Kolo Card
- Almost no fees - crypto conversion spread only
- Enthusiastic team, beautiful UI
- Apple Pay Enabled
- High initial cashback of 5%
- No Physical Card Yet
-
Key Features
Your Kolo Card: virtual, instant, Apple Pay enabled
Kolo Card Benefits and Rewards
When you use the Kolo Card, you can earn 1–5% Bitcoin cashback on your purchases. Simply spend with your Kolo card and the cashback will be credited to your BTC balance, usually within about five days after the transaction.
When you first sign up, you will receive 5% cashback on all your card transactions. The cashback percentage will change after your first month:
| Kolo Account Age | Cashback Rate | Max Cashback per Purchase | Max Cashback per Month |
| 1st Month | 5% | $5 | $100 |
| After First Month | 1% | $1 | $100 |
If you continue holding your cashback in BTC, the value of the rewards may increase over time if Bitcoin appreciates.
To create a new card, you’ll need to deposit 10 USDC. This isn’t a fee — the full amount is yours to spend, so the card is essentially free to open.
Kolo Card is a Visa Platinum - Here Are the Bonus Perks You Get
Your Kolo Card runs on Visa's Platinum tier and is issued in 🇵🇷 Puerto Rico - which automatically gets you a set of perks straight from Visa, on top of what Kolo offers.
If you pay for your car rental with your Kolo Card and decline the optional insurance upgrade they push at the counter, you'll get Visa Platinum insurance coverage worldwide for theft and collision on rentals up to 31 days, with no deductible.
Note:Since Kolo doesn't have a physical card yet and most rental companies require one at the counter, you may not be able to use this benefit until Kolo launches their physical card.
When you pay for an item with your Kolo Card, Visa automatically adds up to 1 extra year on top of the manufacturer's warranty, free. So a MacBook with a 1-year Apple warranty becomes 2 years of coverage. Works on most electronics and appliances, coverage is up to $10,000 per year.
More Benefits
If you spot the same item advertised at a lower price within 30 days (7 days for online purchases), Visa refunds you the difference, free. So if you buy a PlayStation for $500 with your Kolo Card and see it on sale for $400 a few weeks later, you get $100 back. Works on most retail purchases, with up to $500 back per item and 4 claims per year.
If your laptop gets stolen 3 months after you bought it, Visa covers you - automatically, for free. You must have paid with your Kolo Card, filed a police report within 48 hours, and submitted your claim within 90 days to receive up to $10,000 per year, on most items bought anywhere in the world.
Do I have to sign up with Visa first to qualify for benefits?
Benefits kick in automatically, but you have to pay for your car rentals, electronics, and anything else you want covered, with your Kolo Card.
Registering isn't required, but it makes filing claims much easier later. Go to Visa Benefits Portal, pick Puerto Rico: English at the top, and register your Kolo Card. That gets you in.
Kolo Card is a Debit Card
- Debit Card
- Credit Card
- Prepaid Card
- No Bank Account Offered
Useful Card Structure:Kolo Card functions like a debit card, but on the backend, it is classified as a credit card. This means that while you cannot borrow money with this card, it will work at places requiring pre-authorizations.
Kolo Card differs from a traditional debit card, where the balance is linked directly to your bank account.
With Kolo, you'll need to top up your card before use. It should be noted that Kolo 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's Issued Solely in Virtual Form, Lacking a Physical Version
Kolo 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 |
Cost to Order: 0 USD |
Useful:Since Kolo Card supports Apple Pay, you can still use this card in real life, to pay for everyday purchases.
The 'back' of virtual Kolo Card
| Card Issuer | Rain |
|
BIN Number ⓘ
BIN number is the first 8 digits of the card and identifies the card issuer.
| 45492406 |
| Validity Period | 4 years |
| Issuing Country | Puerto Rico |
Rain is the card issuer used by several other crypto cards, including Tangem Card, Tuyo Card, Payy Card, Tria Card, and Ether.fi Card.
Crypto-to-USD Conversion Cost with Kolo Card
Kolo Card Converts Your Crypto on Demand
Kolo 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 | 0% |
| Sell Spread | ~0.32% |
| Load Fee | 0% |
| Transaction Fee | 0% |
| Total Crypto to USD Cost | ~0.32% |
Low Cost:Compared to the average ~1.6% crypto-to-fiat cost of other cards, converting crypto with Kolo Card is much more cost-effective (~0.32%). 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 Kolo Card Compare to Other Crypto Cards?
