Main strengths
- FX is 0% in the UK/EEA and 1% in the US; Krak lists no provider ATM fee.
- Virtual and physical cards both work with Apple Pay and Google Pay.
- Automatic cashback rises from 0% to 2% with the 30-day balance tier.
Black cardStandard card design
Custodial Mastercard/Visa debit card
Krak Card
Krak Card connects the regional GBP, EUR or USD Everyday balance to Mastercard spending in the UK/EEA or Visa spending in the US. Virtual and physical cards, phone-wallet support and automatic cashback up to 2% all use the same Krak account.
Main trade-offs
- Crypto-funded purchases use a variable spread shown only before conversion.
- The 2% rate requires a £/€/$50,000 average balance across eligible accounts.
- Weekly UK/EEA limits and the exact spendable crypto subset stay app-only.
01 · Core economics
Costs that matter
Krak Card has a $0 recurring entry cost. Funding, conversion, FX and cash-access charges are shown separately below.
ItemStandard tierWhat it means
Annual plan$0Competitive entry price
Top-upNot disclosedThe provider does not publish a general top-up fee in its current funding instructions.
Provider FX markup0–1%Krak charges 0% in the UK/EEA and 1% for the US programme. Starter pays 0% cashback; higher balance tiers can return up to 2%.
ATM withdrawal0% Krak fee; ATM operator may chargeThe provider fee is zero; ATM operator and FX charges may still apply.
Card spending0%No listed base spend fee
Physical card$0-$200Plastic and the first eligible metal card are free. The $200 figure is the US plastic-card balance gate, not a fee; US shipping is free and can take up to 14 days.
Limits and secondary feesLimits and other fees
ItemValueWhat it means
Daily card spendNot disclosedUK: £22,000/day; EEA: €12,000/day; US: $12,000/day
Monthly card spendNot disclosedUK: £22,000/month; EEA: €12,000/month; US: $22,000/month
ATM limitNot disclosedUK: £250/withdrawal, £750/day, £4,000/month; EEA: €300/withdrawal, €900/day, €4,800/month; US: $250/withdrawal, $1,000/day, $5,000/month
Account depositNot disclosedAccount transfer limit shown in app
02 · Plans & rewards
Krak balance-based cashback
Krak recalculates cashback from the rolling 30-day average eligible balance. The cards below show the five reward levels; the card programme and core fees stay the same while the rate changes.
Qualification is required before cashback starts
Conditional: not the automatic rate
GBP, EUR, USD or BTC
Official programme states no monthly caps or earning limits
Cashback levels
1-3 / 5
Entry rate
£/€/$030-day averageStarter
Cashback qualification tier
- Cashback
- 0%
- Requirement
- Default tier; no balance requirement
- Physical card
- Same orange or black plastic-card programme
- Tier summary
- Entry level with no balance requirement and 0% cashback.
Balance tier
£/€/$20030-day averageLite
Cashback qualification tier
- Cashback
- 0.5% in GBP / EUR / USD / BTC
- Requirement
- After the 30-day welcome period, requires a £/€/$200 trailing 30-day average total eligible balance across Krak, Kraken and Kraken Pro
- Physical card
- Same orange or black plastic-card programme
- Tier summary
- 0.5% cashback at the published £/€/$200 30-day average balance.
Balance tier
£/€/$1,00030-day averagePro
Cashback qualification tier
- Cashback
- 1% in GBP / EUR / USD / BTC
- Requirement
- After the 30-day welcome period, requires a £/€/$1,000 trailing 30-day average total eligible balance across Krak, Kraken and Kraken Pro
- Physical card
- Same orange or black plastic-card programme
- Tier summary
- 1% cashback at the published £/€/$1,000 30-day average balance.
03 · Everyday use
How the card fits everyday use
See the available card formats, phone wallets and account rails, plus any channels that are still being confirmed.
Card access
- Mastercard/Visa networkAvailable
- Virtual cardAvailable
- Physical cardAvailable
- ATM withdrawalsAvailable
Wallets & apps
- Apple PayAvailable
- Google PayAvailable
- iOS appAvailable
- Android appAvailable
- Web appNot disclosed
Account rails
- Crypto depositsAvailable
- Bank depositsAvailable
- Crypto withdrawalsAvailable
- Fiat withdrawalsAvailable
- Direct card top-upsNot supported
04 · Money in and out
How money enters, settles and leaves Krak
The card uses the provider account balance. Account funding and withdrawal routes are included only when they feed that same card-linked account; they are not presented as direct card top-ups.
Money inWays to fund or receive7 routes
Crypto deposits
1 route
Crypto depositsCredits the custodial Krak account balance used by the Everyday card flowSupported cryptoSelected in appFeeNo fixed feeSpeedNot confirmedLimitsAsset and network minimums are shown in the appAvailabilityConfirmed scopeDetails
Fee components
- No provider transfer fee
Access path
Via provider account
Asset / network map
Supported crypto: Selected in app
Availability
Supported asset and network combinations
Restrictions
The supported asset and network choices are dynamic in the app; this entry confirms the route without asserting a fixed token allowlist.
