Payy Card vs Cypher Card
On cashback Cypher Card wins (up to 5%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Payy Card does better (1% vs 1.75%). In our editorial rating Payy Card leads (4.9 vs 2.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Payy Card and Cypher Card.
| Payy Card | Cypher Card | |
|---|---|---|
| Tier | S | D |
| Rating | ★ 4.9 | ★ 2.0 |
| Estimated net annual cost | €0 | €0 |
| Network | Visa | Visa |
| Fund custody | Self-custody (funds in your control) | Self-custody (funds in your control) |
| Issuance fee | Free | Free |
| Annual fee | Free | Free |
| Free ATM limit | Not disclosed | Not disclosed |
| ATM withdrawal | Free | 3% |
| FX markup | 1% | 1.75% |
| Cashback | Not disclosed | 5% in CYPR + USD · Nessuno |
| On-chain settlement | Yes | — |
| Contactless | Yes | Yes |
| Virtual card | Yes | Yes |
| KYC | Full | Full |
| Privacy | 9/10 | 7/10 |
| Supported countries | US, EEA, APAC, LATAM · 100+ countries | US, EEA, APAC, LATAM, MENA, AFRICA · 160+ countries |
| Regulator | Not disclosed | Not disclosed |
| Segment | B2C | B2C |
| Chains | — | Multiple - 15+ blockchain |
| OAM Italy registration | — | No |
| Regions | US, EU/EEA, APAC, LATAM | US, EU/EEA, APAC, LATAM, MENA, Africa |
| Licences & safety | MSB (presumed) | N/A |
Frequently asked questions
Payy Card vs Cypher Card: which is better?
On cashback Cypher Card wins (up to 5%, but the full rate requires Nessuno); for spending abroad FX markup matters, and Payy Card does better (1% vs 1.75%). In our editorial rating Payy Card leads (4.9 vs 2.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Payy Card and Cypher Card.
Which is cheaper, Payy Card or Cypher Card?
On the standard spending profile Payy Card has the lowest net annual cost: €0 versus €0 for Cypher Card.
Which offers more cashback, Payy Card or Cypher Card?
Cypher Card has the highest cashback: up to 5%. Note the top rate often requires token staking and is subject to spending caps.
Is Payy Card custodial or self-custody?
Payy Card is self-custody: you keep the keys, while Cypher Card is self-custody.
Which is better for spending abroad?
For foreign-currency spending Payy Card wins, with the lowest FX markup: 1%.