Ethena PayEthena Pay
86
Side-by-side card comparison
Ethena Pay vs Solayer Pay: fees, rewards and account setup
Ethena Pay Card has the higher Overall Score by 31 points (86 vs 55). Ethena Pay Card also looks stronger for Cashback, Travel, Funds control, Lowest fees, and Transfers. The details below show where Solayer Pay Card may still be the better personal fit.
Information checked Sep 1, 202637 official sources reviewed
01 · Make the first cut
Ethena Pay Card is the better all-round starting point
Ethena Pay Card has the higher Overall Score in this comparison. Solayer Pay Card may still suit you better if its card format, way of holding funds or availability is the deciding factor. A score cannot tell you whether a provider will accept your application or whether every feature will be available where you live, so check the latest provider terms before signing up.
OverallEthena Pay86Solayer Pay55Higher score
CashbackEthena Pay89Solayer Pay20Higher score
TravelEthena Pay64Solayer Pay53Higher score
Funds controlEthena Pay86Solayer Pay47Higher score
Lowest feesEthena Pay87Solayer Pay43Higher score
TransfersEthena Pay82Solayer Pay29Higher score
Choose Ethena Pay Card if cashback and travel matter most
Ethena Pay Card comes out ahead for Cashback, Travel, Funds control, Lowest fees, and Transfers in this comparison. It is worth a closer look if those are the parts of a card you expect to use most.
- Strong Standard cashback bands
- No Standard monthly fee or FX markup
- Collateral stays in linked wallets
Choose Solayer Pay Card if its day-to-day setup suits you
Solayer Pay Card does not lead one of the use-case scores here, but it can still be the right choice when its costs, rewards and day-to-day setup match how you plan to use it. The other card looks stronger for Cashback, Travel, Funds control, Lowest fees, and Transfers, so compare that advantage with the features you would actually use.
- Virtual and physical Visa cards
- Spend USDC from Solana
- sUSD can earn while spendable
The differences that could change the result
The overall score points one way, but a specific use case or product condition may point another.
- Overall Score
- Ethena Pay86Solayer Pay55
Ethena Pay Card has the higher Overall Score by 31 points.
- Entry cost & FX
- Ethena Pay$0 plan · 0% Ethena Pay markup; Visa rate applies FXSolayer Pay$20/year plan · Up to 3% stated + $0.10; components may stack FX
Ethena Pay Card has the lower starting plan cost ($0 vs $20/year).
- Purchase rewards
- Ethena Pay4% base · up to 5%Solayer Pay0% base
Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
- Funds control
- Ethena PayHybrid custodySolayer PayCustodial balance
Ethena Pay Card uses a hybrid custody setup, while Solayer Pay Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
- Everyday access
- Ethena PayVirtual · Apple PaySolayer PayVirtual + Physical · Apple Pay, Google Pay
Solayer Pay Card lists more card formats and phone-wallet options (4 vs 2).
- Money movement
- Ethena Pay1 stablecoin · Stablecoin transfers; Ethena Pay user transfer; Bank withdrawalSolayer Pay1 stablecoin · Not modeled
Ethena Pay Card lists more stablecoins and ways to send money out (4 vs 1).
02 · Read the shortlist
A closer look at the two cards
These quick facts cover the costs, rewards and everyday features most likely to shape your choice. Use the full table below when you want the finer details.
- Cashback
- 4%-5%
- Plan cost
- $0
- FX fee
- 0% Ethena Pay markup; Visa rate applies
- ATM fee
- Not available
- Card formats
- Virtual
- Wallet payments
- Apple Pay
- Receive methods
- 0 crypto · 0 fiat
- Payout methods
- 1 crypto · 0 fiat
- Cashback
- 0% base
- Plan cost
- $20/year
- FX fee
- Up to 3% stated + $0.10; components may stack
- ATM fee
- Not disclosed
- Card formats
- Virtual, Physical
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 1 crypto · 0 fiat
- Payout methods
- 0 crypto · 0 fiat
03 · Compare the details
Compare the details side by side
We highlight a better number only when both cards publish values that can be compared fairly. Anything missing stays clearly marked.
