Nexo Card offers a unique credit + debit hybrid design — borrow against your crypto collateral without selling. Deep NEXO ecosystem integration, 2% cashback in NEXO + optional crypto rewards, and available across EU and UK.
What Nexo Card is
Nexo Card operates in two modes: credit mode (borrow against crypto collateral at Nexo's standard borrow rate) and debit mode (spend from your fiat balance). Users can switch modes per transaction.
The credit-mode is genuinely differentiated — spend without triggering a crypto sale (avoiding capital gains events in supported jurisdictions).
Fees and rewards
- Annual fee: free
- Cashback: 2% base rate (paid in NEXO)
- Higher tier: 3% cashback with NEXO stake
- Credit mode APR: variable based on collateral / LTV
Verdict
Nexo Card's credit + debit hybrid is genuinely differentiated. For users in EU/UK who want to spend crypto without selling (tax-efficient), Nexo is the best option.