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  5. Krak Card
Krak Card
Krak Card
ID Verification
Virtual Card Mastercard
8.4
Overall
Get This Card
Krak Card logo

Krak Card

by Kraken

Get This Card

Krak Card by Kraken offers seamless multi-asset spending from 400+ cryptos with 1% uncapped cashback. The established exchange backing and no-fee global spending make it a reliable choice for UK/EU Kraken users.

Pros

  • +1% unlimited cashback in fiat or Bitcoin
  • +Spend from 400+ crypto and fiat assets
  • +No transaction fees or FX fees anywhere
  • +Free physical card shipping in orange or black
  • +Up to 4% cashback on travel via Krak Concierge

Cons

  • -Only available in UK and EU currently
  • -Maximum cashback tier requires £/€50,000 in assets
  • -Variable spread applies on asset conversions
  • -Crypto spending creates taxable events
  • -Newer card product from established exchange
8.4/10
OverallExcellent
6.9/10
Community ScoreBased on 62 sources
Lv 3
KYC LevelID Verification

Table of Contents

Card Overview

Krak Card
Rewards
Cashback
1%
Cashback Crypto
BTC
Staking Rewards
✗
Staking APR
—
Welcome Bonus
—
Referral Bonus
—
Fees
Monthly Fee
Free
Card Issuance
Free
ATM Fee
Free
FX Fee
Free
Top-up Fee
Free
Decline Fee
Free
Limits
Daily Spend
Unlimited
Monthly Spend
Unlimited
ATM Withdrawal
Unlimited
Card Info
Card Type
Virtual Card, Physical Card
Card Network
Mastercard
Apple Pay
✓
Google Pay
✓
Rewards
Cashback
1%
Cashback Crypto
BTC
Staking Rewards
✗
Staking APR
—
Welcome Bonus
—
Referral Bonus
—
Fees
Monthly Fee
Free
Card Issuance
Free
ATM Fee
Free
FX Fee
Free
Top-up Fee
Free
Decline Fee
Free
Limits
Daily Spend
Unlimited
Monthly Spend
Unlimited
ATM Withdrawal
Unlimited
Card Info
Card Type
Virtual Card, Physical Card
Card Network
Mastercard
Apple Pay
✓
Google Pay
✓

KYC Requirements

Level: ID Verification
Email Verification
Required
Phone Verification
Required
Identity Document
Required
Proof of Address
Not Required
Selfie Verification
Not Required