Best known Not disclosed
CardsEthena Pay CardOverall86Solayer Pay CardOverall55
Ethena Pay CardOverall86Solayer Pay CardOverall55Scores
6 fields- Overall Score
- Ethena Pay Card86Solayer Pay Card55
- Cashback score
- Ethena Pay Card89Solayer Pay Card20
- Travel score
- Ethena Pay Card64Solayer Pay Card53
- Funds control score
- Ethena Pay Card86Solayer Pay Card47
- Lowest fees score
- Ethena Pay Card87Solayer Pay Card43
- Transfers score
- Ethena Pay Card82Solayer Pay Card29
Strengths & trade-offs
2 fields- Strengths
- Ethena Pay CardStrong Standard cashback bands, No Standard monthly fee or FX markupSolayer Pay CardVirtual and physical Visa cards, Spend USDC from Solana
- Trade-offs
- Ethena Pay CardCard access is still application-gated, One-day payment grace adds liquidation riskSolayer Pay CardPurchases earn Emerald Points, FX costs vary by region
Costs
7 fields- Plan cost
- Ethena Pay Card$0Solayer Pay Card$20/year
- FX fee
- Ethena Pay Card0% Ethena Pay markup; Visa rate appliesSolayer Pay CardUp to 3% stated + $0.10; components may stack
- Top-up fee
- Ethena Pay CardProvider collateral-funding fee unknown; external network gas is separateSolayer Pay Card1%
- Card spending fee
- Ethena Pay Card0%Solayer Pay Card$0.15
- ATM fee
- Ethena Pay CardNot availableSolayer Pay CardNot disclosed
- Virtual card
- Ethena Pay CardUSD 0Solayer Pay Card$0 virtual card; included with the $20/year Solayer Pay base plan
- Physical card
- Ethena Pay CardNot disclosedSolayer Pay CardFree card; US Express shipping $24.99 or International Express shipping $59.99
Plans
2 fields- Available plans
- Ethena Pay Card3 plans: Standard, Pro, VIPSolayer Pay Card1 plans: Solayer Pay
- Top cashback plan
- Ethena Pay CardVIP: 5%Solayer Pay CardNot disclosed
Everyday use
8 fields- Network
- Ethena Pay CardVisaSolayer Pay CardVisa
- Card formats
- Ethena Pay CardVirtualSolayer Pay CardVirtual, Physical
- ATM withdrawals
- Ethena Pay CardNot availableSolayer Pay CardAvailable
- Mobile wallets
- Ethena Pay CardApple PaySolayer Pay CardApple Pay, Google Pay
- Apps
- Ethena Pay CardiOS, WebSolayer Pay CardiOS, Android
- Daily spending limit
- Ethena Pay CardDynamic, based on collateral market valueSolayer Pay CardShown in app
- Monthly spending limit
- Ethena Pay CardDynamic, based on collateral market valueSolayer Pay CardShown in app
- ATM limit
- Ethena Pay CardNot availableSolayer Pay CardLimits shown in app
Funding & transfers
5 fields- Networks
- Ethena Pay CardEthereum, Polygon, Optimism, ArbitrumSolayer Pay CardSolana
- Crypto deposits
- Ethena Pay CardNot disclosedSolayer Pay CardStablecoins: USDC
- Fiat deposits
- Ethena Pay CardNot disclosedSolayer Pay CardNot disclosed
- Transfers
- Ethena Pay CardStablecoin transfers; Ethena Pay user transfer; Bank withdrawalSolayer Pay CardNot disclosed
- Payout currencies
- Ethena Pay CardNot disclosedSolayer Pay CardNot disclosed
Rewards
3 fields- Base cashback
- Ethena Pay Card4%Solayer Pay Card0%
- Max cashback
- Ethena Pay Card5%Solayer Pay CardNot disclosed
- Reward currency
- Ethena Pay CardAVAXSolayer Pay CardEmerald Points
Earn
5 fields- Advertised APY
- Ethena Pay CardUp to 6% APYSolayer Pay CardUp to 3.5% APY
- How it works
- Ethena Pay CardEarn on spending balanceSolayer Pay CardEarn on spending balance
- Separate deposit
- Ethena Pay CardNoSolayer Pay CardNo
- Use balance for spending
- Ethena Pay CardYesSolayer Pay CardYes
- Lock-up
- Ethena Pay CardNoSolayer Pay CardNo
Trust & availability
6 fields- Custody
- Ethena Pay CardHybrid custodySolayer Pay CardCustodial
- Control until payment
- Ethena Pay CardYou keep controlSolayer Pay CardProvider controls funds
- Card issuer
- Ethena Pay CardThird NationalSolayer Pay CardThird National
- Card processing
- Ethena Pay CardSignify Holdings, Inc. d/b/a RainSolayer Pay CardNot disclosed
- Identity verification
- Ethena Pay CardSumsubSolayer Pay CardSumsub
- Programme operator
- Ethena Pay CardNot disclosedSolayer Pay CardSolayer Labs, Inc.
Sources
2 fields- Official sources
- Ethena Pay Card12Solayer Pay Card25
- Last reviewed
- Ethena Pay CardSep 1, 2026Solayer Pay CardAug 12, 2026
04 · The takeaway
Ethena Pay Card is the stronger all-round choice
Ethena Pay Card finishes ahead with an Overall Score of 86 versus 55 for Solayer Pay Card. Ethena Pay Card has the lower starting plan cost ($0 vs $20/year). Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
Solayer Pay Card can still be the more comfortable choice if its availability, card setup or way of holding funds suits you better. Ethena Pay Card uses a hybrid custody setup, while Solayer Pay Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
Ethena Pay Card lists more stablecoins and ways to send money out (4 vs 1). Before applying, confirm availability in your country and recheck the provider's current fees and reward conditions.
If one card now looks like the better fit, you can check the latest application terms on the provider site or read our full Ethena Pay Card and Solayer Pay Card reviews first.
Continue with
Ethena Pay Card
Continue with
Solayer Pay Card
05 · Common questions
Ethena Pay vs Solayer Pay FAQ
Is Ethena Pay or Solayer Pay better overall?
Ethena Pay Card has the higher Overall Score (86 vs 55). That does not make it better for everyone: your preferred fees, rewards, way of holding funds and country availability can change the practical choice.
Which has lower fees, Ethena Pay or Solayer Pay?
Ethena Pay Card has the lower starting plan cost ($0 vs $20/year). Compare plan, FX, card-spend, top-up and ATM charges separately because one fee does not represent the full cost.
Which has better cashback, Ethena Pay or Solayer Pay?
Ethena Pay Card has the higher published base cashback rate (4% vs 0%). Maximum rates may depend on tiers, caps, categories or other conditions, so the entry rate and reward asset matter too.
How do Ethena Pay and Solayer Pay differ on custody?
Ethena Pay Card uses a hybrid custody setup, while Solayer Pay Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
How current is this Ethena Pay vs Solayer Pay comparison?
The latest information check for these two cards was September 1, 2026, using 37 official sources in total. Each full card review lists its own check date, sources and anything the provider has not clearly disclosed.