Best Crypto Debit Cards UK – Top Bitcoin Debit Cards in the UK

Kane Pepi

Last Updated: 30, May 2022

Fact Checked by Gary McFarlane

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Crypto debit cards allow you to spend your digital currency holdings in the real world. This means that you can use the card to spend Bitcoin and other crypto-assets in-store, online, and even to withdraw cash at ATMs.

In this guide, we review the best crypto debit cards in the UK and discuss what factors to look out for when choosing a provider.

#1 Crypto Debit Card in the UK – eToro

1

Min Deposit$50

Mobile AppYes

• Invest in a wide range of cryptocurrencies
• Ability to copy more experienced investors and their decisions
• eToro crypto wallet included which makes it beginner-friendly

0% CommissionVisit WebsiteOur score 10

More InfoClose More Info

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

Offer Terms

CySEC Regulatedno

IFSC Regulatedno

FCA Regulatedno

Best Bitcoin Debit Card UK – Top 5 List

After reviewing dozens of providers in this space, below you will find an overview of the best crypto debit cards in the UK.

• eToro Money Card– Overall Best Crypto Debit Card UK
• Embily – Best Prepaid Card with Crypto Wallet Attached in Europe
• Cryptopay – Best Bitcoin Debit Card UK for Large Purchases
• Binance Visa Card – Best Crypto Debit Card UK for Cashback
• Revolut – Best Bitcoin Debit Card UK for Beginners
• Monolith – Best Crypto Debit Card UK for ERC-20 Tokens

You will find full reviews of the above Bitcoin debit cards further down in this guide.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Best Crypto Debit Cards UK – Full Reviews

When searching for the best crypto debit cards in the UK – there are many factors that need to be considered. For example, you need to assess what cryptocurrencies the card supports and what fees you will be charged when using it online, in-store, and at ATMs. You also need to check what limits are in place and crucially – whether or not the provider behind the card is legitimate.

Taking all of the above into account, below you will find full reviews of the best Bitcoin debit cards in the UK.

1. eToro Money Card – Overall Best Crypto Debit Card UK

Our research team found that eToro offers the overall best crypto debit card in the UK. First and foremost, eToro is primarily an online brokerage firm that is authorized and regulated by the Financial Conduct Authority (FCA). This means that you can be confident that the card is backed by a credible provider that takes regulation and safety seriously. The eToro Money Card – which is issued by Visa, connects directly to your main eToro investment account.

In a nutshell, this means that you can easily access your investment funds in the real world – without needing to go through the usual process of requesting a withdrawal. As such, whether you are holding crypto, stocks, ETFs, or any other supported financial instrument – the eToro Money Card can give you access to cash when you need it. If you top your eToro Money Card up directly, you will avoid the usual 0.5% FX fee charged by the provider’s investment wing. Plus, there are no setup fees to get your hands on the card.

What we also like about the eToro Money Card is that it also comes with a personal bank account number and sort code. This means that you can send and receive funds to and from UK bank accounts. As the card is issued by Visa, you can use it online, in-store, or to withdraw cash from an ATM. eToro also notes that its UK crypto debit card gives you access to highly competitive exchange rates. This means that you can use the card even when you are abroad.

When it comes to crypto specifically, eToro is a market leader in this industry. First and foremost, the platform – which connects with your Bitcoin debit card, offers 30 popular digital currencies that you can buy, sell, trade, and store. This includes the likes of Bitcoin, Ethereum, XRP, Litecoin, EOS, Dogecoin, and more. Best of all, you only need to cover the spread when you trade crypto at eToro – which starts at 0.75%. Finally, any cash funds held on your eToro Money Card are stored in segregated bank accounts for your safety.

Pros

Cons

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Embily — Best Prepaid Card with Crypto Wallet Attached in Europe

Introducing Embily, the crypto-friendly card for a new era! Embily Card is perfect for anyone who wants to feel secure while spending their money. The card is formally regulated by Estonian financial authorities, so you know your money is safe. Notably, the parent company is Estonian (Embily OÜ).

