PayyPayy
62
Side-by-side card comparison
Payy vs Krak: overall score versus use-case fit
Krak Card has the higher Overall Score by 12 points (74 vs 62). Payy Card looks stronger for Funds control, while Krak Card comes out ahead for Cashback, Travel, Lowest fees, and Transfers.
Information checked Aug 27, 202631 official sources reviewed
01 · Overall score versus use-case fit
Krak Card is the better all-round starting point
Krak 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.
OverallPayy62Krak74Higher score
CashbackPayy17Krak40Higher score
TravelPayy27Krak83Higher score
Funds controlPayy97Krak56Higher score
Lowest feesPayy57Krak72Higher score
TransfersPayy68Krak97Higher 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 Krak Card if cashback and travel matter most
Krak 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.
- No monthly, FX or Krak ATM fee
- Both card formats and phone wallets
- Automatic cashback up to 2%
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
- Payy62Krak74
Krak Card has the higher Overall Score by 12 points.
- Entry cost & FX
- Payy$0 plan · 1–3% FXKrak$0 plan · 0–1% FX
Krak Card has the lower published FX fee (0–1% vs 1–3%).
- Purchase rewards
- Payy0% cashbackKrak0% base · up to 2%
Both cards show the same base cashback rate of 0%.
- Funds control
- PayySelf-controlled walletKrakCustodial balance
Payy Card uses a self-controlled wallet setup, while Krak 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 PayKrakVirtual + Physical · Apple Pay, Google Pay
Krak Card lists more card formats and phone-wallet options (4 vs 3).
- Money movement
- Payy1 stablecoin · Stablecoin transfers; Payy payment linksKrak0 stablecoins · Stablecoin transfers; Krak internal send, Krak ↔ Kraken balance transfer; GBP Faster Payments, EUR SEPA
Krak Card lists more stablecoins and ways to send money out (5 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
- 0%-2%
- Plan cost
- $0
- FX fee
- 0–1%
- ATM fee
- 0% Krak fee; ATM operator may charge
- Card formats
- Virtual, Physical
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 1 crypto · 3 fiat
- Payout methods
- 1 crypto · 2 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 CardOverall62Krak CardOverall74
Payy CardOverall62Krak CardOverall74Scores
6 fields- Overall Score
- Payy Card62Krak Card74
- Cashback score
- Payy Card17Krak Card40
- Travel score
- Payy Card27Krak Card83
- Funds control score
- Payy Card97Krak Card56
- Lowest fees score
- Payy Card57Krak Card72
- Transfers score
- Payy Card68Krak Card97
Strengths & trade-offs
2 fields- Strengths
- Payy CardSelf-custody wallet control, No monthly or transaction feeKrak CardNo monthly, FX or Krak ATM fee, Both card formats and phone wallets
- Trade-offs
- Payy CardFX can reach 3%, Cash and physical access are constrainedKrak CardCrypto conversion spread is variable, The 2% tier needs a large balance
Costs
7 fields- Plan cost
- Payy Card$0Krak Card$0
- FX fee
- Payy Card1–3%Krak Card0–1%
- Top-up fee
- Payy Card0%Krak CardNot disclosed
- Card spending fee
- Payy Card0%Krak Card0%
- ATM fee
- Payy CardNot availableKrak Card0% Krak fee; ATM operator may charge
- Virtual card
- Payy CardFree; instant after KYCKrak CardFree
- Physical card
- Payy CardNot disclosedKrak CardPlastic £0/€0/$0; US plastic requires $200 over 30 days; first eligible metal card £0/€0/$0
Plans
2 fields- Available plans
- Payy CardNot disclosedKrak Card5 plans: Starter, Lite, Pro, Elite +1
- Top cashback plan
- Payy CardNot disclosedKrak CardMax: 2%
Everyday use
8 fields- Network
- Payy CardVisa/Other networkKrak CardMastercard/Visa
- Card formats
- Payy CardVirtualKrak CardVirtual, Physical
- ATM withdrawals
- Payy CardNot availableKrak CardAvailable
- Mobile wallets
- Payy CardApple Pay, Google PayKrak CardApple Pay, Google Pay
- Apps
- Payy CardiOS, AndroidKrak CardiOS, Android
- Daily spending limit
- Payy CardNot disclosedKrak CardUK: £22,000/day; EEA: €12,000/day; US: $12,000/day
- Monthly spending limit
- Payy CardNot disclosedKrak CardUK: £22,000/month; EEA: €12,000/month; US: $22,000/month
- ATM limit
- Payy CardNot disclosedKrak CardUK: £250/withdrawal, £750/day, £4,000/month; EEA: €300/withdrawal, €900/day, €4,800/month; US: $250/withdrawal, $1,000/day, $5,000/month
Funding & transfers
5 fields- Networks
- Payy CardPolygon, Payy NetworkKrak CardNot disclosed
- Crypto deposits
- Payy CardStablecoins: USDCKrak CardOther crypto: Supported crypto
- Fiat deposits
- Payy CardBank-account depositKrak CardGBP bank transfer, EUR bank transfer, USD bank transfer
- Transfers
- Payy CardStablecoin transfers; Payy payment linksKrak CardStablecoin transfers; Krak internal send, Krak ↔ Kraken balance transfer; GBP Faster Payments, EUR SEPA
- Payout currencies
- Payy CardNot disclosedKrak CardGBP, EUR
Rewards
3 fields- Base cashback
- Payy Card0%Krak Card0%
- Max cashback
- Payy Card0%Krak Card2%
- Reward currency
- Payy CardNo cashbackKrak CardGBP, EUR, USD or BTC
Earn
5 fields- Advertised APY
- Payy CardNot offeredKrak CardUp to 3.6% APY
- How it works
- Payy CardNot offeredKrak CardOptional earn vault
- Separate deposit
- Payy CardNot offeredKrak CardYes
- Use balance for spending
- Payy CardNot offeredKrak CardNo
- Lock-up
- Payy CardNot offeredKrak CardNot disclosed
Trust & availability
5 fields- Custody
- Payy CardSelf-custodyKrak CardCustodial
- Control until payment
- Payy CardYou keep controlKrak CardProvider controls funds
- Card issuer
- Payy CardThird National / RainKrak CardMonavate Limited, Lead Bank, UAB Monavate
- Card processing
- Payy CardRainKrak CardStripe
- Programme operator
- Payy CardNot disclosedKrak CardPayward Wallet, Inc.
Sources
2 fields- Official sources
- Payy Card5Krak Card26
- Last reviewed
- Payy CardAug 5, 2026Krak CardAug 27, 2026
04 · The trade-off
Krak Card is the stronger all-round choice
Krak Card finishes ahead with an Overall Score of 74 versus 62 for Payy Card. Krak Card has the lower published FX fee (0–1% vs 1–3%). Both cards show the same base cashback rate of 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 Krak Card uses a custodial balance setup. Neither approach is always better, so choose the level of control you are comfortable with.
Krak Card lists more stablecoins and ways to send money out (5 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 Krak Card reviews first.
Continue with
Payy Card
Continue with
Krak Card
05 · Common questions
Payy vs Krak FAQ
Is Payy or Krak better overall?
Krak Card has the higher Overall Score (74 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 Krak?
Krak Card has the lower published FX fee (0–1% 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 Krak?
Both cards show the same base cashback rate of 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 Krak differ on custody?
Payy Card uses a self-controlled wallet setup, while Krak 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 Krak comparison?
The latest information check for these two cards was August 27, 2026, using 31 official sources in total. Each full card review lists its own check date, sources and anything the provider has not clearly disclosed.