Nexo Card vs Bybit Card: which wins?

Cashback, annual fee, FX and ATM charges, custody and country availability — both cards on the same fields, taken from each issuer's published terms; each card page shows when its data was last verified.

HYBRIDNexo logo
CASHBACK
2%
ANNUAL FEE
Free
NEXO CARD
NEXO
MASTERCARD

Nexo Card

Nexo
  • No fees
  • Apple Pay
  • Google Pay
PREPAIDBybit logo
CASHBACK
10%
ANNUAL FEE
Free
BYBIT CARD
BYBIT
MASTERCARD

Bybit Card

Bybit
  • High cashback
  • No fees
  • No staking
  • Virtual card
OUR SCORE

How we rate them

Our own assessment, not a user rating — four criteria at 25% each, scored against each issuer's published terms. See the scoring model.

Editorial scores for the Nexo Card and the Bybit Card
CriterionNexo CardBybit Card
Overall3.8 / 53.8 / 5
Cost 25%4.5No monthly, annual or inactivity fee; FX is 0.2% on weekdays and 0.7% at weekends in the EEA, UK and Switzerland, with a free ATM allowance.3.5No annual or monthly fee, but FX is about 1–2% in most regions (7% in Argentina), plus a 0.9% conversion fee when spending crypto and 2% on ATM withdrawals above the regional allowance.
Conditions 25%4.0Cashback needs a $5,000 balance, and Gold's 1% needs about 5% of the portfolio in NEXO. Cashback is only paid in Credit Mode.3.5The 2% Tier 2 rate we score only needs $500 of monthly spend. But the advertised 10% needs $25,000 a month — more than four times the rate most people reach. In the EEA, spending no longer unlocks higher tiers for non-VIP cardholders.
Rewards 25%2.5Gold pays 1% — about $15 at $1,500 spend — in NEXO tokens; the BTC option pays much less.4.0At $1,500/month you qualify for Tier 2: 2% up to $50/month, about $30, paid as points convertible to USDT at a fixed rate. Tier 2 also adds 100% subscription rebates. In the EEA, non-VIP cardholders earn a flat 1% instead, about $15 at $1,500.
Reliability 25%4.0Long-running platform with clear, published card terms.4.0Established exchange with detailed card terms published per region, and our figures are verified against them.
Nexo Card

Nexo Card is a strong crypto card for users who already hold significant assets on Nexo. It combines Credit and Debit modes, up to 2% cashback in NEXO or 0.5% in BTC, useful ATM allowances and no monthly, annual or inactivity fees. However, the $5,000 balance requirement and NEXO portfolio requirements for higher rewards significantly raise the barrier to entry, while FX fees vary by region and day. Overall, Nexo earns 3.8/5 for its strong rewards and mature product, but its eligibility requirements prevent it from reaching the top tier.

Bybit Card

Bybit Card is a strong choice for active Bybit users, but its headline 10% cashback is far less attractive than it looks. The card has no annual or inactivity fees, a solid 2% base reward, six spending-based tiers, and valuable subscription rebates from Tier 2+. But the best rewards require very high monthly spending, cashback is capped, and regional FX, crypto-conversion and ATM costs can seriously reduce its value. For frequent Bybit users who can reach the higher tiers, it is competitive; for casual users, the 10% headline should not be the reason to choose it.

QUICK VERDICT

Who wins on what

  • HIGHER HEADLINE CASHBACK
    Bybit Card
    Up to 10% vs Up to 2%
  • NO TOKEN LOCK-UP
    Bybit Card
    headline rate without staking

Only stated where the published data supports it. A card with a tiered or conditional fee is not counted as free.

THE SHORT VERSION

How they actually differ

  • Nexo Card is a hybrid card while Bybit Card is a prepaid card — that changes how you fund it, not just what it pays.
  • Rewards arrive in different assets: NEXO Tokens or BTC on the Nexo Card, Reward Points, convertible to USDT cashback (1 point = 0.002 USDT) on the Bybit Card.
EVERY FIELD

Nexo Card vs Bybit Card, side by side

Full field-by-field comparison of the Nexo Card and the Bybit Card
FieldNexo CardBybit Card
Card typeHybridPrepaid
NetworkMastercardMastercard
Max cashbackUp to 2%Up to 10%
Rewards paid inNEXO Tokens or BTCReward Points, convertible to USDT cashback (1 point = 0.002 USDT)
Annual feeFreeFree
Monthly feeNoneNone
FX feeEEA/UK/CH: 0.2% weekdays and 0.7% weekends; Rest of World: 2% weekdays and 2.5% weekendsVaries by region
2% (Australia, Asia Pacific, Georgia), 2% international fee (Kazakhstan/AIFC), 7% (Argentina), 1.5% (Brazil), 2% (Mexico), 1% (Peru)
ATM feeNone for Base; free up to €2,000/mo for PlatinumFree up to the monthly regional allowance
then 2% (e.g. $100 USD in Australia/APAC/Georgia/Kazakhstan; 95,000 ARS in Argentina; 550 BRL in Brazil; $100 USD/1,800 MXN in Mexico). ATM operator fees may also apply. ATM withdrawals are not supported in Peru.
Crypto conversionNo separate card conversion fee published on the current Nexo Card page; Nexo handles conversion when spending digital assets0.9% (0.5% in Argentina) on top of Bybit's One-Click Sell rate, when funding from crypto rather than fiat
Crypto conversion is not supported in Peru.
Where it worksAustria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United KingdomEEA, Switzerland, Australia, Brazil, Argentina, Mexico, Peru, Georgia, Kazakhstan (AIFC), Asia Pacific
Rebates—TradingView, Financial Times, Shahid, iQIYI 100% Reward Points, ChatGPT Plus, Claude Pro, Netflix, Spotify 100% Reward Points
Self-custodyNoNo
No staking neededNoYes
Apple PayYesYes
Google PayYesYes
Virtual card—Yes

A dash means the issuer has not published that figure — it does not mean zero. See our methodology for how each field is verified. Rewards and availability change often and vary by region. Not financial advice.

GO DEEPER

Read the full review of each

Nexo Card review →Bybit Card review →Compare three cards instead

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