Bybit Card EEA Bybit Card (EEA)
A plan byBybit Card EEA · Mastercard
Bybit's EEA card (bybit.eu) offers, since 15 June 2026, 1% unlimited USDT cashback on every eligible purchase with no spending caps, plus a competitive 0.5% FX rate. It is unavailable in the UK and US, and the February 2025 hack underlines the counterparty risk tied to the exchange.
Bybit Card (EEA)
- Price
- Free
- Issuance fee
- €5
- FX markup
- 0.5%
- Cashback
- 1%
- Cashback currency
- USDT
- Required staking
- Nessuno
- ATM fee
- 2%
- ATM limit
- €100/mese senza commissioni, poi 2%
- Net annual cost
- Free
What's included
- 1% unlimited cashback on every eligible purchase
- No spending cap
- Rewards in USDT
- 0.5% FX over the Mastercard rate
- 0.9% crypto conversion
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
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | €5 |
| Annual fee | Free |
| Free ATM limit | €100/mese senza commissioni, poi 2% |
| ATM withdrawal | 2% |
| FX markup | 0.5% |
| Cashback | 1% in USDT · Nessuno |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA · 29+ countries |
| Estimated net annual cost | €0/year |
| Regulator | Austria FMA; Dubai VARA; UAE SCA |
| OAM Italy registration | No |
| Segment | B2C |
| Past incidents | February 2025: ~$1.5B breach (the largest crypto theft in history), attributed to the Lazarus Group; Bybit made customer funds whole. |
| MiCA / License status | MiCAR (CASP); VARA VASP; SCA Virtual Asset Platform Operator MiCAR (UE) · bybit.eu |
Strengths
- 1% unlimited USDT cashback with no spending caps; competitive 0.5% FX in the EEA.
- No notable sovereignty advantage documented.
Weaknesses
- 1% cashback (not among the most generous); custodial, full KYC; Feb 2025 hack; no UK/US.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (MiCAR (UE) · bybit.eu): reporting to authorities and freezes on order.
Verdict
For Europe the offer is solid on cost: 1% unlimited USDT cashback with no caps, a competitive 0.5% FX rate, no annual fee and availability in Italy. The score stays below the top tier because 1% is not among the market's highest cashback rates, regulation is recent (MiCAR), and the February 2025 hack exposes real counterparty risk on a custodial, full-KYC card.
Through the crypto-native lens the judgement flips: custodial, full KYC, no on-chain settlement and minimal privacy. The 2024-2025 hacks are a reminder that keeping funds on the exchange means taking on third-party risk, and the high cashback doesn't redeem a model where self-custody is absent and every transaction is tracked and freezable.
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 Bybit Card EEA, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Google Play ↗
4.2/5
5,683 reviews
"Bybit.eu" app (com.bybit.eu), EEA entity; count from the Play page structured data (4.23 across 5,683 ratings, of which 75 written reviews). The same page shows two slightly different snapshots (5,625 and 5,683): the main block's value is reported. Not a rating of the card alone.
-
App Store ↗
4.5/5
360 reviews
"Bybit.eu" app by Bybit EU GmbH (id 6745866031), the EEA entity's app used to manage the card; exact figure from the iTunes lookup API, Italian storefront (4.54 across 360). Other storefronts: DE 4.57/312, FR 4.52/235. Not a rating of the card alone.
Weighted average across 2 public review platforms (6,043 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Is Bybit Card EEA a safe card?
Bybit Card EEA is a custodial card on the Mastercard network. 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 Bybit Card EEA cost?
The card has no annual fee. Issuance costs €5. The FX markup is 0.5%. See the tier table for full conditions.
Does Bybit Card EEA offer cashback?
Yes: 1% unlimited cashback in USDT on every eligible purchase, with no spending cap.
Is Bybit Card EEA available in Italy?
Yes, Bybit Card EEA is available in Italy.
Is Bybit Card EEA custodial or self-custody?
Bybit Card EEA 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 Data verified on Jun 13, 2026
- bybit.eu Atm Data verified on Jul 10, 2026
- cryptoslate.com Data verified on Jul 10, 2026
- en.cryptonomist.ch Data verified on Jul 10, 2026
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