PayyPayy
62
Side-by-side card comparison
Payy vs Kolo: overall score versus use-case fit
Kolo Card has the higher Overall Score by 11 points (73 vs 62). Payy Card looks stronger for Funds control, while Kolo Card comes out ahead for Cashback, Travel, Lowest fees, and Transfers.
Information checked Aug 28, 202633 official sources reviewed
01 · Overall score versus use-case fit
Kolo Card is the better all-round starting point
Kolo Card has the higher Overall Score in this comparison. Payy Card may be the better fit for Funds control. 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.
OverallPayy62Kolo73Higher score
CashbackPayy17Kolo54Higher score
TravelPayy27Kolo70Higher score
Funds controlPayy97Kolo56Higher score
Lowest feesPayy57Kolo83Higher score
TransfersPayy68Kolo92Higher score
Choose Payy Card if funds control matters most
Payy Card comes out ahead for Funds control in this comparison. It is worth a closer look if those are the parts of a card you expect to use most.
- Self-custody wallet control
- No monthly or transaction fee
- Instant virtual Visa with phone wallets
Choose Kolo Card if cashback and travel matter most
Kolo Card comes out ahead for Cashback, Travel, 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.
- Free virtual Visa Platinum
- 2% BTC cashback for 30 days
- Several withdrawal routes
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
- Payy62Kolo73
Kolo Card has the higher Overall Score by 11 points.
- Entry cost & FX
- Payy$0 plan · 1–3% FXKolo$0 plan · 1% FX
Kolo Card has the lower published FX fee (1% vs 1–3%).
- Purchase rewards
- Payy0% cashbackKolo1% base · up to 2%
Kolo Card has the higher published base cashback rate (1% vs 0%).
- Funds control
- PayySelf-controlled walletKoloCustodial balance
Payy Card uses a self-controlled wallet setup, while Kolo Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
- Everyday access
- PayyVirtual · Apple Pay, Google PayKoloVirtual · Apple Pay, Google Pay
Both cards list the same number of card formats and phone-wallet options.
- Money movement
- Payy1 stablecoin · Stablecoin transfers; Payy payment linksKolo5 stablecoins · Stablecoin transfers; Kolo user transfers, Transfers between your Kolo wallets; Withdraw to an eligible card, EUR SEPA withdrawal
Kolo Card lists more stablecoins and ways to send money out (10 vs 3).
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%
- Plan cost
- $0
- FX fee
- 1–3%
- ATM fee
- Not available
- Card formats
- Virtual
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 1 crypto · 1 fiat
- Payout methods
- 1 crypto · 0 fiat
- Cashback
- 1%-2%
- Plan cost
- $0
- FX fee
- 1%
- ATM fee
- $1 + 0.65%
- Card formats
- Virtual
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 20 crypto · 0 fiat
- Payout methods
- 20 crypto · 1 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
CardsPayy CardOverall62Kolo CardOverall73
Payy CardOverall62Kolo CardOverall73Scores
6 fields- Overall Score
- Payy Card62Kolo Card73
- Cashback score
- Payy Card17Kolo Card54
- Travel score
- Payy Card27Kolo Card70
- Funds control score
- Payy Card97Kolo Card56
- Lowest fees score
- Payy Card57Kolo Card83
- Transfers score
- Payy Card68Kolo Card92
Strengths & trade-offs
2 fields- Strengths
- Payy CardSelf-custody wallet control, No monthly or transaction feeKolo CardFree virtual Visa Platinum, 2% BTC cashback for 30 days
- Trade-offs
- Payy CardFX can reach 3%, Cash and physical access are constrainedKolo CardConversion and FX fees can stack, Card spending uses a custodial wallet
Costs
7 fields- Plan cost
- Payy Card$0Kolo Card$0
- FX fee
- Payy Card1–3%Kolo Card1%
- Top-up fee
- Payy Card0%Kolo Card0%
- Card spending fee
- Payy Card0%Kolo CardNot disclosed
- ATM fee
- Payy CardNot availableKolo Card$1 + 0.65%
- Virtual card
- Payy CardFree; instant after KYCKolo CardFree
- Physical card
- Payy CardNot disclosedKolo CardPlanned for Q3 2026; not currently available
Plans
2 fields- Available plans
