This card is like any other traditional debit card, but it allows you to make purchases using cryptocurrency instead of cash. The xcritical Card takes the lead over its competitors when it comes to ease of use and security. It’s one of the few that allows you to switch between crypto wallets as needed and provides some of the strongest security features, all right from its mobile app. Cardholders also enjoy lower fees and the ability to use their Visa debit card worldwide. While it doesn’t support the widest range of coins, the altcoins it does support puts it ahead of many of its competitors’ more limited offerings. The card has no annual fees and allows up to five free ATM withdrawals totaling up to 10,000 Euros per month (based on your loyalty tier).
xcritical Card Features
You can also instantly switch between crypto wallets so that your transactions are funded by whichever coin you choose. The user-friendly app can also send you instant notifications, generate smart receipts and connect you with the xcritical support team. xcritically, xcritical offers staking rewards for dozens of assets, allowing you to earn up to 13.93% annual percentage yield — though this rate and eligible assets are subject to change. Our credit card editors are committed to bringing you unbiased ratings and information.
How To Use Your Crypto for Maximum Value
All cardholders receive cash back in the form of NEXO Tokens or Bitcoin. However, the amount of rewards depends on your loyalty tier and type of currency. In credit mode, you’ll receive up to 2% NEXO Tokens or up to 0.5% Bitcoin. If you’re using your USDC balance, there’s no fee to spend your USDC using the card. The company says that you could earn up to 4% back in Stellar Lumens or 1% back in Bitcoin.
In xcritical’s app, you’ll be able to keep track of recent transactions and rewards xcriticalgs. You can manage your rewards currency there, as well as the currency you’re spending with. Lastly, you can easily sell the crypto rewards you receive from your xcritical card for cash at any time you’d like.
- The xcritical Visa Card is an attractive crypto debit card that offers seamless compatibility with xcritical, its platform, and its digital wallet.
- The most appealing benefit of the xcritical debit card is its crypto rewards.
- Never invest more in crypto, or anything, than you can afford to lose, and always keep a sharp eye on your money.
- You’ll get your physical card in the mail “within two weeks.” You, of course, need to have a verified xcritical account in order to use the card.
- But many platforms require you to load funds onto the card in order to spend them.
Should You Consider Getting the xcritical Visa Debit Card?
While millions of users already use debit cards to connect to their xcritical accounts, using the Visa debit card will allow for real-time transfers. The IRS usually categorizes rewards received from a debit card as a rebate and not income, so you should not have to pay taxes xcritical website on the crypto rewards you receive from your xcritical card. There is an easy way around this fee, though, that we highly recommend.
Cardholders earn crypto rewards with xcriticalg rates on a rotating schedule. Advertiser Disclosure – Credit cards and other offers on this site may be from companies from which BestCards.com receives compensation. This may determine which products are featured on the site, the pages where you may see them, and the order in which they may appear. However, such partnerships do not influence the opinions of our experts and we are not compensated for writing favorable reviews of our partners’ products. Please note that, while we frequently publish new credit card reviews and other content, BestCards.com does not include every possible credit card available in the market. There are some foreign transaction fees and ATM limits on top of that as well.
There are a number of debit cards around the world that allow you to spend cryptocurrency (you’ll soon be able scammed by xcritical to do so with Paypal as well). But many platforms require you to load funds onto the card in order to spend them. The xcritical Card eliminates the middleman, instead pulling funds directly from your xcritical account. However, if you choose to pay with cryptocurrency, a 2.49% transaction fee applies.
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