Binance Card
A custodial Mastercard that pays cashback in USDC. No yearly fee. Not offered in the US. Every purchase costs 0.1% to convert your crypto, plus 3% outside US dollars.
Short answer: At $2,000 a month in Australia, Binance Card costs $8.00 a month more than it pays back, after fees and FX. It advertises up to 3% cashback. We haven’t tested it with our own purchases yet.
Terms checked How we work it out
- Mastercard
- Prepaid
- Custodial
- Cashback in stablecoins
- Free plan
Custodial: the company behind this card holds your crypto, not you. We leave custodial cards out of our rankings. See every custodial card
In US dollars. FX on AUD spending is included.
−$8.00 a month
Advertised up to 3% , real cashback rate −0.4%, on the Tier 3 ($1,000+ monthly spend) plan
$60.00 cashback$0.00 card fees$68.00 FX and other fees
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Pick a plan
Binance Card has three plans: Tier 3, Tier 2 and Tier 1.
- Tier 3 needs at least $1,000 a month of spending and pays 3% on everything.
- Tier 2 needs at least $100 a month of spending and pays 2% on everything.
- Tier 1 is free and pays 1.5% on everything.
- Pays the most
Tier 3 ($1,000+ monthly spend)
Free, 3% on everything, up to $100 a month back, from $1,000 a month in spend
−$8.00 a month, −0.4%
Tier 2 ($100 to $999 monthly spend)
Free, 2% on everything, up to $100 a month back, from $100 a month in spend
−$28.00 a month, −1.4%
Tier 1 (under $100 monthly spend)
Free, 1.5% on everything, up to $100 a month back
−$38.00 a month, −1.9%
What you keep as spend grows
Hover the line to see other amounts.
Show as a table
| Monthly spend | What you keep | Plan |
|---|---|---|
| $250 | −1.4% | Tier 2 ($100 to $999 monthly spend) |
| $500 | −1.4% | Tier 2 ($100 to $999 monthly spend) |
| $750 | −1.4% | Tier 2 ($100 to $999 monthly spend) |
| $1,000 | −0.4% | Tier 3 ($1,000+ monthly spend) |
| $1,500 | −0.4% | Tier 3 ($1,000+ monthly spend) |
| $2,000 | −0.4% | Tier 3 ($1,000+ monthly spend) |
| $2,500 | −0.4% | Tier 3 ($1,000+ monthly spend) |
| $3,000 | −0.4% | Tier 3 ($1,000+ monthly spend) |
| $4,000 | −0.9% | Tier 3 ($1,000+ monthly spend) |
| $5,000 | −1.4% | Tier 3 ($1,000+ monthly spend) |
| $6,000 | −1.73% | Tier 3 ($1,000+ monthly spend) |
| $7,500 | −2.07% | Tier 3 ($1,000+ monthly spend) |
| $10,000 | −2.4% | Tier 3 ($1,000+ monthly spend) |
Every fee
There’s no yearly or monthly fee. Every purchase, in any currency, costs 0.1% to convert your crypto. Outside US dollars, spending costs 3.4%, Mastercard’s exchange rate included.
- Yearly fee
- None
- FX fee
- Australia: 3% on non-USD spend, on top of Mastercard's rate (Binance's Australian fees page, 13 Apr 2026). Binance's newer global fees page (21 Sep 2026) lists 2% for most card countries without naming Australia, 3% in New Zealand and 0% in Colombia, Peru, the CIS and Armenia; we use 3% for Australia until it's confirmed
- Conversion fee
- Crypto conversion fee on every purchase: 0.1% when spending USDC, 0.9% for other crypto
- Topping up
- Spends from your Binance Funding/Spot balance; no top-up fee stated
- ATM withdrawals
- 2 free ATM withdrawals a month, then US$1.50 each (Binance fees FAQ)
- Card issue
- Virtual card free; physical card US$10 with standard shipping, US$70 with premium shipping (Binance's global fees page, 21 Sep 2026)
- Monthly fee
- $0 (no monthly or annual fee)
Our own test
We're testing crypto cards with a week of everyday spending each from October and comparing what each card takes with the market rate. What this card actually charges will show here and in our Q4 report.
Where these numbers come from
Binance Card's published terms, checked . Where sources disagree, we go with the less generous reading.
What's good and what to watch
Good
- No issuance, monthly or annual fee
- Cashback paid in USDC, and the month's highest tier applies to all of that month's spend
- Spending USDC costs only a 0.1% conversion fee
- No BNB holding or staking needed for any tier
Watch
- A 3% foreign transaction fee in Australia (2% in several other markets) outweighs the cashback on local-currency spend
- Cashback is capped at US$100 a month (Binance's cashback FAQ, updated 25 Sep 2026)
- 0.9% conversion fee when spending crypto other than USDC
- Only in selected markets (Australia, New Zealand, parts of Latin America and the CIS); not in the US, UK, Canada or the EEA
- Custodial: spends from your Binance exchange balance
At a glance
- Network
- Mastercard
- Custody
- custodial
- Card type
- prepaid
- Form
- Physical & virtual
- Availability
- Australia, New Zealand and other APAC markets, Selected Latin American markets (e.g. Mexico, Argentina, Colombia, Peru), Armenia and parts of the CIS
- Not offered in
- Japan, Singapore and United Arab Emirates
- KYC
- Verified Binance account plus residential address; eligibility is confirmed in-app at application
- Funding
- Binance Funding/Spot wallet balance
- Spending limit
- Not confirmed
Perks and benefits
- Offers & creditsBinance runs time-limited card promotions (for example a June 2026 cashback boost); none are included in the rates here
Compare it and read more
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General information only. These figures are calculated from the spend you enter and the card terms we've collected. We haven't considered your objectives, financial situation or needs, and this isn't a recommendation. Consider whether a card suits you and read the provider's terms before applying. Figures are estimates, terms change, and crypto is volatile.
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