Nexo Card vs AllScale
On cashback Nexo Card wins (up to 2%); for spending abroad FX markup matters, and AllScale does better (0% vs 0.2%). The structural difference is custody: AllScale leaves you the keys, while Nexo Card holds funds on the platform. In short: Nexo Card if your usage matches its strength, AllScale otherwise — the numbers above beat any slogan.
| Nexo Card | AllScale | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.3 | ★ 4.1 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato | condiviso |
| Multi-currency | Yes · 3 currencies | Yes · 2 currencies |
| Outbound transfers to third-party IBANs | Yes | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| SEPA transfer | €5 | Free |
| Interest on balance | 8% | 0% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Self-custody (funds in your control) |
| KYC | Full | Light |
| Supported countries | EEA, UK · 40+ countries | AFRICA, LATAM · 50+ countries |
| Regulator | FINMA | HKMA (planned) |
| OAM Italy registration | Yes | No |
| Segment | B2C | B2C |
| Regions | EU/EEA, UK | Africa, LATAM |
| Licences & safety | Crypto Asset Service | None (pre-licensing) |
Frequently asked questions
Nexo Card vs AllScale: which is better?
On cashback Nexo Card wins (up to 2%); for spending abroad FX markup matters, and AllScale does better (0% vs 0.2%). The structural difference is custody: AllScale leaves you the keys, while Nexo Card holds funds on the platform. In short: Nexo Card if your usage matches its strength, AllScale otherwise — the numbers above beat any slogan.
Which is cheaper, Nexo Card or AllScale?
On the standard spending profile Nexo Card has the lowest net annual cost: €0 versus €0 for AllScale.
Which offers more cashback, Nexo Card or AllScale?
Nexo Card has the highest cashback: up to 2%. Note the top rate often requires token staking and is subject to spending caps.
Is Nexo Card custodial or self-custody?
Nexo Card is custodial: funds are held by the platform, while AllScale is self-custody.
Which is better for spending abroad?
For foreign-currency spending AllScale wins, with the lowest FX markup: 0%.