Shakepay Card

#30 (out of 35) in Crypto Cards
#5 (out of 5) in Crypto Cards for Canada
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Overall Rating
Company Strength
Fee Structure
Customer Service
  • Cashback is in Bitcoin
  • Apple Pay Enabled
  • Only BTC and ETH supported
  • High Foreign Exchange Fee
Visa or MC
Debit or Credit

Debit Card

Denominated In$ CAD
Apple PayEnabled
Monthly Fee

0.00 CAD

Monthly Inactivity Fee

0.00 CAD

Foreign Exchange Fee


Crypto to Fiat Crypto->Fiat Conversion Fee


Highest Cashback


Entry-Level Cashback


Entry-Level Cashback Monthly Cap

500 CAD

Daily Spending Limit

3,000 CAD

Daily ATM Withdrawal Limit

1,000 CAD

Crypto to Fiat Conversion

Manual when Preloading

Supported Countries
Supported Cryptocurrencies

Shakepay Card Benefits and Rewards

Shakepay card offers 1% cashback on all purchases you make with the card, plus an additional 1% for the first $5,000 CAD as a signup bonus.

Cashback rewards are paid in Bitcoin and deposited into your Shakepay account.

Reality CheckAlthough other cards may advertise higher cashback rates, entry-level users with 1,000 CAD in assets typically receive much lower cashback rates from those cards. When compared at the entry-level tier, Shakepay Card's 1% cashback offers more value:

Shakepay CardIndustry Average1
Entry Level Cashback1%1%
Entry Level Cashback Monthly Cap500 CAD400 CAD

Shakepay Card is a Debit Card

Before you can use your Shakepay Card, you will need to top-up your account. This means you will have to convert your crypto in advance, exchanging it to real-life currency and moving it to the card account, to make it available for spending.

It's Issued Solely in Virtual Form, Lacking a Physical Version

Shakepay Card is available solely in virtual format, unlike 50% 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 Shakepay Card supports Apple Pay, you can still use this card in real life, to pay for everyday purchases.

How Does Shakepay Card Compare to Other Crypto Cards?

Shakepay Card ranks #5 out of 5 amongst similar crypto cards. This makes it the last on the list. But don't rush to judge, our rating is based on company strength, fee structure and customer service - if this card supports your country while others don't, or you use their other services, this card may still be a good choice for you.

While we have a total of 35 cards listed in our Crypto Cards category, only 4 are comparable to Shakepay Card, since they are available for customers in the same geographical region.

Weakest Features Against Competitors

Compared to its 4 competitors, here are the shortcomings of Shakepay Card:

  • Has a Foreign Exchange Fee of 3% (other cards have 1.5% average).
  • Daily spend is capped at 3,000 CAD (while other cards offer 13,000 CAD daily spend limit on average).
  • Supports only 2 cryptocurrencies, BTC and ETH (while other cards support an average of 20).
  • Their customer service is poor with a 5.4/10 score (competitors score 7/10 on average).
  • Requires preconversion of crypto to load the card (while 20% of competitors auto-convert on every purchase).
  • Only available in virtual format (while 60% of competing crypto cards offer both physical and virtual cards).
  • Shakepay Card vs. Netcoins Card vs. Kinesis Card

    Shakepay Card
    Netcoins Card
    Kinesis Card
    Monthly Fee 0.00 CAD 0.00 CAD 0.00 CAD
    Foreign Exchange Fee 3% 1.5% 1%
    Crypto to Fiat Fee 1.21% 1.42% 0.39%
    Highest Cashback 1% 1% None
    Entry-Level Cashback 1% 1% None
    Daily Spending Limit 3,000 CAD 8,000 CAD 15,000 CAD
    Daily ATM Limit 1,000 CAD 2,000 CAD N/A (Virtual-Only Card)
    Availability for United States flagUnited States
    Supported Cryptocurrencies 2 38 14
    Apple Pay Enabled Enabled Not Enabled
    Customer Service Average Great Great
    Company Strength Medium Weak Medium

    If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Kinesis Card offers the highest daily spending limit of 15,000 CAD. You will get lower daily limits with Shakepay Card and Netcoins 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 Shakepay Card and Netcoins Card offer solid cashback rewards of 1%. With Kinesis 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 Shakepay Card Available for Residents of United States?

No, Shakepay Card is not available for residents of United States.

Shakepay Card supports: Canada.

To see our list of available crypto cards for United States, see this list. There are currently 5 cards listed there.

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

That Helps. 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.

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