Based Card
- Built on Hyperliquid, perfect for non-custodial traders
- Reasonable crypto-to-USD conversion cost, ~1%
- 170+ countries supported
- $11.5M Series A raised in Feb 2026 - strong beginnings
- No Apple Pay
- ATM Withdrawals not Enabled
- Monthly cashback caps are tiny
- Need to stake >$500 worth of $BASED to get a card issued
-
Key Features
Your Based Card: Built on Hyperliquid for non-custodial traders, with 2% cashback, supporting 170+ countries.
Based Card Benefits and Rewards
Based Card offers 2-4% cashback, but the monthly cashback caps are pretty low:
| Tier | Cashback | Cashback Cap | Extra Bonuses |
| Orange
(coming soon) |
0% | – | – |
| Hype
10,000 $BASED Staked ~700 USD¹ |
2% | 20$ | $10/month on ChatGPT & Claude |
| Gold
100,000 $BASED Staked ~7,000 USD¹ |
4% | 100$ | $20/month on Netflix + $100/month on ChatGPT & Claude. Plus, 4 airport lounge visits per year. |
You receive cashback in $BASED tokens at the start of each month. Since the $BASED token has already launched (TGE was in March 2026), you can convert the cashback into USDC or USDT right away and then spend or withdraw it.
Reality CheckSome other crypto cards advertise higher cashback %, but you may end up earning less because their monthly cashback caps are much lower. When compared at the entry-level tier, Based Card's 2% cashback offers similar value comparing to competitors:
| Based Card | Industry Average1 | |
| Entry Level Cashback | 2% | 1% |
| Entry Level Cashback Monthly Cap | 20 USD | 50 USD |
Based Card Tiers - Membership Levels
Here are Based membership levels, pricing and benefits for each plan. Pick the one that makes sense for your budget and the perks you actually care about.
 Orange Tier Coming Soon |
 Hype Tier LIVE |
 Gold Tier LIVE |
|
| Price | $0 | 10,000 $BASED staked (~ $691 USD) |
100,000 $BASED staked (~ $6,910 USD) |
| Cashback | 0% | 2% ($20 monthly cap) |
4% ($100 monthly cap) |
| FX Fee | 2.5% | 1.5% | 0% |
| Daily Spend Limit | $3,000 | $3,000 | $30,000 |
| Airport Lounge Access | - | - | |
| Invite-Only Events | - | - |
You can choose from these card designs depending on your tier:
|
Orange Tier
Coming Soon $0
|
Based Orange Card
|
|
Hype Tier
LIVE 10,000 $BASED staked
(~ $691 USD) |
Based Hype Card
|
|
Gold Tier
LIVE 100,000 $BASED staked
(~ $6,910 USD) |
Based Gold Card
|
Based Card is a Debit Card
- Debit Card
- Credit Card
- Prepaid Card
- No Bank Account Offered
Based Card differs from a traditional debit card, where the balance is linked directly to your bank account.
With Based, you'll need to top up your card before use. It should be noted that Based doesn't offer a bank account with this card, as some crypto cards do, which means you won't be able to receive third-party payments, like fiat withdrawals from exchanges, for example.
It Comes in Both Physical and Virtual Forms
You can get Based Card in either a physical or virtual version. The virtual card is instantly available online after completing KYC Identity Verification. Applying for and activating a physical card will replace the virtual one.
Wondering about the perks of each card type? Here are some highlights:
Physical Card | Virtual Card |
|---|---|
| Required for Car Rentals, Hotels | No Tangible Asset |
| Useful When Phone Dies, or no Wifi | No Apple Pay, Online Use Only |
| Backup Payment Method | Instant Availability |
Cost to Order: 70 USD | Cost to Order: 0 USD |
Get the Physical Card:Since Based Card doesn't support Apple Pay, the virtual card is only good for online shopping and subscriptions like Netflix. It is a much better choice to get the physical card, so you could use the card both online and in real life.
The back of Based Card
| Card Issuer | Fazz (Xfers) |
|
BIN Number ⓘ
BIN number is the first 8 digits of the card and identifies the card issuer.
| 46409600 |
| Validity Period | 3 years |
| Issuing Country | Singapore |
Fazz (Xfers) is the card issuer used by several other crypto cards, including Tevau Card and RedotPay Card.