Bank deposits
5 routes
GBP bank transferMinimum receive amount is £2.GBPFee£0SpeedInstantLimitsMinimum receive amount is £2.AvailabilityNot confirmedDetails
Fee components
- £0 · transfer
Access path
Via provider account
Availability
Minimum receive amount is £2. The account-level transfer limit is shown in the app and remains unknown here.
EUR bank transferMinimum receive amount is €1.EURFee€0SpeedInstantLimitsMinimum receive amount is €1.AvailabilityNot confirmedDetails
Fee components
- €0 · transfer
Access path
Via provider account
Availability
Minimum receive amount is €1. The account-level transfer limit is shown in the app and remains unknown here.
GBP Faster PaymentsThis is a provider-account bank rail, not a card fee or cashback transaction.GBPFee£0SpeedInstantLimitsShown in appAvailabilityConfirmed scopeDetails
Fee components
- £0 · transfer
Access path
Via provider account
Availability
UK GBP bank transfers
Restrictions
This is a provider-account bank rail, not a card fee or cashback transaction.
EUR SEPAThis is a provider-account bank rail, not a card fee or cashback transaction.EURFee€0SpeedInstantLimitsShown in appAvailabilityConfirmed scopeDetails
Fee components
- €0 · transfer
Access path
Via provider account
Availability
EEA EUR bank transfers
Restrictions
This is a provider-account bank rail, not a card fee or cashback transaction.
USD bank transferCredits the custodial USD Krak Everyday balanceUSDFee$0–$3SpeedVaries by railLimitsAccount transfer limits are shown in the Krak appAvailabilityUnited States except New York, Maine, Massachusetts and IndianaDetails
Fee components
- $0 · ACH inbound transfer
- $3 · domestic wire inbound transfer
Access path
Via provider account
Availability
Available to eligible US Krak accounts
Account setup
own name
Restrictions
ACH is free; the published domestic-wire fee is $3. Bank-side charges and account-specific limits may still apply.
Internal funding
1 route
Krak ↔ Kraken balance transferThe linked-balance route is optional account infrastructure and is separate from card fees.Supported balances shown in appFee0%SpeedInstantLimitsNot confirmedAvailabilityConfirmed scopeDetails
Fee components
- 0% · transfer
Access path
Via provider account
Availability
Linked Krak and Kraken balances
Limit scope
Not publicly confirmed
Restrictions
The linked-balance route is optional account infrastructure and is separate from card fees.
Balance & conversionAccount balance
Funds sit in a custodial account balance before card spend or payout.
What happens on receipt
Krak supports GBP FPS, EUR SEPA and US USD ACH/domestic-wire receive rails plus dynamic in-app crypto deposits.
Money outWays to send, withdraw or settle5 routes
External crypto sends
1 route
Krak external crypto withdrawalThis is a provider-account route to an external blockchain address, not a direct card payout.Supported crypto shown in appFeeNot confirmedSpeedNetwork-dependentLimitsAsset daily limit is shown in the appExternal costExternal on-chain feeDetails
Fee components
- External on-chain fee
Access path
Via provider account
Availability
Supported crypto and networks selected in the Krak withdrawal flow
External cost scope
Asset and network fee is shown before confirmation; no fixed universal fee
Restrictions
This is a provider-account route to an external blockchain address, not a direct card payout.
Internal transfers
2 routes
Krak internal sendExact supported assets and the account transfer limit remain app-only unknowns.Cash or supported crypto shown in appFeeNo fixed feeSpeedInstantLimitsShown in appAvailabilityConfirmed scopeDetails
Fee components
- No provider transfer fee
Access path
Via provider account
Availability
KrakTag, email, phone, contacts and Paylink
Restrictions
Exact supported assets and the account transfer limit remain app-only unknowns.
Krak ↔ Kraken balance transferThe linked-balance route is optional account infrastructure and is separate from card fees.Supported balances shown in appFee0%SpeedInstantLimitsNot confirmedAvailabilityConfirmed scopeDetails
Fee components
- 0% · transfer
Access path
Via provider account
Availability
Linked Krak and Kraken balances
Limit scope
Not publicly confirmed
Restrictions
The linked-balance route is optional account infrastructure and is separate from card fees.
Bank transfers & payouts
2 routes
GBP Faster PaymentsThis is a provider-account bank rail, not a card fee or cashback transaction.GBPFee£0SpeedInstantLimitsShown in appAvailabilityConfirmed scopeDetails
Fee components
- £0 · transfer
Access path
Via provider account
Availability
UK GBP bank transfers
Restrictions
This is a provider-account bank rail, not a card fee or cashback transaction.
EUR SEPAThis is a provider-account bank rail, not a card fee or cashback transaction.EURFee€0SpeedInstantLimitsShown in appAvailabilityConfirmed scopeDetails
Fee components
- €0 · transfer
Access path
Via provider account
Availability
EEA EUR bank transfers
Restrictions
This is a provider-account bank rail, not a card fee or cashback transaction.
05 · Optional product
Add yield through a separate balance
Krak Vaults adds a variable yield option through a separate deposit. Move funds back to the spending balance when direct card spend is not supported.
