Crypto debit cards compared: RedotPay, Bybit, Crypto.com and more

Spending crypto you already hold, usually stablecoins such as USDT or USDC, normally means selling it on an exchange and wiring the money to a bank first. A crypto debit card skips that step. Those looking at one are often freelancers paid in stablecoins, and residents of India or the UAE weighing cards such as RedotPay, Binance or Bybit.

It is also a guide to when not to bother. A crypto card adds fees, tax paperwork and a company that holds your money. For many people a normal multi-currency account does the same job more cheaply. This guide sets out the trade-off with figures from each provider’s own pages, and says plainly where I could not confirm availability.

How a crypto debit card works

Almost every product sold as a “crypto debit card” works the same way:

1. You keep crypto in an account inside the provider’s app. The provider holds it for you.
2. When you pay, the app sells enough crypto to cover the purchase.
3. A card issuer, usually a regulated payments company in some country, pays the merchant in normal money over Visa or Mastercard.

The merchant never touches crypto. You are relying on the app, the card issuer and the card network all at once. And because step 2 is a sale, each card payment can be a taxable disposal of crypto where you live. More on that below.

The fees to compare

Fee	What it is
Card issuance	One-off charge for a virtual or physical card
Crypto conversion	Percentage charged when the app sells your crypto to fund a payment
Foreign exchange	Percentage charged when you pay in a currency other than the card’s own
ATM	Percentage or flat fee per withdrawal, often after a free allowance
Top-up	Charged when you fund the account by card or another payment service
Spread	The gap between the price you get and the market price; often not shown as a fee
Small or declined transactions	Some cards charge after a monthly number of these

A card advertising “0% fees” can still be expensive through the spread or the FX rate. Add up a realistic month, including one or two ATM withdrawals.

Comparison table

Card	Card cost	Conversion fee	FX fee	ATM	India	UAE	US
RedotPay	10 USD virtual, 100 USD physical	1%	1.2% on non-default currency	2% (USD card, up to 10,000 USD a month), then 3%	Card not issued	Not on restriction lists	Not available
Binance Card	Not verified	Not verified	Not verified	Not verified	No programme found	No programme found	No programme found
Bybit Card (Asia Pacific)	Free virtual, 5 USDT physical	0.9%	2%	Free up to 100 USD a month, then 2%	Not confirmed	Not confirmed	No programme found
Crypto.com Visa (USD cards)	Tiered; base tier has no subscription	Not published as one figure	Varies by region and tier	Free 200 to 1,000 USD a month by tier	No programme found	No programme found	Yes (credit card)
Coinbase Card	Not verified	Spread applies	Not verified	No Coinbase ATM fee; operator fees apply	No	No	Yes

“Not verified” means I could not confirm the figure from the provider’s own page on 11 November 2026. “Not confirmed” means the provider does not publish a clear country list.

RedotPay

RedotPay is a stablecoin-based card that works online, in shops and, with a physical card, at ATMs. Its help centre fee table (dated July 2026) lists:

• Card issuance: 10 USD for a virtual card, 100 USD for a physical card. Standard mail delivery is free; express delivery is charged by country.
• Spending: no fee in the card’s default currency, 1.20% for other currencies, plus a 1.00% “transaction fee” that RedotPay defines as the cryptocurrency conversion fee.
• ATM (USD card): 2% while your monthly withdrawals are 10,000 USD or less, 3% above that. RedotPay lists limits of 3,750 USD a day and 50,000 USD a month, but says some countries get lower limits of 3,000 USD a day and 10,000 USD a month.
• Small or declined transactions: the first five transactions of 1 USD or less each month are free, then 0.20 USD each. The first three declined transactions are free, then 0.50 USD each.
• Account maintenance: waived, and crypto deposits are free.

Availability is the key point for this site’s readers. RedotPay’s “Card Issuance Restrictions” page, dated August 2026, lists countries whose residents cannot get a virtual or physical card. India and the United States are both on it, along with Indonesia, Nepal, Singapore, Turkey and others. The US is also on its list of locations where the app cannot be used at all. The UAE did not appear on these lists when I checked. That means RedotPay does not block UAE residents. It does not mean a UAE regulator has approved the card.

