Yearly cost at three spending levels
| Monthly spend | ether.fi Cash | Xapo |
|---|---|---|
| $500 | ≥ -$162 Core | $1,024 Membership |
| $2,000 | ≥ -$648 Core | $1,024 Membership |
| $5,000 | ≥ -$540 Core | $1,024 Membership |
Yearly cost: conversion, FX, ATM and fixed fees minus cashback. A minus sign means cashback outweighs 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 | ether.fi Cash Core | Xapo Membership |
|---|---|---|
| Top-up and conversion fees | Not disclosed | $0 |
| Spending fees | Not disclosed | $0 |
| Foreign exchange markup | $72 | $0 |
| ATM fees | Not disclosed | $24 |
| Annual, monthly and subscription fees | $0 | $1,000 |
| Cashback | -$720 | -$0 |
| Yearly cost | -$648 | $1,024 |
Fees
ether.fi Cash charges Not disclosed to convert or top up and 1.5% on spending in a foreign currency. Xapo charges 0% and 0%.
ATM withdrawals: ether.fi Cash not disclosed; Xapo 2% after $100 free a month.
A virtual card costs nothing with ether.fi Cash and nothing with Xapo. A physical card costs an undisclosed fee and nothing.
Cashback and rewards
ether.fi Cash cashback: 3% to 4%. Xapo cashback: None.
ether.fi Cash tiers: Core: 3% on the first $2,000 a month; Luxe: 3% on the first $10,000 a month; Pinnacle: 3% on the first $50,000 a month; VIP: 4% on the first $50,000 a month.
Xapo tiers: Membership: 0%.
ether.fi Cash: Membership levels also add category cashback (10% to 30% on AI, streaming and food, capped monthly), travel discounts and account balance protection against smart contract exploits of $10,000 to $500,000, which is not deposit insurance.
Xapo: Xapo pays cashback in Bitcoin only through limited-time offers, such as 3% on rideshares with the Metal card from 1 July to 30 September 2026. The membership also includes interest on USD savings, paid in Bitcoin.
Availability and KYC
ether.fi Cash is offered in 91 countries, including Argentina, Australia, Brazil, Canada, France, Germany, Indonesia, Italy, Malaysia and Mexico. ether.fi lists these jurisdictions. In the US the card is available in 31 states and Washington D.C. only. Belgium and Ireland are eligible, but physical cards are not delivered there. In some countries (including Argentina, Indonesia, Mexico, Nigeria and the Philippines) the first virtual card costs $10.
Xapo does not publish a country list. Xapo Bank does not publish a list of countries where membership is open.
ether.fi Cash needs full KYC and Xapo needs full KYC.
The card finder checks both cards against your country, KYC level and must-have features.
Limits, wallets and card types
ether.fi Cash publishes ATM withdrawals of up to $5,000 a day.
Xapo does not publish fixed spending or ATM limits.
ether.fi Cash works with Apple Pay and Google Pay, and Xapo does not list either. Xapo issues a virtual card you can use straight away.
Custody and safety
ether.fi Cash scores 60/100. Licensing: we could not confirm a licence for the card issuer on its own website. No incidents or enforcement actions found in the last 36 months. ether.fi describes Cash as a non-custodial account. The ATM fee on Core is not published as a fixed figure.
Xapo scores 69/100. Licensing: holds a licence or registration outside the tier-one list (Credit institution regulated by the Gibraltar Financial Services Commission (Permission No. 23171); crypto services by Xapo VASP Limited, a GFSC-regulated DLT Provider (Permission No. 26061)). No incidents or enforcement actions found in the last 36 months. Xapo says Bitcoin is held 1:1 and legally segregated under Gibraltar's DLT framework, never lent or rehypothecated. USD deposits are covered by the Gibraltar Deposit Guarantee Scheme; crypto balances are not.
Full reports: ether.fi Cash safety check and Xapo safety check.
About each card
ether.fi Cash Card is a self-custody Visa card from ether.fi. It tops up with USDC and ETH.
Xapo Bank Card is a custodial Visa card from Xapo Bank Limited (Gibraltar). It tops up with USD, BTC, USDC and USDT.
Which card fits you
ether.fi Cash fits if
- You want to keep crypto in your own wallet until each payment.
- You want a higher cashback ceiling (up to 4%).
Xapo fits if
- You spend in foreign currencies often, since its FX markup is lower.
- Most of your spending is in your home currency, where its lower conversion fee counts most.
- You weigh licensing and fund segregation heavily, since it scores higher on our safety check.
Read more: ether.fi Cash fees and details · Xapo fees and details