Optional yield
Krak Vaults
Up to 3.6% APY
- Yield source
- DeFi lending markets
- Yield mechanism
- Lending pool
- Redemption
- Balanced or Boosted: minutes; Advanced: 24 hours to 3 days
- Assets
- USDC, BTC (Advanced strategy only)
- Spend directly from Earn balance
- No
- Withdraw anytime
- Not confirmed
- Deposit insurance
- Not confirmed
Risk noteVariable APY, custody, smart-contract, liquidity, protocol, counterparty and market risks may apply. Treat Earn/vault balances as separate yield exposure; access to funds depends on the provider's current withdrawal, card and collateral rules.
06 · Trust and eligibility
Where Krak is available and who supports the card
See current signup reach, identity checks and the organisations behind the card.
Identity & KYC
Identity verification is required to access card services.
Availability
The complete supported-country list is shown below. Residence, identity documents and signup checks still apply.
Countries explicitly listed32 countries
AustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIcelandIrelandItalyLatviaLiechtensteinLithuaniaLuxembourgMaltaNetherlandsNorwayPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenUnited KingdomUnited States
Who handles what
The named organisations and their current roles are listed below.
RoleHandled byResponsibility and scope
Card productKrak
Provides the product and account experience. Named legal operators appear separately.
Custody controlKrak + programme partners
Controls settlement until payment.
Custodial accountCard issuerMonavate Limited
Issues the UK card programme.
Jurisdiction: United Kingdom · Applies to: UK residents.Card issuerLead Bank
Issues the US card programme.
Jurisdiction: United States · Applies to: Eligible US residents.Card issuerUAB Monavate
Issues the EEA card programme.
Jurisdiction: Lithuania / EEA · Applies to: EEA residents.Card processingStripe
Card programme management and identity-verification support.
Jurisdiction: United States · Applies to: US card programme.Programme operatorPayward Wallet, Inc.
Operates the US Krak card service.
Jurisdiction: United States · Applies to: US card programme.07 · Methodology
Why the score is 74
The score combines practical costs, rewards, daily usability, funding and transfers, eligibility, custody, and the provider stack.
Missing or undisclosed fields receive no positive credit.
74/100
GoodHigher is better
Key score driversLargest effects after applying the Overall category weights
Strongest lift99
Everyday usability
Mastercard/Visa spending includes virtual card, physical card, Apple Pay, Google Pay and ATM access.
Additional support93
Company & infrastructure
Named programme infrastructure includes Monavate Limited (issuer), Lead Bank (issuer), UAB Monavate (issuer) and Mastercard (network).
Main constraint30
Rewards value
0% ungated cashback; 2% requires programme qualification and is paid in GBP / EUR / USD / BTC.
08 · Offers & news
Latest from Krak Card
Bonuses, promotions and product updates for Krak Card.
Offer100%Sign-up bonusActive
New Kraken Card holders can get their first eligible purchase back
A new Kraken Card holder who has never previously held the card can receive 100% cashback on the first eligible purchase, capped at £10 or €10.
No published end dateChecked Aug 25, 2026
09 · Card comparison
How Krak Card compares to others
A side-by-side look at cards built around crypto funding, everyday card access and money movement.
1 / 3
Current card
Krak Card
Virtual and physical cards both work with Apple Pay and Google Pay.
- Card
- Debit Mastercard + Visa, Virtual + Physical
- Funds control
- Custodial balance
- Cashback
- 0%–2%
- FX fee
- 0% UK/EEA; 1% US foreign-transaction fee; Mastercard/Visa conversion rate
- Apps
- iOS, Android · Web app not confirmed
- Transfers & payouts
- Crypto, Bank + Internal transfers
- Funding routes
- Not confirmed
- Card
- Debit Mastercard + Visa, Virtual + Physical
- Funds control
- Custodial balance
- Cashback
- 2%–10%
- FX fee
- Up to 2%
- Apps
- iOS, Android · Web app not confirmed
- Transfers & payouts
- Crypto + Bank transfers
- Funding routes
- Crypto transfer + USD balance
Similar match
Funding routes and Mastercard spending sit in the same Bybit EU account flow.
- Card
- Debit Mastercard, Virtual + Physical
- Funds control
- Custodial balance
- Cashback
- 1%–10%
- FX fee
- 0.5%
- Apps
- iOS, Android, Web app
- Transfers & payouts
- Crypto + Bank transfers
- Funding routes
- USD balance
Want a deeper comparison?
Compare up to four cards in detail across fees, rewards, everyday use, money movement, custody and more.
10 · Evidence
Sources
28 sources26 officialChecked Aug 27, 2026
We check every published fact and value against official product, fee, membership and legal information covering costs, eligibility, rewards and custody.
Primary sourcesOfficial product, fee, membership and legal pages
Krak reward balancesOfficial source ↗Getting started with US Krak CardOfficial source ↗US Krak Card cashback overviewOfficial source ↗US Krak Card management, limits and card controlsOfficial source ↗Debit Card | KrakOfficial source ↗Krak Pricing | Clear, Transparent Fees with No Hidden CostsOfficial source ↗
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