The Nexo Card is offered to eligible customers in supported jurisdictions. Debit and credit modes use different funding mechanics and eligibility rules.
03Custody modelAccount-linked card; debit mode spends selected balances, while credit mode uses eligible assets as collateral under Nexo terms.
04Identity verificationA verified Nexo account and regional eligibility are required.
FomoNewZ verdict
Who Nexo Card is built for
Nexo Card's debit and credit modes offer different ways to spend, but credit mode adds collateral, interest and liquidation considerations. It is best evaluated as an account-linked borrowing or spending tool, not a universal crypto debit card.
Best for: Eligible Nexo customers who understand the difference between selling assets and borrowing against collateral.
The Nexo Card is offered to eligible customers in supported jurisdictions. Debit and credit modes use different funding mechanics and eligibility rules.
Supported countries
Eligible markets stated in current Nexo terms
Supported assets
Supported Nexo account assets
Custody model
Account-linked card; debit mode spends selected balances, while credit mode uses eligible assets as collateral under Nexo terms.
Identity verification
A verified Nexo account and regional eligibility are required.
Fees
Card and transaction charges
Current charges depend on mode, loyalty tier, currency and transaction type.
FX and ATM
Allowances and fees vary by loyalty tier and should be checked before travel or withdrawal.
Rewards
Card rewards
Rates, asset choice, caps and qualifying transactions depend on mode, tier and current program terms.
Limits
Spending and ATM
Account, tier and jurisdiction-specific limits apply.
Independent review
Nexo Card, examined in context
Debit versus credit mode
Debit mode draws on eligible balances. Credit mode can preserve an asset position by borrowing against collateral, but that introduces interest, loan-to-value and liquidation mechanics. The tax treatment may also differ by jurisdiction.
Fees and loyalty tiers
FX, ATM allowances and rewards depend on current loyalty status and transaction type. Compare the effective cost for your normal currency and monthly spend rather than the maximum advertised benefit.
Product questions
Nexo Card FAQ
Does Nexo Card sell crypto for every purchase?
Not necessarily. Funding mechanics depend on debit or credit mode and the selected assets. Review the transaction preview and current terms.
Who can apply for Nexo Card?
A verified Nexo account in a supported jurisdiction is required; availability and card functions can change by market.
