Kraken Crypto Card Fees, Cashback, Virtual Card And Stablecoins

Kraken Card Overview

Kraken Card Key features

• Crypto debit spending

  Spend balances held on Kraken or Krak at shops, websites, and ATMs. Purchases settle in local fiat through Mastercard in the UK and EEA or Visa in the United States.

• Spend Order control

  Rank spendable assets and block coins you do not want to sell. If the first asset cannot cover a purchase, the card uses the next eligible asset in the list.

• Everyday balance

  Move the cash or crypto you plan to spend into a separate Everyday balance. Trading inventory, staking positions, and other exchange holdings stay outside the spending balance until you move funds.

• Tiered Bitcoin cashback

  Cashback can reach 2% based on your 30 day average balance across Krak, Kraken, and Kraken Pro. You can receive rewards in Bitcoin or local fiat, while ATM cash, refunds, chargebacks, wires, and very small purchases do not qualify.

• Instant virtual card

  The app issues a virtual card immediately. You can add it to Apple Pay or Google Pay before your physical card arrives.

• Physical card

  The first physical card is free and needs in-app activation and a PIN. A Metal Card is available for users who meet the top Rewards tier balance requirement.

• Low card fees

  Kraken lists no annual fee, monthly fee, local currency transaction fee, foreign exchange markup, or Kraken ATM fee. Crypto spending still includes a variable conversion spread in the sale price, and an ATM operator may charge its own fee.

• Card security controls

  The app provides charge alerts, one-tap card freeze, PIN and CVV access, and 3D Secure checks at supported online merchants.

• Local currency refunds

  Merchant refunds return to Everyday in GBP, EUR, or USD. The card does not automatically buy back the crypto sold for the original purchase.

• Custodial crypto balance

  Crypto in Everyday remains under Kraken custody, so you do not hold the private keys. UK and EEA fiat balances are described as safeguarded, while US Everyday balances are not FDIC or SIPC insured.

• Regional availability

  Verified personal account holders in the UK and EEA can use the Mastercard card, while eligible US residents can use the Visa card. Business accounts are excluded, and US state availability is incomplete.

Kraken Card Fees

• Annual fee There is no annual fee.
• Monthly fee There is no monthly fee.
• Card issuance The first virtual card and first plastic card are free.
• Foreign exchange Kraken adds no FX markup, but crypto or cross-asset spending includes a variable spread in the sale price.
• ATM withdrawals Kraken adds no ATM fee, but the cash machine operator may charge a surcharge.

Kraken Card Supported networks

• Bitcoin
• Ethereum
• Solana
• Base
• BNB Chain
• Polygon
• Arbitrum
• Avalanche
• Optimism
• Linea
• Ink
• Dogecoin
• Ripple
• Litecoin
• Tron
• Stellar
• Cosmos
• Polkadot

How to use Kraken Card

1. 1

   Create a personal account

   Open the latest Kraken app in a supported region and use a personal account. Business accounts cannot order the card.

2. 2

   Verify your identity

   Complete Kraken's identity checks before ordering the card. The card flow is available to verified personal users in the UK, EEA, and eligible US regions.

3. 3

   Order the virtual card

   Start the card flow, choose a virtual design, and accept the card terms. Install Krak and sign in with the same email and password.

4. 4

   Fund Everyday

   Move the cash or crypto you plan to spend into the Everyday balance. In Krak, open Spend Order, rank your spendable assets, and block any asset you do not want sold.

5. 5

   Make your first payment

   Use the virtual card at a merchant that accepts its network, or add it to Apple Pay or Google Pay first. The platform converts the selected asset into local fiat at authorization and settles the purchase with the merchant.

Kraken Card Demo video

Kraken Card Screenshots

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Kraken Card User Reviews

• ?

  Recently started using @Krak card and its hard not to recommend, especially if u already use kraken
  
  (Up to) 2% cashback and im choosing to get it paid in BTC
  
  Before switching, i was getting zero cashback and just crumbs for points.

• ?

  Honored to receive my @KrakenFX Metal Card 🖤
  
  I've maintained over $50K in assets on Kraken for the past 30 days, and the 2% cashback is a great perk.
  
  The card itself feels incredibly premium too.
  
  Would you take your cashback in BTC or GBP? 👀

• ?

  This beauty was sitting in my hotel room in Sydney. It's a metal card, heavy and will be flagged by airport scanners. Kraken offers 2% cashback on all spent payable in USD or BTC.
  
  I have used the card virtually via Apple Pay for 2 months and am super happy with it.

Kraken Card Review

Kraken funding

• Founded by Jesse Powell co-founded Kraken.
• Early raise - Mar 2014 Payward raised about $5 million in a round led by Hummingbird Ventures.
• Secondary stake - Apr 2026 Deutsche Börse invested about $200 million through a secondary stake, at an implied valuation of about $13.3 billion.
• Investment - Sep 2026 Nasdaq Ventures invested $100 million at a $21 billion valuation.

Kraken Card Updates

1. 

   Kraken Nov 10, 2026 · 18:03
   Not available in the US or to US persons. Geo restrictions apply.
   • 6 replies
   • 1 reposts
   • 10 likes
   • 4.5K views
2. 

   Kraken Nov 10, 2026 · 17:01
   Anthropic IPO access is now open.
   Explore the details and place your request 👇
   https://app.kraken.com/JDNW/AnthropicIPO
   • 30 replies
   • 22 reposts
   • 215 likes
   • 34.9K views
3. 

   Kraken Nov 10, 2026 · 15:46
   One less thing to remember.
   You can now schedule automatic deposits from your bank to Kraken, with no deposit fee.
   Choose your amount and schedule. Pause or cancel anytime. US only.
   Set up recurring deposits 👇
   https://app.kraken.com/JDNW/deposit
   • 20 replies
   • 3 reposts
   • 90 likes
   • 18.3K views
4. 

