Best Crypto Cards Australia

Best Crypto Cards in Australia

Our specialists have crafted a comprehensive methodology for assessing the premier crypto cards available in Australia. This evaluation considers multiple factors, including adherence to Australian financial regulations, a history of secure transactions, transparency measures, fee arrangements, features, and the diversity of supported cryptocurrencies. Keep reading for an in-depth look at the top 5 crypto cards in Australia.

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1. CoinSpot Card

CoinSpot's crypto card is highly regarded for its comprehensive features tailored to the Australian market. The card allows users to instantly convert their cryptocurrency into Australian dollars, facilitating easy spending at local businesses. It is directly integrated with the platform, allowing for real-time balance checks and immediate fund transfers between your trading account and card. Regarding security, CoinSpot employs robust measures such as multi-factor authentication and cold storage solutions for digital assets. The platform complies with Australian financial regulations, adding an extra layer of trust. Additionally, CoinSpot offers customer support through multiple channels, including live chat and email, ensuring that users can get assistance whenever needed.

• Fees: 1% conversion fee for crypto to AUD, no additional fees.
• Supported Cryptos: 420 Cryptocurrencies.
• Daily Limit: $4,999 AUD per 24 hours.
• Card Type: Digital card that can only be used through Google Pay and Apple Pay.
• Support: 24/7 customer support via live chat, email (support@coinspot.com.au), and online ticketing system.
• Eligibility Requirements: Users must have a verified CoinSpot account (complete ID verification).

2. Bybit Card

Bybit's crypto card is designed with the global citizen in mind, particularly Australians living abroad. The card supports multiple fiat currencies, eliminating the need for currency conversion fees when traveling or residing overseas. It also offers leverage trading options, allowing users to trade contracts rather than just spot trading of cryptocurrencies. This is particularly useful for those looking to maximise their investment potential. Security features include end-to-end encryption and advanced fraud protection algorithms. Bybit also provides a mobile app that allows for real-time tracking of transactions and card balance, ensuring that you are always in control of your finances, no matter where you are. However, this card is only available to Aussies who can provide proof of residence in the EU.

• Fees: 1% conversion fee for crypto to AUD, no additional fees.
• Supported Cryptos: 1000+ Cryptocurrencies.
• Daily Limit: $10,000 AUD per 24 hours.
• Card Type: Physical and digital card can be used through Google and Apple Pay.
• Support: 24/7 customer support via live chat, email (support@bybit.com), and online communities.
• Eligibility Requirements: Users must have a verified Bybit account (complete ID verification) and must provide proof of address in the EU region.

3. Crypto.com Card

Crypto.com's card is renowned for its VIP rewards program, which offers tiered benefits based on the amount of CRO tokens you hold. Users can earn up to 8% cashback on all purchases, and the card also provides rebates for popular subscription services like Netflix and Spotify. For high-tier members, the perks extend to airport lounge access and even partnerships with private jet services. In terms of security, Crypto.com offers insurance coverage for your digital assets and complies with key financial regulations. The card also allows for the staking of its native CRO tokens, providing an additional avenue for earning rewards. The platform offers a dedicated app that not only tracks your spending and rewards but also provides market insights and allows for cryptocurrency trading.

• Fees: 2% on ATM withdrawals, 1% top-up fee, 3% on all non-AUD transactions, $10-$70 fee for closing the account or reissuing card and $5AUD fee per month after 12 months of inactivity.
• Supported Cryptos: 250 Cryptocurrencies.
• Daily Limit: $30,000 AUD per day and month.
• Card Type: Physical metal card.
• Support: 24/7 customer support via live chat or email (contact@crypto.com).‍
• Eligibility Requirements: Users must be verified and have staked CRO for 180 consecutive days prior to applying for the Crypto.com VISA card.

