RedotPayRedotPay
69
Side-by-side card comparison
RedotPay vs Ethena Pay: overall score versus use-case fit
Ethena Pay Card has the higher Overall Score by 17 points (86 vs 69). RedotPay Card looks stronger for Travel and Transfers, while Ethena Pay Card comes out ahead for Cashback, Funds control, and Lowest fees.
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. RedotPay Card may be the better fit for Travel and Transfers. 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.
OverallRedotPay69Ethena Pay86Higher score
CashbackRedotPay41Ethena Pay89Higher score
TravelRedotPay83Ethena Pay64Higher score
Funds controlRedotPay55Ethena Pay86Higher score
Lowest feesRedotPay66Ethena Pay87Higher score
TransfersRedotPay85Ethena Pay82Higher score
Choose RedotPay Card if travel and transfers matter most
RedotPay Card comes out ahead for Travel and Transfers in this comparison. It is worth a closer look if those are the parts of a card you expect to use most.
- Virtual and physical cards are both available
- Apple Pay and Google Pay support
- Optional Pro plan can add cashback
Choose Ethena Pay Card if cashback and funds control matter most
Ethena Pay Card comes out ahead for Cashback, Funds control, and Lowest fees 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
- RedotPay69Ethena Pay86
Ethena Pay Card has the higher Overall Score by 17 points.
- Entry cost & FX
- RedotPay$0 plan · 1.2–2% 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 1.2–2%).
- Purchase rewards
- RedotPay0% base · up to 3%Ethena Pay4% base · up to 5%
Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
- Funds control
- RedotPayCustodial balanceEthena PayHybrid custody
RedotPay Card uses a custodial balance setup, while Ethena Pay Card uses a hybrid custody setup. Neither approach is always better, so choose the level of control you are comfortable with.
- Everyday access
- RedotPayVirtual + Physical · Apple Pay, Google PayEthena PayVirtual · Apple Pay
RedotPay Card lists more card formats and phone-wallet options (4 vs 2).
- Money movement
- RedotPay2 stablecoins · Stablecoin transfers; RedotPay International 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%-3%
- Plan cost
- $0
- FX fee
- 1.2–2%
- ATM fee
- 2–3%
- Card formats
- Virtual, Physical
- Wallet payments
- Apple Pay, Google Pay
- Receive methods
- 10 crypto · 1 fiat
- Payout methods
- 1 crypto · 0 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
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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
CardsRedotPay CardOverall69Ethena Pay CardOverall86
RedotPay CardOverall69Ethena Pay CardOverall86Scores
6 fields- Overall Score
- RedotPay Card69Ethena Pay Card86
- Cashback score
- RedotPay Card41Ethena Pay Card89
- Travel score
- RedotPay Card83Ethena Pay Card64
- Funds control score
- RedotPay Card55Ethena Pay Card86
- Lowest fees score
- RedotPay Card66Ethena Pay Card87
- Transfers score
- RedotPay Card85Ethena Pay Card82
Strengths & trade-offs
2 fields- Strengths
- RedotPay CardVirtual and physical cards are both available, Apple Pay and Google Pay supportEthena Pay CardStrong Standard cashback bands, No Standard monthly fee or FX markup
- Trade-offs
- RedotPay CardSpending uses a RedotPay account balance, ATM withdrawals carry a 3% feeEthena Pay CardCard access is still application-gated, One-day payment grace adds liquidation risk
Costs
7 fields- Plan cost
- RedotPay Card$0Ethena Pay Card$0
- FX fee
- RedotPay Card1.2–2%Ethena Pay Card0% Ethena Pay markup; Visa rate applies
- Top-up fee
- RedotPay CardNot disclosedEthena Pay CardProvider collateral-funding fee unknown; external network gas is separate
- Card spending fee
- RedotPay CardNot disclosedEthena Pay Card0%
- ATM fee
- RedotPay Card2–3%Ethena Pay CardNot available
- Virtual card
- RedotPay Card10 USD one-time issuance fee; non-refundable after paymentEthena Pay CardUSD 0
- Physical card
- RedotPay Card100 USD one-time issuance fee; non-refundable after paymentEthena Pay CardNot disclosed
Plans
2 fields- Available plans
