Ethena PayEthena Pay
86
Side-by-side card comparison
Ethena Pay vs Spritz: fees, rewards and account setup
Ethena Pay Card has the higher Overall Score by 24 points (86 vs 62). Ethena Pay Card also looks stronger for Cashback, Travel, Funds control, Lowest fees, and Transfers. The details below show where Spritz Card may still be the better personal fit.
Information checked Sep 1, 202653 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. Spritz 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 Pay86Spritz62Higher score
CashbackEthena Pay89Spritz34Higher score
TravelEthena Pay64Spritz46Higher score
Funds controlEthena Pay86Spritz62Higher score
Lowest feesEthena Pay87Spritz44Higher score
TransfersEthena Pay82Spritz64Higher 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 Spritz Card if its day-to-day setup suits you
Spritz 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.
- Direct crypto card top-up
- Both major phone wallets
- 154-country virtual access
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 Pay86Spritz62
Ethena Pay Card has the higher Overall Score by 24 points.
- Entry cost & FX
- Ethena Pay$0 plan · 0% Ethena Pay markup; Visa rate applies FXSpritz$0 plan · Exact Spritz markup not disclosed; local exchange and conversion rates may apply FX
The starting plan and FX figures are tied, or the providers have not published enough matching information to name a lower-cost option.
- Purchase rewards
- Ethena Pay4% base · up to 5%Spritz0% base · up to 5%
Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
- Funds control
- Ethena PayHybrid custodySpritzHybrid custody
Ethena Pay Card and Spritz Card use the same hybrid custody setup.
- Everyday access
- Ethena PayVirtual · Apple PaySpritzVirtual + Physical · Apple Pay, Google Pay
Spritz Card lists more card formats and phone-wallet options (4 vs 2).
- Money movement
- Ethena Pay1 stablecoin · Stablecoin transfers; Ethena Pay user transfer; Bank withdrawalSpritz0 stablecoins · Wallet-to-bank Off-Ramp
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%-5%
- Plan cost
- $0
- FX fee
- Exact Spritz markup not disclosed; local exchange and conversion rates may apply
- ATM fee
- Not disclosed
- Card formats
- Virtual, Physical
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 1 crypto · 0 fiat
- Payout methods
- 0 crypto · 4 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 CardOverall86Spritz CardOverall62
Ethena Pay CardOverall86Spritz CardOverall62Scores
6 fields- Overall Score
- Ethena Pay Card86Spritz Card62
- Cashback score
- Ethena Pay Card89Spritz Card34
- Travel score
- Ethena Pay Card64Spritz Card46
- Funds control score
- Ethena Pay Card86Spritz Card62
- Lowest fees score
- Ethena Pay Card87Spritz Card44
- Transfers score
- Ethena Pay Card82Spritz Card64
Strengths & trade-offs
2 fields- Strengths
- Ethena Pay CardStrong Standard cashback bands, No Standard monthly fee or FX markupSpritz CardDirect crypto card top-up, Both major phone wallets
- Trade-offs
- Ethena Pay CardCard access is still application-gated, One-day payment grace adds liquidation riskSpritz CardATM use is not verified, Top-up fees vary by route
Costs
7 fields- Plan cost
- Ethena Pay Card$0Spritz Card$0
- FX fee
- Ethena Pay Card0% Ethena Pay markup; Visa rate appliesSpritz CardExact Spritz markup not disclosed; local exchange and conversion rates may apply
- Top-up fee
- Ethena Pay CardProvider collateral-funding fee unknown; external network gas is separateSpritz Card1–3%
- Card spending fee
- Ethena Pay Card0%Spritz Card0%
- ATM fee
- Ethena Pay CardNot availableSpritz CardNot disclosed
- Virtual card
- Ethena Pay CardUSD 0Spritz CardNot disclosed
- Physical card
- Ethena Pay CardNot disclosedSpritz CardNot disclosed
Plans
2 fields- Available plans
