1inch Card
- No monthly fees
- Apple Pay supported
- Generous cashback (up to 4800 EUR per month)
- Virtual-only card for now
-
Key Features
| Visa or MC | |
|---|---|
| Debit or Credit | Prepaid Card |
| Denominated In | € EUR£ GBP |
| Apple Pay | Enabled |
| Monthly Fee | 0.00 EUR |
| Monthly Inactivity Fee | 0.00 EUR |
| Crypto to EUR Crypto->EUR Conversion Cost | ~2.1% |
| Highest Cashback | up to 2% |
| Entry-Level Cashback | 2% |
| Entry-Level Cashback Monthly Cap | 4,800 EUR |
| Daily Spending Limit | 8,000 EUR |
| Daily ATM Withdrawal Limit | N/A (Virtual-Only Card) |
| Foreign Exchange Fee | 0% |
| Crypto to Fiat Conversion | Auto on Every Purchase |
| Crypto Asset Management | Custodial (stores crypto keys on your behalf) |
| Supported Countries | AustriaBelgiumBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIcelandIrelandItalyLatviaLiechtensteinLithuaniaLuxembourgMaltaNetherlandsNorwayPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom |
| Supported Cryptocurrencies | 1INCHBTCBXXETHEURTLTCUSDCUSDTXRP |
1inch CL Card Benefits and Rewards
1inch CL card offers up to 2% cashback on every purchase you make with the card. You can choose which cryptocurrency you prefer to receive your rewards in, and this will determine your reward percentage.
Here are your choices:
| Rewards Cryptocurrency | Cashback |
| BTC (Bitcoin) | 1% |
| USDT (Tether) | 1% |
| BXX (Baanx) | 2% |
The rewards are paid out at the end of each month.
Reality CheckAlthough other cards may advertise higher cashback rates, entry-level users with 1,000 EUR in assets typically receive much lower cashback rates from those cards. When compared at the entry-level tier, 1inch Card's 2% cashback offers more value:
| 1inch Card | Industry Average1 | |
| Entry Level Cashback | 2% | 1% |
| Entry Level Cashback Monthly Cap | 4,800 EUR | 35 EUR |
1inch Card is a Prepaid Card
- Debit Card
- Credit Card
- Prepaid Card
- No Bank Account Offered
1inch Card is a prepaid card, linked to the crypto coin balance on the 1inch platform.
It should be noted that 1inch doesn't offer a bank account with this card (while some crypto cards do), which means you won't be able to receive third-party payments, like fiat withdrawals from exchanges, for example.
It's Issued Solely in Virtual Form, Lacking a Physical Version
1inch Card is available solely in virtual format, unlike 30% of crypto cards offering both physical and virtual versions. This means you cannot use it for ATM withdrawals, or at places like car rental companies or hotels that require a physical card for security deposit and identity verification. The virtual card will be issued to you instantly after you complete the KYC Identity Verification.
Wondering about the pros and cons of virtual-only format? Here are some highlights:
No Physical Card | Virtual Card |
|---|---|
| No ATM Withdrawals | Instantly Available, No Waiting for Mail |
| No Card when Hotels or Car Rentals Require it | Ideal for Online Purchases |
| No Card When Phone Dies or no Internet | Environmentally Friendly |
| No Feel-Good Backup Payment Method | No Tangible Item to Misplace |
Useful:Since 1inch Card supports Apple Pay, you can still use this card in real life, to pay for everyday purchases.
Crypto-to-EUR Conversion Cost with 1inch Card
1inch Card Converts Your Crypto on Demand
1inch Card offers instant conversion to EUR 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 | 2% |
| Sell Spread | ~0.1% |
| Transaction Fee | 0% |
| Total Crypto to EUR Cost | ~2.1% |
Reality Check:Compared to the average ~1.8% crypto-to-fiat cost of other cards, converting crypto with 1inch Card will cost you about the same (~2.1%).
From all crypto cards we reviewed for Europe, WhiteBIT Card, Holyheld Card and Trade Republic Card offer the cheapest crypto-to-fiat conversions (~0.28%, ~0.5% and ~0.7% respectively), while converting crypto with OWNR Card will cost you the most, ~4.64%.
How Does 1inch Card Compare to Other Crypto Cards?
1inch Card ranks #10 out of 63 amongst all the crypto cards we have reviewed so far. This means it's in the Top 30%.
We compared 1inch Card with 42 similar crypto cards, available for the same geographical region. See the resulting pros and cons below.
Strongest Features Against Competitors
Here are the strongest features of 1inch Card against its 42 competitors:
- Offers up to 4,800 EUR per month in cashback for entry-level users (exceeding the competitors' 35 EUR average).
- Has a Foreign Exchange Fee of 0% (other cards have 1.5% average).
- Their customer service is very good with a 9.2/10 score (others score only 7.6/10 on average).
- 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).
Weakest Features Against Competitors
Compared to its 42 competitors, here are the shortcomings of 1inch Card:
- Offers up to 2% cashback (while other cards give an average of 4%).
- Daily spend is capped at 8,000 EUR (while other cards offer 25,000 EUR daily spend limit on average).
- Only available in virtual format (while 30% of competing crypto cards offer both physical and virtual cards).
1inch Card vs. Metamask Card vs. Nexo Card
1inch Card
|
Metamask Card
|
Nexo Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 EUR | 0.00 EUR | 0.00 EUR |
| Crypto to Fiat Cost | ~2.1% | 0% + Gas Fees | ~0.75% |
| Highest Cashback | up to 2% | None | up to 2% |
| Entry-Level Cashback | 2% | None | 0.5% |
| Daily Spending Limit | 8,000 EUR | 8,750 EUR | 10,000 EUR |
| Daily ATM Limit | N/A (Virtual-Only Card) | N/A (Virtual-Only Card) | 2,000 EUR |
| Foreign Exchange Fee | 0% | 0% | 2% |
| Asset Management | Custodial | Non-Custodial | Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 9 | 3 | 83 |
| Apple Pay | Enabled | Enabled | Enabled |
| Customer Service | Great | Great | Great |
| Brand Authority | Growing | Well-Known | Well-Known |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Nexo Card offers the highest daily spending limit of 10,000 EUR. You will get lower daily limits with 1inch Card and Metamask 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. Both 1inch Card and Nexo Card offer solid cashback rewards of up to 2%. With Metamask 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.
Is 1inch Card Available for Residents of United States?
No, 1inch Card is not available for residents of United States.
1inch Card supports the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.
To see our list of available crypto cards for 🇺🇸 United States, see this list. There are currently 11 cards listed there.
You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.
Splendid. What's My Next Step?
Paulina Masson
Paulina has a strong background in finance and cryptocurrency. She's been involved with crypto since its early days and has observed its progression over the years. Notably, she possesses expertise in various crypto products, having personally tested and evaluated many of them. In her spare time, she is developing a crypto bot designed to automatically trade on short timeframes.
