Bitpanda review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Bitpanda suits readers who hold crypto on the platform and want to spend it from a card balance, with cashback of 1% on crypto spending. The trade-off is custody: the provider holds the assets, so this is a crypto account with a card attached rather than a bank account with a card.
Key facts
- Best for
- Spending a crypto balance on a debit card with a 0% currency conversion fee.
- Monthly fee
- €0 (Source, checked September 26, 2026)
- Currency conversion fee
- 0% (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Cashback rate
- 1% (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Custody
- Custodial (Source, checked September 26, 2026)
- Legal entity
- Bitpanda GmbH (Source, checked September 26, 2026)
- Headquarters
- Austria (Source, checked September 26, 2026)
- Features
- Crypto, Custodial, Multi-currency, Travel, Virtual card
- Official website
- bitpanda.com
Credit cards
- Annual fee
- €0 (Source, checked September 26, 2026)
- Currency conversion fee
- 0% (Source, checked September 26, 2026)
- Rewards type
- Cashback (Source, checked September 26, 2026)
- Rewards rate
- 1% cashback on crypto asset spending (Source, checked September 26, 2026)
- Perks
- 1% cashback on crypto asset spending (Source, checked September 26, 2026)
- Cashback rate
- 1% (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- Bitpanda GmbH (Source, checked September 26, 2026)
- Headquarters
- Austria (Source, checked September 26, 2026)
- Pricing model
- No annual fee
- Features
- Crypto, Custodial, Multi-currency, Travel, Virtual card
Apps and profiles
Pros and cons
Pros
- Cashback of 1% on crypto spending, on an account that also holds several currencies.
- Registered as a crypto asset service provider in Austria (MiCA CASP 5493007WZ7IFULIL8G21), Germany (MiCA CASP 9845005X9B7N610K0093) and Malta (MiCA CASP 984500DEID7B03J77118).
- A visa network card plus a virtual card covers in person spending and online subscriptions.
- Crypto, multi-currency, travel and virtual card all sit with one provider, so there is no other app to manage.
Cons
- Custody is custodial, so the platform holds the crypto and the keys, and readers who want to hold assets directly cannot.
- Cashback of 1% applies to crypto spending, so purchases elsewhere on the card do not earn that rate.
- The card type is debit and the card kind is recorded as credit, so the money spent comes out of the balance held with the platform and that balance has to be funded first.
- Wise lists a £0 monthly fee for a multi-currency account, so a reader who simply wants a spending card pays the same and skips the crypto balance.
Who it suits
- Holders of crypto on the platform who want to spend it from a card balance.
- Travellers who want a 0% currency conversion fee on a visa network card.
- Readers who want a virtual card for subscriptions alongside a physical card.
Who should look elsewhere
- Anyone building credit with a card: Varo Believe Secured Credit Card is a secured credit card, while this one is debit and spends a funded balance.
- US readers wanting a secured credit line: Chime Card (Secured Visa Credit Card) lists a $0 monthly fee in dollars.
- Readers who want a plain travel wallet: Wise lists a £0 monthly fee and no crypto balance to fund.
Using it day to day
The card is a debit card, so tapping it spends the balance you hold with the platform straight away and there is nothing to repay at the end of a billing period. It runs on the visa network, which means it is taken in the same shops, websites and cash machines as a standard bank card. Everyday use is unremarkable. The part worth thinking about is what funds the balance behind it.
Safety of your money
Custody is the first question, and here it reads custodial: the platform holds the crypto and the keys. The regulatory picture is broad by comparison. Bitpanda GmbH is registered as a crypto asset service provider with the Austrian Financial Market Authority (MiCA CASP 5493007WZ7IFULIL8G21), with Germany's Federal Financial Supervisory Authority (MiCA CASP 9845005X9B7N610K0093) and with the Malta Financial Services Authority (MiCA CASP 984500DEID7B03J77118). An Austrian e-money registration sits alongside those (PSD_EMI AT_FMA_54966). Licences say who supervises the business, while custody says who holds the money you spend.
Where it sits among rivals
On both headline costs the card sits at the cheapest end of what is listed here. It ranks 1 on monthly fee among the 419 brands compared, and 1 on currency conversion fee among the 259. A card that is free to hold and free to convert, while still paying cashback, is hard to argue with on price alone.
Using it abroad
Currency conversion is the number that matters abroad, and it reads 0% on this card. It runs on the visa network, so it is accepted wherever that network is taken, which covers most travel use. Travel sits in the feature list alongside crypto, multi-currency and virtual card, so the card is aimed at spending away from home rather than at a single home market.
