Xapo Bank Xapo Member
A plan byXapo Bank
Xapo Bank is a fully licensed bank in Gibraltar offering 3.6% APR on USD deposits, BTC-backed loans and zero FX fees. It remains a niche service: the $1,000 annual fee and premium-only access make it suited to a narrow clientele, with the United States excluded.
Xapo Member
- Price
- €83
- Annual price
- €1,000
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 1%
- Cashback currency
- BTC
- Required staking
- Nessuno
- ATM fee
- 2%
- ATM limit
- $100/month free
- Net annual cost
- €1,000
What's included
- BTC Savings
- USD Savings
- Stocks & ETF
- Bitcoin-backed loans up to $1M (LTV 20-40%, ~10% APR)
- Global card spending
- Multi-fiat & stablecoin
Data & conditions
| Account fee | €83 |
|---|---|
| IBAN | dedicato · GI |
| Multi-currency | Yes · 3 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | Yes |
| SEPA transfer | Free |
| Interest on balance | 4.1% |
| ATM withdrawal | 2% |
| Free ATM limit | $100/month free |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK, APAC, LATAM, MENA, AFRICA · 110+ countries |
| Regulator | GFSC |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | Banking License (Gibraltar) Gibraltar FSC (bank + VASP); deposit guarantee GBP 120K fiat |
Strengths
- Banca with license vera (Gibraltar); 3,6% APR on USD; BTC-backed loans; 0% FX.
- No notable sovereignty advantage documented.
Weaknesses
- Annual fee $1.000; only premium; no USA.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Gibraltar FSC (bank + VASP); deposit guarantee GBP 120K fiat): reporting to authorities and freezes on order.
Verdict
Xapo Bank is a fully licensed bank in Gibraltar offering 3.6% APR on USD deposits, BTC-backed loans and zero FX fees. It remains a niche service: the $1,000 annual fee and premium-only access make it suited to a narrow clientele, with the United States excluded.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Xapo Bank a real bank?
Xapo Bank operates under a Banking License (Gibraltar) licence (GI). It is regulated by GFSC. Fund protection: $100k USD insurance privata.
Can I send transfers to third-party IBANs with Xapo Bank?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Xapo Bank support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Xapo Bank support?
The number of supported fiat currencies is not documented. Multi-currency accounts: supported.
Can I withdraw crypto on-chain from Xapo Bank?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · OAM Italy registry · Past incidents · +15 Data verified on Jun 15, 2026
- bitcointreasuries.net Third-party audit Data verified on Jun 14, 2026
- customersupport.xapo.com SWIFT fee Data verified on Jun 14, 2026
- fsc.gi Legal name · Company type Data verified on Jun 14, 2026
Show 3 more sources
- pitchbook.com Investors Data verified on Jun 14, 2026
- en.wikipedia.org Founders Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026