Furthermore, the Embily card comes with a ton of great features, like instant transactions and payments. So why wait? Get an Embily Card today!

By connecting your crypto wallet with an Embily Card, you manage your funds conveniently — paying in-store, online, or withdrawing from an ATM — just like you would with a typical bank-issued fiat money debit card.

A physical plastic card costs 5 euros and includes worldwide delivery, while a virtual card costs only 1 euro.

Embily charges no hidden fees or fluctuating exchange rates at the moment of transaction. There is no need to hold any tokens, and the card delivery is free (5 to 14 days on average).

The company also runs a referral program offering referral fees and bonuses of 0.1% for all future top-ups. Additionally, referrals receive bonuses for the same amount after their first deposits.

With Embily, you can enjoy all the benefits of traditional banking, but with the added flexibility and convenience of using your worldwide acceptable crypto debit card. With Embily, you can bank on your terms! So why wait? Get your Embily Card today!

Pros

Cons

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

3. Cryptopay – Best Bitcoin Debit Card UK for Large Purchases

Launched in 2013, Cryptopay is a UK-based digital currency service provider that allows you to buy, sell, and trade crypto assets from the comfort of your home. This includes the ability to buy cryptocurrency with a debit card or via a UK bank transfer. Cryptopay also offers a fully-fledged Bitcoin debit card that is not only available in the UK – but priced in GBP.

This allows you to avoid unnecessary FX fees when funding your card. The Cryptopay debit card is issued by Visa – so you will not have any issues using it. Once again, this covers purchases online and in-store, as well as withdrawals at ATMs. This crypto debit card is arguably suited for large-scale investors- not least because you can execute a transaction worth up to £30,000.

When it comes to fees, this is where Cryptopay falls short. For instance, you will be charged £5 to order the card and 1% for loading it with funds. This means that should you fund the card with £1,000 worth of crypto, you will pay a fee of £10. There is also an ATM charge of £3.50 per withdrawal and an FX fee of 3% – which is huge.

Pros

Cons

at eToro, the UK’s #1 FCA-Regulated Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Binance Visa Card – Best Crypto Debit Card UK for Cashback

If you are looking for the best crypto debit card in the UK for cashback – you might want to consider Binance. This provider is the largest cryptocurrency exchange globally – with billions of pounds of trading volume going through the platform every day. Once you order the Binance debit card – this will be connected to your main exchange account.

This means that you can also use Binance to trade digital currencies online – with the exchange charging just 0.10% commission per slide. The Binance debit card is issued by Visa, so you can use it at millions of retailers and ATMs around the world. One of the main attractions of this card is that you can earn cashback on each purchase that you make.

This stands at a maximum of 8% – which is one of the highest reward rates we have seen. However, there is a catch – you need to hold a minimum of 600 BNB tokens – which is the cryptocurrency backed by Binance. At current rates of around $370 per BNB – that’s a total holding of over $220,000 (about £160,000)! If you do not hold any BNB tokens, then your cashback rate stands at just 0.1%.

Pros

Cons

at eToro, the UK’s #1 FCA-Regulated Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Revolut – Best Bitcoin Debit Card UK for Beginners

If you are a complete beginner and looking for a user-friendly way to enter the cryptocurrency arena – Revolut might be the best Bitcoin debit card for you. First and foremost, Revolut is well known in the UK as a challenger bank. The mobile app gives you access to UK banking services – which includes a unique account number and sort code.

The Revolut app also allows you to send and receive funds internationally at competitive FX rates. In terms of its crypto offering, Revolut allows you to invest in digital currencies from within its app. However, it is important to note that you will not be able to withdraw the crypto assets out of Revolut and into a private wallet.

Nevertheless, as the crypto department is linked directly with your main Revolut account – this makes it an ideal Bitcoin debit card in terms of convenience. For example, if you need access to cash, you can instantly sell your crypto back to Revolut at the click of a button – and the funds will be deposited in your account. Take note, crypto buy/sells are super expensive at Revolut – with the app charging 2.5% per trade.

