FASQON vs Nexo Card
On cashback FASQON wins (up to 5%). In our editorial rating Nexo Card leads (4.3 vs 3.1). The choice depends on your real spending profile: redo the math with your volumes before picking between FASQON and Nexo Card.
| FASQON | Nexo Card | |
|---|---|---|
| Tier | C | A |
| Rating | ★ 3.1 | ★ 4.3 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | condiviso · EU | dedicato |
| Multi-currency | No (single currency) | Yes · 3 currencies |
| Outbound transfers to third-party IBANs | No | Yes |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| SEPA transfer | Free | €5 |
| Interest on balance | 0% | 8% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Light | Full |
| Supported countries | EEA · 30+ countries | EEA, UK · 40+ countries |
| Regulator | Banco de Portugal | FINMA |
| OAM Italy registration | No | Yes |
| Segment | B2C | B2C |
| Regions | EU/EEA | EU/EEA, UK |
| Licences & safety | VASP | Crypto Asset Service |
Frequently asked questions
FASQON vs Nexo Card: which is better?
On cashback FASQON wins (up to 5%). In our editorial rating Nexo Card leads (4.3 vs 3.1). The choice depends on your real spending profile: redo the math with your volumes before picking between FASQON and Nexo Card.
Which is cheaper, FASQON or Nexo Card?
On the standard spending profile FASQON has the lowest net annual cost: €0 versus €0 for Nexo Card.
Which offers more cashback, FASQON or Nexo Card?
FASQON has the highest cashback: up to 5%. Note the top rate often requires token staking and is subject to spending caps.
Is FASQON custodial or self-custody?
FASQON is custodial: funds are held by the platform, while Nexo Card is custodial.
Which is better for spending abroad?
For foreign-currency spending FASQON wins, with the lowest FX markup: 0%.