Yearly cost at three spending levels
| Monthly spend | RedotPay | Bybit Card |
|---|---|---|
| $500 | -$146.40 Standard | -$3.60 Tier 2 (Beta) |
| $2,000 | -$369.60 Standard | +$122.40 Tier 2 (Beta) |
| $5,000 | -$816 Standard | +$974.40 Tier 3 (Alpha) |
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 | RedotPay Standard | Bybit Card Tier 2 (Beta) |
|---|---|---|
| Top-up and conversion fees | -$264 | -$237.60 |
| Spending fees | $0 | $0 |
| Foreign exchange markup | -$57.60 | -$96 |
| ATM fees | -$48 | -$24 |
| Annual, monthly and subscription fees | $0 | $0 |
| Cashback | $0 | +$480 |
| Net per year | -$369.60 | +$122.40 |
Fees
RedotPay charges 1% to convert or top up and 1.2% on spending in a foreign currency. Bybit Card charges 0.9% and 2%.
The conversion fee applies to every dollar you load, so Bybit Card's lower rate matters most for everyday spending in your home currency. On $1,000 of spending, the gap is $1.00.
ATM withdrawals: RedotPay 2%; Bybit Card 2% after $100 free a month.
A virtual card costs $10 with RedotPay and nothing with Bybit Card. A physical card costs $100 and $5. Neither card has an annual fee on its base tier.
Cashback and rewards
RedotPay cashback: None. Bybit Card cashback: 2% to 10%.
RedotPay tiers: Standard: 0%.
Bybit Card tiers: Tier 1 (Base): 2%, capped at $5 a month; Tier 2 (Beta): 2%, capped at $50 a month from $500 of monthly spend; Tier 3 (Alpha): 4%, capped at $150 a month from $3,500 of monthly spend; Tier 4 (Apex): 6%, capped at $250 a month from $9,500 of monthly spend; Tier 5 (Omega): 8%, capped at $400 a month from $12,500 of monthly spend; Tier 6 (Infinite): 10%, capped at $600 a month from $25,000 of monthly spend.
Availability and KYC
RedotPay is offered in 202 countries and territories and excludes 47, including India, Indonesia, Singapore, Turkey and United States.
Bybit Card is offered in 4 countries, including Australia and Mexico. The fee table on Bybit's help center lists the same fees for Australia, Georgia, Kazakhstan (AIFC), Mexico and an "Asia Pacific" card whose countries Bybit does not list publicly. Bybit's card page says the card is not offered to EEA residents. Argentina, Brazil and Peru use different fees and are not covered by this entry.
RedotPay needs full KYC and Bybit Card needs full KYC.
The card finder checks both cards against your country, KYC level and must-have features.
Limits, wallets and card types
RedotPay publishes a daily spending limit of $1,000,000 and ATM withdrawals of up to $3,750 a day.
Bybit Card does not publish fixed spending or ATM limits.
RedotPay works with Apple Pay and Google Pay, and Bybit Card does not list either. RedotPay and Bybit Card issue a virtual card you can use straight away.
Custody and safety
RedotPay scores 74/100. Licensing: holds a licence or registration outside the tier-one list (Hong Kong Money Lender (No. 1715/2025) and Trust or Company Service Provider licences; Argentina VASP (CNV PSAV No. 144); Lithuania VASP registration (RedotX, UAB); Canada MSB; US FinCEN MSB). No incidents or enforcement actions found in the last 36 months. Client digital assets are held in segregated wallets with Cactus Custody, a Hong Kong trust company (licence TC006789), covered by US$50 million crime and specie insurance, per the custodian's announcement quoting RedotPay's CEO. RedotPay's general terms name Red Dot Trust Limited, a Hong Kong trust company, as custodian of user accounts. We could not find a published proof-of-reserves report.
Bybit Card scores 45/100. Licensing: we could not confirm a licence for the card issuer on its own website. 2025-02-21: About $1.5 billion in ETH was stolen from a Bybit cold wallet. The FBI attributed the theft to North Korean actors. The issuer of the Asia Pacific card is not named on Bybit's public help pages.
Full reports: RedotPay safety check and Bybit Card safety check.
About each card
RedotPay Card (Global) is a custodial Visa card from RedotPay group (Red F. Technology Limited, Hong Kong). It tops up with USDT, USDC, BTC and ETH.
Bybit Card (Asia Pacific) is a custodial Mastercard from Bybit. It tops up with USDT, USDC, BTC and ETH.
Which card fits you
RedotPay fits if Recommended
- You spend in foreign currencies often, since its FX markup is lower.
- You live outside the US and the handful of countries it excludes.
- You weigh licensing and fund segregation heavily, since it scores higher on our safety check.
Bybit Card fits if
- Most of your spending is in your home currency, where its lower conversion fee counts most.
- You want a higher cashback ceiling (up to 10%).
Read more: RedotPay review · Bybit Card review