- RedotPay Card2 plans: Regular, ProEthena Pay Card3 plans: Standard, Pro, VIP
- Top cashback plan
- RedotPay CardPro: 3%Ethena Pay CardVIP: 5%
Everyday use
8 fields- Network
- RedotPay CardVisaEthena Pay CardVisa
- Card formats
- RedotPay CardVirtual, PhysicalEthena Pay CardVirtual
- ATM withdrawals
- RedotPay CardAvailableEthena Pay CardNot available
- Mobile wallets
- RedotPay CardApple Pay, Google PayEthena Pay CardApple Pay
- Apps
- RedotPay CardiOS, AndroidEthena Pay CardiOS, Web
- Daily spending limit
- RedotPay CardNot disclosedEthena Pay CardDynamic, based on collateral market value
- Monthly spending limit
- RedotPay CardNot disclosedEthena Pay CardDynamic, based on collateral market value
- ATM limit
- RedotPay CardNot disclosedEthena Pay CardNot available
Funding & transfers
5 fields- Networks
- RedotPay CardTRC20, ERC20, BEP20Ethena Pay CardEthereum, Polygon, Optimism, Arbitrum
- Crypto deposits
- RedotPay CardStablecoins: USDT, USDC; Other crypto: BTC, ETH, SOL, XRP, BNB +3Ethena Pay CardNot disclosed
- Fiat deposits
- RedotPay CardRedotPay account bank depositEthena Pay CardNot disclosed
- Transfers
- RedotPay CardStablecoin transfers; RedotPay International TransferEthena Pay CardStablecoin transfers; Ethena Pay user transfer; Bank withdrawal
- Payout currencies
- RedotPay CardNot disclosedEthena Pay CardNot disclosed
Rewards
3 fields- Base cashback
- RedotPay Card0%Ethena Pay Card4%
- Max cashback
- RedotPay Card3%Ethena Pay Card5%
- Reward currency
- RedotPay CardUSDs cashbackEthena Pay CardAVAX
Earn
5 fields- Advertised APY
- RedotPay CardUp to 1% APYEthena Pay CardUp to 6% APY
- How it works
- RedotPay CardOptional earn vaultEthena Pay CardEarn on spending balance
- Separate deposit
- RedotPay CardYesEthena Pay CardNo
- Use balance for spending
- RedotPay CardNot disclosedEthena Pay CardYes
- Lock-up
- RedotPay CardNot disclosedEthena Pay CardNo
Trust & availability
6 fields- Custody
- RedotPay CardCustodialEthena Pay CardHybrid custody
- Control until payment
- RedotPay CardProvider controls fundsEthena Pay CardYou keep control
- Card issuer
- RedotPay CardXfers Pte. Ltd.Ethena Pay CardThird National
- Card processing
- RedotPay CardRedotPayEthena Pay CardSignify Holdings, Inc. d/b/a Rain
- Identity verification
- RedotPay CardNot disclosedEthena Pay CardSumsub
- Programme operator
- RedotPay CardRed F. Technology LimitedEthena Pay CardNot disclosed
Sources
2 fields- Official sources
- RedotPay Card28Ethena Pay Card12
- Last reviewed
- RedotPay CardAug 25, 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 69 for RedotPay Card. Ethena Pay Card has the lower published FX fee (0% Ethena Pay markup; Visa rate applies vs 1.2–2%). Ethena Pay Card has the higher published base cashback rate (4% vs 0%).
RedotPay Card still comes out ahead for Travel and Transfers, which may matter more than the overall result if that is how you plan to use the card. RedotPay Card uses a custodial balance setup, while Ethena Pay Card uses a hybrid custody setup. Neither approach is always better, so choose the level of control you are comfortable with.
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 RedotPay Card and Ethena Pay Card reviews first.
Continue with
RedotPay Card
Continue with
Ethena Pay Card
05 · Common questions
RedotPay vs Ethena Pay FAQ
Is RedotPay or Ethena Pay better overall?
Ethena Pay Card has the higher Overall Score (86 vs 69). 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, RedotPay or Ethena Pay?
Ethena Pay Card has the lower published FX fee (0% Ethena Pay markup; Visa rate applies vs 1.2–2%). Compare plan, FX, card-spend, top-up and ATM charges separately because one fee does not represent the full cost.
Which has better cashback, RedotPay or Ethena 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 RedotPay and Ethena Pay differ on custody?
RedotPay Card uses a custodial balance setup, while Ethena Pay Card uses a hybrid custody setup. Neither approach is always better, so choose the level of control you are comfortable with.
How current is this RedotPay 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.