Updated September 28, 2026 · DebitCue Editorial Team
CoinJar vs Nexo
CoinJar
Nexo
Higher score in this comparison
Where CoinJar and Nexo differ
| Compare | CoinJarReviewVisitVisit | NexoReviewVisitVisit |
|---|---|---|
| Monthly fee | A$0 | €0 |
| Currency conversion fee | 2.99% | 0.2% to 2.5%Lower |
| Card type | Prepaid | Debit |
| Cashback rate | 1% | 0.1% to 2%Higher |
| Free ATM withdrawals | Not confirmed | €200 to €2,000 |
| Top-up fee | 0% (no pre-loading; card spends directly from CoinJar account balance) | Not confirmed |
| Currencies | Not confirmed | 100 |
Same on both: Card network (Mastercard), Custody (Custodial).
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Key differences
- Nexo scores higher overall: 8.9 vs 8.8.
- Founded is lower at CoinJar: 2013 vs 2018.
- Nexo is licensed in 3 more countries.
- Nexo is available in 31 more countries.
- Currency conversion fee is lower at Nexo: 0.2% to 2.5% vs 2.99%.
- Cashback rate is higher at Nexo: 0.1% to 2% vs 1%.
- Support channels: only Nexo offers Chat.
- Features: only Nexo offers Multi currency, Virtual card, Travel.
Our verdict on each
CoinJar
CoinJar suits anyone who already holds digital assets and wants to spend them through a Mastercard without paying a monthly charge. The monthly fee is AUD 0, but a currency conversion fee of 2.99% puts it well down our ranking on that measure.
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 | CoinJar | Nexo |
|---|---|---|
| Cost | 8.8A AUD 0 monthly fee and no top-up charge, weighed against 2.99% charged on every currency conversion. | 9.2HigherFree monthly and annual fees sit against a currency conversion fee of 0.2% to 2.5%, so spending abroad costs more. |
| Offer | 8.8 | 9.3Higher |
| Trust | 8.8Higher | 8.4 |
Positions in our rankings
| Ranking | CoinJar | Nexo |
|---|---|---|
| Business debit cards | 11 of 201 | 4 of 201 |
Every fact side by side
| Fact | CoinJar | Nexo |
|---|---|---|
| Features | Crypto, Custodial | Multi currency, Crypto, Virtual card, Custodial, TravelCovers more |
| Audience | Business | Business |
| Legal entity | CoinJar Europe Limited | DiPocket UAB |
| Headquarters | Ireland | Not confirmed |
| Founded | 2013Lower | 2018 |
| Support channels | Email, Help centre | Chat, Email, Help centreCovers more |
Credit cards
| Fact | CoinJar | 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 | CoinJar | Nexo | Median |
|---|---|---|---|
| Currency conversion fee | 2.99%highest quarter | 0.2% to 2.5%below the median | 1% |
| Free ATM withdrawals | Not confirmed | €200 to €2,000highest quarter | €4 |
| Cashback rate | 1%below the median | 0.1% to 2%at the median | 2% |
| Currencies | Not confirmed | 100highest quarter | 8 |
Median across 387 listed cards.
Pros and cons
CoinJar
Pros
- The monthly fee is AUD 0, and the top-up fee does not apply because nothing is pre-loaded
- Card spending earns cashback of 1%
- It runs on mastercard, so it takes payment in the places that network does
Cons
- Currency conversion is the weak point at 2.99%, which lands on every spend in another currency
- Support runs on email and help centre only, with no phone line listed
- The setup is custodial, so CoinJar holds the assets rather than you holding them yourself
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
CoinJar
Who it suits
- Anyone holding digital assets on CoinJar who wants to spend that balance straight from a card
- Business users, since CoinJar lists business as its audience
- People who want a prepaid card and are comfortable with a provider holding the assets
Who should look elsewhere
- Skrill, whose monthly fee of €5 is charged in euros rather than Australian dollars, if you want an account kept there
- JMMB Moneyline and JMMB Money Transfer prepaid card, whose monthly fee of JMD 0 suits buyers paying in Jamaican dollars
- CrediMax Cardy EX prepaid Visa, whose monthly fee of BHD 0 suits accounts kept in Bahraini dinars
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
CoinJar
Current offer
Bonus
Free physical CoinJar Card: $0 card issuance (digital and physical)
Card issuance fee is $0 for digital and physical CoinJar Card; a 1% purchase fee applies and is returned as CoinJar Rewards points; card available in Australia only
Source, checked September 26, 2026
Country by country
| Country | CoinJar | Nexo |
|---|---|---|
| Argentina | No | Yes |
| Austria | No | Yes |
| Belgium | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
| Denmark | No | Yes |
8 of 36 countries where either is available.
Questions about each
CoinJar
What does it cost to hold the CoinJar Card?+
There is no monthly charge, as the monthly fee is AUD 0. The card is prepaid, so there is no credit line and no interest to pay, and no top-up fee either since the card spends straight from your CoinJar balance. Spending earns cashback of 1%.
How much does it cost to spend in another currency?+
Each conversion is charged 2.99%. If you pay in a currency other than the one your balance is held in, that cost lands on every transaction, so the card makes most sense for spending where your account already holds the money you need.
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.