Who runs it
The card comes from Bitpanda GmbH, the legal entity Bitpanda GmbH, based in Austria. It is a crypto platform rather than a bank, and its regulatory reach is European: crypto asset service provider registrations in Austria (MiCA CASP 5493007WZ7IFULIL8G21), Germany (MiCA CASP 9845005X9B7N610K0093) and Malta (MiCA CASP 984500DEID7B03J77118), plus an Austrian e-money registration (PSD_EMI AT_FMA_54966). Registrations across several markets sit behind that entity.
How Bitpanda compares
9.2 vs 9.4
9.2 vs 9.0
9.2 vs 8.9
9.2 vs 9.2
9.2 vs 8.8
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 9.0
9.2 vs 8.8
9.2 vs 8.8
9.2 vs 8.7
9.2 vs 9.0
9.2 vs 8.5
9.2 vs 8.9
9.2 vs 8.8
9.2 vs 9.6
9.2 vs 9.4
9.2 vs 9.4
9.2 vs 9.2
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 8.8
9.2 vs 8.8- 9.2 vs 8.8
- 9.2 vs 8.8
9.2 vs 8.8- 9.2 vs 8.8
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.3
9.2 vs 8.2
9.2 vs 8.0
9.2 vs 8.0
Where Bitpanda is available
- Available
- Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain
- Licence in Austria
- FMA, checked September 26, 2026
- Licence in Austria
- Austrian Financial Market Authority (FMA) (MiCA CASP 5493007WZ7IFULIL8G21), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in Germany
- Federal Financial Supervisory Authority (BaFin) (MiCA CASP 9845005X9B7N610K0093), checked September 26, 2026, also valid in Germany, Austria, Belgium, Bulgaria, Cyprus, Czechia, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in Malta
- Malta Financial Services Authority (MFSA) (MiCA CASP 984500DEID7B03J77118), checked September 26, 2026, also valid in Malta
- Licence in Austria
- AT_FMA (PSD_EMI AT_FMA_54966), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Bitpanda card cost to hold?+
The monthly fee on this debit card is €0 and the annual fee is €0, and the card sits in the no annual fee model. There is nothing to pay for keeping the account open, so cost comes from how and where you spend rather than from the account itself.
Is there a fee when I spend abroad?+
The currency conversion fee on the debit card is 0%, and it runs on the visa network, so it can be used abroad with no conversion charge listed for the card. Acceptance follows the network, and travel sits in the feature list, so it is aimed at spending in other currencies.
Does the card pay cashback?+
Cashback of 1% comes back on crypto spending, and the rewards are cashback rather than points or miles. The rate is tied to what you spend on the crypto platform, so purchases elsewhere on the card do not earn the same rate.
Who holds the crypto on the account?+
Custody here is custodial, so the provider holds the crypto and the keys rather than you holding assets directly. The licences cover how the business is regulated, while custody decides who actually controls the balance you spend from. That is the first thing to weigh here.
Who regulates Bitpanda?+
Bitpanda GmbH is listed as a crypto asset service provider with the Austrian Financial Market Authority (MiCA CASP 5493007WZ7IFULIL8G21), with Germany's Federal Financial Supervisory Authority (MiCA CASP 9845005X9B7N610K0093) and with the Malta Financial Services Authority (MiCA CASP 984500DEID7B03J77118). An Austrian e-money registration also appears (PSD_EMI AT_FMA_54966).
Is this a debit or a credit card?+
It is a debit card on the visa network, so spending comes out of the balance you hold with the platform rather than from borrowing. A virtual card sits in the feature list for online subscriptions, and the same account holds several currencies.
Where is Bitpanda based?+
The legal entity behind the card is Bitpanda GmbH, based in Austria. It is a European crypto platform, and the card, the crypto balance and the licences all sit with the same company, so one relationship covers the whole setup.
How does the monthly cost compare with Wise?+
Bitpanda charges a monthly fee of €0 and Wise lists £0, so the monthly cost sits in the same place. The difference is what the balance holds: crypto under a custodial setup here, and a multi-currency account there.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Licences
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity
“ae_homeMemberState=AT”
- bitpanda.com/en/card checked September 26, 2026
Backs: Annual fee, Card kind, Cashback rate, Cashback rate, Features, Currency conversion fee, Pricing model, Monthly fee, Card network, Perks, Rewards rate, Rewards type
“Free card - And no monthly costs - Bitpanda Visa Card”
- cryptocardhub.com/card/bitpanda-card checked September 26, 2026
Backs: Card type, Custody
“The Bitpanda Card is a Visa debit card for euro area residents”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Free ATM withdrawals, Protection.