Yearly cost at three spending levels
| Monthly spend | Krak | Exa Card |
|---|---|---|
| $500 | ≤ -$12 Starter | -$45.60 Standard |
| $2,000 | ≤ -$48 Starter | -$99.60 Standard |
| $5,000 | ≤ -$120 Starter | -$207.60 Standard |
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 | Krak Starter | Exa Card Standard |
|---|---|---|
| Top-up and conversion fees | Not disclosed | $0 |
| Spending fees | $0 | $0 |
| Foreign exchange markup | -$48 | -$72 |
| ATM fees | Not disclosed | -$27.60 |
| Annual, monthly and subscription fees | $0 | $0 |
| Cashback | $0 | $0 |
| Net per year | -$48 | -$99.60 |
Fees
Krak charges Not disclosed to convert or top up and 1% on spending in a foreign currency. Exa Card charges 0% and 1.5%.
ATM withdrawals: Krak no card fee; Exa Card no atm access (virtual card only).
A virtual card costs nothing with Krak and nothing with Exa Card. A physical card costs nothing and an undisclosed fee. Neither card has an annual fee on its base tier.
Cashback and rewards
Krak cashback: 0% to 2%. Exa Card cashback: None.
Krak tiers: Starter: 0%; Lite: 0.5%; Pro: 1%; Elite: 1.5%; Max: 2%.
Exa Card tiers: Standard: 0%.
Krak: The cashback rate depends on your 30-day average assets held with Krak, Kraken and Kraken Pro.
Exa Card: The Exa Card has no cashback program. Visa Signature benefits apply instead (purchase protection, car rental cover, Visa Airport Companion with pay-per-use lounges, concierge). Idle balances earn a variable yield in Exactly Protocol. Pay Later splits purchases into up to 8 fixed-rate installments paid in USDC, and the interest rate is set at purchase.
Availability and KYC
Krak is offered in one country, including United States. Available in all US states except New York, Maine, Massachusetts and Indiana. Krak publishes separate EEA and UK cards with different fees.
Exa Card is offered in 46 countries, including Argentina, Australia, Brazil, Malaysia, Mexico, Philippines, Singapore, South Africa, United Arab Emirates and United States. US residents only in 31 listed states (not, for example, Georgia, Ohio, Washington or Oregon). No EU, EEA or UK countries are eligible. Nigeria is left out because the eligibility page says it "requires conditional approval" while the prohibited-countries list (15 January 2026) bans it. Exa's own help center also claims the card is "available in 180+ countries", which the published list does not support. In the US the card is also offered through Uphold.
Krak needs full KYC and Exa Card needs full KYC.
The card finder checks both cards against your country, KYC level and must-have features.
Limits, wallets and card types
Krak does not publish fixed spending or ATM limits.
Exa Card publishes ATM withdrawals of up to $1,000 a day.
Krak works with Apple Pay and Google Pay, and Exa Card works with Apple Pay and Google Pay. Krak and Exa Card issue a virtual card you can use straight away.
Custody and safety
Krak scores 66/100. Licensing: issued by a bank or e-money institution regulated in a tier-one jurisdiction. The card is issued through Lead Bank. 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. Krak says account balances are not a deposit account and are not FDIC- or SIPC-insured. Kraken, Krak's parent, publishes a proof of reserves; the latest is dated 30 June 2026.
Exa Card scores 75/100. Licensing: 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.). The card is issued through Nimbus LLC dba Third National. 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. Exa Labs S.A.S. is a Uruguayan company. The card is legally a credit card with no set credit line, and the issuer's terms say it has no relationship with Exactly Protocol. Your wallet is a passkey-secured smart contract account on OP Mainnet with no seed phrase. In Pay Later mode each purchase is a loan against your deposited crypto, which can be liquidated if its value falls. The 2023 exploit hit the protocol's leverage feature, not the card, which launched later. No regulator warning or enforcement action against Exa Labs or Exactly Protocol was found.
Full reports: Krak safety check and Exa Card safety check.
About each card
Krak Card (US) is a custodial Visa card from Krak (Payward Interactive, Inc.). It tops up with USD, USDC, USDT, BTC and ETH.
Exa Card (Exactly) is a self-custody Visa card from Exa Labs S.A.S. (Exa Card program). It tops up with USDC, ETH, WBTC, wstETH and OP.
Which card fits you
Krak fits if
- You spend in foreign currencies often, since its FX markup is lower.
- You live in United States, the only market it serves.
- You want a higher cashback ceiling (up to 2%).
Exa Card fits if
- You want to keep crypto in your own wallet until each payment.
- 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: Krak fees and details · Exa Card fees and details