Yearly cost at three spending levels
| Monthly spend | Bitpanda | Nexo |
|---|---|---|
| $500 | ≤ +$60 Standard | ≤ -$24 Debit Mode or under $5,000 |
| $2,000 | ≤ +$240 Standard | ≤ -$96 Debit Mode or under $5,000 |
| $5,000 | ≤ +$600 Standard | ≤ -$240 Debit Mode or under $5,000 |
Net value per year: cashback minus conversion, FX, ATM and fixed fees. US dollars, 20% foreign spending, one $200 ATM withdrawal a month. The card cost calculator runs the same comparison with your own habits.
Where the money goes at $2,000 a month
| Line | Bitpanda Standard | Nexo Debit Mode or under $5,000 |
|---|---|---|
| Top-up and conversion fees | Not disclosed | Not disclosed |
| Spending fees | $0 | $0 |
| Foreign exchange markup | $0 | -$96 |
| ATM fees | Not disclosed | $0 |
| Annual, monthly and subscription fees | $0 | $0 |
| Cashback | +$240 | $0 |
| Net per year | +$240 | -$96 |
Fees
Bitpanda charges Not disclosed to convert or top up and 0% on spending in a foreign currency. Nexo charges Not disclosed and 2%.
ATM withdrawals: Bitpanda 2%; Nexo 2% + €1.99 after €200 free a month.
A virtual card costs an undisclosed fee with Bitpanda and nothing with Nexo. A physical card costs nothing and an undisclosed fee. Neither card has an annual fee on its base tier.
Cashback and rewards
Bitpanda cashback: 1%. Nexo cashback: 0% to 2%.
Bitpanda tiers: Standard: 1%.
Nexo tiers: Debit Mode or under $5,000: 0%; Base: 0.5%, capped at $50 a month; Silver: 0.7%, capped at $100 a month; Gold: 1%, capped at $150 a month; Platinum: 2%, capped at $200 a month.
Bitpanda: Cashback applies only when a crypto asset is the payment asset. Payments from EUR, stablecoins, stocks or metals earn none. ATM withdrawals cost at least €2.
Nexo: Cashback applies only to Credit Mode purchases (spending borrowed against your crypto), never to Debit Mode. You need a portfolio of at least $5,000, and your Loyalty tier is set by the share of NEXO Tokens in your portfolio (Silver 1%, Gold 5%, Platinum 10%). Rates shown are for NEXO Token payouts; choosing BTC pays 0.1% to 0.5%. Monthly reward caps reset on the 1st.
Availability and KYC
Bitpanda is offered in 21 countries, including France, Germany, Ireland, Italy, Netherlands, Portugal and Spain. Bitpanda says you must live in a country in the euro area. Its fee table also lists Swedish, Norwegian and Danish krone versions of the card.
Nexo is offered in 33 countries, including France, Germany, Ireland, Italy, Netherlands, Portugal, Spain, United Kingdom and Argentina. Nexo lists the EEA, Andorra, Monaco, the UK and Argentina "and other selected jurisdictions", so the list is not complete; the app's Check eligibility screen is final. Bulgaria is excluded because Nexo says its services are unavailable there. Personal accounts only. The card can be issued in EUR, GBP or USD. The DiPocket card terms cover EEA and UK residents only; the issuer for Argentina is not published.
Bitpanda needs full KYC and Nexo needs full KYC.
The card finder checks both cards against your country, KYC level and must-have features.
Limits, wallets and card types
Bitpanda publishes ATM withdrawals of up to €500 a day.
Nexo publishes a daily spending limit of €70,000, a monthly limit of €300,000 and ATM withdrawals of up to €2,000 a day.
Bitpanda works with Apple Pay, and Nexo works with Apple Pay and Google Pay. Nexo issues a virtual card you can use straight away.
Custody and safety
Bitpanda scores 68/100. Licensing: issued by a bank or e-money institution regulated in a tier-one jurisdiction. The card is issued through Transact Payments Malta Limited. 2026-08-14: Austria's FMA fined Bitpanda GmbH €70,000 for breaches of MiCA white paper and marketing rules. The case did not involve customer funds. Bitpanda's custody policy says client crypto-assets are held as trustee, operationally and legally segregated from Bitpanda's own assets.
Nexo scores 63/100. Licensing: issued by a bank or e-money institution regulated in a tier-one jurisdiction. The card is issued through DiPocket UAB. 2023-01-19: Nexo Capital Inc. agreed to pay a $22.5 million SEC penalty, plus $22.5 million to US state regulators, over its unregistered Earn Interest Product. 2026-01-14: California's DFPI fined Nexo Capital Inc. $500,000 for making loans to California residents without a lender licence and without checking their ability to repay. Card funds are not stored with DiPocket; Nexo settles each card transaction, and the card terms say DiPocket "does not issue electronic money to you". Nexo's real-time reserves attestation (Armanino from 2021, Moore Johannesburg from April 2023) no longer has a live page, and we found no dated reserves report for 2025 or 2026.
Full reports: Bitpanda safety check and Nexo safety check.
About each card
Bitpanda Card is a custodial Visa card from Bitpanda (card issued by Transact Payments Malta Limited). It tops up with EUR, BTC, ETH and USDC and its balance is held in EUR.
Nexo Card is a custodial Mastercard from Nexo Services Sp. z o.o. (Poland). It tops up with USDT, USDC, BTC and ETH and its balance is held in EUR.
Which card fits you
Bitpanda fits if
- You spend in foreign currencies often, since its FX markup is lower.
- You weigh licensing and fund segregation heavily, since it scores higher on our safety check.
Nexo fits if
- You want a higher cashback ceiling (up to 2%).
Read more: Bitpanda fees and details · Nexo fees and details