Top-up and KYC: you fund it by depositing crypto. Identity verification is required, and RedotPay says citizens of the countries on its unsupported list cannot complete it.

Binance Card

Binance’s card history is a good example of why availability claims go stale.

• Europe: Binance’s European Visa debit card stopped working on 20 December 2023 after its issuer, Contis, stopped issuing it, as Cointelegraph reported at the time.
• Brazil: Binance and Mastercard launched a card for Binance users in Brazil in October 2025, according to The Paypers. Crypto is converted to local currency at checkout.
• Elsewhere: third-party trackers describe further regional programmes, mostly in Latin America and Asia-Pacific. Binance’s own older card FAQ pages now return “This article does not exist”, and I could not confirm a current country list or fee schedule from Binance itself.

I found no Binance card programme for India, the UAE or the US. If you see one advertised, check it inside the Binance app’s own eligibility screen, not on a reseller or referral site.

Bybit Card

Bybit runs separate regional card programmes: Argentina, Australia, Brazil, Georgia, Kazakhstan (AIFC), Mexico, Peru and a broader “Asia Pacific” programme. Bybit’s fee page (updated 6 November 2026) lists these figures for the Asia Pacific card:

• Virtual card free; physical card 5 USDT.
• 2% foreign exchange fee on top of the card network’s rate.
• 0.9% crypto conversion fee on top of Bybit’s sell rate.
• ATM withdrawals free for the first 100 USD a month, then 2%.

The Asia Pacific card is a USD-denominated Visa. It draws on your Bybit Funding Account and Flexible Easy Earn balance rather than a separate card wallet. Bybit’s FAQ says Asia Pacific and Australia applicants must also verify their residential address, and that only cardholders on Tier 2 or above can get the physical Asia Pacific card.

Bybit does not publish which countries make up “Asia Pacific”, so I could not confirm whether India or the UAE are included. The card has tiered rewards. Read the current reward terms in the app before you count on them.

Crypto.com Visa Card

Crypto.com’s card page sets out tiers for its USD cards:

Tier	Cost to hold the tier	Rewards on spending	Free ATM a month	ATM cap a month
Midnight Blue	Free	0%	200 USD	5,000 USD
Ruby Steel	4.99 USD a month, 49.90 USD a year, or 500 USD of CRO staked for 12 months	1.5%, up to a monthly cap	400 USD	10,000 USD
Jade Green or Royal Indigo	29.99 USD a month, 299.90 USD a year, or 5,000 USD of CRO staked	2.5%, up to a monthly cap	800 USD	10,000 USD

Rewards are paid in CRO, Crypto.com’s own token, so their value moves with that token’s price. Crypto.com also says cardholders cannot load crypto directly onto the prepaid card. Crypto is converted to the card’s currency first, and other fees “may apply depending on your jurisdiction and card tier”.

The card page carries disclosures for the US, Europe, Singapore, Canada, Australia, Brazil and the UK. In the US, Crypto.com now promotes a Visa Signature credit card with rewards in BTC or CRO. I found no Crypto.com card programme page for India or the UAE.

Coinbase Card (US only)

For US residents, the Coinbase Card is a Visa debit card that spends from your Coinbase balance. Coinbase says it charges no fees for spending US dollars or crypto, but a spread applies when it sells crypto for you, and ATM operators may charge their own fees. It is a US-only product.

Tax in India

India’s Income Tax Department treats crypto as a virtual digital asset (VDA). Its guidance says income from transferring a VDA is:

• taxed at a flat 30%, plus surcharge and cess;
• computed with no deduction except the cost of acquisition;
• not reducible by any loss, from VDAs or anything else.

Under section 194S of the Income-tax Act, 1961, the buyer or exchange must deduct 1% TDS on payments for a VDA transfer, subject to annual thresholds of ₹50,000 for “specified persons” and ₹10,000 for others.

From 1 April 2026 the Income-tax Act, 2025 replaced the 1961 Act. Tax commentators report that the VDA rules carried over with new section numbers, and CoinDesk reported that Budget 2026 kept the 30% tax and 1% TDS unchanged. Commentators disagree on whether the TDS thresholds survive in the new Act, so check this with a chartered accountant.

