Debit Cards

Binance Crypto Card review: making crypto usable

Read this Binance Crypto Card review and find out how this card lets you use your crypto for real-world purchases.

Advertisement

Draw on your Binance crypto holdings with this convenient debit card

binance crypto card
Learn how the Binance Crypto Card works! Source: The Post New.

Launched in late 2020, this card is already a popular option with 60  merchants in over 200 countries around the world. Learn more about it in this Binance Crypto Card review.

binance crypto card

Binance Crypto Card application process

In this Binance Crypto Card application guide we are going to show you how to get this card to make real-world transactions with crypto.

  • Credit Score: N/A
  • APR: N/A
  • Annual Fee: $0
  • Fees: Up to 0.9% transaction fees (payment and ATM withdrawals, 25 euros for reissuance of the physical card.
  • Welcome bonus: N/A 
  • Rewards: Up to 8% BNB cash back on all purchases depending on card level and amount of BNB staked.

Binance is one of the most powerful crypto platforms in the world, and now it has its own debit card.

In this article you will learn about this card’s fees, cash back, limits, supported countries and fiat currencies, deposits, withdrawals, and much more.

Binance Crypto Card: how does it work?

The Binance Crypto Card is a crypto debit card which supports payments with  Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Swipe’s SXP token, and Binance’s own stablecoin, Binance USD (BUSD).

The card converts your crypto holdings to fiat currency in real time when you make a transaction.

Since it is a Visa debit card, you can use your Binance Crypto Card at over 60 million merchants all over the world.

The card has its unique cash back system, which makes it possible for you to earn up to 8% cash back on eligible purchases.

The cash back is in BNB, and the amount you make will depend on how much BNB you are holding on Binance.

For instance, if you are not holding any BNB, you have a level 1 card, which earns 1% cash back. A level 2 card requires that you hold 10 BNB so that you earn 2% cash back.

If you are holding 50 BNB, that is a level 3 card with 3% cash back. 200 BNB gets you a level 4 card with 4% cash back.

A level 5 card requires 500 BNB for you to earn 5% cash back. 2,000 BNB makes you eligible for a level 6 card with 6% cash back.

And finally, a level 7 card requires 6,000 BNB and earns you 8% cash back

Significant benefits and disadvantages you may find

binance crypto card
The mobile app will give you full control over your expenses. Source: The Post New.

Now that you are familiar with the ins and outs of this card, how about a comparison between its pros and cons? Our Binance Crypto Card review would not be complete without it. Check it out.

Benefits

  • The card is light on fees
  • Earn up to 8% cash back
  • Decent limits
  • Widely accepted

Disadvantages

  • Supports a limited number of countries
  • Not available in the United States
  • Different crypto taxation for each country

Is a good credit score required for applicants?

The Binance Crypto Card is a debit card. Most debit cards do not require a credit score from applicants and this one is no exception in this regard.

Learn how to apply and get a Binance Crypto Card

Do you like what you have seen so far in this Binance Crypto Card review? Then how about taking the next step and applying for the card?

Click the link below and we will show you step by step how to get this card.

binance crypto card

Binance Crypto Card application process

In this Binance Crypto Card application guide we are going to show you how to get this card to make real-world transactions with crypto.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

Trending Topics

content

Is it worth signing your credit card up for autopay?

Signing your credit card up for autopay means you’ll never miss a monthly payment. But there are pros and cons to this method. See more here!

Keep Reading
content

Eastern Bank Personal Loans application

The Eastern Bank Personal Loans application is simple, and you can apply online in five minutes. Read on to get the complete walkthrough.

Keep Reading
content

Chase Bank application

The Chase Bank application process is easy! Learn how it works and what you can expect from one of the nation’s biggest banking institutions.

Keep Reading

You may also like

content

How to get your Blue Cash Preferred® Card from American Express

See how the Blue Cash Preferred® Card from American Express application process works and what you need to do to request this card.

Keep Reading
content

Learn how you can build credit without a credit card

Learn how to build your credit history without a credit card. We'll show you the ropes with helpful advice to help you achieve your goals.

Keep Reading
content

Kohl’s Card application: Maximize Your Rewards on Kohl’s Purchases

Check out this Kohl’s Card application guide to learn how to get this card fast and start getting monthly discount offers.

Keep Reading