Kraken Krak Card vs Bybit Card APAC
On cashback Bybit Card APAC wins (up to 10%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Kraken Krak Card does better (0% vs 0.5%). In our editorial rating Kraken Krak Card leads (4.9 vs 4.3). Neither wins across the board: weigh the points above against your use case before choosing between Kraken Krak Card and Bybit Card APAC.
| Kraken Krak Card | Bybit Card APAC | |
|---|---|---|
| Tier | S | A |
| Rating | ★ 4.9 | ★ 4.3 |
| Estimated net annual cost | €0 | €0 |
| Network | Mastercard | Mastercard |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| Issuance fee | Free | €5 |
| Annual fee | Free | Free |
| Free ATM limit | €1.000/giorno · €10.000/mese | $3.000/giorno |
| ATM withdrawal | Free | 2% |
| FX markup | 0% | 0.5% |
| Cashback | 2% in USD o crypto scelto · Nessuno | 10% in BTC o USDC · Nessuno |
| Contactless | Yes | Yes |
| Virtual card | Yes | Yes |
| KYC | Full | Full |
| Privacy | 5/10 | 2/10 |
| Supported countries | EEA, UK · 30+ countries | APAC, LATAM · 10+ countries |
| Regulator | Central Bank of Ireland; FCA; Bank of Lithuania | Austria FMA; Dubai VARA; UAE SCA |
| Segment | B2C | B2C |
| On-chain settlement | — | No |
| OAM Italy registration | — | No |
| Past incidents | — | February 2025: ~$1.5B breach (the largest crypto theft in history), attributed to the Lazarus Group; Bybit made customer funds whole. |
| Regions | EU/EEA, UK | APAC, LATAM |
| Licences & safety | MiCAR (CASP); EMI; MiFID; FCA registration | MiCAR (CASP); VARA VASP; SCA Virtual Asset Platform Operator |
Frequently asked questions
Kraken Krak Card vs Bybit Card APAC: which is better?
On cashback Bybit Card APAC wins (up to 10%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Kraken Krak Card does better (0% vs 0.5%). In our editorial rating Kraken Krak Card leads (4.9 vs 4.3). Neither wins across the board: weigh the points above against your use case before choosing between Kraken Krak Card and Bybit Card APAC.
Which is cheaper, Kraken Krak Card or Bybit Card APAC?
On the standard spending profile Kraken Krak Card has the lowest net annual cost: €0 versus €0 for Bybit Card APAC.
Which offers more cashback, Kraken Krak Card or Bybit Card APAC?
Bybit Card APAC has the highest cashback: up to 10%. Note the top rate often requires token staking and is subject to spending caps.
Is Kraken Krak Card custodial or self-custody?
Kraken Krak Card is custodial: funds are held by the platform, while Bybit Card APAC is custodial.
Which is better for spending abroad?
For foreign-currency spending Kraken Krak Card wins, with the lowest FX markup: 0%.