HolyheldHolyheld
75
Side-by-side card comparison
Holyheld vs Ethena Pay: overall score versus use-case fit
Ethena Pay Card has the higher Overall Score by 11 points (86 vs 75). Holyheld Card looks stronger for Travel, while Ethena Pay Card comes out ahead for Cashback, Funds control, Lowest fees, and Transfers.
Information checked Sep 1, 202640 official sources reviewed
01 · Overall score versus use-case fit
Ethena Pay Card is the better all-round starting point
Ethena Pay Card has the higher Overall Score in this comparison. Holyheld Card may be the better fit for Travel. 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.
OverallHolyheld75Ethena Pay86Higher score
CashbackHolyheld64Ethena Pay89Higher score
TravelHolyheld68Ethena Pay64Higher score
Funds controlHolyheld74Ethena Pay86Higher score
Lowest feesHolyheld67Ethena Pay87Higher score
TransfersHolyheld81Ethena Pay82Higher score
Choose Holyheld Card if travel matters most
Holyheld Card comes out ahead for Travel in this comparison. It is worth a closer look if those are the parts of a card you expect to use most.
- Self-custody crypto before card top-up
- Virtual, physical and metal Mastercard
- Personal IBAN and SEPA transfers
Choose Ethena Pay Card if cashback and funds control matter most
Ethena Pay Card comes out ahead for Cashback, 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
Where each card has the edge
The overall leader does not win every use case, so the reason you want the card matters here.
- Overall Score
- Holyheld75Ethena Pay86
Ethena Pay Card has the higher Overall Score by 11 points.
- Entry cost & FX
- Holyheld$0 plan · Up to 5.5% + EUR 1; actual pricing depends on transaction geography and currency FXEthena Pay$0 plan · 0% Ethena Pay markup; Visa rate applies FX
Ethena Pay Card has the lower published FX fee (0% Ethena Pay markup; Visa rate applies vs Up to 5.5% + EUR 1; actual pricing depends on transaction geography and currency).
- Purchase rewards
- Holyheld0.5% base · up to 1%Ethena Pay4% base · up to 5%
Ethena Pay Card has the higher published base cashback rate (4% vs 0.5%).
- Funds control
- HolyheldHybrid custodyEthena PayHybrid custody
Holyheld Card and Ethena Pay Card use the same hybrid custody setup.
- Everyday access
- HolyheldVirtual + Physical · Apple Pay, Google PayEthena PayVirtual · Apple Pay
Holyheld Card lists more card formats and phone-wallet options (4 vs 2).
- Money movement
- Holyheld2 stablecoins · Stablecoin transfers; Outgoing SEPA transferEthena Pay1 stablecoin · Stablecoin transfers; Ethena Pay user transfer; Bank withdrawal
Both cards list the same number of stablecoins and ways to send money out.
02 · Read the shortlist
A closer look at the split decision
Start with the strengths that drive each use-case result, then test them against costs and access.
- Cashback
- 0.5%-1%
- Plan cost
- $0
- FX fee
- Up to 5.5% + EUR 1; actual pricing depends on transaction geography and currency
- ATM fee
- Up to EUR 2 + 2.5%
- Card formats
- Virtual, Physical
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 2 crypto · 1 fiat
- Payout methods
- 3 crypto · 1 fiat
- 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
03 · Compare the details
See how the trade-offs line up
Comparable figures receive a marker; missing or unverified details stay visible instead of becoming an assumed advantage.
Best known Not disclosed
CardsHolyheld CardOverall75Ethena Pay CardOverall86
Holyheld CardOverall75Ethena Pay CardOverall86Scores
6 fields- Overall Score
- Holyheld Card75Ethena Pay Card86
- Cashback score
- Holyheld Card64Ethena Pay Card89
- Travel score
- Holyheld Card68Ethena Pay Card64
- Funds control score
- Holyheld Card74Ethena Pay Card86
- Lowest fees score
- Holyheld Card67Ethena Pay Card87
- Transfers score
- Holyheld Card81Ethena Pay Card82
Strengths & trade-offs
2 fields- Strengths
- Holyheld CardSelf-custody crypto before card top-up, Virtual, physical and metal MastercardEthena Pay CardStrong Standard cashback bands, No Standard monthly fee or FX markup
- Trade-offs
- Holyheld CardCountry eligibility is incomplete, Foreign spend can be expensiveEthena Pay CardCard access is still application-gated, One-day payment grace adds liquidation risk
Costs
7 fields- Plan cost
- Holyheld Card$0Ethena Pay Card$0
- FX fee
- Holyheld CardUp to 5.5% + EUR 1; actual pricing depends on transaction geography and currencyEthena Pay Card0% Ethena Pay markup; Visa rate applies
- Top-up fee
- Holyheld Card0%Ethena Pay CardProvider collateral-funding fee unknown; external network gas is separate
- Card spending fee
- Holyheld Card€0.50Ethena Pay Card0%
- ATM fee
- Holyheld CardUp to EUR 2 + 2.5%Ethena Pay CardNot available
- Virtual card
- Holyheld CardLimited Edition virtual card: EUR 99; Classic includes virtual accessEthena Pay CardUSD 0
