#11
Metamask Card
8.0/10
Ranked #12 of 32
Overview
The Bybit Card is a custodial Mastercard debit card tied to your Bybit exchange Funding Account. It spends fiat first at checkout and, if your fiat balance runs short, automatically liquidates a crypto asset you set as the payment priority using Bybit's One Click Sell rate plus a 0.9% conversion fee. A standout feature is Auto-Earn integration: idle USDT/USDC can keep earning yield (reportedly up to ~8% APR) right until the moment you swipe, so your spending balance stays productive.
Rewards run up to 10% but are heavily tiered — the realistic rate for most users is 2% on the base tier with a low monthly cap, and the 10% headline requires top VIP status. Cashback is issued as Bybit Card Points that convert to USDT (some sources say points, some say USDT directly — effectively USDT-redeemable, i.e. stable, not a volatile token). The card runs as separate regional programs with different fees and limits, and issuers vary by region (e.g. Moorwand Ltd and Harmoniie SAS for EEA/Switzerland). There is no US or Canada availability.
★ Bybit Card referral code
EY4WBZ1
Using Bybit Card's referral code at sign-up may unlock a welcome perk where the provider offers one. Availability and amounts are set by Bybit Card and vary by region — check their site for current terms.
Rating breakdown
How the Bybit Card scores across the categories we weigh into its overall 8.0/10.
Fees & value8.0
Rewards8.4
Ease of use8.6
Security & custody7.2
Availability7.8
Cashback & rewards
Bybit Card cashback is tiered from 2% (base/Tier 1) up to 10% (top Supreme VIP tier), determined by Bybit VIP level or monthly spend thresholds. The catch is the monthly caps: the base tier caps rewards very low (around $5–10/month), so spending $500 nets ~2% but $1,000 effectively halves to ~1%. Rewards are paid as Bybit Card Points redeemable for USDT (roughly 1,000 points ≈ 2 USDT), so the reward asset is USD-stable rather than a volatile token. A 0.9% crypto conversion fee applies when spending from crypto (not pre-converted fiat), so net returns are the headline rate minus ~0.9%. From Tier 2, users also get up to 100% rebates on subscriptions like Netflix, Spotify and ChatGPT, plus a +1% bonus on Pay Later installments. Cashback excludes crypto purchases, fees and transfers.
| Tier | Requirement | Cashback | Monthly cap |
|---|---|---|---|
| Tier 1 / Base | No VIP; base spend | 2% | ~$5–10/month |
| Tier 2 | VIP 1 or spend threshold | 3–4% + subscription rebates | ~$50/month |
| Tier 3–5 | Higher VIP / spend | 4–8% | Higher caps by tier |
| Tier 6 / Supreme (Infinite) | Top VIP | 10% | Highest cap |
Fees & limits
A snapshot of the typical fee structure. Always verify the live figures before applying, as providers adjust these often.
| Fee | Typical amount |
|---|---|
| Monthly fee | Free |
| Card issuance | $0 (virtual free; physical ~$5 one-time) |
| Card spend (USD)Fee on purchases made in US dollars | 0% (0.9% crypto conversion fee if not spending fiat) |
| FX fee (non-USD transactions)Charged when you spend in a currency other than USD | 0.5% (EEA) — varies by region, up to ~7% in Argentina |
| ATM withdrawals | First ~$100/month free, then 2% (plus ATM operator fees) |
How to get the Bybit Card
- 1. Open and verify a Bybit exchange account, completing KYC (Level 2 identity verification).
- 2. Confirm the card is available in your region (separate regional programs apply).
- 3. Apply for the Bybit Card in the app, virtual card approval can take minutes (up to 7 working days in some cases).
- 4. Fund your Bybit Funding Account with fiat and/or supported crypto (USDT, USDC, BTC, ETH, XRP).
- 5. Add the virtual card to Apple Pay, Google Pay, or Samsung Pay and start spending.
- 6. Order the physical card (small one-time fee) for in-store and ATM use where supported.
Pros & cons
Pros
- Up to 10% tiered cashback (2% base), redeemable in USDT — a stable reward asset
- No annual or monthly fee; virtual card is free
- Auto-Earn lets idle USDT/USDC earn yield while staying spendable
- Fiat-first spend logic can avoid the 0.9% crypto conversion fee
- Up to 100% rebates on subscriptions (Netflix, Spotify, ChatGPT) from Tier 2
- Apple Pay, Google Pay and Samsung Pay supported; global Mastercard acceptance
- Strong card controls (instant freeze, limits, toggles)
Cons
- Custodial: funds sit in your Bybit account, not self-custody
- Top cashback tiers require high VIP status or heavy spend; base cap is very low
- 0.9% crypto conversion fee unless you pre-convert to fiat
- FX fees vary sharply by region (0.5% EEA, up to ~7% in Argentina)
- Not available in the US or Canada; EEA availability is in flux (see note)
- Spending non-stablecoin crypto is a taxable disposal in many countries
- Bybit suffered a $1.4B hack in Feb 2025 (users were reimbursed), custodial risk is real
Is It Worth It?
Best for active Bybit traders in supported regions who already hold crypto on the exchange and can reach VIP tiers for meaningful cashback. Strong for users who value earning yield on idle balances while keeping them spendable, and who spend on rebate-eligible subscriptions. A weaker fit for anyone wanting self-custody, US/Canada residents, or heavy non-USD spenders where regional FX fees erode rewards.
Frequently asked questions
Does the Bybit Card offer cashback?
Yes — tiered from 2% up to 10%, based on VIP level or monthly spend, paid as points redeemable in USDT. Monthly caps apply and the base tier's cap is low, so most users realistically earn around 2%.
Is the Bybit Card available in my country?
It runs as regional programs across Switzerland, Australia, LATAM (Brazil, Argentina, Mexico), the AIFC region and parts of APAC. It is not available in the US or Canada. EEA availability is disputed between sources, verify in the app.
Does the Bybit Card require KYC?
Yes. You need a KYC-verified Bybit account (typically Level 2 identity verification) to apply.
Is the Bybit Card custodial or self-custodial?
Custodial. It spends from your Bybit Funding Account, so Bybit holds your crypto — you don't control private keys.
What network does the Bybit Card run on?
Mastercard, accepted globally, with Apple Pay, Google Pay and Samsung Pay support.
What are the main fees?
No annual fee. A 0.9% crypto conversion fee applies when spending crypto (0% if spending pre-converted fiat), plus a regional FX fee (0.5% in the EEA), and ATM withdrawals are free up to ~$100/month then 2%.
