Buy $GGs
Quick Review
Cryptocurrency traders like the Bybit Card like it since it is linked to the Bybit account. You do not have to transfer the money to another platform. Crypto will automatically turn into fiat upon payment.
The card is offered at no annual fees and with good cashback incentives. Conversion and ATM fees can be charged, though. Rewards are based on Bybit VIP. On the whole, it is a powerful alternative among those who have already registered on Bybit.
Ratings
CoinGape Review on Bybit Card
Bybit Card appears to be viable in the eyes of crypto users who desire to spend on it after a review of the official documentation and features of the card. From my experience, the card is simple to establish if you already have a Bybit account. The possibility of cashback is excellent, and charges are evident.
Nonetheless, incentives are based on trading and the level of tiers. In addition, some countries also lack availability because of regulations. The Bybit Card scores 8.4/10, according to the rewards, ease of use, and integration of the exchange.
Rewards and Offers
The Bybit Card works with cashback on the use of the card. The rewards are typically paid in terms of points or crypto, which can be redeemed for bonuses, discounts, or any other benefits of the platform.
The amount of higher cashback rates is subject to your Bybit VIP status or unique promotions. Better rewards can be given to active traders who have more money or trade frequently.
Bybit also has annual campaigns during which users can earn additional cashbacks, bonus points, or gifts. These deals are not fixed in time, which means it is necessary to check the Bybit dashboard.
The rewards are nice, however, not the maximum in comparison to some crypto credit cards. The primary advantage is simple crypto spending as well as cashback.
Fees
Bybit Card maintains low-fee charges. Annual fees do not usually exist, nor are there monthly maintenance fees, nor an inactivity fee. It functions similarly to a debit card, which means that it does not have an APR, there is no interest rate, or penalty for default.
Nonetheless, certain standard charges are charged. The cost of crypto conversion can be approximately 0.9 percent when crypto is exchanged for fiat upon payment. ATM withdrawals can be free up to a certain point; thereafter, a charge is applied. Small FX fees will be charged on foreign exchange payments based on the region.
Such fees are prevalent in crypto debit cards and are based on the usage of the card.
These are the key cost aspects after visiting Bybit’s documentation.
Also, there is no fee on an annual basis or a monthly basis. There are crypto conversion fees for crypto payments. Free limits may be followed by a charge made on ATM withdrawals. FX charges can be involved in the payment of foreign currency. There are blockchain network charges, which are incurred when transferring crypto to your Bybit account.
The card is not a credit card, hence there are no interest charges. This takes away the financial risk as compared to conventional credit cards.
Additional Costs
Users are expected to keep in mind that cashback rewards are in crypto or points. They may fluctuate depending on the prices of the crypto market. Market conditions are based on conversion rates. The charge of ATM is related to the place and bank regulations.
These costs are normal for crypto cards and not unique to Bybit.
- High Cashback Rewards : Bybit Card has cashback on expenditure, with a reward occasionally of 2-10 percent, according to campaigns or VIP status. These rewards are either in crypto or in reward points, which can be traded for bonuses or gift cards.
- No Annual or Monthly Fee : The Bybit Cards have most of the annual, monthly, and inactivity fees. This renders the card cheap even when you are not in frequent use. The user can maintain the card without any concern of incurring any additional maintenance fees.
- One-Click Bybit Account Connection. : The card is linked to your Bybit funding account. When you want to spend, crypto is automatically swapped to fiat, and you do not have to sell crypto manually before you can spend.
- Global Payment Acceptance : The card is compatible with the Visa or Mastercard network, hence it can be used virtually anywhere cards are accepted. This can be used for online shopping, booking of travels, and even withdrawing money at ATM all over the world.
- Crypto Conversion Fees : Bybit charges approximately 0.9 percent to convert crypto into fiat to make payments. This is typical of crypto cards, but it may lower total rewards in the case of frequent use.
- ATM Withdrawal Charges : Withdrawals made via ATM could be charged beyond a specific free withdrawal amount, which is normally around 2% beyond a free monthly withdrawal limit. Often, money withdrawals may add to the expenses.
- Foreign Exchange Fees : FX charges will be applied to other currency payments at about 0.5-1% by location. This expense is accumulated in traveling or foreign shopping.
Security, Regulation, and Trust Signals
About the Company
Bybit is an international Crypto Exchange that was started in 2018. It provides trading, staking, earn products, and crypto payment. It is characterized by a liquid market and excellent trading instruments.
Regulatory Compliance
Bybit partners with regulated payment partners to issue cards. The card has to be activated by KYC verification. Local legislation is a matter of regional availability.
Insurance
The security measures are two-factor authentication, exchange protection systems, and withdrawal controls. Nevertheless, wallet safety should not be forgotten by the users.
Past Issues
Similar to other crypto exchanges, Bybit has to operate in dynamic regulatory conditions. Before using services, users are advised to ensure that they check the rules in their country.
Who Should Use the Bybit Card?
Bybit Card is a solution that would suit the needs of crypto traders who already have money on Bybit. It is good in the case of freelancers, remote employees, and investors who have been paid in crypto.
It also suits users who want simple crypto spending without credit risk. Beginners who don’t use exchanges may find it less useful.
The Bybit Card is a practical crypto debit card with cashback rewards and easy exchange integration. It has zero annual fees, global acceptance, and a simple setup for Bybit users.
However, conversion fees and tier-based rewards should be considered. Availability also depends on the region. Overall, the Bybit Card is a strong choice for active crypto traders who want easy spending and rewards from their holdings. It connects crypto investing with real-life payments in a simple way.
Did you find this review helpful?
Our Review Methodology
We review crypto cards using a consistent framework focused on real-world use, fees, risk, and usability. Here’s a quick look at how each card is evaluated before it’s ranked.
1. Real-World Testing
We review crypto cards based on how they behave once you actually start using them. This includes onboarding, spending, settlement speed, and how balances and rewards update in practice.
2. Fees & Terms Checked
Fees, limits, FX costs, and reward rules are verified using official issuer terms and fee schedules. Temporary promotions or targeted offers are not included in scores.
3. Risk & Reliability
We look at custody setup, issuer background, regulatory signals, and past operational issues to understand where user risk really sits.
4. Independent Scoring
All cards are scored using the same framework. Rankings are not pay-to-play, and commercial relationships do not influence ratings.
