If you’re looking for the best Bitcoin Debit Card, you’re in luck as there is a variety of cards to choose from. They let you cash out your Bitcoin and other cryptocurrencies instantly in the real world. Crypto Cards look and function as any modern visa or MasterCard but use cryptocurrencies in their back-end.
While the adoption of cryptocurrencies is increasing, most business still only accept fiat currencies. For this reason, cryptocurrency users have always had to first convert their holdings to fiat using an exchange, deposit it into a bank, and then spend it. Bitcoin Debit cards remove this hassle by letting you spend your cryptocurrencies instantly.
Read on if you’re interested in knowing other options that are available.
Choosing the Best Bitcoin Debit Card in UK
Customers in the UK can choose from various cards and are not short of choice. Each of them come with their pros and cons and one card might not be ideal for everyone. The metrics we look for are security, fees, ease-of-use, supported currencies, jurisdiction, and perks.
- Coinbase Card
- Best Bitcoin Debit Card in the UK: Verdict
CoinJar is one of the best options to spend your crypto in the UK. CoinJar is unique from some of the other offerings here: its convenience, slick app, and speed.
Once you’ve signed up, you can activate the CoinJar card instantly. Select the cryptocurrency of your choice, and CoinJar automatically converts as you use your card. We absolutely love Coinjar’s tech-first approach. The app is clean and easy to manage.
The Mastercard is instantly issued, with support for both Apple Pay and Google Pay. You can also order a physical card which you can use on older PoS machines or in ATMs for withdrawals.
In-store and online purchases come with a 1% fee. However, this fee is refunded as reward points which can be used as a discount for trading fees.
CoinJar Card Issuance Fee: Free
CoinJar Monthly fees: None
Other Fees: 1% fee for In-store and online purchases; 2.99% for foreign transactions.
Supported Fiat Currencies: GBP
CoinJar Supported: 50+ popular cryptocurrencies
Jurisdiction: UK, Australia
CoinJar Card Type: Mastercard
Wirex is by far the best Bitcoin Debit Card we’d recommend for most people in the UK. They are not just a card provider. Instead, Wirex is a challenger bank that natively supports cryptocurrencies.
Within the Wirex app, users can deposit and withdraw cryptocurrencies. Alternatively, cryptocurrencies can be instantly sold and converted to fiat currencies which can be spent using their Visa Card.
However, what makes Wirex truly special is its ‘Cryptoback.’ Wirex provides 2% cashback in Bitcoin for qualifying transactions made using its Visa card.
Wirex Card Issuance Fees: None
Wirex monthly fees: Free for the basic plan. £9.99 and £29.99 if you choose the premium and elite plans. They come with better cryptoback percentages.
Other Wirex Fees: ATM withdrawals above £400 per month attract a 2% fee
Supported Fiat Currencies: GBP, EUR, USD, SGD, etc.
Cryptocurrencies Supported: Bitcoin, Litecoin, Ethereum, TC, XRP, WXT, DAI, NANO and XLM
Jurisdiction: London, United Kingdom
Wirex Card Type: Visa
Revolut is another Challenger Bank, similar to Wirex. It is easy to open an account right within the app and supports conversion of major cryptocurrencies right within the app.
Revolut does not come with a reward system. However, it has some of the lowest fee in the industry. It has 4 different monthly plans to choose from, with the cheapest plan being free and the most expensive plan at £12.99 per month. The major difference is the difference in fees and additional purchase protection.
Revolut Card Type: Mastercard
CryptoPay offers a simple prepaid card that can be topped up with Cryptocurrencies. It does not come with any of the fancy features, a bank account, or a rewards program. However, it gets the part of offering a prepaid card right and straightforward.
The fee is also minimal as compared to other crypto cards. It comes with high spending limits which can be used at offline POS stations and for online purchases.
CryptoPay Card Type: Visa
Coinbase is one of the largest exchanges, and they conveniently offer a debit card to cash out your crypto gains quickly. It does not come with any of the frills such as rewards or any bonus features. However, it is a safe bet for those looking for an easy card from a reliable exchange.
Coinbase Card Type: Visa
Crypto.com, previously known as Monaco is an early pioneer in the crypto-card scene. They were one of the first companies to launch a visa-based crypto card. They have extensive crypto offering to serve all kinds of customers. Crypto.com provides five different cards with various rewards and features. While the basic version is free, the other four variants require staking of CRO tokens that can cost as much as £300,000 for the most expensive card.
Crypto.com card offers some of the most unique rewards. The base card comes with a 1% reward and goes all the way up to 8% on the highest-end card. Some variants even offer a free subscription to Spotify, Netflix, and Amazon Prime. Crypto.Com is the best Crypto Cash Back card in the UK.
Crypto.com Card Type: Visa
Monolith Card is probably one of the coolest and most unique cards in this list. Instead of using the traditional system, it runs on Ethereum Blockchain using smart contracts. This also means that the card does not support Bitcoin.
The card is linked to a non-custodial Ethereum wallet that is controlled by you, making it one of the most secure cards. The Ethereum on your wallet can be exchanged for fiat currencies on demand, which can be spent using the Monolith Visa Card. However, with the Ethereum Gas fee fluctuating, transaction costs can get really high.
Monolith Card Type: Visa
Best Bitcoin Debit Card in the UK: Verdict
Choosing a Bitcoin Debit Card can get hard. While the initial costs are low, the various fees add up. So, you have to choose the card that best suits you.
Wirex is most likely the best crypto card in UK for most people as it acts as a bank and cryptocurrency exchange rolled into one along with a debit card. The Bitcoin Cashback that they offer is also highly enticing.
Crypto.com Card is a good choice for those who’re looking for premium cards and can afford one. Meanwhile, Monolith has a truly unique offering by using the Ethereum Blockchain.
If you’re looking for something simple, and you already have a Coinbase account, a Coinbase Visa card might work for you. Otherwise, CryptoPay is also a good choice for its low fee and straightforward functioning.
If you’re looking to trade on exchanges, check out our article on Crypto-Friendly banks in the UK.