Image: Kolo
Image: RedotPayKolo vs RedotPay
Quick answer
Both are custodial stablecoin cards that work in most countries. Kolo has a cheaper start (10 USDC activation, credited back), cheap $1 plus 0.65% ATMs and 1% back in BTC, but charges 1% on every payment and 2% on foreign currency. RedotPay charges $10 for a virtual card and $100 for a physical one, 1.2% FX plus 1% conversion, and 2% at ATMs, but covers even more countries and supports P2P top-ups.
Kolo and RedotPay compared
| Kolo | RedotPay | |
|---|---|---|
| Our score | 6.0/10 | 6.3/10 |
| Best for | Stablecoin holders who want a simple card with cheap ATM cash that works in a lot of countries. | People in countries that most crypto cards skip, and anyone who wants P2P funding with local payment methods. |
| Cashback | 2% then 1% in BTC | None on standard. 3% on Apple Pay and Google Pay with Pro, capped at $18 a month |
| Card cost | 10 USDC activation fee, which is credited back to your card balance | Virtual card $10. Physical card $100. Standard delivery free, express courier priced by country. |
| Annual fee | None. No monthly fee. | None |
| FX | 1% extra on payments in another currency (2% in total with the payment fee), on top of the Visa rate. | 1.2% when you pay in a currency other than your card's default |
| 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%. | 1% when crypto is converted to spend |
| ATM | $1 plus 0.65% per withdrawal. Max $500 per withdrawal, 3 per 24 hours. | 2% per withdrawal. On the USD card, 2% up to $10,000 a month, then 3%. |
| Custody | Custodial (Kolo holds your balance) | Custodial (funds sit in your RedotPay account) |
| Network | Visa | Not named on RedotPay's card page |
| Top up with | Crypto deposits: USDT, USDC, EURC, BTC, ETH and LTC; Networks: TRON, Ethereum, Solana, Base, Arbitrum, Polygon, BNB Chain, Avalanche, TON, Bitcoin and Litecoin | Crypto deposits including USDT, USDC, BTC, ETH, BNB, SOL, TRX, XRP and SUI on supported networks; Buy crypto with a bank card inside the app; P2P marketplace with local currencies and payment methods (selected regions) |
| Withdraw by | Send crypto out to another wallet; SEPA bank transfers from the EUR side; ATM cash withdrawals | Send crypto to an external wallet or exchange; Sell stablecoins for local currency through P2P (selected regions); Free in-app transfers to other RedotPay users; ATM cash withdrawals with the card |
| Where it works | The USD card is listed for 170+ countries and the EUR card for 130+, outside restricted jurisdictions. | Very wide. Third-party trackers list RedotPay in around 200 countries and territories. P2P and Earn are only offered in selected regions. |
| Last checked | 17 October 2026 | 17 October 2026 |
Which one should you pick?
For local spending and cash, Kolo is cheaper, since its cashback roughly cancels its payment fee at home. RedotPay is the fallback when nothing else works in your country or you need P2P funding with a local payment method.
Frequently asked questions
Which is cheaper abroad, Kolo or RedotPay?
On the entry tier, Kolo has the lower FX markup. Kolo: 1% extra on payments in another currency (2% in total with the payment fee), on top of the Visa rate.. RedotPay: 1.2% when you pay in a currency other than your card's default.
Which pays more cashback, Kolo or RedotPay?
RedotPay has the higher top rate. Kolo: 2% then 1% in BTC. RedotPay: None on standard. 3% on Apple Pay and Google Pay with Pro, capped at $18 a month. Check caps and requirements on each review.
Are Kolo and RedotPay self-custody?
Kolo: Custodial (Kolo holds your balance). RedotPay: Custodial (funds sit in your RedotPay account).