Cypher Card
- Low cost crypto to fiat conversion
- 0% fee for USDC to Fiat conversion
- Supports almost every country
- Passionate team
- No Apple Pay
- No cashback
-
Key Features
| Visa or MC | |
|---|---|
| Debit or Credit | Prepaid Card |
| Denominated In | $ USD |
| Apple Pay | Not Enabled |
| Monthly Fee | 0.00 USD |
| Monthly Inactivity Fee | 0.00 USD |
| Crypto to USD Crypto->USD Conversion Cost | ~0.5% + Gas Fees |
| Cashback | None |
| Daily Spending Limit | 4,000 USD |
| Daily ATM Withdrawal Limit | 500 USD |
| Foreign Exchange Fee | 0% |
| Crypto to Fiat Conversion | Manual when Preloading |
| Crypto Asset Management | Non-Custodial (connect your own wallet) |
| Supported Countries | AfghanistanAlandAlbaniaAlgeriaAmerican SamoaAndorraAngola |
| Supported Blockchains | ArbitrumAuroraAvalancheBaseBinance Smart ChainCosmosEthereum |
| Supported Cryptocurrencies | 10SET1CAT1INCH5IRE5MCAAAAVEABLACHACXADFADXAERGOAEROAEVO |
Cypher Card Benefits and Rewards
Cypher card does not offer cashback rewards or any other incentives for using the card. They do plan to launch a cashback program in ~Q3 of 2024.
Cypher Card is a Prepaid Card
- Debit Card
- Credit Card
- Prepaid Card
- No Bank Account Offered
Cypher Card is very much like a traditional prepaid card that carries its own balance, and you'll need to top it up before use. It should be noted that Cypher HQ 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 Comes in Both Physical and Virtual Forms
You can get Cypher 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 |
|---|---|
| ATM Withdrawals | No ATM Withdrawals |
| 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: 50 USD | Cost to Order: 0 USD |
Get the Physical Card:Since Cypher 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.
Crypto-to-USD Conversion Cost with Cypher Card
Cypher Card Requires Pre-Load
Before you can use your Cypher Card, you will need to top-up your account. This means you will have to convert your crypto in advance, exchanging it to USD and moving it to the card account, to make it available for spending.
| Crypto to Fiat Conversion Fee | 0% |
| Sell Spread | 0% |
| Load Fee | 0.5% |
| Transaction Fee | 0% |
| Gas Fees | vary |
| Total Crypto to USD Cost | ~0.5% + Gas Fees |
Low Cost:Compared to the average ~1.8% crypto-to-fiat cost of other cards, converting crypto with Cypher Card is much more cost-effective (~0.5% + Gas Fees). This means that you will get more USD for your crypto when using this card.
From all crypto cards we reviewed, WhiteBIT Card, Holyheld Card and Crypto.com 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 Cypher Card Compare to Other Crypto Cards?
Cypher Card ranks #18 out of 47 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, Cypher Card ranks #4 out of 10 amongst Non-Custodial Crypto Cards.
Strongest Features Against Competitors
Here are the strongest features of Cypher Card against its 46 competitors:
- Has a Foreign Exchange Fee of 0% (other cards have 1.5% average).
- Supports 772 cryptocurrencies (while other cards support an average of 20).
- Their customer service is very good with a 8.8/10 score (others score only 6.8/10 on average).
- Supports 21 blockchains (while other non-custodial cards support an average of 6 blockchains).
- Their overall fee structure is incredibly budget-friendly, with a score of 7.8/10 (average fee structure rating amongst other cards is 6/10).
- 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.
- Available for residents of United States.
Weakest Features Against Competitors
Compared to its 46 competitors, here are the shortcomings of Cypher Card:
- Apple Pay isn't enabled (while 60% of competing crypto cards have it).
- Doesn't offer any cashback (while other cards give an average of 4%).
- Daily spend is capped at 4,000 USD (while other cards offer 13,000 USD daily spend limit on average).
- Less-known company with a 3/10 company strength score (the average for all competing cards is 6/10).
- Requires preconversion of crypto to load the card (while 40% of competitors auto-convert on every purchase).
- Doesn't offer any free ATM withdrawals (in contrast to 50% of crypto cards which offer an average of 200 USD free withdrawal allowance per month).
Cypher Card vs. Gnosis Card vs. Holyheld Card
Cypher Card
|
Gnosis Card
|
Holyheld Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 USD | 0.00 EUR | 0.00 EUR |
| Crypto to Fiat Cost | ~0.5% + Gas Fees | 0% + Gas Fees | ~0.5% |
| Highest Cashback | None | None | up to 1% |
| Entry-Level Cashback | None | None | 0.5% |
| Daily Spending Limit | 4,000 USD | 8,000 EUR | 10,000 EUR |
| Daily ATM Limit | 500 USD | 500 EUR | 5,000 EUR |
| Foreign Exchange Fee | 0% | 0% | 0% |
| Asset Management | Non-Custodial | Non-Custodial | Non-Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 772 | 2 | 1201 |
| Apple Pay | Not Enabled | Not Enabled | Enabled |
| Customer Service | Great | Great | Great |
| Company Strength | Weak | Weak | Medium |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Holyheld Card offers the highest daily spending limit of 10,000 EUR. You will get lower daily limits with Cypher Card and Gnosis 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, Holyheld Card offers the best cashback rewards of up to 1%. With Cypher Card and Gnosis 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.
