Updated September 28, 2026 · DebitCue Editorial Team
COCA Card vs Nexo
COCA Card
Higher score in this comparison
Nexo
Where COCA Card and Nexo differ
| Compare | COCA CardReviewVisitVisit | NexoReviewVisitVisit |
|---|---|---|
| Currency conversion fee | 0%Lower | 0.2% to 2.5% |
| Free ATM withdrawals | $250 | €200 to €2,000 |
| Cashback rate | 8%Higher | 0.1% to 2% |
| Card network | Visa | Mastercard |
| Custody | Self custody | Custodial |
| Currencies | Not confirmed | 100 |
Same on both: Monthly fee (€0), Card type (Debit).
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Key differences
- COCA Card scores higher overall: 9.4 vs 8.9.
- COCA Card is available in 16 more countries.
- Currency conversion fee is lower at COCA Card: 0% vs 0.2% to 2.5%.
- Cashback rate is higher at COCA Card: 8% vs 0.1% to 2%.
- Support channels: only COCA Card offers Community.
- Support channels: only Nexo offers Chat, Email.
- Features: only COCA Card offers Self custody.
- Features: only Nexo offers Multi currency, Custodial.
Our verdict on each
COCA Card
COCA Card suits people who want a fee free debit card for spending abroad while holding digital assets themselves. The monthly fee is €0, the currency conversion fee is 0%, and it ranks first on monthly fee among 419 brands compared.
Nexo
Nexo suits people who hold crypto and want a card that costs nothing to keep and pays cashback in tokens. The monthly fee is €0, the cashback is paid in crypto rather than cash, and the conversion fee of 0.2% to 2.5% is the trade-off to weigh.
Score breakdown
| Area | COCA Card | Nexo |
|---|---|---|
| Cost | 9.4HigherFirst on both cost measures: 1 of 419 on monthly fee and 1 of 259 on conversion. | 9.2Free monthly and annual fees sit against a currency conversion fee of 0.2% to 2.5%, so spending abroad costs more. |
| Offer | 9.4HigherA debit card on visa with self custody control and a virtual card for online spending. | 9.3 |
| Trust | Not confirmed | 8.4 |
Where each is licensed and available
| Country | COCA Card | Nexo |
|---|---|---|
| Argentina | Not confirmed | |
| Australia | Not confirmed | AUSTRAC (Australia) DCE100843695-001 |
| Hong Kong | Not confirmed | Companies Registry (Hong Kong) TC007556 |
| Poland | Not confirmed | Ministry of Finance (Poland) RDWW-533 |
| Seychelles | Not confirmed | |
| United States | Not confirmed |
Available in 34 countries for both. Additional countries for COCA Card: 18. Additional countries for Nexo: 2.
How they place
| Ranking | COCA Card | Nexo |
|---|---|---|
| Debit cards | 3 of 1336 | 11 of 1336 |
| Travel cards | 1 of 443 | 9 of 443 |
Every fact side by side
| Fact | COCA Card | Nexo |
|---|---|---|
| Features | Crypto, Virtual card, Self custody, Travel | Multi currency, Crypto, Virtual card, Custodial, Travel |
| Audience | Not confirmed | Business |
| Legal entity | Not confirmed | DiPocket UAB |
| Founded | Not confirmed | 2018 |
| Support channels | Help centre, Community | Chat, Email, Help centre |
Credit cards
| Fact | COCA Card | Nexo |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | from 1.9% |
| Rewards type | Not confirmed | Cashback |
| Pricing model | Not confirmed | No annual fee |
| Rewards rate | Not confirmed | Up to 2% crypto cashback in NEXO Tokens, or 0.5% in BTC at Platinum tier, on purchases in Credit Mode |
| Perks | Not confirmed | Free ATM withdrawals up to EUR 2,000 / GBP 1,800 per month at Platinum tier, then 2% fee (min EUR/GBP 1.99), Apple Pay and Google Pay supported, Interest earned on unspent funds (Nexo Loyalty Program, up to 13% per year), Accepted at over 100 million merchants globally, Virtual card activated instantly with 50 USD balance; free shipping for physical card above 5,000 USD balance at Gold tier or higher, No monthly, annual or inactivity card fees |
| Cashback rate | Not confirmed | 0.5% to 2% |
| Card kind | Not confirmed | Credit |
Where each stands against the rest
| Fact | COCA Card | Nexo | Median |
|---|---|---|---|
| Monthly fee | €0at the median | €0at the median | €0 |
| Currency conversion fee | 0%below the median | 0.2% to 2.5%below the median | 1% |
| Cashback rate | 8%highest quarter | 0.1% to 2%at the median | 2% |
| Currencies | Not confirmed | 100highest quarter | 8 |
Median across 387 listed cards.
