Compare Ethereum Prepaid Cards

Find the right Ethereum prepaid card for you.

If you want to use Ethereum in regular shops and at ATMs, then a prepaid card is your best option. Our comparisons will help you find the right card.

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What should I look for in a prepaid card?

Some cards charge high transaction fees, so it's important to make sure you won't be charged too much, just for spending your Ethereum. On top of this you'll want to make sure your card can be denominated in the currency used in your country and that it can be used anywhere you'd normally use a prepaid card.

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The top Ethereum prepaid cards in the UK.


1
GBP,USD,EUR,
BTC
ETH
LTC
XRP
  • Crypto-friendly debit card
  • Fully secured by Multi-Sig technology
  • Buy, exchange and spend cryptos
2
GBP,USD,EUR,
BTC
ETH
  • Can spend crypto on the go
  • Has dedicated mobile app
  • Virtual cards available
3
GBP,USD,EUR,
BTC
ETH
LTC
  • 91 Cryptocurrencies Supported
  • Available in 150 countries
  • Large E-currency network
These are highly volatile investment products. Your capital is at risk.

Finding the best Ethereum prepaid card in 2018.


What is an Ethereum prepaid card?

An Ethereum prepaid card is simply a card which you top up with ether and use to make payments in places that support card payments. You can use an Ethereum prepaid card anywhere you’d use a regular debit or prepaid card, so you can spend your ether on the go. We’ll take you through exactly how they work and which cards are the best right here.

There is a fundamental difference between an Ethereum ‘debit’ card and an Ethereum ‘prepaid’ card. With an Ethereum debit card you have an account with all the functions of a ‘normal’ bank account, and your card is connected to this account. With an Ethereum prepaid card you have a card onto which you can load money which you can then spend.

How do Ethereum prepaid cards work?

You top up the card with ether and spend the coins to purchase goods and services in shops like a regular cash card. Instead of having an account to which the funds of the card are connected to, the funds are held directly on your card. However, transactions are still carried out with fiat currency, which is why you can use Ethereum prepaid cards in places that don’t accept ether. These are two ways that transactions with an ethereum prepaid card work:

  • Exchange at the point of sale. When you make a payment, ether is deducted from your card’s balance to be converted into an amount of fiat currency that allows you to complete the payment based on the current market rate.
  • Exchange at the point of loading. The ether you load onto the card is immediately transferred into fiat currency at the point of loading, which you can then subsequently spend. This means that the card only holds fiat currency, but is loaded with cryptocurrency.

How regularly do I have to load funds onto my card?

That depends on how much you spend using the card. there might be limits on how much you can load into your card at one time, and these are imposed by your card provider. These limits are usually dependent on whether you have supplied verification of your identity to the card provider.

What verification steps are there?

When ordering for your Ethereum prepaid card, you can usually provide as little information as just your full name, date of birth, and email address. However, you will have limits (explained further down the page) placed on your card, which can only be reduced by providing further information to change your account status. Often, you will be required to upload documents showing your proof of address (a bank statement or utility bill within the last 6 months) and proof of identity (a government issued ID, a passport photo, or driver’s license).

Are prepaid Ethereum cards accepted everywhere?

Yes and no. You can shop anywhere that accepts regular card payments, but you can’t use the card to complete rolling payments (repeating bills) like a debit card can. For that, you’ll need an Ethereum debit card. We have a guide for those, so make sure to check it out as well.

What if I lose my card?

Firstly, you can get a virtual card, which stops you from physically losing it. However, if you are using a physical, plastic card and lose it, you will not be able to retrieve your funds. You can contact the card provider and request them to deactivate your card and ask for a replacement.

What’s all this about virtual cards?

As mentioned above, you have the option to get either a virtual or physical card. Here’s what these two entail:

  • Virtual. This is a card that doesn’t exist physically. It carries all the same details as a regular card, including your name, card number, CVV code, and expiry date. All you have to do is activate it through your email and you can start using it to carry out online payments.
  • Chip + pin (plastic). This is similar to a regular, physical prepaid card. It comes with a chip + pin and is delivered to your address. Unlike its virtual counterpart, the plastic card can be used at an ATM, and to conduct both offline and online payments.

Are there fees for using an Ethereum prepaid card?

Yes. However, the types of fees you are charged depend on what service provider you choose, as they often operate using different fees. We have compiled a list of all such possible fees:

  • Card fee. Usually a flat fee of around £5 – £30, this is a charge for card production, which is sometimes conjoined with the delivery fee.
  • Monthly fee. Providers usually charge a monthly service fee for the management of your account. The fees range between £1 and £5 per month. If you are looking for a discount, you may find providers offering an annual service fee as an alternative, which ranges between £10 and £50.
  • Loading fee. You can be charged for loading ether onto your card, and the fee will usually be dependent on how much you have loaded. It is usually a 1% fee, but it can be higher.
  • Online purchases. Typically, providers allow users to make online purchases without any fees, but you may find a few that charge roughly £1 for every transaction.
  • Retail/store purchases. This operates in the same way as online purchases, but for offline shop purchases.
  • Administration/support. Administration/support fee is more common among Ethereum debit cards, but you may still find prepaid card providers charging a flat fee of around £20 to £30 for support such as tracing a payment.
  • Currency exchange rates. If your prepaid card holds funds in ether, exchanging at the point of sale will come with an additional conversion charge between 0.7% and 5%. This is the same case if the funds are converted at the point of loading.
  • Delivery fee. As mentioned, the delivery fee is usually charged in conjunction with the card fee. If not, delivery can be charged as a flat fee between £5 and £20, depending on where the card is being delivered to. Overseas deliveries will obviously cost more.
  • Foreign transaction fee. If you want to use your prepaid card in foreign countries, the charges typically range from 2% to 5% of the total amount you spend, depending on the provider.
  • ATM fees (domestic/international). Withdrawing money from a local/domestic ATM usually incurs fees between £2 and £3. However, if you use the same card to withdraw money from a foreign ATM, you will be charged more: usually between £3 and £5.