Cypher Card ATM Fees: The Real Cost of Cashing Out
Local ATM Withdrawals in USD
Here's a breakdown of the fees you'll face when making local ATM withdrawals with your Cypher Card:
Starting with an initial amount of 200 USD in ETH, the ATM withdrawal with Cypher Card will cost you a total of ~5.99 USD (3% of 200 USD), resulting in a final cash withdrawal of 194.01 USD in hand.
Doesn't Cypher Card Offer Free ATM Withdrawals?
No, it doesn't. Which is a shame, because 50% of competing cards offer free ATM withdrawals, typically allowing up to 200 USD per month without fees.
International non-USD ATM Withdrawals
Things will get significantly worse for International ATM Withdrawals. If you're out of country and cashing out with your Cypher Card, here's what it will look like:
For an international withdrawal using your Cypher Card with an initial 200 USD in ETH, you'll incur fees totaling ~11.96 USD (6% of 200 USD), leaving you with 187.04 USD in the equivalent foreign currency.
Reality CheckCompared to other crypto cards, Cypher Card is more cost-effective for both local and international ATM withdrawals:
| Cost with Cypher Card | Cost with Other Cards | |
| Local ATM Withdrawals | ~6 USD (3% of 200 USD) | ~9 USD (4.5% of 200 USD) |
| International ATM Withdrawals | ~12 USD (6% of 200 USD) | ~18.4 USD (9.2% of 200 USD) |
From all crypto cards that we reviewed, Holyheld Card, Netcoins Card and Bit2Me Card offer the cheapest local ATM withdrawals (2.5%, 2.6% and 2.7% of 200 USD respectively), while OWNR Card scores the worst, landing last on the list with a total local ATM withdrawal cost of 9% of 200 USD.
We Tested Cypher HQ's Customer Support
We asked Cypher HQ'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.
Cypher HQ offers support via the following channels:
| Chat | https://cypherhq.io/card |
| support@cypherd.io | |
| Discord | https://discord.com/invite/S9tDGZ9hgT |
Location: Cypher HQ customer service reps are located in 
India.¹
| Support Channel | Our Interaction | Score |
Email (replied in 17 h 24 min) | Straightforward, polite response to a question about 3DS security feature. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
Chat (replied in 18 min) | Friendly, warm conversation tone, answered a question about disputes and related fees. | High Competence Somewhat Personalized Adequate English, Professional Tone 9/10 |
Chat (replied in 3 h 19 min) | Understood all questions and provided direct answers to each, instead of copy-pasting vaguely related response like other companies do. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
Chat (replied in 3 h 41 min) | They answered what was asked for. A bit strange initial greeting right away, and then nothing. Had to ping in several hours, saying 'and?', to get the reply. | High Competence Not Personalized Adequate English, Informal Tone 8/10 |
Chat (replied in 14 h 37 min) | Replied in short & concise manner. Yet, replied only after our second ping with a '?' after 12 hours of non-response. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
To summarize,
Competence and Problem-Solving: Cypher HQ's customer service agents are highly competent, so you can expect every issue to be resolved with professional expertise and a thorough understanding.
Customer Love: You will not get addressed by name and answers to your questions will be generic. Cypher HQ's customer support agents do not make an effort to personalize their replies.
Reply Speed: Response times are inconsistent, ranging from as quick as 18 minutes to as slow as 17 hours.
Overall Customer Service Rating: 8.8/10
This excellent score places Cypher HQ's Customer Service well above the crypto card industry average of 7.4/10.
Is Cypher Card Available for Residents of United States?
Yes, Cypher Card is available for residents of United States.
Cypher Card supports the following countries: Afghanistan, Aland, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia-Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Cayman Islands, Chad, Chile, China, Christmas Island, Cocos Keeling Islands, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Estonia, Falkland Islands, Faroe Islands, Fiji, Finland, France, French Guiana, French Polynesia, French Southern Territories, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guyana, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macao, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn Islands, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Rwanda, Saint Barthelemy, Saint Helena, Saint Lucia, Saint-Martin, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Georgia and South Sandwich Islands, South Korea, Spain, Sri Lanka, St Kitts and Nevis, St Vincent and Grenadines, Suriname, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor Leste, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vanuatu, Vatican City, Vietnam, Wallis and Futuna, Western Sahara, Zambia.
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 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.
