Bybit Card Review: Pros and Cons, Fees, and More

Transacting using your crypto assets shouldn't be complicated. As such, Bybit has created a way to make life easier for its users through the Bybit Card

Transacting using your crypto assets shouldn’t be complicated. As such, Bybit has created a way to make life easier for its users with the Bybit Card, a crypto debit card that doesn’t have annual or monthly fees and offers exclusive benefits, including up to 10% cashback and 100% rebates on selected partners.

It also comes in two versions—physical and virtual. The virtual version can be applied for free and used immediately after application.

What are some of the advantages of using the Bybit Card?

The following are some of the unique selling points of the Bybit Card.

1. Widely accepted

Over 100 million merchants accept the Bybit crypto debit card. All you need to do is shop and pay at shops that display the Mastercard logo. As one of the leading global electronic payment providers, Mastercard has an expansive merchant network around the world.

Bybit’s strategic partnership with Mastercard provides a secure platform for its users to conveniently pay for goods and services using cryptocurrencies.

2. Variety of crypto options

Currently, you can select and pay anytime, with one of the following eight cryptocurrencies using your Bybit Card—Bitcoin (BTC), Ether (ETH), Ripple (XRP), Tether (USDT), USD Coin (USDC), Toncoin (TON), Mantle (MNT) and BNB (BNB). The transaction process is swift since it is done directly from your Bybit account through an intuitive and user-friendly dashboard. We're also adding more crypto options and allowing multi-asset spending in a single transaction in the future, so stay tuned for the upcoming developments!

3. EMV 3D-Secure

At Bybit, we keep our customers’ funds as a priority. For that reason, we selected Mastercard as they adhere to strict security standards to prevent loss of funds and customer information.

The Bybit crypto debit card is also enabled with EMV® 3D-Secure, a cutting-edge fraud prevention technology that allows for consumer authentication when making online payments. When using your Bybit Card, you can comfortably shop online as there’s an additional layer of security present to keep fraudsters at bay.

4. Cashbacks and rebates

You can earn from 2–10% cashback, depending upon your Bybit VIP level. If you’re a regular Bybit card user, you’ll earn 2% cashback capped at 10 USDT every month. Meanwhile, if you’re a Supreme VIP user, you can receive 10% cashback (up to a maximum of 600 USDT). You can also enjoy 100% merchant rebates on Netflix, Spotify, Amazon Prime, ChatGPT and TradingView subscriptions, in addition to a 50% airport lounge access discount.

If you’re a new Bybit Card holder looking to purchase Tomorrowland tickets at the Tomorrowland Brasil presale from Apr 4–5, 2025, you can also enjoy 10% cashback on your ticket purchases.

5. Rewards Program

Bybit Card’s exciting Rewards Program lets you earn Bybit Card Rewards Points every time you pay using our crypto debit card. Just like with cashback, the point multipliers and monthly caps for your Reward Points vary according to your VIP level. Supreme VIP users can enjoy 50-point multipliers capped at 300,000 points. Depending upon the Rewards Points accumulated, you can redeem them for different rewards at the Rewards Market. Auto Cashback activation is among the redeemable rewards from the Rewards Market.

During our celebration of the Bybit Card 2nd anniversary, you can also earn up to 12% cashback and receive 12% off on selected merchandise in the Rewards Market, unlocking even more savings as you claim exclusive rewards.

6. Earn interest on idle crypto

You can also activate the Auto-Savings function to automatically earn interest on your idle crypto assets in Flexible Savings, which can be automatically redeemed to spend with your Bybit Card. After you activate the Auto-Savings function on your card, the system will automatically transfer your funds from your Funding Account to stake in Flexible Savings plans daily at 10AM UTC.

Note that your assets will only be staked if the minimum eligible staking amount is met, and the Auto-Savings function can help you stake up to the maximum investment amount. However, if your amount is insufficient or exceeds the maximum limit, your subscription will fail for that day.

7. Referral Program

Bybit Card also features a Referral Program whereby referrers can receive 20 USDT, while referees can earn 10 USDT when they spend more than 100 USDT or its equivalent within 30 days of applying for the card. You can claim your reward at the Rewards Hub within 10 days of your referee’s completion of their task.

8. Physical and virtual versions

The Bybit