Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

The Bitcoin Company Card

The Bitcoin Company (Two Twenty Two, Inc.) · Visa

4.0/5 3.6/5 · Data verified on

The Bitcoin Company is a US app (legal entity Two Twenty Two, Inc., Austin, Texas) that lets you buy gift cards and prepaid Visa cards by paying in Bitcoin and stablecoins, spendable at over 10,000 merchants. The model is Bitcoin-native and non-custodial: the app holds no internal wallet and basic use requires no KYC. Gift card purchases earn up to 50% rewards in Bitcoin, withdrawable on-chain or via Lightning.

The number that matters

The banner cashback isn't what you pocket.

After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).

Advertised cashback 50%
Real net cashback 49.5%

Data verified on Jun 22, 2026 · personalise the calc

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Network Visa
Fund custody Self-custody (funds in your control)
Issuance fee Free
Annual fee Free
ATM withdrawal Free
FX markup 2.5%
Cashback 50% in BTC · Nessuno
Contactless Yes
Virtual card Yes
KYC Light
Privacy 9/10
Supported countries US, LATAM
Estimated net annual cost €0/year
Segment B2C

Strengths

  • Up to 50% Bitcoin rewards on gift card purchases, withdrawable on-chain or via Lightning
  • Non-custodial Bitcoin-native model with no internal wallet and no KYC for basic use
  • No annual or monthly fees; fund in Bitcoin or stablecoins across 10,000+ merchants
  • Self-custody: funds stay in your wallet — the platform cannot touch them.
  • Light KYC: minimal identity verification.

Weaknesses

  • Prepaid Visa cards do not allow ATM withdrawals and cannot be used for recurring subscriptions
  • FX markup of up to 2.5% on international transactions
  • Availability concentrated in the US and Latin America (e.g. Brazil, Mexico)
  • No notable sovereignty drawback documented.

Verdict

B B ★ 4.0/5 ★ 3.6/5 Estimated net annual cost: €0/year

Weak protection on the regulatory side: it is a US app (Two Twenty Two, Inc.) issuing gift cards and prepaid Visa cards with no KYC for basic use, so without the safeguards of an EU bank or e-money account. Funds are not covered by deposit guarantees and any dispute falls under US jurisdiction.

High sovereignty by card standards: a non-custodial Bitcoin-native model with no internal wallet held and no KYC for basic use. The user pays in Bitcoin or stablecoins and rewards are withdrawable on-chain or via Lightning, reducing exposure to a custodial intermediary.

Privacy & anonymity 30% 3.5
Fund control 20% 5.0
Censorship resistance 20% 3.0
Costs 10% 2.5

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

Does The Bitcoin Company require KYC?

For basic use, no: the app is Bitcoin-native and non-custodial, holds no internal wallet, and lets you buy gift cards and prepaid Visa cards paying in Bitcoin or stablecoins without a KYC process.

What currency are the rewards paid in?

Rewards are paid in Bitcoin, up to 50% on gift card purchases, and can be withdrawn at any time to your own on-chain wallet or via the Lightning Network.

Sources

Update history

✓ Terms unchanged since Jun 22, 2026

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