Is Exa Card (Exactly) Safe?

Exa Card (Exactly) scores 75/100 on our safety check. Each factor below links to its source.

Safety score

75/100

Good

Keep only what you plan to spend on the card. Stablecoins remove price risk while funds wait. Spreading funds across two providers limits the damage if one freezes.

Licensing15/25

Holds a licence or registration outside the tier-one list (Card issued by Nimbus LLC dba Third National, licensed as a Money Transmitter by the Commissioner of Financial Institutions of Puerto Rico (licence TM-0207, NMLS 2612780). Exa Labs S.A.S. is the program manager and says it "does not issue or manage payment instruments"; its help center gives Rain's legal address as the card's billing address.). Source

Custody10/10

You hold the keys until the moment you spend. Source

Fund segregation20/20

The issuer states that customer funds are held separately from company funds. Source

Proof of reserves0/10

No proof of reserves is published. Source

Incident history20/20

2023-08-18: Exactly Protocol, which runs the card's credit and yield, was exploited through its DebtManager contract on Optimism. 117 accounts lost a combined $7,612,038 and the protocol was paused. Source

Terms and fee transparency5/10

Some fees are only shown in the app. Source

Card network5/5

Runs on Visa. Source

Read more

Exa Card (Exactly) fees, limits and cashback · Compare Exa Card (Exactly) costs · How the score works

Sources

  1. Exa Card (Exactly): fees · checked September 28, 2026
  2. Exa Card (Exactly): availability · checked September 28, 2026
  3. Exa Card (Exactly): cashback · checked September 28, 2026
  4. Exa Card (Exactly): safety · checked September 28, 2026