What this means for card spending. Each card payment funded from crypto is a sale of that crypto. In my reading of the rules, that sale is a VDA transfer, even when the crypto is a stablecoin and the gain is tiny. You need records of every one, and a loss on one sale cannot reduce tax on another. Ask your adviser how TDS applies when an offshore app makes the sale. I could not find official guidance specific to crypto cards.

India also requires crypto service providers that serve Indian users, including offshore ones, to register with the Financial Intelligence Unit (FIU-IND). In September 2026 FIU-IND issued non-compliance notices to 15 such platforms and sent takedown notices for their apps and websites. An unregistered platform can disappear from Indian app stores with little warning.

Tax in the US

The IRS says that paying for goods or services with virtual currency held as a capital asset is an exchange that produces a capital gain or loss. Every crypto-funded card payment is therefore a reportable disposal. Spending dollars or stablecoins already held at cost keeps the gain close to zero, but the record-keeping duty remains.

The UAE: VARA and the Central Bank

Two regulators matter.

• VARA, Dubai’s Virtual Assets Regulatory Authority, regulates the provision, use and exchange of virtual assets in and from the emirate of Dubai. It publishes a public register of licensed firms. Check that register before trusting a platform’s claim to be “regulated in Dubai”.
• The Central Bank of the UAE (CBUAE) regulates payments. Its Payment Token Services Regulation splits stablecoins into Dirham Payment Tokens and Foreign Payment Tokens. As summarised by the law firm CMS, a UAE merchant may not accept a foreign-currency stablecoin as payment unless it comes from a registered issuer and is used to buy virtual assets. Licensed firms may only move foreign stablecoins for that purpose too.

A 2025 federal decree-law also brought virtual-asset payment services expressly within the Central Bank’s scope, with a compliance deadline of 16 September 2026, according to Al Maazmi Lawyers.

How these rules apply to an offshore card that sells your USDT and pays a Dubai shop in dirhams over Visa is not spelled out in any public guidance I found. The merchant is paid in normal currency, but the card provider is still providing a crypto-to-payment service to a UAE resident. Treat the position as unsettled, prefer providers on the VARA register or holding Central Bank licences, and do not assume an app’s availability in the UAE means it is approved there.

Custody and counterparty risk

This is the risk most people underweight.

• Your balance is not a bank deposit. Crypto.com’s own Singapore disclosure warns that for e-money issued to non-Singapore residents, you may not be able to recover all your money if the issuer’s business fails.
• Card programmes close. Binance’s European card stopped within about two months of the announcement in 2023. If your card is your only way to reach your money, a closure or account review can leave you without access.
• High advertised yields are a warning sign, not a feature. Some card apps pay yield on balances. One stablecoin card app advertised “up to 12% reward rate” on its reserve account when I checked. Ask where that return comes from and who bears the loss if it fails.
• Freezes and KYC reviews. Every provider here requires identity checks and can freeze an account for review. Keep your documents current and expect questions about large or frequent deposits.

Who should and should not use these

A crypto card can make sense if:

• you are already paid in stablecoins and the alternative is several conversions and a slow wire;
• the card is clearly available to residents of your country, from the provider’s own eligibility screen;
• you keep only a month’s spending on it and record every transaction for tax.

Avoid one if:

• you live in India and want to spend crypto casually. The 30% tax with no loss set-off, the TDS question and the record-keeping make it expensive. Selling once on a registered Indian exchange and spending rupees is simpler to report;
• you would be relying on a provider that excludes your country, or that only works through a VPN or a foreign address. That breaks the provider’s terms and puts your balance at risk;
• you want a cheap travel card. A multi-currency account is usually cheaper for ordinary spending. See international payments and forex fees and free ATM withdrawals worldwide;
• the main attraction is cashback paid in a volatile token, or a yield that looks too good.

Before you order a card

• Confirm the card is issued to residents of your country on the provider’s own pages. RedotPay excludes India and the US; Binance, Bybit and Crypto.com do not publish a clear India or UAE programme.
• Add up issuance, conversion, FX and ATM fees for one realistic month.
• Treat every card payment as a crypto sale for tax. In India: 30%, no loss set-off, check TDS with a chartered accountant.
• In the UAE, check the VARA register and Central Bank licences, and treat stablecoin card rules as unsettled.
• Keep only what you will spend soon on the card. Hold savings with an insured bank.
• Keep a non-crypto backup card for travel.