Image: Binance

Binance Card review: fees, cashback and limits

Name: Binance Card
Brand: Binance

The world's biggest exchange card, back in selected markets with up to 3% in BNB.

By Taimoor, founder and editor Last checked 16 October 2026 3 sources

6.0out of 10

Quick answer

The Binance Card is a custodial Mastercard prepaid card that spends crypto from your Binance account, including Flexible Earn balances. It's available in selected markets such as Brazil, Australia, New Zealand and Peru, not in Europe, the UK or the US. There's no annual fee. Crypto conversion costs 0.9% (0.1% for USDC), FX adds 2% on top of Mastercard's rate, and cashback is up to 3% in BNB where offered.

Binance Card at a glance

Best for	Binance users in supported markets who want to spend directly from their exchange balance.
Skip it if	You live in Europe, the UK or the US, or you travel a lot.
Network	Mastercard
Card issuer	Not named
Custody	Custodial (funds stay on Binance)
Card type	Prepaid debit
Virtual or physical	Virtual and physical
Cashback	Up to 3% in selected markets
Annual fee	None
Apple Pay / Google Pay	Yes / Yes
Identity check (KYC)	Required
Where it works	Selected markets including Brazil, Australia, New Zealand and Peru. Binance doesn't publish a fixed country list.

Binance Card fees

Card cost	None
Annual or membership fee	None
FX and cross-border	2% on top of Mastercard's rate
Crypto conversion	0.9% on crypto spending (0.1% for USDC)
ATM withdrawals	2 free withdrawals a month, then $1.50 each
Other fees	Cancelling a physical card within a year: 30 BRL (Brazil)

Mastercard applies its own exchange rate on top of any card markup. Check the fee page in the Binance Card app for your country before you load money. To see what Binance Card would cost you in a year compared with every other card, try the cost calculator.

What a $100 purchase costs with Binance Card

$0.10Paid from stablecoins in the card's own currency

$2.10Paid from stablecoins in a foreign currency

$0.90Paid from other crypto, like BTC or ETH

$0Cashback on $100, Standard tier

These are Binance Card's own fees on the Standard tier, before the card network's exchange rate and any ATM or top-up costs. Its FX markup of 2% is higher than the median of 1% across the 60 cards we track with a published FX fee, and cheaper than 8 of them. For a full year based on your own spending, use the cost calculator.

Where it ranks by our score: #16 of 27 in Latin America #14 of 24 in Asia-Pacific

Cashback and rewards

Rates and payout coin depend on your market
Mexico (from June 2026): 1.5% under $100 a month, 2% from $100 and 3% from $1,000, capped at $100 a month and paid in BTC
Brazil has shown 2%, with older terms capping cashback at 250 BRL a month

Deposits and withdrawals

How to top up

Spend USDT, USDC, FDUSD, BNB, BTC, ETH, SOL, XRP, LTC or ADA from your Binance account
Spend straight from Flexible Earn balances
BRL deposits in Brazil

Fees: Conversion fee applies when crypto is spent.

How to withdraw

Withdraw crypto or local currency from Binance
ATM cash withdrawals

Fees: ATM free twice a month, then $1.50.

Supported assets: 10 assets including USDT, USDC, BNB and BTC.

Where Binance Card works

Selected markets including Brazil, Australia, New Zealand and Peru. Binance doesn't publish a fixed country list.

Not available in Europe, the UK or the US.

Latin AmericaAsia-Pacific

Limits and perks

Limits

$20,000 daily and monthly spending, $100,000 a year (higher with more verification)

Perks

Spend from Flexible Earn while it keeps earning

Pros and cons

What's good

No annual fee
Spend from Flexible Earn balances
Cheap 0.1% conversion on USDC
Free ATM withdrawals twice a month

What's not

2% FX on foreign purchases
0.9% conversion on most crypto
Limited, app-gated availability
Custodial on an exchange

Our take on Binance Card

Binance's original Visa card shut down in many regions in 2023, and the current version is a Mastercard prepaid card in a smaller set of markets such as Brazil, Australia, New Zealand and Peru. If you're eligible, it spends directly from your Binance balance, including Flexible Earn, so your money keeps earning until you pay.

Costs depend on what you spend. USDC converts for just 0.1%, while other crypto costs 0.9%. Foreign purchases add 2% on top of Mastercard's rate, which is high for a travel card. Cashback of up to 3% in BNB is available in selected markets.

Handy if you're a Binance user in a supported country. Spend USDC to keep costs down and avoid using it abroad.

How we scored Binance Card: 6.0/10

Methodology

Fees 30%

6 No annual fee and cheap USDC spending, but 2% FX.

Rewards 20%

6 Up to 3% in BNB where offered.

Control 20%

5 Custodial exchange.

Reach 15%

5 Selected markets only.

Flexibility 15%

8 10 spendable assets and Flexible Earn.

Binance Card FAQ

How much does the Binance Card cost?

None. Annual or membership fee: None.

Does Binance Card have cashback?

Up to 3% in selected markets. Rates and payout coin depend on your market.

What are the Binance Card FX and ATM fees?

FX: 2% on top of Mastercard's rate. ATM: 2 free withdrawals a month, then $1.50 each.

Where is Binance Card available?

Selected markets including Brazil, Australia, New Zealand and Peru. Binance doesn't publish a fixed country list. Not available in Europe, the UK or the US.

Is Binance Card self-custody?

Custodial (funds stay on Binance).

Sources

Binance: How the Binance Card Global Program cashback works (Mexico)Cashback tiers, cap and payout, updated Sep 25, 2026
SpendNode: Binance card reviewMarkets, fees, cashback, limits, verified Sep 30, 2026
Finance Magnates: Binance Card adds daily cashback and auto top-up2026 update

We checked these sources on 16 October 2026. Fees and rewards change often. Spotted something out of date? Report a correction and we'll check it within two working days.