Image: Xapo Bank

Xapo Bank Card review: fees, cashback and limits

Name: Xapo Bank Card
Brand: Xapo Bank

A licensed bitcoin bank's metal card with no FX fee and limited-time BTC cashback offers.

By Taimoor, founder and editor Last checked 16 October 2026 4 sources

5.7out of 10

Quick answer

Xapo Bank is a licensed private bank in Gibraltar, and its metal debit card spends with no FX fee. Instead of a flat cashback rate, it runs limited-time offers paid in bitcoin, such as 3% on rideshares from July to October 2026. Membership costs $1,000 a year. Spending bitcoin carries a 0.1% spread, ATM withdrawals are free up to $100 a month and then 2%, and daily spending is capped at $10,000.

Xapo Bank at a glance

Best for	Bitcoin holders who want a regulated bank account and card in one place.
Skip it if	You won't use the account enough to justify $1,000 a year.
Network	Mastercard
Card issuer	Xapo Bank (licensed in Gibraltar)
Custody	Custodial (held by a licensed bank)
Card type	Debit
Virtual or physical	Physical metal card
Cashback	Limited-time offers in BTC
Annual fee	$1,000 a year membership
Apple Pay / Google Pay	No / No
Identity check (KYC)	Required
Where it works	Available in many countries. Some countries can't receive the card or full banking services.

Xapo Bank fees

Card cost	Free
Annual or membership fee	$1,000 a year membership
FX and cross-border	0%
Crypto conversion	0.1% bitcoin spread
ATM withdrawals	Free up to $100 a month, then 2%. Max $1,000 per withdrawal.

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

What a $100 purchase costs with Xapo Bank

$0.00Paid from stablecoins in the card's own currency

$0.00Paid from stablecoins in a foreign currency

$0.10Paid from other crypto, like BTC or ETH

$0Cashback on $100, Membership tier

These are Xapo Bank's own fees on the Membership 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.

Cashback and rewards

No flat cashback rate. Xapo runs time-limited offers paid in bitcoin.
1 July to 31 October 2026: 3% back in BTC on rideshares like Uber, Lyft and taxis with the metal card

Deposits and withdrawals

How to top up

Bank transfers into your USD account
Bitcoin and USDC deposits, including Lightning

Fees: No top-up fee.

How to withdraw

Bank transfers
Bitcoin and USDC withdrawals, including Lightning
ATM withdrawals

Fees: ATM free up to $100 a month.

Supported assets: BTC and USDC, plus USD.

Where Xapo Bank works

Available in many countries. Some countries can't receive the card or full banking services.

Check eligibility with Xapo Bank.

Global

Limits and perks

Limits

$10,000 a day

Perks

Licensed private bank account

Pros and cons

What's good

Regulated bank holding your money
No FX fee and a tiny bitcoin spread
Bitcoin cashback offers on top of the banking

What's not

$1,000 a year
No Apple Pay or Google Pay listed
Low free ATM allowance

Our take on Xapo Bank

Xapo Bank is unusual in this list: it's a licensed private bank in Gibraltar that treats bitcoin as a first-class asset. Your account holds dollars, bitcoin and USDC, and the metal Mastercard spends them with no FX fee and a 0.1% bitcoin spread.

The catch is the $1,000 yearly membership. Card rewards come as limited-time bitcoin offers, like 3% on rideshares in late 2026, not a flat rate, so cashback will never pay for the membership. The value is in the banking relationship and security.

A premium bitcoin bank account, not a rewards card. Worth it only if you'll use the banking.

How we scored Xapo Bank: 5.7/10

Methodology

Fees 30%

4 $1,000 a year, but no FX fee.

Rewards 20%

4 Limited-time bitcoin offers only.

Control 20%

8 Licensed bank.

Reach 15%

7 Many countries, with exceptions.

Flexibility 15%

7 USD, BTC, USDC and Lightning.

Xapo Bank FAQ

How much does the Xapo Bank Card cost?

Free. Annual or membership fee: $1,000 a year membership.

Does Xapo Bank have cashback?

Limited-time offers in BTC. No flat cashback rate. Xapo runs time-limited offers paid in bitcoin.

What are the Xapo Bank FX and ATM fees?

FX: 0%. ATM: Free up to $100 a month, then 2%. Max $1,000 per withdrawal.

Where is Xapo Bank available?

Available in many countries. Some countries can't receive the card or full banking services. Check eligibility with Xapo Bank.

Is Xapo Bank self-custody?

Custodial (held by a licensed bank).

Sources

Xapo Bank: transactCard cashback offers, ATM fees, checked Oct 17, 2026
Xapo Bank service feesMembership, ATM and card fees
cryptocards.so: Xapo Bank cardFees, cashback, limits
Coin Bureau: Xapo Bank reviewBank review, Mar 27, 2026

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.