Is Krak Card (US) Safe?
Krak Card (US) scores 71/100 on our safety check. Each factor below links to its source.
Safety score
71/100
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.
Issued by a bank or e-money institution regulated in a tier-one jurisdiction. Source
The provider holds your balance. Source
The issuer does not say whether customer funds are held separately. Source
Published within the last 90 days (2026-06-30). Source
2024-12-12: An Australian court ordered Bit Trade Pty Ltd, Kraken's Australian operator, to pay AUD 8 million after an ASIC action over a margin product offered without a target market determination. Source
A complete fee schedule is public. Source
Runs on Visa. Source
Read more
Krak Card (US) fees, limits and cashback · Compare Krak Card (US) costs · How the score works
Sources
- Krak Card (US): fees · checked September 24, 2026
- Krak Card (US): availability · checked September 24, 2026
- Krak Card (US): cashback · checked September 24, 2026
- Krak Card (US): safety · checked September 24, 2026