Community Score

6.9/10
Sourced from
@future_logical8“Every day. I use a Krak card and pay with Bitcoin meaning I pay less for things and get cash back on every purchase.”@w3theo“my Krak card came with the mastercard logo ripped off, card scratched, definitely something happened with it and support gave no f disappointed with this one tbh @Krak”@Tommy Holland“It's actually a 5*platform Kraken+.$4.99 /mo gives you access to all the bonus features & extras each month that supposedly mote than has paid for itself according to past users? But they should tell you Kraken Pro has N0 $0/ mo fees to use, get the Kraken Card App also. Both exchanges are supposedly rated some of the best for having competitive low costs compared to all exchanges. Each gives you access to funded trading for a fraction of the actually funds you could receive if you can pass their training test. Get up to $10,000 on The + acct. Or up to $200,000 on the pro acct. Both are ”@Wayne dargue“Easy to use app and now with the card for purchases even better supper easy to transfer money to the app from your bank and to load the card. But compared to some other crypto apps it is a little more expensive. I signed up for the free month update but they changed me straight away so be aware of that. But otherwise love it is my go to day to day app and card for purchases. Kraken+ no my subscription didn’t lapse I received an email telling me about the free month I subscribe that day and 2 minutes later I was charged 4.99”@m&m“I am a high-tier Kraken Pro client with over $65,000 in my account. My retirement has been turned into a complete nightmare by this company. First, they locked my account for 90 days for transferring crypto to a cold wallet. After complying with that, I ordered a debit card using a mailbox address because I recently sold my home to travel full-time in an RV. Kraken instantly locked me out of my money again. To satisfy their compliance demands, I had to physically spend $1,500 out of pocket to rent a room just to get a residential address they would approve of. I uploaded the requested pic”@Gb2753“Krak card limit increase anytime soon? Usually I need around 200-300k euros a month spending limit sadly krak card is max 10k a month and also very poor per transaction limit of only 6000 euros. According to the support it cant be increased at all, no manual review or kyc available. Anyone knows if the limit increase is in scope for Kraken or there is any way to raise this?”@workonbase_“6I love @arc for its fast transactions and USDC gas fees. That’s a huge win for the network and stability. I love INK because I use my Kraken Visa card and get some seriously good cashback. And I love @base for giving me access to global markets without paying a dime.”@Affectionate-Fan2694“Im using mine in Japan for everything, the conversion in local currency is much cheaper than normal credit cards. Loving it! Works everywhere. Also used for withdrawals.”@tsopic“KRAK card account restricted due reciving salary on the account When does Kraken unrestrict a KRAK card account that has been restricted by receiving an official salary on the account? \- No questions asked in the "restriction notice" \- Live chat disabled for that account \- Support ticket created \- Complaint created \- Locked out of grocery buying and bill payments \- Today is the 7th day since the restriction was applied and essential debanked... When is this expected to be solved, and what is the compensation for locking a person out of their funds without explanation? You a”@BullfrogGlobal1433“KRAK card UK 10 days showing my incoming transfer "in progress" No human support, just AI suggestions and questions that keep going in a loop. Fedup with thus. Release my money now!!”@Clifford Walker“not being nable to easily spend the crypto i purchased”@John Ki“For some reason, I haven't been able to make any purchases for the past week.”@KapteinTruse“Er planen å betale ting med krypto eller å bruke det pga andre fordeler de har? Som andre sier, så er hver handel der du bruker kryptoen din til å betale en transaksjon som utløser skatt siden du da selger krypto for å betale i det du handler. Jeg skaffet meg selv dette kortet for noen uker siden, men jeg bruker det utelukkende med vanlig valuta istedenfor å kjøpe ting med krypto. De gir deg relativt bra cashback for å være et debitkort som man ikke må søke om å få osv, utbetalt i cash (eller BTC om du ønsker det da). Har du verdier verdt rundt 10-12k i cash eller krypto hos Kraken får du 1%”@Apple-ID_Anonymous“I just got it, the 2% cashback offer is only valid for 30 days. Additionally, it’s only a debit card. If you want the metal card that indicates it’s virtual, you’ll also need to deposit $50,000 in Kraken. In conclusion, the Robinhood 3% credit card is clearly a better option, in my opinion 🤠”@Any-Personality2931“Account frozen for a “security review” since July 1st, still no word Krak Card On July 1st I got an email saying Kraken had placed temporary restrictions on my account for security reasons, some kind of internal review of transaction activity. Deposits, withdrawals, Krak Pay transfers, and card transactions all suspended. The email said no action was needed on my part and that someone would reach out by email if they needed more info, and asked me to reply promptly so they could finish the review quickly. I replied the same day, said I was happy to provide anything they needed to speed thing”@@naeemvy3“Card day ni, account ban maybe contact support lika ase”@PomegranateRough3570“How to export the Krak card activity? I can see the Krak card activity (deposits and payments) on the Krak mobile app, but I do not find a way to export it. How can I export the Krak card activity is a csv, or pdf?”@InsightSmith“There are no additional fees, and the conversion rate is satisfactory”

Category Breakdown

KYC Simplicity
6.8/10
Reward Value
7/10
App Experience
6.8/10
Support Quality
7.1/10

Features

Online PaymentsContactless

Supported Cryptocurrencies

0 cryptocurrencies supported