Binance Card — Credit / Debit Card: Terms, Fees, and Conditions

Binance card

First of all, it’s important to clarify that the Binance Card functions more as a crypto debit / prepaid card rather than a traditional credit card with a credit line. It allows users to spend cryptocurrencies stored in their Binance account, which are automatically converted into fiat at the time of payment.

Binance card

Availability and Restrictions

The Binance Card is currently available only in selected European countries.
Examples include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

The card is not available in several regions where crypto regulations are strict or uncertain. For instance, Binance has suspended its card program in certain Middle Eastern and Latin American countries.

To apply for the card, users must have a verified Binance account and complete KYC / AML verification procedures.

Fees and costs

Here are the main costs and limits found across official sources and user reports:

Type of Fee / ElementAmount / ConditionNotes
Transaction / Spending Fee~ 0.90% on purchases and ATM withdrawalsApplies to most European regions; may be higher outside the EU.
Annual / Maintenance Fee€0 — no yearly feeNo recurring or hidden maintenance charges.
Issuance Fee (First Card)Free — both for virtual and physical versionsNo cost for initial issuance.
Replacement / Reissuance FeeAround €25 for physical cardVirtual version may vary by region.
ATM Withdrawal FeeUp to 0.90%, plus possible ATM operator feesMay depend on ATM network and local rules.
Currency Conversion (Non-EUR Transactions)Usually no extra fee in Europe, but may increase for non-EUR regionsConversion spread may apply for cross-border transactions.

Spending and Withdrawal Limits

  • Virtual Card: approx. €870 per day
  • Physical Card: approx. €8,000–€8,700 per day
  • ATM Withdrawal Limit: approx. €290 per day
  • Contactless payments: regional limits may apply per transaction.

Rewards and Cashback

Users can earn BNB cashback on every purchase. The cashback rate depends on the user’s BNB holdings and Binance Card tier, reaching up to 8% cashback in BNB for top-tier users.

There is also a monthly cap on the maximum cashback amount, depending on the user’s tier level and BNB balance.

Additional notes

    Funds used for payments must be stored in a dedicated Card Funding Wallet within the Binance account — users need to transfer crypto from their Spot Wallet or another internal wallet before spending.

    3D Secure (3DS) authentication is required for online transactions in the EU and similar jurisdictions.

    Transactions outside of Europe may involve additional costs or higher conversion fees.

    Pros & Cons

    Positive
    • No annual or monthly maintenance fees.
    • Transparent fee structure (~0.90% on payments and ATM use).
    • High spending limits for physical cards.
    • Up to 8% cashback in BNB for active users.
    Negatives
    • Limited availability — not supported in all regions.
    • Conversion rates may vary significantly outside Europe.
    • Mandatory KYC
    • Regulatory changes can affect eligibility and usage.
    • Cashback benefits are lower for users with small BNB balances.

    Conclusion — Binance Card Review

    The Binance Card is a practical and cost-effective option for users in supported countries who want to use their crypto holdings for everyday purchases.

    It could be an excellent solution, because it uses funds directly from the Binance wallet, but with the huge disadvantage that it is available in only a small number of countries

    Read Binance Review — Complete User Experience and Features Overview

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