SwissBorg Card

What the SwissBorg Card is

The SwissBorg Card is a Mastercard debit card built directly into the SwissBorg app, announced under an official partnership with Mastercard and rolled out from early 2026. In its first stage it is a virtual card, usable online and in physical stores through Apple Pay, Google Pay or Curve.

How spending works

You choose a primary spending asset — BORG, BTC, ETH, SOL or one of the supported stablecoins — and can set several backup assets. At checkout the app instantly swaps from your chosen asset into the card's base currency, which is EUR, CHF or GBP depending on where you live. If your primary balance is too low, the card falls back to your backup assets automatically so the payment still completes. Only crypto wallets can be used: fiat wallets cannot fund the card.

How the rewards actually work

This is the detail most summaries get wrong. SwissBorg pays cashback in BORG, but it is calculated as a rebate of the exchange fee generated by the conversion, not as a percentage of your purchase. Depending on your Loyalty Rank you can receive up to 99% of that exchange fee back, which effectively makes the conversion near-free at the highest ranks rather than paying you a share of your spending.

Who can get it

The card is free, but eligibility is specific: a retail SwissBorg account with no restrictions, identity verification to KYC Level 2 with a verified photo ID and address, and residence in the EEA, the UK or Switzerland. The phased rollout began with Switzerland, Germany, France and most of the EEA.

SwissBorg's free virtual Mastercard converts BTC, ETH, SOL, BORG or stablecoins to the local currency at the moment of payment. imToken offers a multi-currency Mastercard through Swiss-licensed Fiat24, and SafePal adds a Swiss IBAN. Compare the conversion fees in our Best Crypto Cards directory.

Card basics

• Mastercard debit card issued as a virtual card in the first stage.
• Accepted at more than 150 million Mastercard locations worldwide.
• Completely free — no service fee and no annual fee.

Payment mechanics

• Automatic crypto-to-fiat conversion at the moment of payment.
• Choose one primary spending asset plus multiple backup assets.
• Payments settle in your base currency: EUR, CHF or GBP by residency.

Rewards

• Cashback paid in BORG on every purchase.
• The rebate covers up to 99% of the exchange fee at Elite Loyalty Ranks.

Security

• 3D Secure with app-based confirmation for online transactions.
• Instant card freeze and unfreeze from the app.
• 24/7 fraud and theft support by app and email.

Wallets and acceptance

• Apple Pay, Google Pay and Curve supported.
• Works online and in-store, at supermarkets, restaurants, transport, fuel stations and for online subscriptions.

Supported spending assets

At launch the card supports BORG, BTC, ETH and SOL, plus stablecoins including USDC, USDG, EUROP, VEUR, VCHF and VGBP. Availability of individual currencies varies by region for regulatory reasons.

Primary and backup assets

You nominate one primary asset for spending and one or more backups. If the primary balance cannot cover a purchase, the card automatically uses a backup asset so the transaction goes through rather than being declined.

No fiat wallets

SwissBorg is explicit that only crypto wallets can be used with the card — it is not possible to fund it from a fiat wallet. The card is therefore a pure crypto spending product, with conversion happening at the point of payment rather than from a pre-loaded euro balance.

Card fees

• Virtual card issuing: free
• Monthly fee: none
• Annual fee: none

SwissBorg states the virtual card is completely free, with no service or annual fees.

Exchange fee and cashback

Each transaction generates a small exchange fee as the app swaps your chosen crypto into the currency the merchant requested. Depending on your Loyalty Rank, you can receive up to 99% of that exchange fee back as BORG cashback, so the effective cost of conversion falls as your rank rises. This is a fee rebate, not a percentage of your purchase amount.

Foreign transactions

SwissBorg states it charges no additional FX fees. However, when you pay in a currency other than your card's base currency, Mastercard's own currency conversion rate may apply, so the final cost on foreign spending is set by the network rather than by SwissBorg.

Eligibility costs

Getting the card costs nothing, but you need a retail SwissBorg account with unrestricted permissions and identity verification to KYC Level 2, including a verified photo ID and address.