Nexo Card vs RedotPay Card - HodlCue
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Nexo Card vs RedotPay Card

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

Nexo Card

Nexo Card

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

VS
RedotPay Card

RedotPay Card

RedotPay Card lets you spend cryptocurrency at millions of merchants worldwide. It is a custodial card, meani…

Head-to-head comparison

Effective rewards

Nexo Card

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

RedotPay Card

0% cashback (pure spending/off-ramp product)

Reward asset

Nexo Card

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

RedotPay Card

Staking tier

Nexo Card

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

RedotPay Card

Custody

Nexo Card

Custodial

RedotPay Card

Custodial

Annual fee

Nexo Card

No monthly or annual fee

RedotPay Card

Virtual $10 / Solana Edition $10 / Physical $100 issuance

FX fee

Nexo Card

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

RedotPay Card

~1.2% FX markup

ATM fee

Nexo Card

Free to monthly limit by loyalty tier, then fee

RedotPay Card

Verify

Conversion spread

Nexo Card

Standard, applies on debit-mode conversions

RedotPay Card

1% crypto conversion fee

Network

Nexo Card

Mastercard

RedotPay Card

Visa

Apple / Google Pay

Nexo Card

Yes

RedotPay Card

Yes

Region availability

Nexo Card

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

RedotPay Card

50-100+ countries; no-KYC virtual tier; high daily limits

Pros & cons

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
RedotPay Card

RedotPay Card

Pros

  • Spend crypto directly at millions of merchants
  • Automatic conversion to fiat at point of sale
  • Simple setup and user-friendly app
  • Supports multiple cryptocurrencies

Cons

  • Custodial model means you do not control private keys
  • No public proof of reserves
  • Fees may apply for certain transactions
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.

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RedotPay Card

RedotPay Card

RedotPay Card lets you spend cryptocurrency at millions of merchants worldwide. It is a custodial card, meaning the provider holds your funds, so you should understand the security and control trade-offs before signing up.

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.

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