Pros

Cons

at eToro, the UK’s #1 FCA-Regulated Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Monolith – Best Crypto Debit Card UK for ERC-20 Tokens

The final crypto debit card to consider as a UK resident is Monolith. This card – which is issued by Visa – operates on top of the Ethereum blockchain via a secure smart contract. This means that you can use the Monolith card not only to spend Ethereum – but thousands of ERC-20 tokens too.

There is no monthly fee attached to this crypto debit card, albeit, you will be charged a commission of 1.75% on each purchase. This does make Monolith one of the most expensive in this space. Furthermore, you will pay an ATM withdrawal fee of £1.75 and 1% to top up your card. In terms of limits, you can withdraw up to £350 per day from an ATM and have a maximum card limit of £7,500 at any given time.

Another drawback with the Monolith crypto debit card is that you need to factor in gas fees. For those unaware, this is the fee that the Ethereum blockchain requires to process a transaction. When the Ethereum network is busy, gas fees can be costly. As the Monolith card is backed by an Ethereum smart contract – this will increase your costs even further.

Pros

Cons

at eToro, the UK’s #1 FCA-Regulated Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Crypto Debit Card UK

If you have yet to choose the best crypto debit card for your personal circumstances – this section will discuss the most important metrics to look for. This covers safety, fees, limits, trading features, and more.

Safety

When you use a crypto debit card provider, you will be trusting the platform with your hard-earned funds. This might come in the form of crypto assets or traditional money. Either way, it is imperative that you only choose a crypto debit card that is backed by a credible and trustworthy provider.

This is one of the main reasons why we think that eToro is the best Bitcoin debit card in the UK – as the brokerage firm is authorized and regulated by the FCA. Plus, the platform has been operational since 2007 and now boasts a global client base of over 20 million people. Unfortunately, this strong regulatory framework cannot be rivaled by the other crypto debit cards we reviewed earlier.

Fees

Make no mistake about it – there is an assortment of fees that you need to assess before you order your chosen crypto debit card. This can be a complicated process, as fees will depend on what you are looking to use the card for.

Here’s a breakdown of what fees to assess when choosing the best Bitcoin crypto debit card in the UK.

Set-Up / Order Fee

You will be ordering a plastic crypto debit card, so naturally, the provider will need to post this to you. In most cases, you might need to pay a small delivery fee – which shouldn’t cost you more than £5-£10.

Loading Fee

This is a fee charged when you load your crypto debit card. This can be avoided if you are using a provider that offers brokerage services and you already have funds in your account. For example, when you use the eToro Money Card and have capital in your cash balance – no load fee applies. However, you then have providers like Cryptopay – which charge a loading fee of 1%.

Purchase Fee

Some crypto debit cards in the UK will charge you a purchase fee. This will be charged every time you use the card online or in-store. Monolith, for example, charges a purchase fee of 1.75% – which is huge.

ATM Fee

Many providers will charge you a fee every time you use your crypto debit card at an ATM.

Limits

You will likely find that your chosen crypto debit card comes with various limits.

This might be linked to:

• The amount of money you can have on your crypto debit card at any given time
• How much you can withdraw from an ATM per day or month
• The maximum purchase amount

In some cases, you can increase the limits on your Bitcoin debit card by going through an enhanced KYC process. This means that you will need to provide some additional documents so that the card provider complies with anti-money laundering laws.

Trading Features

It goes without saying that the best crypto debit cards in the UK give you access to trading services. This means that you can buy, sell, and trade digital currencies without needing to create an account with another provider. At eToro, for example, the FCA-regulated broker gives you access to over 30+ cryptocurrencies.

All of these markets can be traded on a spread-only basis and at a minimum of just $25 (about £18). Crucially, the eToro Money Card is linked to the main eToro investment platform, so you have all of the cryptocurrency trading services you need via a single hub.

