Introduction to Binance Crypto Credit Card
General Information
The Binance Crypto Credit Card is a VISA debit card that allows seamless transactions using your Euro and cryptocurrency balances stored on Binance. Key features include:
- Multi-currency support: Spend cryptocurrencies like BTC, ETH, or BNB directly.
- Cashback rewards: Earn up to 8% in Binance Coin (BNB) based on your 30-day average BNB holdings.
- Customizable wallet: Assign specific cryptocurrencies for spending and prioritize their usage order.
👉 Learn how to maximize your crypto rewards with Binance Card
Fees and Costs
- Card issuance: Free (as of April 2021).
- Euro transactions: No fees.
- Cryptocurrency conversions: Real-time exchange rates apply.
Cashback Program
Your cashback percentage depends on your BNB holdings:
| Average BNB Holdings (30-day) | Cashback Rate | Monthly Cap (EUR) |
|---|---|---|
| 0 BNB | 0.1% | €1.80 |
| 1 BNB | 2.0% | €36.00 |
| 10 BNB | 3.0% | €54.00 |
| 40 BNB | 4.0% | €72.00 |
| 100 BNB | 5.0% | €90.00 |
| 250 BNB | 6.0% | €108.00 |
| 600 BNB | 8.0% | €144.00 |
Exclusions: Amazon Marketplace payments don’t qualify for cashback.
How to Order the Binance Card
Browser Instructions
- Register and log in to your Binance account.
- Navigate to Wallet > Card.
- Click Get Started, complete identity verification (if pending), and submit your order.
- Delivery typically takes 15 days.
Mobile App Instructions
- Download the Binance app and switch to Professional mode.
- Tap More > Finance > Card.
- Follow the prompts to order your card.
Activating and Using Your Card
Activation Steps
- Log in to Binance via browser/app.
- Go to Card Wallet and select Activate Card.
- Enter the CVV (found on the back of the card).
- Transfer balances from virtual to physical card if applicable.
Retrieving Your PIN
- In the Card Wallet, click Show PIN.
- Complete SMS verification.
- The 4-digit PIN displays temporarily (does not expire).
Real-World Testing Results
Test 1: Multi-Currency Payments
- Scenario: Paid at REWE using EUR and BUSD.
- Result: Successful via chip insertion; NFC failed initially.
Test 2: Terminal Compatibility
All tested retailers accepted the card:
| Retailer | NFC Support | Payment Success |
|---|---|---|
| Lidl | Yes | Yes |
| Aldi | Yes | Yes |
| McDonald’s | Yes | Yes |
| Shell | Yes | Yes |
Test 3: Online Payments
Worked flawlessly with:
- Netflix
- PayPal
- Amazon
- PlayStation Network
Test 4: Refunds
Refunds processed correctly to the original payment method.
Frequently Asked Questions (FAQ)
How long does delivery take?
~15 days from order date.
Are there tax implications?
Consult a tax advisor for crypto-to-fiat conversions under your jurisdiction’s laws.
Can I accidentally spend unassigned crypto?
Only if Auto-Top-Up is enabled. Disable this feature for manual control.
Can I change the payment priority of cryptocurrencies?
Yes. Drag-and-drop currencies in your Card Wallet settings.
Is the PIN changeable?
Currently requires support intervention.
Do refunds work?
Yes, as confirmed in Test 4.
Additional Resources
👉 Explore advanced crypto spending strategies
Disclaimer: Cryptocurrency trading carries risks. This guide does not constitute financial advice. Always perform due diligence.