Pionex Card (Visa or Mastercard) review: fees, cashback and limits
The trading-bot exchange's virtual card, spending USDT with 1% back.
Quick answer
The Pionex Card is a virtual Visa or Mastercard that spends USDT from your Pionex exchange account. There's no annual fee. The Visa version charges 1% on every purchase and pays 1% back in USDT, which Pionex calls a promotional subsidy that can change. The Mastercard version lists a transaction fee of up to 3.5% and 0.1% to 1% back. You need more than 100 USDT (Visa) or 10 USDT (Mastercard) in your account to apply. Physical cards are invite-only, with 2% ATM fees.
Pionex Card at a glance
| Best for | Pionex traders in Asia, Africa and the Middle East who want to spend USDT online. |
|---|---|
| Skip it if | You want a card that's cheap without a promotion, or a physical card. |
| Network | Visa or Mastercard |
| Card issuer | Not named by Pionex |
| Custody | Custodial. USDT sits on the Pionex exchange. |
| Card type | Prepaid |
| Virtual or physical | Virtual. Physical Visa for invited users only. |
| Cashback | Up to 1% in USDT |
| Annual fee | None |
| Apple Pay / Google Pay | Yes / Yes |
| Identity check (KYC) | Required |
| Where it works | Many countries outside the US. Pionex publishes an unsupported-country list, and Pionex.US is a separate company without this card. |
Pionex Card fees
| Card cost | Free. Visa needs more than 100 USDT in your account to apply, Mastercard more than 10 USDT. |
|---|---|
| Annual or membership fee | None |
| FX and cross-border | No separate FX fee published. The card transaction fee applies to every purchase. |
| Crypto conversion | Visa: 1% per transaction. Mastercard: up to 3.5% per transaction. |
| ATM withdrawals | Physical Visa (invite-only): 2%. Not available on virtual cards. |
| Other fees | Failed payment fee of $0.50 in some cases |
Visa and Mastercard apply their own exchange rates on top of any card markup. Check the fee page in the Pionex Card app for your country before you load money. To see what Pionex Card would cost you in a year compared with every other card, try the cost calculator.
What a $100 purchase costs with Pionex Card
These are Pionex Card's own fees on the Visa tier, before the card network's exchange rate and any ATM or top-up costs. Its FX markup of 0% is lower than the median of 1% across the 60 cards we track with a published FX fee, and cheaper than 37 of them. For a full year based on your own spending, use the cost calculator.
Where it ranks by our score: #27 of 27 in Latin America#23 of 24 in Asia-Pacific#14 of 14 in Africa#16 of 16 in Middle East
Cashback and rewards
- Visa: 1% back in USDT, described by Pionex as a promotional subsidy
- Mastercard: 0.1% to 1% back in USDT
- No published monthly cap
Deposits and withdrawals
How to top up
- Move USDT from your Pionex account to the card balance
- Deposit crypto to Pionex on its supported networks
Fees: No internal transfer fee. Network fees for deposits.
How to withdraw
- Move funds back to your Pionex account and withdraw crypto
Fees: Pionex withdrawal fees by network.
Supported assets: USDT.
Where Pionex Card works
Many countries outside the US. Pionex publishes an unsupported-country list, and Pionex.US is a separate company without this card.
The US and the countries on Pionex's unsupported list.
Limits and perks
Limits
- Visa: $10,000 per transaction and per day, $50,000 a month
- Mastercard: $20,000 per transaction and per day, $100,000 a month
Perks
- Visa cards can be linked to PayPal
Pros and cons
What's good
- No annual fee
- 1% USDT back on Visa roughly cancels the 1% fee
- Works with Apple Pay and Google Pay
What's not
- 1% to 3.5% fee on every purchase
- Cashback is a promotion that can end
- Physical cards are invite-only
- Custodial exchange balance
Our take on Pionex Card
Pionex is an exchange best known for automated trading bots, and its card lets you spend the USDT in your account. Most people get a virtual card, Visa or Mastercard, that works online and with Apple Pay and Google Pay.
The pricing is a wash on the Visa version: 1% fee on every purchase, 1% back in USDT. Pionex says that cashback is a promotional subsidy, so if it ends you're left paying 1% on everything. The Mastercard version can cost up to 3.5% per purchase. Only invited users get a physical card, which charges 2% at ATMs.
Fine for spending trading profits online while the 1% cashback lasts. Not a card to rely on long term.
How we scored Pionex Card: 4.5/10
MethodologyPionex Card FAQ
Does the Pionex Card charge fees?
No annual fee, but the Visa card charges 1% on every purchase and the Mastercard up to 3.5%.
How much cashback does the Pionex Card pay?
1% in USDT on the Visa card and 0.1% to 1% on the Mastercard. Pionex calls the Visa cashback a promotional subsidy.
Sources
- Pionex: How to apply for the Pionex CardApplication rules
- Penchan: Pionex Card reviewFees, cashback, physical card and ATM, 2026
- cryptocard.guide: Pionex CardVisa and Mastercard fee schedules and limits, checked Aug 14, 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.
Compare Pionex Card with
Image: KASTKAST
A stablecoin account with US and EU banking details and a Visa card on top.
Image: KrakenKrak Card
Kraken's low-fee debit card for the UK, Europe and most of the US, with up to 2% back.
Image: WirexWirex One
A veteran crypto card, now with a self-custody wallet and up to 8% back in USD.