Trade Republic Card
- 0% foreign exchange fee
- For larger ATM withdrawals over 100 EUR, €1 ATM fee is waived
- Can invest in stocks, in addition to crypto
- Cannot deposit crypto from another wallet - you can only buy crypto on their platform
- You only qualify for cashback if you invest an additional 50EUR every month
-
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 | ~0.7% |
| Highest Cashback | 1% |
| Entry-Level Cashback | 1% |
| Entry-Level Cashback Monthly Cap | 15 EUR |
| Daily Spending Limit | 10,000 EUR |
| Daily ATM Withdrawal Limit | 1,500 EUR |
| Foreign Exchange Fee | 0% |
| Crypto to Fiat Conversion | Manual when Preloading |
| Crypto Asset Management | Custodial (stores crypto keys on your behalf) |
| Supported Countries | AustriaBelgiumEstoniaFinlandFranceFrench GuianaGermanyGreeceGuadeloupeIrelandItalyLatviaLithuaniaLuxembourgMartiniqueMayotteNetherlandsPortugalReunionSaint-MartinSlovakiaSloveniaSpain |
| Supported Cryptocurrencies | 1INCHAAVEADAALGOAMPANTAUDIOAVAXAXSBALBANDBATBCHBNTBTC |
Your Trade Republic Card: Enjoy 0% foreign exchange fees and low crypto-to-fiat conversion costs
Trade Republic Card Benefits and Rewards
Trade Republic offers 1% cashback (which they call saveback) for card transactions, but only with a recurring savings plan. You must invest at least 50 EUR every month, on a recurring basis, to qualify for the 1% cashback on your card transactions. Monthly cap for for the cashback is 15 EUR.
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, Trade Republic Card's 1% cashback offers good value comparing to competitors:
| Trade Republic Card | Industry Average1 | |
| Entry Level Cashback | 1% | 1% |
| Entry Level Cashback Monthly Cap | 15 EUR | 20 EUR |
Trade Republic Card is a Debit Card
- Debit Card
- Credit Card
- Prepaid Card
- DE
IBAN Bank Account- in your name
With Trade Republic Card, you'll get a true debit card experience, directly connected to a bank account. You'll receive a Germany-based IBAN bank account number issued in your name, and any funds you deposit into your account will become immediately available for spending on your card.
Not so Great:Third party senders cannot deposit funds into your Trade Republic 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 Comes in Both Physical and Virtual Forms
You can get Trade Republic 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 | Apple Pay Enabled: Virtual but In-Store Ready |
| Backup Payment Method | Instant Availability |
Cost to Order: 5 EUR | Cost to Order: 0 EUR |
Useful:Since Trade Republic Card supports Apple Pay, you can use this card in real life, whether you have the virtual or the physical version.
The back of Trade Republic Card
| Card Issuer | Trade Republic Bank |
|
BIN Number ⓘ
BIN number is the first 8 digits of the card and identifies the card issuer.
| 43971800 |
| Validity Period | 5 years |
| Issuing Country | Belgium |
Crypto-to-EUR Conversion Cost with Trade Republic Card
Trade Republic Card Requires Pre-Load
Before you can use your Trade Republic Card, you will need to top-up your account. This means you will have to convert your crypto in advance, exchanging it to EUR and moving it to the card account, to make it available for spending.
| Crypto to Fiat Conversion Fee | 1 EUR (~0.5% if selling 200 EUR worth of crypto) |
| Sell Spread | ~0.2% |
| Transaction Fee | 0% |
| Total Crypto to EUR Cost | ~0.7% |
Low Cost:Compared to the average ~1.8% crypto-to-fiat cost of other cards, converting crypto with Trade Republic Card is much more cost-effective (~0.7%). This means that you will get more EUR for your crypto when using this card.
From all crypto cards we reviewed for Europe, WhiteBIT Card, Holyheld Card and Trade Republic Card offer the cheapest crypto-to-fiat conversions (~0.28%, ~0.5% and ~0.7% respectively), while converting crypto with OWNR Card will cost you the most, ~4.64%.
How Does Trade Republic Card Compare to Other Crypto Cards?
Trade Republic Card ranks #9 out of 61 amongst all the crypto cards we have reviewed so far. This means it's in the Top 30%.
We compared Trade Republic 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 Trade Republic Card against its 41 competitors:
- Has a Foreign Exchange Fee of 0% (other cards have 1.5% average).
- Provides a substantial ATM widthdrawal allowance of 1,500 EUR per day (average amongst other cards is only 500 EUR).
- Supports 54 cryptocurrencies (while other cards support an average of 15).
- Offers free ATM withdrawals when above 100 EUR (which means if you'll always withdraw larger amounts, you'll save on fees).
- Cost to withdraw cash from a local ATM is really low at ~2.2% (comparing to the average of ~4.5% when withdrawing with other cards.)
