A low-cost way for EEA residents to spend stablecoins, especially if you hold USDG. It doesn’t suit you if you need a physical card or cash withdrawals, or if you want to spend crypto other than USDC or USDG.
Score breakdown
How we read the terms: EEA, non-VIP: no issuance or monthly fee, 0% card FX (a conversion fee of up to 0.1% applies), 2% cashback on USDG purchases capped at €50 a month. 10% needs OKX VIP 4.
Not rated yet: verified criteria cover 65% of the weight, and we need 70% to give an overall score. How scores are calculated.
Pros
- No issuance, monthly or FX fee
- 2% cashback for non-VIP users when you pay in USDG
- Apple Pay and Google Pay
- Spends straight from your OKX Pay stablecoin balance, no manual top-up
Cons
- Virtual only: OKX doesn’t issue physical cards
- Cashback only on USDG payments; USDC spending earns nothing
- Non-VIP cashback is capped at €50 a month
- Runs on a prepaid BIN, so some hotels, car rentals and fuel pumps may decline it
Overview
The OKX Card is issued by UAB Monavate, with OKX Europe Limited as programme manager. It spends USDC or USDG from your OKX Pay wallet, converting to euros at the moment of payment for a fee of up to 0.1%.
Cashback is paid in USDG on USDG-funded purchases: 2% for non-VIP users (up to €50 a month), 4% to 5% for VIP 1–3 and 10% for VIP 4 and above (up to €1,000 a month). VIP levels depend on assets or trading volume on OKX, starting at €100,000 in assets for VIP 1.
We haven’t run a hands-on test of this card; this review is based on the issuer’s published documents linked on this page.
Card tierssource
| Tier | Stake | Subscription | Cashback | Notes |
|---|---|---|---|---|
| Non-VIP | None | €0 | 2% | Cap €50 cashback/month |
| VIP 1 | €100,000 assets or €1M 30-day volume | €0 | 4% | Cap €300/month |
| VIP 2 | €200,000 assets or €5M volume | €0 | 4.5% | Cap €450/month |
| VIP 3 | €2M assets or €10M volume | €0 | 5% | Cap €1,000/month |
| VIP 4+ | €5M assets or €20M volume | €0 | 10% | Cap €1,000/month |
Region: EEA.
Fees and limits
- Card issuance (EEA)
- €0source
- Monthly fee (EEA)
- €0source
- FX fee (EEA)
- 0source
- Top-up (EEA)
- Not verified
- Free ATM per month (EEA)
- Not applicable — virtual card onlysource
Fees are quoted from the issuer’s documents for the region shown. Each “source” link opens the issuer’s page; the wording is quoted in the availability table and in the link’s tooltip.
Is it worth it? Quick math
Entry tier, €1,000 a month of everyday spending in the card’s currency, first year, compared with a plain 2% cash-back card. Only the verified figures above are used.
- Cashback earned
- €240
- Card fees (issuance + 12 × monthly)
- €0
- Net value, year one
- €240
- Plain 2% cash-back card
- €240
At this spend, OKX Card earns €0 more than a plain 2% cash-back card. Higher tiers pay more, but may need staking, a balance or a paid plan — see the tiers above.
Cashback paid in a volatile token can be worth more or less when you sell it. FX and top-up fees are not included here.
Availability
| Region | Status | What the issuer says |
|---|---|---|
| US | Not verified | “the OKX Card is currently available in select regions only.”source |
| UK | Not verified | “the OKX Card is currently available in select regions only.”source |
| EEA | With restrictions | “The OKX Card EEA is available to users across the EU and Norway, excluding Iceland and Liechtenstein.”source Offered in the EU and Norway, not in Iceland or Liechtenstein. |
By country
Other regions listed by the issuer: EU, Norway, Excludes Iceland and Liechtensteinsource. Not legal advice; an issuer can refuse any applicant.
How to get the card
- 1Open an OKX accountSign up and complete identity verification (KYC).
- 2Activate OKX PayTurn on OKX Pay in the app and add USDC or USDG.
- 3Apply for the cardOpen the card section in the OKX app and follow the steps.
- 4Set USDG firstPut USDG first in your spending order to earn cashback, then add the card to Apple Pay or Google Pay.
OKX Card: common questions
Does the OKX Card have fees?
There’s no issuance, monthly, annual or card FX fee. Converting your stablecoins to euros at payment costs up to 0.1%.
Do I get cashback when I pay with USDC?
No. Cashback is only paid on purchases funded with USDG, and it is credited in USDG to your OKX Pay account.
Alternatives and comparisons
Information only, not financial advice. Crypto assets are volatile. Terms change often — confirm on the issuer’s site before applying.