Pros and cons
COCA Card
Pros
- The monthly fee is €0 and the currency conversion fee is 0%, so spending abroad adds no extra cost.
- Cashback of 8% is paid on a debit card, so the reward does not depend on borrowing.
- Free ATM withdrawals of $250 cover cash needs away from home without a fee.
Cons
- Support runs on help centre and community only, so there is no direct phone line for urgent account problems.
- The account is self custody, a minority set-up in this group, so readers used to ordinary bank accounts should read the terms closely.
- The card is built around crypto, virtual card and self custody features, which narrows it to people already using digital assets.
Nexo
Pros
- Free to keep: the monthly fee is €0 and the annual fee is €0.
- Cashback of 0.5% to 2% paid in NEXO Tokens, or in BTC at the Platinum tier.
- Free ATM withdrawals of €200 to €2,000 each month at the Platinum tier.
Cons
- Currency conversion costs 0.2% to 2.5%, above the site median of 1%.
- Support runs on chat, email and help centre only, with no phone line.
- Custody sits with the provider: the account is custodial, not self-custody.
Who each suits
COCA Card
Who it suits
- People who want a fee free visa card for a trip and need $250 in free cash withdrawals.
- Spenders who want cashback of 8% paid on a debit card without borrowing.
- Anyone comfortable with self custody who wants the balance held in their own hands.
Who should look elsewhere
- Anyone who wants a credit card for borrowing rather than a debit card: Varo Believe Secured Credit Card and Chime Card are credit products, and the monthly fee here is €0.
- Readers who want phone support: this card runs on help centre and community, and its monthly fee of €0 matches £0 at Wise, so support is the deciding factor.
- Anyone who prefers the custodial model most cards on the site use, at 75.6%, since this account is self custody.
Nexo
Who it suits
- Crypto holders who want everyday spending to pay part of the cost back in tokens.
- Business users, the audience Nexo lists, who pay across several of the 100 supported currencies.
- Travellers who keep their cash withdrawals inside €200 to €2,000 each month.
Who should look elsewhere
- Wise, for anyone who wants a multi-currency account without crypto cashback or interest on unspent funds.
- Varo Believe Secured Credit Card, for a secured credit card rather than a crypto-linked card, at a monthly fee of $0.
- Chime Card (Secured Visa Credit Card), for building credit on a secured card, at a monthly fee of $0.
Current offers
Country by country
| Country | COCA Card | Nexo |
|---|---|---|
| Andorra | Yes | No |
| Brazil | Yes | No |
| Chile | Yes | No |
| Colombia | Yes | No |
| Ecuador | Yes | No |
| Gibraltar | Yes | No |
| Indonesia | Yes | No |
| Malaysia | Yes | No |
8 of 54 countries where either is available.
Questions about each
COCA Card
What does COCA Card cost to hold and to use?+
The monthly fee is €0 and the currency conversion fee is 0%, so there is no charge for keeping the account or for converting currency on a trip. Cashback of 8% is the reward on offer, and the card draws directly on the balance you hold.
How many free ATM withdrawals are included?+
The free ATM withdrawal allowance is $250, which covers cash withdrawals abroad without a fee. In the site rankings the card sits at 20 out of 115 brands on this measure, so the cash allowance sits below the middle of the group.
Nexo
What does it cost to keep the Nexo card?+
The monthly fee is €0 and the annual fee is €0, and Nexo states there are no monthly, annual or inactivity card fees. The account is aimed at business users, so holding the card adds no fixed running cost to a budget.
What is the currency conversion fee?+
Conversion costs 0.2% to 2.5%, which sits above the site median of 1%. Spending in a currency other than your balance currency is the main cost to plan for, and free ATM withdrawals only run to €200 to €2,000 a month at the Platinum tier.
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