- Ethena Pay Card3 plans: Standard, Pro, VIPSpritz CardNot disclosed
- Top cashback plan
- Ethena Pay CardVIP: 5%Spritz CardNot disclosed
Everyday use
8 fields- Network
- Ethena Pay CardVisaSpritz CardVisa
- Card formats
- Ethena Pay CardVirtualSpritz CardVirtual, Physical
- ATM withdrawals
- Ethena Pay CardNot availableSpritz CardNot disclosed
- Mobile wallets
- Ethena Pay CardApple PaySpritz CardApple Pay, Google Pay
- Apps
- Ethena Pay CardiOS, WebSpritz CardiOS
- Daily spending limit
- Ethena Pay CardDynamic, based on collateral market valueSpritz CardNo provider-published daily spend cap
- Monthly spending limit
- Ethena Pay CardDynamic, based on collateral market valueSpritz CardNot disclosed
- ATM limit
- Ethena Pay CardNot availableSpritz CardNot verified for the current no-PIN card
Funding & transfers
5 fields- Networks
- Ethena Pay CardEthereum, Polygon, Optimism, ArbitrumSpritz CardArbitrum, Avalanche, Base, Bitcoin, BNB Chain, Dash +6
- Crypto deposits
- Ethena Pay CardNot disclosedSpritz CardOther crypto: Crypto top-up
- Fiat deposits
- Ethena Pay CardNot disclosedSpritz CardNot disclosed
- Transfers
- Ethena Pay CardStablecoin transfers; Ethena Pay user transfer; Bank withdrawalSpritz CardWallet-to-bank Off-Ramp
- Payout currencies
- Ethena Pay CardNot disclosedSpritz CardUSD, CAD, GBP, EUR
Rewards
3 fields- Base cashback
- Ethena Pay Card4%Spritz Card0%
- Max cashback
- Ethena Pay Card5%Spritz Card5%
- Reward currency
- Ethena Pay CardAVAXSpritz CardSpritz Credits
Earn
5 fields- Advertised APY
- Ethena Pay CardUp to 6% APYSpritz CardNot offered
- How it works
- Ethena Pay CardEarn on spending balanceSpritz CardNot offered
- Separate deposit
- Ethena Pay CardNoSpritz CardNot offered
- Use balance for spending
- Ethena Pay CardYesSpritz CardNot offered
- Lock-up
- Ethena Pay CardNoSpritz CardNot offered
Trust & availability
5 fields- Custody
- Ethena Pay CardHybrid custodySpritz CardHybrid custody
- Control until payment
- Ethena Pay CardYou keep controlSpritz CardProvider controls funds
- Card issuer
- Ethena Pay CardThird NationalSpritz CardNot disclosed
- Card processing
- Ethena Pay CardSignify Holdings, Inc. d/b/a RainSpritz CardRain
- Identity verification
- Ethena Pay CardSumsubSpritz CardNot disclosed
Sources
2 fields- Official sources
- Ethena Pay Card12Spritz Card41
- Last reviewed
- Ethena Pay CardSep 1, 2026Spritz CardAug 28, 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 62 for Spritz Card. The starting plan and FX figures are tied, or the providers have not published enough matching information to name a lower-cost option. Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
Spritz Card can still be the more comfortable choice if its availability, card setup or way of holding funds suits you better. Ethena Pay Card and Spritz Card use the same hybrid custody setup.
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 Spritz Card reviews first.
Continue with
Ethena Pay Card
Continue with
Spritz Card
05 · Common questions
Ethena Pay vs Spritz FAQ
Is Ethena Pay or Spritz better overall?
Ethena Pay Card has the higher Overall Score (86 vs 62). 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 Spritz?
The starting plan and FX figures are tied, or the providers have not published enough matching information to name a lower-cost option. 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 Spritz?
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 Spritz differ on custody?
Ethena Pay Card and Spritz Card use the same hybrid custody setup.
How current is this Ethena Pay vs Spritz comparison?
The latest information check for these two cards was September 1, 2026, using 53 official sources in total. Each full card review lists its own check date, sources and anything the provider has not clearly disclosed.