

• Earn up to 13% APY on your unspent balance, paid out daily.
• In Credit Mode, the crypto you pledge as collateral keeps earning interest on the unused portion — so you can spend and still grow your portfolio.

Worldwide acceptance

• Payments at over 100 million merchants globally, anywhere Mastercard is accepted.
• Real-time crypto-to-fiat conversion at the moment of transaction.

Free ATM withdrawals

• Up to €2,000 / £1,800 in free ATM withdrawals per month.
• No card top-up fees ever.

Apple Pay & Google Pay

• Both supported for smooth, card-free, tap-to-pay transactions.

No card fees

• No monthly, annual or inactivity card fees.
• Instant virtual card activation — start spending right away, no waiting for delivery.

Industry-grade security

• Instant card freezes from the app.
• Security spending controls and biometric locks.
• Industry-grade custody; $7+ billion in assets under management.

Nexo Private — higher limits for $100k+ portfolios

• Clients with $100,000 in assets unlock higher Nexo Card spending limits, custom terms and a dedicated relationship manager.

Integrated into the Nexo ecosystem

• Flexible Savings — earn daily compound interest on your digital assets.
• Credit Line — borrow funds without selling your digital assets.
• Exchange — swap over 100 digital assets seamlessly with a tap.

The Nexo Card supports spending across Nexo's wide ecosystem of 100+ listed digital assets in Debit Mode, plus the FiatX tokenised fiat balances (EURx, USDx, GBPx). In Credit Mode you pledge any eligible Nexo-listed asset as collateral on the Nexo Credit Line.

Headline supported crypto assets

• BTC — Bitcoin
• ETH — Ethereum
• USDT — Tether
• USDC — USD Coin
• NEXO — Nexo native token (unlocks higher Loyalty tiers)
• EURx / USDx / GBPx — Nexo's tokenised fiat balances, spendable directly via the card
• LTC, XRP, SOL, ADA, DOT, LINK, MATIC, BNB, AVAX, DOGE, BCH, UNI, AAVE and many other major Layer-1, DeFi and stablecoin assets

You can prioritise which assets the card spends first using a simple drag-and-drop in the Nexo app — so you can, for example, spend stablecoins first while keeping BTC and ETH untouched.

Supported fiat (auto-conversion)

• EUR — Euro (via EURx or direct conversion)
• GBP — Pound Sterling (via GBPx or direct conversion)
• USD — US Dollar (via USDx or direct conversion)
• Local currencies at 100M+ Mastercard merchants worldwide, with real-time conversion at the moment of purchase

For the most up-to-date list of spendable assets on the Nexo Card, check the official Nexo app Card tab, as Nexo periodically adds new listed tokens to its ecosystem.

No card fees

• Monthly fee: None
• Annual fee: None
• Inactivity fee: None
• Issuance (virtual card): Instant virtual card activation with no issuance fee
• Card top-up fees: None

Cashback & interest

• Crypto cashback: Up to 2% in Credit Mode (top rate requires Nexo Loyalty Program, portfolio balance above $5,000)
• Daily interest on unspent balance: Up to 13% APY, paid out daily

ATM withdrawals

• Free ATM allowance: Up to €2,000 / £1,800 per month
• Standard ATM operator fees above the monthly free allowance

Credit Line (if you use Credit Mode)

• APR from: 1.9% — variable based on Loyalty tier
• Repayment: Fully flexible, no fixed schedule, no credit checks
• Pledged assets continue earning interest on the unused portion

Conversion & acceptance

• Real-time crypto-to-fiat conversion at the moment of purchase
• Accepted at 100M+ merchants globally wherever Mastercard is accepted
• Apple Pay and Google Pay supported

Nexo publishes the full jurisdiction-specific fee schedule inside the Nexo app and on its official legal pages; cardholders should review the official Nexo Card terms for their country of residence.