Kraken Krak Card Krak Metal
A plan byKraken Krak Card · Mastercard
Zero fee explicit, 0% FX markup, PoR quarterly — the card more transparent d'Europe. Cashback 0% for those who holds less than 1.000 € on Kraken; concierge travel only tier metal. Cashback 0% under 1K € on the account
Krak Metal
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 2%
- Cashback currency
- USD o crypto scelto
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- €1.000/giorno · €10.000/mese
- Net annual cost
- Free
What's included
- 2% cashback
- Metal Mastercard
- In-app concierge
- 0% FX
- ATM 0%
- Eligibility-based UK/EEA
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | €1.000/giorno · €10.000/mese |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | 2% in USD o crypto scelto · Nessuno |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | EEA, UK · 30+ countries |
| Estimated net annual cost | €0/year |
| Regulator | Central Bank of Ireland; FCA; Bank of Lithuania |
| Segment | B2C |
| MiCA / License status | MiCAR (CASP); EMI; MiFID; FCA registration FCA (UK) · MiCA-ready |
Strengths
- Zero fee explicit, 0% FX markup, PoR quarterly — the card more transparent d'Europe.
- No notable sovereignty advantage documented.
Weaknesses
- Cashback 0% for those who holds less than 1.000 € on Kraken; concierge travel only tier metal.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA (UK) · MiCA-ready): reporting to authorities and freezes on order.
Verdict
Zero fee explicit, 0% FX markup, PoR quarterly — the card more transparent d'Europe. Cashback 0% for those who holds less than 1.000 € on Kraken; concierge travel only tier metal. Cashback 0% under 1K € on the account
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.
FAQ
Is Kraken Krak Card a safe card?
Kraken Krak Card 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 Kraken Krak 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 Kraken Krak Card offer cashback?
Yes: cashback goes up to 1% in USD o crypto scelto, depending on the tier.
Is Kraken Krak Card available in Italy?
Yes, Kraken Krak Card is available in Italy.
Is Kraken Krak Card custodial or self-custody?
Kraken Krak 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 · Tier.Krak Orange.cashback cap eur · Tier.Krak Black.cashback cap eur · +1 Data verified on Jun 14, 2026
- allied.vc Issuer Data verified on Jun 14, 2026
- bitcoinmagazine.com Trust & safety Data verified on Jun 14, 2026
- blackdown.org Trust & safety Data verified on Jun 14, 2026
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- support.kraken.com Tier.Krak Orange.cashback cap eur · Tier.Krak Black.cashback cap eur · Tier.Krak Metal.cashback cap eur Data verified on Jun 14, 2026
- techcrunch.com Company profile Data verified on Jun 14, 2026
- trustpilot.com Trust & safety Data verified on Jun 14, 2026