Image: Kolo

Kolo Visa Card review: fees, cashback and limits

Name: Kolo Visa Card
Brand: Kolo

A simple stablecoin Visa with BTC cashback, cheap ATMs and wide country coverage.

By Taimoor, founder and editor Last checked 17 October 2026 5 sources

6.0out of 10

Visit Kolo

Quick answer

Kolo is a custodial Visa card that spends USDT, USDC and EURC with no annual or monthly fee. Every card payment carries a 1% fee, and payments in a currency other than the card's add another 1%, so 2% in total. It pays 2% back in BTC for your first 30 days, then 1%, capped at $100 a month, which roughly cancels the payment fee at home. ATM withdrawals cost $1 plus 0.65%, and you can top up on 11 networks including TRON, Solana and Ethereum.

Kolo at a glance

Best for	Stablecoin holders who want a simple card with cheap ATM cash that works in a lot of countries.
Skip it if	You want self-custody, high cashback or zero fees on every payment.
Network	Visa
Card issuer	Not disclosed (card services provided through Hardline Holdings with Raincards, per SpendNode)
Custody	Custodial (Kolo holds your balance)
Card type	Prepaid stablecoin card (USD and EUR versions)
Virtual or physical	Virtual
Cashback	2% then 1% in BTC
Annual fee	None. No monthly fee.
Apple Pay / Google Pay	Yes / Yes
Identity check (KYC)	Required
Where it works	The USD card is listed for 170+ countries and the EUR card for 130+, outside restricted jurisdictions.

Kolo fees

Card cost	10 USDC activation fee, which is credited back to your card balance
Annual or membership fee	None. No monthly fee.
FX and cross-border	1% extra on payments in another currency (2% in total with the payment fee), on top of the Visa rate.
Crypto conversion	1% fee on every card payment, including payments funded with stablecoins. No extra rate markup on USDT, USDC or EURC. Other crypto has a spread of roughly 0.3% to 1%.
ATM withdrawals	$1 plus 0.65% per withdrawal. Max $500 per withdrawal, 3 per 24 hours.
Other fees	ATM balance inquiry or declined ATM transaction: $0.60
	No weekend surcharge

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

What a $100 purchase costs with Kolo

$1.00Paid from stablecoins in the card's own currency

$2.00Paid from stablecoins in a foreign currency

$2.00Paid from other crypto, like BTC or ETH

$1.00Cashback on $100, Standard tier

These are Kolo'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 1% is the same as the median of 1% across the 60 cards we track with a published FX fee, and cheaper than 24 of them. For a full year based on your own spending, use the cost calculator.

Where it ranks by our score: #21 of 36 in Europe (EEA)#15 of 20 in United Kingdom #18 of 27 in Latin America #16 of 24 in Asia-Pacific #10 of 14 in Africa #12 of 16 in Middle East

Cashback and rewards

2% in BTC for your first 30 days, then 1%
Capped at $100 a month and $1 per transaction ($2 during the intro period)
Paid daily in BTC at the rate when the purchase was approved

Deposits and withdrawals

How to top up

Crypto deposits: USDT, USDC, EURC, BTC, ETH and LTC
Networks: TRON, Ethereum, Solana, Base, Arbitrum, Polygon, BNB Chain, Avalanche, TON, Bitcoin and Litecoin

Fees: No Kolo top-up fee listed. Blockchain network fees apply.

How to withdraw

Send crypto out to another wallet
SEPA bank transfers from the EUR side
ATM cash withdrawals

Fees: ATM $1 plus 0.65%. Network fees for crypto.

Supported assets: USDT, USDC, EURC, BTC, ETH and LTC across 11 networks.

Where Kolo works

The USD card is listed for 170+ countries and the EUR card for 130+, outside restricted jurisdictions.

Restricted jurisdictions apply. Check the app during sign-up.

GlobalEurope (EEA)United KingdomLatin AmericaAsia-PacificAfricaMiddle East

Limits and perks

Limits

ATM: $500 per withdrawal, 3 per 24 hours

Perks

Referral program paying 40% of Kolo fees from friends you invite
IBAN for euro transfers on the EUR card

Pros and cons

What's good

No annual or monthly fees
1% BTC cashback roughly offsets the 1% payment fee at home
Cheap ATM fees compared with most crypto cards
Lots of supported networks, including TRON

What's not

1% fee on every payment, 2% on foreign currency
Cashback drops to 1% after the first month and is capped
Custodial
Virtual card only

Our take on Kolo

Kolo keeps things simple. You deposit stablecoins on one of 11 networks, including TRON, which matters a lot if that's where your USDT lives, and spend with a Visa card in Apple Pay or Google Pay. There's no annual or monthly fee, and the 10 USDC activation fee goes back into your balance.

The catch is a 1% fee on every card payment, even when you pay with stablecoins, plus another 1% when you pay in a currency other than the card's. Spend $500 at home and you pay $5 in fees; spend it abroad in euros or pesos and it's about $10. The 1% BTC cashback cancels the home fee, so in practice Kolo is close to free for local spending and mid-priced for travel.

ATM fees are some of the lowest around: $1 plus 0.65%. Pull out $200 and you pay about $2.30, plus whatever the ATM operator adds. Limits are $500 per withdrawal and three a day.

Cashback is a nice extra rather than a reason to sign up. It's 2% in BTC for your first month, then 1%, capped at $100 a month and $1 per purchase. That per-purchase cap means anything above $100 earns the same $1 as a $100 purchase, so Kolo rewards lots of small spends, not big ones.

Kolo is custodial, so it holds your balance. The card program runs through regulated partners, and its crypto services moved to a Polish entity at the start of 2026. As with any custodial card, keep your spending money there, not your savings.

A no-drama stablecoin card with wide coverage and cheap ATMs. The 1% payment fee means it's best for local spending where cashback cancels it out, not for travel.

How we scored Kolo: 6.0/10

Methodology

Fees 30%

6 No annual fee and cheap ATMs, but 1% on every payment and 2% on foreign currency.

Rewards 20%

5 1% after the intro month, with caps.

Control 20%

4 Custodial, with most fees published.

Reach 15%

9 170+ countries on the USD card.

Flexibility 15%

7 11 networks and SEPA on the EUR side.

Kolo FAQ

Does Kolo charge fees to spend stablecoins?

Yes. Every card payment has a 1% fee, including stablecoin payments, and payments in another currency add 1% more. There's no extra rate markup on USDT, USDC or EURC.

How much cashback does Kolo pay?

2% in BTC for the first 30 days, then 1%. It's capped at $100 a month and $1 per transaction.

What are Kolo's ATM fees?

$1 plus 0.65% per withdrawal, with a limit of $500 per withdrawal and three withdrawals per 24 hours.

Which networks can I use to top up Kolo?

TRON, Ethereum, Solana, Base, Arbitrum, Polygon, BNB Chain, Avalanche, TON, Bitcoin and Litecoin.

Sources

KoloOfficial site
KK Investing: Kolo Card review1% payment fee and 1% non-USD fee from Kolo's pricing page, 2026
SpendNode: Kolo Card reviewCountry coverage, fees, cashback caps, entities, Aug 13, 2026
DefiLlama card details: KoloATM fees, networks, coins, verified Aug 30, 2026
Kolo integrates TRON (Newsfile)TRC-20 USDT top-ups, Feb 3, 2026

We checked these sources on 17 October 2026. Fees and rewards change often. Spotted something out of date? Report a correction and we'll check it within two working days.