Crypto-to-USD Conversion Cost with Based Card
Based Card Converts Your Crypto on Demand
Based Card offers instant conversion to USD at the time of purchase. This allows you to hold your crypto and exchange to real-life currency only when you need to. No need to pre-convert your cryptocurrencies or preload the card.
| Crypto to Fiat Conversion Fee | 1% |
| Sell Spread | 0% |
| Load Fee | 0% |
| Transaction Fee | 0% |
| Total Crypto to USD Cost | ~1% |
Low Cost:Compared to the average ~1.6% crypto-to-fiat cost of other cards, converting crypto with Based Card is much more cost-effective (~1%). This means that you will get more USD for your crypto when using this card.
From all crypto cards we reviewed, KAST Card, Offramp Card and OKX Card offer the cheapest crypto-to-fiat conversions (~0%, ~0% and ~0.1% respectively), while converting crypto with OWNR Card will cost you the most, ~4.64%.
How Does Based Card Compare to Other Crypto Cards?
Based Card ranks #41 out of 73 amongst all the crypto cards we have reviewed so far. This card is a solid choice among the many crypto cards available, offering competitive features and benefits.
In addition, Based Card ranks #13 out of 21 amongst Non-Custodial Crypto Cards.
Strongest Features Against Competitors
Here are the strongest features of Based Card against its 72 competitors:
- Doesn't require preconverting of your crypto, converts needed amount automatically on every purchase (while 60% of competing crypto cards require you to preload card in advance).
- You won't be charged any monthly fee on the base tier (while 20% of other crypto cards charge one, with a median of 1.6 USD per month).
- Their crypto-to-fiat conversion cost, including all related fees and spread, is among the lowest at ~1% (versus an average of ~1.6% with other cards.)
- This crypto card is non-custodial, which means you keep the keys to your crypto assets and can connect your own wallet. You have full control, unlike with custodial cards that manage your crypto assets.
Weakest Features Against Competitors
Compared to its 72 competitors, here are the shortcomings of Based Card:
- Apple Pay isn't enabled (while 70% of competing crypto cards have it).
- Offers 2% cashback (while other cards give an average of 4%).
- Limits entry-level cashback to 20 USD per month (while other cards have 50 USD average monthly cap for the base tier).
- Daily spend is capped at 3,000 USD (while other cards offer 10,000 USD daily spend limit on average).
- No way to unload funds once they are loaded to the card (while about 70% of crypto cards let you take funds back out).
- Supports only 3 blockchains (while other non-custodial cards support an average of 6 blockchains).
- ATM withdrawals are not supported yet, so the physical card can only be used for spending, not cash withdrawals.
Based Card vs. Phantom Card vs. Ether.fi Card
Based Card
|
Phantom Card
|
Ether.fi Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 USD | 0.00 USD | 0.00 USD |
| Crypto to Fiat Cost | ~1% | ~0.95% + Gas Fees | 0% + Gas Fees |
| Highest Cashback | 2% | None | up to 3% |
| Entry-Level Cashback | 2% | None | 3% |
| Daily Spending Limit | 3,000 USD | 5,000 USD | 50,000 USD |
| Daily ATM Limit | N/A (ATM Withdrawals Not Enabled) | N/A (Virtual-Only Card) | 750 USD |
| Foreign Exchange Fee | 1.5% | 0% | 0% |
| Asset Management | Non-Custodial | Non-Custodial | Non-Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 5 | 1382 | 4 |
| Apple Pay | Not Enabled | Enabled | Enabled |
| Customer Service | Average | Average | Great |
| Brand Authority | Growing | Well-Known | Growing |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Ether.fi Card offers the highest daily spending limit of 50,000 USD. You will get lower daily limits with Based Card and Phantom Card.
Cashback rewards are a great way to earn back some of the money you spend on your card and is an important consideration as well. Out of the three, Ether.fi Card offers the best cashback rewards of up to 3%. The cashback rewards for Based Card are not as high. With Phantom Card, you will have no cashback rewards at all.