Kolo Card ranks #5 out of 72 amongst all the crypto cards we have reviewed so far. This means it's in the Top 30%.
Strongest Features Against Competitors
Here are the strongest features of Kolo Card against its 71 competitors:
- Offers impressive maximum cashback of up to 5% (other cards have an average of 4%).
- Offers up to 100 USD per month in cashback for entry-level users (exceeding the competitors' 50 USD average).
- Offers a generous 50,000 USD daily spend limit (other cards offer 10,000 USD limit on average).
- Their customer service is very good with a 9.1/10 score (others score only 7.4/10 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).
- You won't be charged any monthly fee (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 ~0.32% (versus an average of ~1.6% with other cards.)
- Their overall fees & limits structure is incredibly generous, with a score of 9.4/10 (average fees & limits structure rating amongst other cards is 6.3/10).
Kolo Card vs. Tria Card vs. KAST Card
Kolo Card
|
Tria Card
|
KAST Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 USD | 1.60 USD | 0.00 USD |
| Crypto to Fiat Cost | ~0.32% | ~0.4% | 0% |
| Highest Cashback | up to 5% | up to 6% | up to 8% |
| Entry-Level Cashback | 5% | 1.5% | 2% |
| Daily Spending Limit | 50,000 USD | 1,000,000 USD | Unlimited |
| Daily ATM Limit | N/A (Virtual-Only Card) | 750 USD | 1,500 USD |
| Foreign Exchange Fee | 1% | 0% | 2% |
| Asset Management | Custodial | Non-Custodial | Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 15 | 2 | 4 |
| Apple Pay | Enabled | Enabled | Enabled |
| Customer Service | Great | Great | Great |
| Brand Authority | Growing | Growing | Growing |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. KAST Card offers an unparalleled Unlimited daily spending limit. You will get lower daily limits with Kolo Card and Tria 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, KAST Card offers the best cashback rewards of up to 8%. The cashback rewards for Kolo Card and Tria 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.
We Tested Kolo's Customer Support
We asked Kolo'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.
Kolo offers support via the following channels:
| [email protected] | |
| Telegram | https://t.me/KoloHelpBot |
Location: Kolo customer service reps are located in 
Portugal and 
United Kingdom.¹
| Support Channel | Our Interaction | Score |
Telegram (replied in 1 min) | Friendly and reassuring response to a question about potential disputes. | High Competence Somewhat Personalized Flawless English, Professional Tone 9.5/10 |
Email (replied in 15 min) | Very knowledgeable & quick to reply, feels great when comparing to some other companies. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
Telegram (replied in 7 min) | Super quick response to a question about ATMs & virtual card. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
Email (replied in 12 min) | Excellent detailed response to a question about pre-authorizations on their card at hotels & gas stations. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
Telegram (replied in 19 min) | Knowledgeable and quick response about BTC sell spread. | High Competence Not Personalized Flawless English, Professional Tone 9/10 |
To summarize,
Competence and Problem-Solving: Kolo'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. Kolo's customer support agents do not make an effort to personalize their replies.
Reply Speed: They respond remarkably quickly, with most of their replies coming within an average of 11 minutes, significantly saving your time.
Overall Customer Service Rating: 9.1/10
This excellent score places Kolo's Customer Service well above the crypto card industry average of 7.4/10.
Kolo Card supports 170+ countries
Is Kolo Card Available for Residents of United States?
No, Kolo Card is not available for residents of United States.
Kolo Card supports the following countries: Åland Islands, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Cameroon, Canada, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czechia, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Estonia, Faroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gambia, Georgia, Germany, Ghana, Greece, Greenland, Grenada, Guadeloupe, Guatemala, Guernsey, Guinea, Guyana, Honduras, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Macao, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Moldova, Monaco, Mongolia, Montenegro, Namibia, Nepal, New Caledonia, New Zealand, Niger, Norfolk Island, North Macedonia, Norway, Oman, Pakistan, Palau, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Réunion, Romania, Rwanda, Saint Barthélemy, Saint Helena, Saint Lucia, Saint Martin, San Marino, São Tomé and Príncipe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Georgia and the South Sandwich Islands, South Korea, Spain, Sri Lanka, St Kitts and Nevis, St Vincent and Grenadines, Suriname, Sweden, Switzerland, Tajikistan, Tanzania, Thailand, The Netherlands, Togo, Tonga, Trinidad and Tobago, Tunisia, Türkiye, Turkmenistan, Tuvalu, Uganda, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vietnam, 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.
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