Supported Coins

You should also check to see what digital currencies are supported by your chosen crypto debit card. For example, if you elect to order the Monolith card, this only supports tokens built on top of the Ethereum blockchain. This means that you won’t be able to store other leading crypto assets – such as Bitcoin, Litecoin, Bitcoin Cash, or Dogecoin.

How to Get Started With the Best Crypto Debit Card UK – Step-by-Step Walkthrough

To conclude this guide on the best crypto debit cards in the UK – we are going to walk you through the set-up process step-by-step. We will base our tutorial on the eToro Money Card – which our researchers found the be the best option in the UK market.

Step 1: Open an eToro Account

The first part of the process is to open an account with eToro. This will require some personal information from you – such as your name, address, and contact details.

You will also need to choose a suitable username and password, and confirm your mobile number.

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Verify Identity

You will also need to provide eToro with a copy of your passport or driver’s license – as per KYC regulations. You also need to upload a document that confirms your home address. This can be a bank account statement or utility bill.

Step 3: Order eToro Money Card

Now that you have a verified eToro account, you can apply for the Money Card. At the time of writing, there is a waiting list – so the sooner you get your name on there the quicker you will get your card delivered.

Step 4: Deposit Funds

In order to use your eToro Money Card in the real world, you will need to have some funds in your account. The main eToro platform allows you to deposit funds with a debit/credit card, e-wallet, or bank account.

Alternatively, you can transfer funds directly onto your eToro Money Card by performing a bank transfer. You will need to send the funds to your personal UK bank account number and sort code – which will be provided with your eToro Money Card.

Step 5: Use Card

Once you have cash or crypto attached to your eToro Money Card, you can use it at any location that supports Visa. You can also use the card to withdraw cash from an ATM.

Best Crypto Debit Cards UK – Conclusion

This guide has reviewed the very best crypto debit cards in the UK. Our research team found that the eToro – which is authorized and regulated by the FCA, offers the best option in this marketplace.

Not only does the card supports heaps of digital currencies and personal UK bank account numbers and sort codes, but it also offers some of the most competitive fees we have come across. Plus, as the eToro Money Card is linked to your main eToro investment account – you can buy, sell, and trade over 30+ crypto assets on a spread-only basis!

eToro – Best Crypto Debit Card UK

1

Min Deposit$50

Mobile AppYes

• Invest in a wide range of cryptocurrencies
• Ability to copy more experienced investors and their decisions
• eToro crypto wallet included which makes it beginner-friendly

0% CommissionVisit WebsiteOur score 10

More InfoClose More Info

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

Offer Terms

CySEC Regulatedno

IFSC Regulatedno

FCA Regulatedno

FAQ

What is the best Bitcoin debit card in the UK?

We found that eToro offers the best Bitcoin debit card in the UK. The brokerage behind the card is regulated by the FCA – and all client funds are stored in segregated bank accounts. The crypto debit card comes with personal bank account numbers and sort codes – so you can easily send and receive money at the click of a button. Fees are very competitive, too.   

Where can I use a crypto debit card?

In most cases, the best crypto debit cards in the UK will be issued by Visa or MasterCard. This means that you can use the card to make purchases online or in-store, as well as withdraw cash from an ATM.

Are crypto debit cards safe to use?

This will ultimately depend on the provider that has issued the crypto debit card. For example, eToro is regulated by the FCA, ASIC, and CySEC – so you know that you are ordering a crypto debit card from a legitimate source. On the other hand, the likes of Monolith are not regulated at all – so you do need to tread with caution.

Is there an anonymous crypto debit card?

No – due to domestic and regional anti-money laundering laws, neither Visa nor MasterCard would issue a card to an entity that does not follow regulations. On the contrary, the only way that you will be able to get a crypto debit card in the UK is if you go through a KYC process – which means you will need to upload a copy of your passport or driver’s license.

What is the best crypto debit card for FX fees?

After reviewing dozens of providers, we found that the eToro Money Card is the best option for non-GBP transactions. This is because the card offers highly competitive FX rates – so it’s ideal to use when you are abroad.

 

 

About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.

View all posts by Kane Pepi