- Their crypto-to-fiat conversion cost, including all related fees and spread, is among the lowest at ~0.7% (versus an average of ~1.8% with other cards.)
- Their overall fees & limits structure is incredibly generous, with a score of 8.8/10 (average fees & limits structure rating amongst other cards is 5.6/10).
Weakest Features Against Competitors
Compared to its 41 competitors, here are the shortcomings of Trade Republic Card:
- Offers 1% cashback (while other cards give an average of 4%).
- Daily spend is capped at 10,000 EUR (while other cards offer 25,000 EUR daily spend limit on average).
- Their customer service is poor with a 5.7/10 score (competitors score 7.6/10 on average).
- Requires preconversion of crypto to load the card (while 40% of competitors auto-convert on every purchase).
Trade Republic Card vs. Coinbase Card vs. Nexo Card
Trade Republic Card
|
Coinbase Card
|
Nexo Card
|
|
|---|---|---|---|
| Monthly Fee | 0.00 EUR | 0.00 EUR | 0.00 EUR |
| Crypto to Fiat Cost | ~0.7% | ~4% | ~0.75% |
| Highest Cashback | 1% | None | up to 2% |
| Entry-Level Cashback | 1% | None | 0.5% |
| Daily Spending Limit | 10,000 EUR | 2,500 EUR | 10,000 EUR |
| Daily ATM Limit | 1,500 EUR | 1,000 EUR | 2,000 EUR |
| Foreign Exchange Fee | 0% | 2.49% | 2% |
| Asset Management | Custodial | Custodial | Custodial |
Availability for  United States |
|||
| Supported Cryptocurrencies | 54 | 235 | 83 |
| Apple Pay | Enabled | Not Enabled | Enabled |
| Customer Service | Average | Great | Great |
| Brand Authority | Growing | Well-Known | Well-Known |
If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Both Trade Republic Card and Nexo Card offer a solid daily spending limit of 10,000 EUR. The daily limit on Coinbase 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. Out of the three, Nexo Card offers the best cashback rewards of up to 2%. The cashback rewards for Trade Republic Card are not as high. With Coinbase 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.
Trade Republic Card ATM Fees: The Real Cost of Cashing Out
Local ATM Withdrawals in EUR
Here's a breakdown of the fees you'll face when making local ATM withdrawals with your Trade Republic Card:
Starting with an initial amount of 200 EUR in ETH, the ATM withdrawal with Trade Republic Card will cost you a total of ~4.4 EUR (2.2% of 200 EUR), resulting in a final cash withdrawal of 195.6 EUR in hand.
Doesn't Trade Republic Card Offer Free ATM Withdrawals?
Yes, Trade Republic offers free ATM withdrawals if withdrawal amount is larger than 100 EUR. When they say 'free', they are only referring to their ATM Withdrawal Fee.
International non-EUR ATM Withdrawals
Things will get significantly worse for International ATM Withdrawals. If you're out of country and cashing out with your Trade Republic Card, here's what it will look like:
For an international withdrawal using your Trade Republic Card with an initial 200 EUR in ETH, you'll incur fees totaling ~10.36 EUR (5.2% of 200 EUR), leaving you with 189.64 EUR in the equivalent foreign currency.
Reality CheckCompared to other crypto cards, Trade Republic Card is more cost-effective for both local and international ATM withdrawals:
| Cost with Trade Republic Card | Cost with Other Cards | |
| Local ATM Withdrawals | ~4.4 EUR (2.2% of 200 EUR) | ~9 EUR (4.5% of 200 EUR) |
| International ATM Withdrawals | ~10.4 EUR (5.2% of 200 EUR) | ~18.4 EUR (9.2% of 200 EUR) |
From all crypto cards that we reviewed, Trade Republic Card, Holyheld Card and Bit2Me Card offer the cheapest local ATM withdrawals (2.2%, 2.5% and 2.7% of 200 EUR respectively), while OWNR Card scores the worst, landing last on the list with a total local ATM withdrawal cost of 9% of 200 EUR.
Trade Republic Referral Code - to Get 10 EUR Bonus
You can use referral code qn92752j to get 10 EUR bonus when you create an account on Trade Republic platform.
Here's how you can enter the referral code:
..or, just click here.
Your bonus will be paid out to you right after you deposit your first 100 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 Trade Republic Card Available for Residents of United States?
No, Trade Republic Card is not available for residents of United States.
Trade Republic Card supports the following countries: Austria, Belgium, Estonia, Finland, France, French Guiana, Germany, Greece, Guadeloupe, Ireland, Italy, Latvia, Lithuania, Luxembourg, Martinique, Mayotte, Netherlands, Portugal, Reunion, Saint-Martin, Slovakia, Slovenia, Spain.
To see our list of available crypto cards for 🇺🇸 United States, see this list. There are currently 12 cards listed there.
You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.
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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.
