What it does
Nexo Card offers Debit and Credit modes in the same app. Debit spending converts selected assets; Credit Mode uses a collateral-backed credit line. The latter preserves exposure to the collateral’s price, but introduces interest and collateral requirements.
Cashback belongs to Credit Mode and depends on balance and loyalty conditions. It should be compared with the cost of borrowing rather than treated as a discount on every possible payment. The current product page also distinguishes virtual-card eligibility from the higher requirements for a physical card.
Where it stands out
- Switchable debit and credit modes
- Configurable spending-asset order
- Integrated collateral and card dashboard
What you can do
- 01Digital-asset spending
- 02Collateral-backed purchases
- 03Virtual and physical cards
- 04Loyalty-based cashback
Who’s behind it
Nexo provides the account and card experience through the entities and payment partners identified in its regional terms.
Fees & availability
Fees and costs
Credit interest, FX and ATM charges can apply. Cashback and free withdrawal allowances depend on qualifying balance and tier.
Eligibility and availability
Current availability is limited to selected European countries including EEA and UK. Borrowed balances can trigger collateral liquidation.