Coinbase Card vs Nexo Card - HodlCue
HodlCue

Provider comparison

Coinbase Card vs Nexo Card

Coinbase Card vs Nexo Card: compare effective rewards, reward asset, fees, regulation, and custody in one head-to-head table.

Coinbase Card

Coinbase Card

Coinbase Card lets you spend cryptocurrency directly from your Coinbase account. It is a custodial Visa debit…

VS
Nexo Card

Nexo Card

The Nexo Card is a crypto-backed credit card that lets you spend without selling your assets. It offers crypt…

Head-to-head comparison

Effective rewards

Coinbase Card

1-4% (rotating; 4% on select tokens, 1% on BTC/ETH/DAI)

Nexo Card

0.5-2% (credit-mode purchases only, not debit)

Reward asset

Coinbase Card

Rotating (e.g. XLM, GRT, AMP, RLY at 4%; BTC/ETH/DOGE/DAI at 1%)

Nexo Card

NEXO (up to 2%) or BTC (up to 0.5%)

Staking tier

Coinbase Card

Nexo Card

Loyalty tier by NEXO-to-portfolio ratio; higher cashback needs >~$5k portfolio and NEXO holdings

Custody

Coinbase Card

Custodial

Nexo Card

Custodial

Annual fee

Coinbase Card

No annual fee

Nexo Card

No monthly or annual fee

FX fee

Coinbase Card

No foreign transaction fee

Nexo Card

FX fee applies even in EEA/UK, higher on weekends

ATM fee

Coinbase Card

No Coinbase ATM fee (operator fees may apply)

Nexo Card

Free to monthly limit by loyalty tier, then fee

Conversion spread

Coinbase Card

Spread on crypto sold to fund purchase (Coinbase spread)

Nexo Card

Standard, applies on debit-mode conversions

Network

Coinbase Card

Visa

Nexo Card

Mastercard

Apple / Google Pay

Coinbase Card

Yes

Nexo Card

Yes

Region availability

Coinbase Card

United States only

Nexo Card

EEA and UK only (exited US 2024); physical card orders temporarily paused

Pros & cons

Coinbase Card

Coinbase Card

Pros

  • Direct spending from Coinbase account
  • No annual or monthly fees
  • Real-time transaction tracking
  • Crypto rewards on eligible purchases
  • Wide Visa acceptance

Cons

  • Custodial - Coinbase holds your keys
  • Conversion fees and spreads apply
  • Not available in all countries
  • Potential taxable events on each spend
Nexo Card

Nexo Card

Pros

  • Spend crypto without selling your assets
  • Earn crypto cashback on purchases
  • No annual fee (depending on tier)
  • Flexible repayment options

Cons

  • Custodial - you do not control private keys
  • Risk of liquidation if collateral drops
  • Interest charges on borrowed amounts
  • Not available in all countries
Coinbase Card

Coinbase Card

Coinbase Card lets you spend cryptocurrency directly from your Coinbase account. It is a custodial Visa debit card that converts crypto to fiat at the point of sale.

Read review
Nexo Card

Nexo Card

The Nexo Card is a crypto-backed credit card that lets you spend without selling your assets. It offers crypto rewards on everyday purchases, but is custodial and requires careful review of terms.

Read review

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

Not the right match?

Line up any two providers side by side, or browse the full list to find your next platform.

Compare another provider Browse all providers