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Kraken Card

Name: Kraken Card
Brand: Kraken Card

A Mastercard debit card for spending Kraken crypto and cash balances.

Kraken Card is a custodial Mastercard debit card for eligible UK and EEA customers who want to spend crypto and cash balances from a Kraken account. It supports virtual and physical cards, mobile wallets and up to 2% cashback, but users should check variable spreads, account limits and live eligibility before relying on it.

cex-cards fintech EEA UK

How to evaluate this card

Best for

Kraken Card is most relevant for users comparing a Mastercard card with custodial account mechanics, KYC-required onboarding and availability around EEA, UK.

Watch out

Check live provider terms for Variable spread may apply when spending across assets, Up to 2%, ATM limits and country eligibility before applying, especially if rewards or delivery depend on a tier or rollout status.

Compare before applying

Compare Kraken crypto balance, Kraken cash balance +1 more, Virtual and physical delivery, supported currencies and wallet model against similar cards before moving funds or completing onboarding.

Fees and live terms to verify

FX fee

No Kraken transaction fee; variable spread may apply when spending across assets

Check whether provider conversion, network or settlement rules add extra cost.

Monthly fee

Not available

Some cards are free to hold, while others move costs into tiers or issuing fees.

ATM and cash access

No Kraken ATM fee; third-party ATM fees may apply; ATM withdrawals are supported; live limits depend on the account and card terms

If ATM use matters, verify cash withdrawal availability, fees and limits before relying on the card.

Funding

Kraken crypto balance, Kraken cash balance, Bank transfer

Confirm supported funding assets, networks and settlement timing in the live provider flow.

Provider card terms can change. Always verify the live fees, limits and eligibility before applying or moving funds.

Feature Overview

Kraken Card feature overview
Cashback	Up to 2%, paid weekly in BTC, EUR or GBP
KYC	Required
Supported regions	EEAUK
FX fee	No Kraken transaction fee; variable spread may apply when spending across assets
Currency	EURGBPBTCSupported crypto assets
Card tiers	Virtual and physical Kraken Card
Delivery	Virtual and physical
Monthly fee	Not available
Top-up methods	Kraken crypto balanceKraken cash balanceBank transfer
Supported networks	Kraken-supported crypto and cash balances
Withdrawal options	ATM withdrawals are supported; live limits depend on the account and card terms
ATM withdrawal fee	No Kraken ATM fee; third-party ATM fees may apply

Key Features

Kraken says eligible UK and EEA customers can spend crypto and cash balances through a Mastercard debit card.

The launch page lists virtual and physical cards plus Apple Pay and Google Pay activation.

Cashback is listed at up to 2% and can be paid weekly in Bitcoin, euros or pounds.

Kraken lists more than 600 supported crypto and cash currencies, with near-real-time conversion at purchase.

Regional Availability

Available

EEAUK

Restricted

None listed

Not specified

None listed

Pros

Good: Crypto and cash balances can fund the same card
Good: Virtual and physical Mastercard formats are available
Good: Up to 2% cashback can be paid in BTC, EUR or GBP

Cons

Watch: Current availability is limited to eligible UK and EEA customers
Watch: A variable spread can apply when spending across assets
Watch: Public card limits and some account-specific terms need in-app confirmation

General Questions

Where is Kraken Card available?

Kraken launched the card for eligible customers in the UK and EEA. The provider says more markets are planned, but Defimap does not treat those future markets as currently available.

Does Kraken Card charge transaction or ATM fees?

Kraken says it does not charge transaction or ATM fees. A variable spread can apply when spending across assets, and third-party ATM operators may charge their own fees.

Can Kraken Card spend Bitcoin?

Yes. Kraken says the card can spend from more than 600 supported crypto and cash balances, with conversion near the time of purchase.