Bitpanda Card Bitpanda Card
A plan byBitpanda Card · Visa
A custodial Visa card tied to a platform with 600+ crypto assets, MiCA-compliant and well rated on the App Store (4.69/5). Cashback, however, is a flat 1% only on crypto-funded payments (zero on stablecoins, fiat, metals and stocks) and requires holding at least 5,000 BEST, while ATM withdrawals cost 2%.
Bitpanda Card
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 1%
- Cashback currency
- BEST o asset scelto
- Required staking
- ≥5.000 BEST in portafoglio
- ATM fee
- 2%
- ATM limit
- €500/giorno
- Net annual cost
- Free
What's included
- 1% cashback on crypto-funded payments
- Requires holding at least 5,000 BEST to be eligible
- No cashback on stablecoins, fiat, metals and stocks
- 600+ spendable cryptos
- 0% Bitpanda FX (Visa markup applies on non-EUR)
- Custodial Visa Platinum + Apple Pay
Nessun cap mensile in EUR documentato: il cashback Bitpanda Card è uncapped (limite solo di spesa giornaliera €10.000, non sul cashback). Fonte: bitpanda.com/card + helpdesk.
The clause
That 1% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
| Network | Visa |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | €500/giorno |
| ATM withdrawal | 2% |
| FX markup | 0% |
| Cashback | 1% in BEST o asset scelto · ≥5.000 BEST in portafoglio |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | EEA · 40+ countries |
| Estimated net annual cost | €0/year |
| Regulator | FMA Austria |
| OAM Italy registration | Yes |
| Segment | B2C |
| MiCA / License status | Crypto Asset Service Provider |
Strengths
- 600+ crypto assets; MiCA-compliant; 4.69/5 App Store.
- No notable sovereignty advantage documented.
Weaknesses
- Flat 1% cashback only on crypto payments (0% on stablecoins/fiat/metals/stocks), requires ≥5,000 BEST; ATM fee 2%.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
The high score reflects an issuer supervised by Austria's FMA, MiCA compliance, OAM registration, no annual fee and 0% FX markup: for the mainstream user it's a reliable, well-reviewed base (4.69/5 on the App Store). What holds the verdict back is the cashback design, a flat 1% on volatile crypto, paying nothing on stablecoins, fiat, metals and stocks and requiring you to hold at least 5,000 BEST, while ATM withdrawals cost 2%.
Through this lens Bitpanda loses ground: it's a custodial card with full KYC and no on-chain settlement, so funds stay under the platform's control and every transaction is traceable and potentially freezable. Tying cashback to staking the BEST token adds dependence on the issuer's ecosystem — the opposite of the trustless, self-custody logic that matters here.
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.
Reputation
What happened to people who used Bitpanda Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
Notable incidentsDocumented events with consequences still open. Each entry carries a source and a date.
-
Regulatory action Severe ● open
BaFin: 16 deficiencies, 5 of them severe, at the German subsidiary
Findings by the German regulator against Bitpanda Asset Management on its business organisation, judged non-compliant with §25a of the banking act. Bitpanda states in its 2024 report that all deficiencies were remediated by Q1 2025; internal auditors nonetheless flagged ongoing non-compliance and documentation gaps. A further late-2025 review has no public outcome. No known fine.
↗ source
verified on
Public reviews
-
App Store ↗
4.7/5
55,021 reviews
German storefront, the main market alongside Austria. Trustpilot and Google Play are not included: the pages block automated reading. No penalty found with the Austrian regulator FMA, which granted MiCAR authorisation on 9 April 2025.
Weighted average across 1 public review platform (55,021 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Is Bitpanda Card a safe card?
Bitpanda Card is a custodial card on the Visa network. It is regulated by FMA Austria. As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is custodial.
How much does Bitpanda Card cost?
The card has no annual fee. Issuance is free. The FX markup is 0% (no surcharge). See the tier table for full conditions.
Does Bitpanda Card offer cashback?
Yes: a flat 1% on crypto-funded payments (nothing on stablecoins, fiat, metals and stocks); you must hold at least 5,000 BEST. Rewards are credited in BEST or the asset you choose.
Is Bitpanda Card available in Italy?
Yes, Bitpanda Card is available in Italy. The provider is listed in the Italian OAM register of virtual-currency operators.
Is Bitpanda Card custodial or self-custody?
Bitpanda Card uses a custodial model. Funds are held by the issuer: you do not have direct control of the private keys.
Sources
- Official service page Plans & pricing · Regulatory framework · Legal name · Company type · +2 Data verified on Jun 15, 2026
- spendnode.io Data verified on Jul 10, 2026
- support.bitpanda.com Data verified on Jul 10, 2026
- crunchbase.com Stock ticker · Stock listing · IPO date Data verified on Jun 14, 2026
Show 6 more sources
- fintechfutures.com Valuation · Latest funding round · Investors Data verified on Jun 14, 2026
- cryptoactu.com Annual cost Data verified on Jun 13, 2026
- kryptorevolution.de Third-party audit · Bug bounty · Past incidents Data verified on Jun 13, 2026
- misscrypto.de Cashback.staking richiesto Data verified on Jun 13, 2026
- techcrunch.com Founders Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026