4. CoinJar Card

CoinJar offers a straightforward and user-friendly crypto card that supports multiple cryptocurrencies. One of its standout features is the social trading platform, where users can follow the trading activities of experienced investors and even replicate their trades. This offers a learning curve for newcomers and a community experience for all. The card comes with a transparent fee structure, and there are no hidden charges. The platform provides a mobile app that offers real-time insights into your spending, trading activities, and card balance, making it convenient for users to manage their finances on the go.

• Fees: 1% fee on all transactions, 3% fee on foreign transactions (non-AUD), 1% fee on ATM withdrawals, and a $27.50 fee for transaction disputes.
• Supported Cryptos: 50 Cryptocurrencies.
• Daily Limit: $5000 per 24 hours.
• Card Type: Physical and digital card.
• Support: Live chat available from Mon–Fri, 9AM to 2AM & Sat–Sun, 9AM to 5:30PM (AEST).
• Eligibility Requirements: Users must have completed the verification process.

5. Uphold Card

Uphold's crypto card is best known for its cash back feature, where users can earn up to 2% back in cryptocurrency or 1% back in fiat currencies like USD or AUD. The card supports a wide range of assets, not just cryptocurrencies but also commodities like gold and silver and even equities. This makes it a versatile option for those looking to diversify their portfolio. The Uphold card is compatible with both Google Pay and Apple Pay, making it convenient for contactless payments. The platform also offers real-time market statistics and trading tips, helping users make informed investment decisions. Uphold's fee structure is transparent, and the card does not charge any maintenance or inactivity fees, making it an affordable option for long-term use.

• Fees: 1.8% on all card transactions.
• Supported Cryptos: 250 Cryptocurrencies.
• Daily Limit: $10,000 per day.
• Card Type: Digital card available by Google and Apple Pay.
• Support: 24/7 customer support via live chat and social media communities.
• Eligibility Requirements: Users must complete full KYC.

What is a Crypto Card?

A cryptocurrency card is a physical or digital card that allows you to spend your digital assets like Bitcoin, Ethereum, or other altcoins for everyday transactions. Similar to a traditional debit or credit card, it bridges the gap between the digital currency world and real-world spending. When you use a cryptocurrency card at a store, restaurant, or online platform, the card automatically converts your digital assets into the local currency, making it convenient for both you and the merchant. 

These cards often come with mobile apps for easy management, enabling you to track your spending, check balances, and even freeze the card if it's lost or stolen. By offering a seamless way to use digital currencies for everyday expenses, cryptocurrency cards are making it easier for people to adopt and integrate digital assets into their daily lives.

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‍What is the Safest Crypto Card in Australia?

Gaining recognition for its solid security features and a quickly expanding circle of cardholders, the Bybit Visa card is the most secure crypto card in Australia. By complying with transparent, externally verified asset backing, the Bybit card guarantees that the value of the digital assets on the card aligns with the spending limits set for its users, thereby elevating its trustworthiness. 

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How to Get Crypto Card in Australia

As previously mentioned, the best cryptocurrency card in Australia is the CoinSpot Mastercard. To be eligible for the debit card, the only requirements are that you are over the age of 18, have a fully verified account, and make sure you have 2FA enabled. The entire verification and approval process will take about 10 minutes to complete.

Follow the below guide to get the CoinSpot Mastercard:

1. Download CoinSpot App: Download the CoinSpot app (card is only available on mobile) on iOS or Android.
2. Open Account: Sign up for the exchange and complete the verification process.‍
3. Buy Crypto to Spend: Go to 'Buy/Sell', find the token you want to spend on your card, and purchase it.
4. Add Card to Wallet: Click your profile icon, then 'CoinSpot Mastercard', and tap 'Contact Support'.
5. Wait for Confirmation: CoinSpot will shortly approve your card, and you can use it on Apple Pay or Google Pay.

Final Thoughts

To conclude, the landscape for crypto cards in Australia is both robust and user-friendly, thanks in large part to stringent regulations set by AUSTRAC. Whether you're a resident or an expat, options abound for secure and efficient management of your digital assets. CoinSpot leads the pack with its comprehensive features and top-notch security, closely followed by Bybit, Crypto.com, CoinJar, and Uphold.