Bybit EU Card Review: Cashback, Fees, & Perks
Bybit EU Card Review: Cashback, Fees, & Perks
The Bybit Card is a Mastercard debit card for eligible EEA users. It can spend EUR or convert supported crypto from the user’s Funding Account when a transaction is made.
Non-VIP users receive 1% cashback without a monthly cap. VIP rates range from 2% to 10%, although the higher rates have monthly reward caps. This makes the card most rewarding for existing Bybit VIP users rather than users joining solely for card rewards.
There is no annual fee, and virtual-card issuance and the first physical-card issuance are currently free. Crypto-funded payments incur a 0.9% conversion fee, while foreign-currency transactions incur a 0.5% FX fee above Mastercard’s exchange rate.
Bybit Card at a Glance
| Feature | Details |
|---|---|
| Card type | Debit card funded with EUR or supported crypto |
| Card network | Mastercard |
| Annual fee | None |
| Virtual card | Free |
| Physical card | First issuance free; €5 replacement fee |
| Cashback | 1% uncapped for non-VIP users; 2%–10% for VIP users |
| FX fee | 0.5% above Mastercard’s exchange rate |
| Crypto conversion fee | 0.9% above Bybit EU’s One-Click Sell rate |
| ATM withdrawals | First €100 per month fee-free; 2% thereafter |
| Mobile wallets | Apple Pay, Google Pay, and Samsung Pay |
Cashback and Rewards
Non-VIP users earn 1% cashback on eligible purchases without a monthly cap. VIP users receive higher rates according to their Bybit VIP status.
Rewards are initially credited as Bybit Rewards Points. Points typically become available within 4 calendar days after an eligible transaction.
Cardholders can redeem points through the Rewards Market or enable Auto Cashback. When Auto Cashback is enabled, points are converted into the selected supported token and credited to the Funding Account daily. Auto Cashback requires at least 50 points.
| Account Status | Cashback | Monthly Reward Cap |
|---|---|---|
| Non-VIP | 1% | Uncapped |
| VIP 1–2 | 2% | €50 |
| VIP 3 | 4% | €150 |
| VIP 4 or PRO 1 | 6% | €250 |
| VIP 5 or PRO 2 | 8% | €400 |
| VIP 6 or PRO 3–5 | 10% | €600 |
Card Fees
The card has no annual, inactivity, or cancellation fee. Its principal usage costs are the FX fee, crypto-conversion fee, and ATM fee above the monthly allowance.
| Fee | Amount | Notes |
|---|---|---|
| Annual fee | None | — |
| Inactivity fee | None | — |
| Cancellation fee | None | — |
| Virtual-card issuance | Free | Until further notice |
| First physical-card issuance | Free | Until further notice |
| Physical-card replacement | €5 | — |
| FX | 0.5% | Added to Mastercard’s exchange rate |
| Crypto conversion | 0.9% | Added to Bybit EU’s One-Click Sell rate; €1 or US$1 minimum conversion |
| ATM withdrawal | 2% | Charged on withdrawals above the first €100 each month |
Paymentscan Testing
On 2 July 2026, we made a 4.49 PLN purchase, which Bybit charged as €1.05. Google’s displayed benchmark rate was 4.29 PLN per €1, implying a benchmark cost of €1.0466.
The charged amount represented an observed spread of 0.32%. Bybit did not show a separate fee line for the transaction.
Funding Your Bybit Card
The Bybit Card draws from assets held in the user’s Funding Account. EUR can be spent directly, while supported crypto is converted when required for a payment.
Supported card assets include EUR, USDC, EURC, BTC, ETH, MNT, GRAM, and XRP. Crypto-funded transactions incur the 0.9% conversion fee in addition to Bybit EU’s applicable conversion rate.
Availability and User Experience
The Bybit Card is available to eligible users in supported EEA countries. Standard virtual-card applications require identity and address verification.
Bybit also offers a Virtual Card Lite in eligible markets. It can be obtained without proof-of-address verification but has a €150 lifetime spending limit. Users can upgrade to the standard virtual card by completing address verification.
We completed onboarding and identity verification through Onfido in approximately 10 minutes on an iPhone. We added the card to Apple Pay manually. Bybit also supports Google Pay and Samsung Pay.
A standard virtual card must be approved before a physical card can be requested.
Who Is This Card For?
The Bybit Card offers the strongest value to existing Bybit users who already hold assets in a Funding Account. Non-VIP users receive straightforward, uncapped 1% cashback, while established VIP users can access materially higher rates.
Users should account for the 0.9% crypto-conversion fee when spending crypto. Funding the card with EUR avoids that conversion charge, while foreign-currency purchases still incur the 0.5% FX fee.
How to Sign Up for Bybit Card
- Create a Bybit EU account and complete identity verification.
- Open Finance, select Card, and choose Get Your Card.
- Select the country of residence and complete the required eligibility checks.
- Provide proof of address for the standard virtual card, or select Virtual Card Lite where eligible.
- Activate the approved virtual card and add EUR or supported crypto to the Funding Account.
- Apply for a physical card after the virtual card has been approved, if required.
- Add the card to Apple Pay, Google Pay, or Samsung Pay.