- Payy CardNot disclosedKolo CardNot disclosed
- Top cashback plan
- Payy CardNot disclosedKolo CardNot disclosed
Everyday use
8 fields- Network
- Payy CardVisa/Other networkKolo CardVisa
- Card formats
- Payy CardVirtualKolo CardVirtual
- ATM withdrawals
- Payy CardNot availableKolo CardAvailable
- Mobile wallets
- Payy CardApple Pay, Google PayKolo CardApple Pay, Google Pay
- Apps
- Payy CardiOS, AndroidKolo CardiOS, Android
- Daily spending limit
- Payy CardNot disclosedKolo Card$9,000/day
- Monthly spending limit
- Payy CardNot disclosedKolo Card$9,000/month
- ATM limit
- Payy CardNot disclosedKolo Card$500/withdrawal; 3 withdrawals/24h
Funding & transfers
5 fields- Networks
- Payy CardPolygon, Payy NetworkKolo CardNot disclosed
- Crypto deposits
- Payy CardStablecoins: USDCKolo CardStablecoins: USDT, USDC, DAI, EURC, EURI; Other crypto: BTC, ETH, SOL, BNB, LTC +10
- Fiat deposits
- Payy CardBank-account depositKolo CardNot disclosed
- Transfers
- Payy CardStablecoin transfers; Payy payment linksKolo CardStablecoin transfers; Kolo user transfers, Transfers between your Kolo wallets; Withdraw to an eligible card, EUR SEPA withdrawal
- Payout currencies
- Payy CardNot disclosedKolo CardEUR
Rewards
3 fields- Base cashback
- Payy Card0%Kolo Card1%
- Max cashback
- Payy Card0%Kolo Card2%
- Reward currency
- Payy CardNo cashbackKolo CardBTC cashback
Earn
5 fields- Advertised APY
- Payy CardNot offeredKolo CardNot offered
- How it works
- Payy CardNot offeredKolo CardNot offered
- Separate deposit
- Payy CardNot offeredKolo CardNot offered
- Use balance for spending
- Payy CardNot offeredKolo CardNot offered
- Lock-up
- Payy CardNot offeredKolo CardNot offered
Trust & availability
6 fields- Custody
- Payy CardSelf-custodyKolo CardCustodial
- Control until payment
- Payy CardYou keep controlKolo CardProvider controls funds
- Card issuer
- Payy CardThird National / RainKolo CardBanco Popular de Puerto Rico, Wirex Limited
- Card processing
- Payy CardRainKolo CardNot disclosed
- Identity verification
- Payy CardNot disclosedKolo CardSumSub
- Programme operator
- Payy CardNot disclosedKolo CardHardline Holding Limited
Sources
2 fields- Official sources
- Payy Card5Kolo Card28
- Last reviewed
- Payy CardAug 5, 2026Kolo CardAug 28, 2026
04 · The trade-off
Kolo Card is the stronger all-round choice
Kolo Card finishes ahead with an Overall Score of 73 versus 62 for Payy Card. Kolo Card has the lower published FX fee (1% vs 1–3%). Kolo Card has the higher published base cashback rate (1% vs 0%).
Payy Card still comes out ahead for Funds control, which may matter more than the overall result if that is how you plan to use the card. Payy Card uses a self-controlled wallet setup, while Kolo Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
Kolo Card lists more stablecoins and ways to send money out (10 vs 3). 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 Payy Card and Kolo Card reviews first.
Continue with
Payy Card
Continue with
Kolo Card
05 · Common questions
Payy vs Kolo FAQ
Is Payy or Kolo better overall?
Kolo Card has the higher Overall Score (73 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, Payy or Kolo?
Kolo Card has the lower published FX fee (1% vs 1–3%). Compare plan, FX, card-spend, top-up and ATM charges separately because one fee does not represent the full cost.
Which has better cashback, Payy or Kolo?
Kolo Card has the higher published base cashback rate (1% vs 0%). Maximum rates may depend on tiers, caps, categories or other conditions, so the entry rate and reward asset matter too.
How do Payy and Kolo differ on custody?
Payy Card uses a self-controlled wallet setup, while Kolo 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 Payy vs Kolo comparison?
The latest information check for these two cards was August 28, 2026, using 33 official sources in total. Each full card review lists its own check date, sources and anything the provider has not clearly disclosed.