To make a good choice, look through all features, as it is an individual choice. If you will mostly do online transactions with this card, then Apple Pay availability may not be a very important feature for you. If you travel a lot, foreign exchange rate will matter. And so on.
Based Card ATM Fees
ATM Withdrawals Unavailable:Based offers a physical card, but ATM withdrawals are not enabled yet.
We Tested Based's Customer Support
We asked Based's customer support different questions, and then rated their responses to evaluate how good their support is.
Why should you Care:When you'll have a money-related question, like a missing deposit or being overcharged - having good support at that moment will be crucial for you.
Based offers support via the following channels:
| Chat | in-app |
| [email protected] |
Location: Based customer service reps are located in 
Singapore.¹
| Support Channel | Our Interaction | Score |
Chat (replied in 16 h 23 min) | Took over 15 hours to confirm the card is USD denominated. Had to ask twice, and the first agent stalled without a real answer. | Moderate Competence Somewhat Personalized Adequate English, Informal Tone 6/10 |
Chat (replied in 4 h 0 min) | Confirmed Apple Pay isn't supported and linked relevant articles, but the help article had outdated info. | Moderate Competence Somewhat Personalized Adequate English, Informal Tone 6/10 |
Chat (replied in 12 h 42 min) | Misunderstood the question about ATM withdrawals, gave an answer about card unloading instead. After clarification, a second agent confirmed ATM withdrawals aren't supported. | Low Competence Somewhat Personalized Adequate English, Informal Tone 4/10 |
Chat (replied in 1 d 3 h ) | First agent gave a confusing and partially wrong answer, but Benji stepped in and clarified clearly. Patiently handled follow-up questions about spread, broker fees, and gas fees. | Moderate Competence Somewhat Personalized Adequate English, Professional Tone 6.5/10 |
Chat (replied in 1 d 9 h ) | Took two days and needed a push back before getting a real answer, but Benji eventually gave a clear reply about converting $BASED cashback. | High Competence Somewhat Personalized Adequate English, Professional Tone 9/10 |
To summarize,
Competence and Problem-Solving: Based's customer service responses are a hit or miss. Some of their agents are very competent, while others are not.
Customer Love: Based's support replies are personalized rather than copy-paste templates, though they tend to be brief and don't go into a lot of detail.
Reply Speed: Response times are inconsistent, ranging from as quick as 4 hours to as slow as 1 day.
Overall Customer Service Rating: 6.3/10
With this score, Based's Customer Service is poor, comparing to other crypto cards, which score an average of 7.5/10.
Is Based Card Available for Residents of United States?
No, Based Card is not available for residents of United States.
Based Card supports the following countries: Åland Islands, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Sint Eustatius, and Saba, Bouvet Island, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei, Bulgaria, Cabo Verde, Canada, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Congo Republic, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czechia, Denmark, Djibouti, Dominica, Dominican Republic, Egypt, El Salvador, Equatorial Guinea, Estonia, Eswatini, Falkland Islands, Faroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, French Southern Territories, Gabon, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Guadeloupe, Guam, Guatemala, Guernsey, Guyana, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Ivory Coast, Japan, Jersey, Kazakhstan, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Macao, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Namibia, Nauru, New Caledonia, New Zealand, Niue, Norfolk Island, Northern Mariana Islands, Norway, Oman, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn Islands, Poland, Portugal, Puerto Rico, Réunion, Romania, Rwanda, Saint Barthélemy, Saint Helena, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Samoa, San Marino, São Tomé and Príncipe, Saudi Arabia, Serbia, Sierra Leone, Sint Maarten, Slovakia, South Georgia and the South Sandwich Islands, South Korea, Spain, Sri Lanka, St Kitts and Nevis, St Vincent and Grenadines, Svalbard and Jan Mayen, Sweden, Switzerland, Taiwan, Tajikistan, Thailand, The Netherlands, Timor-Leste, Tokelau, Tunisia, Turkmenistan, Tuvalu, U.S. Outlying Islands, U.S. Virgin Islands, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vatican City, Wallis and Futuna, Zambia.
To see our list of available crypto cards for 🇺🇸 United States, see this list. There are currently 19 cards listed there.
You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.
Good to Know. What's My Next Step?
