#31
THORWallet Card
5.2/10
Discontinued. Cypher has been acquired by Nium and is closing. Card loading and new applications stopped on 8 July 2026. The final rewards distribution is 16 July 2026. Cards stop working on 7 August 2026. The app, dApp and business platform go offline on 6 September 2026, which is also the last day to withdraw funds or claim rewards. Move your balance out and save your recovery phrase before that date. Nobody legitimate will offer to recover or move your funds for you.
Ranked #32 of 32
Overview
Cypher Card was a self custody Visa prepaid card that let people spend more than 500 cryptocurrencies across 15 or more blockchains while holding their own keys. The company was acquired by Nium and the product is winding down. Card loading and new card issuance ended on 8 July 2026. The last rewards distribution covers spending through 16 July 2026. Existing cards stop working on 7 August 2026. All Cypher platforms shut down permanently on 6 September 2026, and the CYPR token ecosystem winds down with them.
If you still hold a Cypher wallet, back up your recovery phrase, export your transaction history, and withdraw your balance before 6 September 2026. Withdrawals carry no fee during the wind down. Do not send new funds to Cypher deposit addresses.
Rating breakdown
How the Cypher Card scores across the categories we weigh into its overall 1.6/10.
Fees & value1.8
Rewards0.0
Ease of use1.1
Security & custody5.1
Availability0.0
Cashback & rewards
The Cypher Card does not currently offer cashback or a rewards program. It's built around simple, low-cost spending rather than earning points, which can be the better trade if you value low fees and simplicity over rewards.
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 | $Not specified |
| Card issuance | $50 physical (Standard); free metal card on Premium ($199/yr) |
| Card spend (USD)Fee on purchases made in US dollars | 0% on USD domestic spend (0.5% USDC load; 1% other tokens) |
| FX fee (non-USD transactions)Charged when you spend in a currency other than USD | 1.75% (Standard); 0.75% (Premium) |
| ATM withdrawals | 3% (cheaper on Premium) |
How to get the Cypher Card
- 1. Download the Cypher app (iOS/Android) or use the web dApp / Chrome extension.
- 2. Create a self-custody wallet with email or seed phrase, or connect MetaMask/Trust Wallet via WalletConnect.
- 3. Complete KYC (identity verification) and confirm your country/US state is eligible.
- 4. Get an instant virtual card; order a physical card ($50) or a free metal card on Premium.
- 5. Load the card from 500+ tokens across 15+ chains (no bridging needed); crypto converts to USD in-app.
- 6. Add to Apple Pay or Google Pay and spend at 150M+ merchants; claim $CYPR rewards every ~15 days.
Pros & cons
Pros
- Genuine self-custody, spend via seed phrase, email wallet, or WalletConnect; your keys, your crypto
- Broadest chain support of any card: 500+ tokens across 15+ blockchains (Cosmos, Injective, Hyperliquid, etc.)
- No bridging required, load directly from many chains
- 0% fee on USD domestic spending; free virtual card
- $CYPR rewards on every purchase with no staking requirement; boosted merchants pay much more
- Apple Pay and Google Pay; 150M+ merchants in 150+ countries
- Premium tier adds lower FX (0.75%), free metal card, higher limits, and fraud cover
Cons
- Service discontinued after the Nium acquisition, with all platforms closing on 6 September 2026
- Rewards paid in CYPR, a token whose ecosystem is winding down alongside the platform
Is It Worth It?
Best for self-custody-focused, multi-chain crypto holders — especially anyone holding assets on Cosmos, Injective, Osmosis, or Hyperliquid, where Cypher is often the only card option. Ideal for US-domestic spenders in eligible states (0% USD fee) who want to spend without surrendering keys, and for users comfortable with variable token rewards. A poor fit for those wanting the cheapest FX, predictable fixed cashback, or a card available in every US state.
Frequently asked questions
Is the Cypher Card still available?
No. Cypher was acquired by Nium and is winding down. New applications closed on 8 July 2026 and cards stop working on 7 August 2026.
What is the deadline to withdraw my funds?
6 September 2026. After that date the app, dApp and business platform go offline and the withdrawal window closes. Withdrawals are free during the wind down.
What should I do before Cypher shuts down?
Back up your wallet recovery phrase or private keys, download your transaction history, and withdraw your remaining balance. Stop sending funds to Cypher deposit addresses.
What happens to my CYPR rewards?
The final distribution was on 16 July 2026 and covered spending from 2 to 16 July. Claims close on 6 September 2026, when the CYPR protocol winds down.