- Physical card
- Holyheld CardClassic: EUR 29; Metal: EUR 199Ethena Pay CardNot disclosed
Plans
2 fields- Available plans
- Holyheld Card3 plans: Classic, Limited Edition, MetalEthena Pay Card3 plans: Standard, Pro, VIP
- Top cashback plan
- Holyheld CardMetal: 1%Ethena Pay CardVIP: 5%
Everyday use
8 fields- Network
- Holyheld CardMastercardEthena Pay CardVisa
- Card formats
- Holyheld CardVirtual, PhysicalEthena Pay CardVirtual
- ATM withdrawals
- Holyheld CardAvailableEthena Pay CardNot available
- Mobile wallets
- Holyheld CardApple Pay, Google PayEthena Pay CardApple Pay
- Apps
- Holyheld CardiOS, Android, WebEthena Pay CardiOS, Web
- Daily spending limit
- Holyheld CardEUR 10,000 dailyEthena Pay CardDynamic, based on collateral market value
- Monthly spending limit
- Holyheld CardEUR 25,000 monthly; EUR 250,000 annuallyEthena Pay CardDynamic, based on collateral market value
- ATM limit
- Holyheld CardEUR 1,000 per 24 hours; EUR 5,000 per 30 daysEthena Pay CardNot available
Funding & transfers
5 fields- Networks
- Holyheld CardEthereum, Arbitrum, Base, Optimism, Polygon, Gnosis +2Ethena Pay CardEthereum, Polygon, Optimism, Arbitrum
- Crypto deposits
- Holyheld CardStablecoins: USDC, USDTEthena Pay CardNot disclosed
- Fiat deposits
- Holyheld CardPersonal EUR IBANEthena Pay CardNot disclosed
- Transfers
- Holyheld CardStablecoin transfers; Outgoing SEPA transferEthena Pay CardStablecoin transfers; Ethena Pay user transfer; Bank withdrawal
- Payout currencies
- Holyheld CardEUREthena Pay CardNot disclosed
Rewards
3 fields- Base cashback
- Holyheld Card0.5%Ethena Pay Card4%
- Max cashback
- Holyheld Card1%Ethena Pay Card5%
- Reward currency
- Holyheld CardUSDCEthena Pay CardAVAX
Earn
5 fields- Advertised APY
- Holyheld CardNot disclosedEthena Pay CardUp to 6% APY
- How it works
- Holyheld CardOptional earn vaultEthena Pay CardEarn on spending balance
- Separate deposit
- Holyheld CardYesEthena Pay CardNo
- Use balance for spending
- Holyheld CardNot disclosedEthena Pay CardYes
- Lock-up
- Holyheld CardNoEthena Pay CardNo
Trust & availability
6 fields- Custody
- Holyheld CardHybrid custodyEthena Pay CardHybrid custody
- Control until payment
- Holyheld CardProvider controls fundsEthena Pay CardYou keep control
- Card issuer
- Holyheld CardUnlimit EU LtdEthena Pay CardThird National
- Card processing
- Holyheld CardNot disclosedEthena Pay CardSignify Holdings, Inc. d/b/a Rain
- Identity verification
- Holyheld CardSumsub / IdenfyEthena Pay CardSumsub
- Programme operator
- Holyheld CardHolyheld Labs AGEthena Pay CardNot disclosed
Sources
2 fields- Official sources
- Holyheld Card28Ethena Pay Card12
- Last reviewed
- Holyheld CardAug 31, 2026Ethena Pay CardSep 1, 2026
04 · The trade-off
Ethena Pay Card is the stronger all-round choice
Ethena Pay Card finishes ahead with an Overall Score of 86 versus 75 for Holyheld Card. Ethena Pay Card has the lower published FX fee (0% Ethena Pay markup; Visa rate applies vs Up to 5.5% + EUR 1; actual pricing depends on transaction geography and currency). Ethena Pay Card has the higher published base cashback rate (4% vs 0.5%).
Holyheld Card still comes out ahead for Travel, which may matter more than the overall result if that is how you plan to use the card. Holyheld Card and Ethena Pay Card use the same hybrid custody setup.
Both cards list the same number of stablecoins and ways to send money out. 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 Holyheld Card and Ethena Pay Card reviews first.
Continue with
Holyheld Card
Continue with
Ethena Pay Card
05 · Common questions
Holyheld vs Ethena Pay FAQ
Is Holyheld or Ethena Pay better overall?
Ethena Pay Card has the higher Overall Score (86 vs 75). 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, Holyheld or Ethena Pay?
Ethena Pay Card has the lower published FX fee (0% Ethena Pay markup; Visa rate applies vs Up to 5.5% + EUR 1; actual pricing depends on transaction geography and currency). Compare plan, FX, card-spend, top-up and ATM charges separately because one fee does not represent the full cost.
Which has better cashback, Holyheld or Ethena Pay?
Ethena Pay Card has the higher published base cashback rate (4% vs 0.5%). Maximum rates may depend on tiers, caps, categories or other conditions, so the entry rate and reward asset matter too.
How do Holyheld and Ethena Pay differ on custody?
Holyheld Card and Ethena Pay Card use the same hybrid custody setup.
How current is this Holyheld vs Ethena Pay comparison?
The latest information check for these two cards was September 1, 2026, using 40 official sources in total. Each full card review lists its own check date, sources and anything the provider has not clearly disclosed.