OKX Card
- OKX is a well-known exchange, convenient if you trade there
- Generous fee structure, 0% FX fee, 0% Transaction fee, subsidized network fees
- Apple Pay Enabled
- Card is limited to European residents
- Virtual card only, no physical card yet
- Higher cashback % is reserved for VIPs with $100k+ in assets
-
Key Features
| Visa or MC | |
|---|---|
| Debit or Credit | Debit Card |
| Denominated In | € EUR |
| Apple Pay | Enabled |
| Monthly Fee | 0.00 EUR |
| Monthly Inactivity Fee | 0.00 EUR |
| Crypto to EUR Crypto->EUR Conversion Cost | ~0.1% |
| Highest Cashback | up to 5% |
| Entry-Level Cashback | 2% |
| Entry-Level Cashback Monthly Cap | 10 EUR |
| Daily Spending Limit | Unlimited |
| 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 Blockchains | X Layer |
| Supported Cryptocurrencies | USDCUSDG |
| Supported Countries | AustriaBelgiumBulgariaCyprusCzechiaGermanyDenmarkEstoniaSpainFinlandFranceGreeceCroatiaHungaryIrelandItalyLithuaniaLuxembourgLatviaMaltaThe NetherlandsNorwayPolandPortugalRomaniaSwedenSloveniaSlovakia |
OKX Card Benefits and Rewards
OKX Card offers 2%–5% cashback, with higher rewards reserved for VIP users. Cashback can reach 5%, although reaching the top tiers requires high trading volume or holding $2M+ in assets on the OKX exchange.
| VIP Level | Cashback | Monthly Cashback Cap |
| Non-VIP | 2% | 10 EUR |
| VIP 1
(100,000 EUR in assets) |
4% | 300 EUR |
| VIP 2
(200,000 EUR in assets) |
4.5% | 450 EUR |
| VIP 3+
(2,000,000 EUR in assets) |
5% | 1,000 EUR |
Reality Check While OKX Card promotes up to 5% cashback, if you're an entry-level user, you'll qualify for 2% cashback, capped at 10 EUR per month.
Are other cards more generous at base tier? Yes.
| OKX Card | Industry Average1 | |
| Entry Level Cashback | 2% | 1% |
| Entry Level Cashback Monthly Cap | 10 EUR | 25 EUR |
Beyond card cashback, you can also earn all kinds of extra rewards on OKX, including trading bonuses, fee rebates, referral rewards, Learn & Earn offers, token giveaways, competitions, and occasional mystery boxes.
OKX Card is a Debit Card
- Debit Card
- Credit Card
- Prepaid Card
- DE
IBAN Bank Account- in your name
Useful Card Structure:OKX 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.
OKX Card differs from a traditional debit card, where the balance is typically linked directly to your bank account. With OKX, the card has its own separate balance, while OKX also provides you with a personal bank account on the side. You'll receive a Germany-based IBAN bank account number issued in your name.
Not so Great:Third party senders cannot deposit funds into your OKX bank account - you can only receive deposits from accounts in your name. This means you will not be able to receive your fiat withdrawals from exchanges or receive salary payments.
It's Issued Solely in Virtual Form, Lacking a Physical Version
OKX 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 OKX Card supports Apple Pay, you can still use this card in real life, to pay for everyday purchases.
Crypto-to-EUR Conversion Cost with OKX Card
OKX Card Converts Your Crypto on Demand
OKX 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 | 0% |
| Sell Spread | ~0.1% |
| Load Fee | 0% |
| Transaction Fee | 0% |
| Total Crypto to EUR Cost | ~0.1% |
Low Cost:Compared to the average ~1.6% crypto-to-fiat cost of other cards, converting crypto with OKX Card is much more cost-effective (~0.1%). This means that you will get more EUR for your crypto when using this card.
From all crypto cards we reviewed for Europe, OKX Card, WhiteBIT Card and Holyheld Card offer the cheapest crypto-to-fiat conversions (~0.1%, ~0.28% and ~0.5% respectively), while converting crypto with OWNR Card will cost you the most, ~4.64%.
How Does OKX Card Compare to Other Crypto Cards?
OKX Card ranks #9 out of 68 amongst all the crypto cards we have reviewed so far. This means it's in the Top 30%.
We compared OKX Card with 41 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 OKX Card against its 41 competitors:
- Offers impressive maximum cashback of up to 5% (other cards have an average of 4%).
- Has a Foreign Exchange Fee of 0% (other cards have 1.5% average).
- Has Unlimited daily spend allowance, a rarity in the industry (other cards have 10,000 EUR limit on average).
- Solid company with a 9/10 brand authority score (the average for all competing cards is 6/10).
- 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 EUR per month).
- Their crypto-to-fiat conversion cost, including all related fees and spread, is among the lowest at ~0.1% (versus an average of ~1.6% with other cards.)
- Their overall fees & limits structure is incredibly generous, with a score of 9/10 (average fees & limits structure rating amongst other cards is 6.1/10).
Weakest Features Against Competitors
Compared to its 41 competitors, here are the shortcomings of OKX Card:
- Limits entry-level cashback to 10 EUR per month (while other cards have 25 EUR average monthly cap for the base tier).
- Supports only 2 cryptocurrencies, USDC and USDG (while other cards support an average of 15).
- Only available in virtual format (while 30% of competing crypto cards offer both physical and virtual cards).
OKX Card vs. Tria Card vs. KAST Card
OKX Card
|
Tria Card
|
KAST Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 EUR | 1.60 USD | 0.00 USD |
| Crypto to Fiat Cost | ~0.1% | ~0.4% | 0% |
| Highest Cashback | up to 5% | up to 6% | up to 8% |
| Entry-Level Cashback | 2% | 1.5% | 2% |
| Daily Spending Limit | Unlimited | 1,000,000 USD | Unlimited |
| Daily ATM Limit | N/A (Virtual-Only Card) | 750 USD | 1,500 USD |
| Foreign Exchange Fee | 0% | 0% | 2% |
| Asset Management | Custodial | Non-Custodial | Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 2 | 2 | 4 |
| Apple Pay | Enabled | Enabled | Enabled |
| Customer Service | Average | Great | Great |
| Brand Authority | Well-Known | Growing | Growing |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Both OKX Card and KAST Card offer an unmatched Unlimited daily spending limit. The daily limit on Tria Card is not Unlimited.
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 OKX 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.
OKX Referral Code - to Get 30 EUR Bonus
You can use OKX referral code 25797974 to get 30 EUR bonus when you create an account on OKX platform.
Here's how you can enter the referral code:
..or, just click here.
Your bonus will be paid out to you in BTC (Bitcoin), right after you signup and deposit your first 200 EUR.
p.s. Are we getting paid for referring you? Yes, and it helps us continue our mission. It's like you are buying us lunch 🍱 for all the hard work we've put into building this site. We really appreciate it. Thank you. 🙏🤗
Is OKX Card Available for Residents of United States?
No, OKX Card is not available for residents of United States.
OKX Card supports the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, The Netherlands.
To see our list of available crypto cards for 🇺🇸 United States, see this list. There are currently 16 cards listed there.
You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.
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