Are there card limits?

Yes, depending on the service you choose, you will be subjected to a number of limits, most of which are dependent on whether you have verified your identity. Here’s a breakdown of the limits:

  • Maximum/minimum balances. The minimum balance you are expected to maintain by most providers is around £1 – £10, either in fiat currency or in an equivalent amount of ether. Some providers, however, will allow you to spend up to the last cent in your account. On the other hand, the maximum balance is typically around £150 and £1,000 for unverified cards, and around £10,000 to unlimited for verified cards.
  • Spend amount limits (per transaction). If you are verified, you’ll be allowed to transact as much as you want. But if you are not, you will likely have a limit ranging from £150 and £1,000 for every transaction, depending on the service provider.
  • Load amount limits. Once again, this is dependent on your verifications status. You will usually be allowed to load any amount you wish if you are fully verified, but if you are not, then the load limit is usually around £1,000.
  • ATM withdrawal limits. If you’re verified you can withdraw around £1,000 per transaction, and £200 if not.

Should I get an Ethereum prepaid card?

The decision is yours. An ethereum prepaid card can be a great way to spend your ether on an offline and online basis. You might want to make payments with more anonymity, which will be the case if you have an unverified account. On the other hand, you may also want to carry out higher value transactions with a fully verified account.

How can I get a prepaid Ethereum card?

This is the simple part. We have narrowed down the best Ethereum prepaid card providers for you, so use the comparison table to find the right card for you. You can then order a physical card or start using a virtual card instantly.

Should I use an Ethereum prepaid card?


Advantages

  • You can use Ethereum prepaid cards at ATMs and shop with ether
  • Prepaid cards insulate you against inflation in unstable economies
  • They make accessing your Ethereum easier
  • Ethereum prepaid cards allow you to shop anonymously

Drawbacks

  • Ethereum often have high transaction fees, especially at ATMs
  • The transactions are made in regular currency, so fluctuations in Ethereum can cause changes in prices

Frequent questions.


What’s the difference between Ethereum prepaid cards and Ethereum debit cards?

Ethereum prepaid cards need to be topped up with ether in order to use. Debit cards, on the other hand, take funds directly from a linked account. Debit cards can also hold multiple currencies (both crypto and fiat) at a time, and exchange between them on the card. Prepaid cards usually hold one cryptocurrency per card. If you lose a physical debit card, you should contact your card provider who will be able to send you a new card, and you will be able to freeze the card within a mobile app. If you lose a physical prepaid card, you will also lose access to those funds.

Can I use an Ethereum prepaid card in the UK?

Absolutely. As long as the merchant accepts regular card payments, you can use your Ethereum prepaid card to make purchases. However, you will not be able to make rolling payments (repeating bills). Further, if you live in the UK, get a card that transacts in GBP so you don’t have to pay additional conversion fees.

Can I send money from my Ethereum prepaid card to my bank account?

You can, but it’s not really advisable. If you wish to move money back and forth from your bank account, it would be better to use an Ethereum debit card, since it can hold both fiat currency and ether at the same time.

Can I connect my card to my PayPal account?

Usually, it is difficult to use PayPal for anything related to cryptocurrency. But if your card is supported by VISA, it could successfully be linked to your PayPal account.

How are Ethereum prepaid cards different to wallets?

The difference lies mostly in where they are used. Whereas physical Ethereum prepaid cards can be used in both online and offline (local) stores, wallets only come in handy with online purchases. Although wallets can cryptocurrency just like a prepaid card can, they do not have the ability to transact in fiat currency.

Can you spend multiple digital currencies from one card?

This depends on the card and provider. Usually, prepaid cards are specific to one cryptocurrency, but you can always get multiple cards for other cryptocurrencies. Ethereum debit cards are much more likely to hold multiple currencies (cryptocurrency and fiat), even allowing you to exchange between them.

Will my Ethereum prepaid card hold and spend ether or transact in fiat currency?

Both. An Ethereum prepaid card can work in two ways. There are two types: ones that convert ether into fiat currency at the point of loading, and others that convert the ether to fiat currency at the point of purchase. But these cards will never spend ether directly. The card will outline the specific currency it transacts with. If you’re in the UK, it’s best to get one that is denominated in GBP.

I’ve heard that VISA are backing out of Ethereum cards?

Yes and no. In January 2018, VISA pulled out of WaveCrest Holdings, one of the providers of many major crypto debit and prepaid cards. This did not affect anyone’s holdings: people were either refunded or the money was held in their accounts. This has not affected Ethereum cards, as the major companies have switched to new providers that VISA is happy to support.

Are Ethereum prepaid cards safe?

Yes, Ethereum prepaid cards are safe and secure, as long as you keep them as such.

Are there services I should avoid?

Yes, but we won’t direct you to any of them. Like any card, it’s important to ensure you are using a reliable and trustworthy provider.

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