   Kraken Nov 9, 2026 · 17:45
   A few taps could put more of your portfolio to work.
   Go to Portfolio → Earn in the Kraken app to see available ways to earn, check what’s already working, and turn on Auto Earn.
   Availability and rewards vary by location and asset.
   • 14 replies
   • 3 reposts
   • 75 likes
   • 19.7K views
5. 

   Kraken Nov 9, 2026 · 16:22
   Trading under pressure hits different.
   Same charts you read every day. Except this time, everyone is reading your PnL.
   Breakout Trading Fight, episode 2 ⤵️
   https://www.youtube.com/watch?v=VrnKxIouLt8
   • 13 replies
   • 2 reposts
   • 71 likes
   • 22.2K views
6. 

   Kraken Nov 7, 2026 · 17:32
   A big week across the Payward family. Catch up on what’s new.
   • 31 replies
   • 15 reposts
   • 210 likes
   • 31K views
7. 

   Kraken Nov 6, 2026 · 18:16
   gm to everyone making GIFs with @OpenAIDevs’ new GPT-Image-2.6 👀
   • 54 replies
   • 23 reposts
   • 478 likes
   • 32.9K views
8. 

   Kraken Nov 6, 2026 · 00:00
   The company behind Claude is going public.
   And it’s coming to Kraken soon.

   
   • 52 replies
   • 58 reposts
   • 446 likes
   • 37.1K views
9. 

   Kraken Nov 5, 2026 · 15:03
   The future of finance is taking shape, and we’re excited to be part of it.
   An investment fund affiliated with Payward and its clients has purchased AAVE tokens, the native token of the Aave network.
   We’re also exploring opportunities to work with @Aave on future initiatives.
   Learn more 👇
   https://www.payward.com/press-release/aave-token-acquisition
   • 17 replies
   • 17 reposts
   • 126 likes
   • 11.3K views
10. 

    Kraken Nov 5, 2026 · 15:00
    What if trading became a sport?
    Paris. France's top trading creators. One leaderboard, nowhere to hide.
    Breakout Trading Fight, powered by Kraken. Episode 1 ⤵️
    https://www.youtube.com/watch?v=Mu_viopRe0E
    • 23 replies
    • 14 reposts
    • 86 likes
    • 27.1K views
11. 

    Kraken Nov 4, 2026 · 18:04
    Big ideas, great conversations and plenty of energy at @SALTConference London.
    Our co-CEO @DavidLRipley joined the conversation on stage.
    Here’s a look back at the event 🎥
    • 22 replies
    • 9 reposts
    • 119 likes
    • 24.1K views
12. 

    Kraken Nov 4, 2026 · 15:04
    Have you tried a vault on Kraken yet?
    Protected Strategies is a USDC vault for earning rewards. Your balance may be eligible for coverage up to $100K per depositor, subject to Firelight's terms.
    Explore the vault →
    https://app.kraken.com/JDNW/CashVault

    
    • 24 replies
    • 11 reposts
    • 143 likes
    • 35.1K views
13. 

    Kraken Nov 4, 2026 · 14:18
    Now live: $KOR
    @KorProtocol is an onchain clearinghouse for creative assets, coordinating verification, routing, and settlement across the lifecycle of a creative work.
    Start trading today → https://proapp.kraken.com/9f1e/KOR

    
    • 5 replies
    • 6 reposts
    • 34 likes
    • 9.3K views
14. 

    Kraken Nov 4, 2026 · 01:00
    One of the most anticipated IPOs yet.
    And you may have a way in. 👀
    Deets soon.
    • 156 replies
    • 103 reposts
    • 980 likes
    • 98.6K views
15. 

    Kraken Nov 3, 2026 · 20:11
    coming soon 👀
    • 35 replies
    • 83 reposts
    • 830 likes
    • 56.1K views
16. 

    Kraken Nov 3, 2026 · 18:30
    More ways to put your HYPE to work.
    kHYPE lets you keep your $HYPE in Kraken custody and use it onchain. And thanks to @nadoHQ, you can now use it as collateral.
    Congrats to the Nado team 🤝
    @HyperliquidX
    • 31 replies
    • 37 reposts
    • 319 likes
    • 30.2K views
17. 

    Kraken Nov 3, 2026 · 17:35
    Is $Cashcat king? 👑
    Find it on Kraken ⤵️
    https://app.kraken.com/JDNW/ExploreDEX

    
    • 50 replies
    • 28 reposts
    • 153 likes
    • 22.3K views
18. 

    Kraken Nov 3, 2026 · 15:00
    Coming soon: $KOR
    @KorProtocol is the creative asset clearinghouse for the AI Economy.
    Trading starts Nov 4
    Get ready → https://www.kraken.com/sign-up

    
    • 5 replies
    • 6 reposts
    • 53 likes
    • 17.2K views
19. 

    Kraken Nov 3, 2026 · 14:17
    EUR CoinVertible is now live on Kraken.
    EUR CoinVertible is a euro stablecoin issued by Societe Generale-FORGE, backed 1:1 by euro collateral held at Societe Generale. Trade, hold and send EURCV.
    Start today: https://proapp.kraken.com/9f1e/EURCV
    Geographic restrictions apply

    
    • 5 replies
    • 6 reposts
    • 25 likes
    • 5.9K views
20. 

    Kraken Nov 2, 2026 · 16:42
    One lucky winner has woken up to 1,000 SOL in their Kraken account.
    The Kraken Halloween Sweepstakes is officially a wrap, thanks to everyone who entered!
    What should we give away next time?

    
    • 126 replies
    • 35 reposts
    • 500 likes
    • 45.2K views

Kraken Card Reviews & Comments

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