1inch Card

#7 (out of 48) in Crypto Cards
#9 (out of 39) in Crypto Cards for Europe
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7.1
Overall Rating
CRITERIA:
Company Strength
6.5
Fee Structure
5.6
Customer Service
9.2
PROS:
  • No monthly fees
  • Apple Pay supported
  • Generous cashback (up to 4800 EUR per month)
CONS:
  • Virtual-only card for now
Visa or MC
Debit or Credit

Prepaid Card

Denominated In€ EUR£ GBP
Apple PayEnabled
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 CountriesShow All (30)
Supported Cryptocurrencies1INCHBTCBXXETHEURTLTCUSDCUSDTXRP

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 CardIndustry Average1
Entry Level Cashback2%1%
Entry Level Cashback Monthly Cap4,800 EUR20 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 40% 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 WithdrawalsInstantly Available, No Waiting for Mail
No Card when Hotels or Car Rentals Require itIdeal for Online Purchases
No Card When Phone Dies or no InternetEnvironmentally Friendly
No Feel-Good Backup Payment MethodNo 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
Crypto to Fiat Conversion Fee2%
Sell Spread~0.1%
Transaction Fee
0%
Total Crypto to EUR Cost~2.1%
EUR

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 Nexo Card offer the cheapest crypto-to-fiat conversions (~0.28%, ~0.5% and ~0.75% 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 #7 out of 48 amongst all the crypto cards we have reviewed so far. This means it's in the Top 30%.

We compared 1inch Card with 38 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 38 competitors:

  • Offers Apple Pay (while 40% of competing crypto cards don't).
  • Offers up to 4,800 EUR per month in cashback for entry-level users (exceeding the competitors' 20 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 7.5/10 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 38 competitors, here are the shortcomings of 1inch Card:

  • Offers up to 2% cashback (while other cards give an average of 4%).
  • Only available in virtual format (while 40% of competing crypto cards offer both physical and virtual cards).
  • 1inch Card vs. Gate Card vs. Nexo Card

    1inch Card
    Gate Card
    Nexo Card
    Monthly Fee 0.00 EUR 0.00 EUR 0.00 EUR
    Crypto to Fiat Cost ~2.1% ~1.15% ~0.75%
    Highest Cashback up to 2% 1% up to 2%
    Entry-Level Cashback 2% 1% 0.5%
    Daily Spending Limit 8,000 EUR 10,000 EUR 10,000 EUR
    Daily ATM Limit N/A (Virtual-Only Card) 1,000 EUR 2,000 EUR
    Foreign Exchange Fee 0% 2% 0.5%
    Asset Management Custodial Custodial Custodial
    Availability for United States flagUnited States
    Supported Cryptocurrencies 9 1884 63
    Apple Pay Enabled Not Enabled Enabled
    Customer Service Great Average Great
    Company Strength Medium Strong Strong

    If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Both Gate Card and Nexo Card offer a solid daily spending limit of 10,000 EUR. The daily limit on 1inch Card is not as high.

    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%. The cashback rewards for Gate Card are not as high.

    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.

To see our list of available crypto cards for United States, see this list. There are currently 8 cards listed there.

You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.

Got it. What's My Next Step?

Paulina Masson

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.

⭑cryptonoshi
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