[ head to head ]

Crypto.com Visa Card vs Ethena Pay

Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#1 and #21 of 26 cards). Ethena Pay also comes out ahead on cashback, a lower FX fee, more countries and control of your funds.

Crypto.com Visa Card49

#21 of 26 · Up to 6% back · annual fee none

Get Crypto.com Read the review

Ethena Pay83

#1 of 26 · 4% to 5% back · annual fee none

Get Ethena Read the review

The short answer

Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#1 and #21 of 26 cards).
Ethena Pay pays 4% cashback on its entry tier; Crypto.com Visa Card does not publish a rate. Higher tiers go up to 6% on Crypto.com Visa Card and 5% on Ethena Pay.
Neither card has an annual fee.
Ethena Pay charges less on foreign currency: a 1% FX fee against 3%.
Ethena Pay lists 48 countries where it works; Crypto.com Visa Card does not publish a full country list (37 confirmed so far). Of the markets we check for every card, only Crypto.com Visa Card is confirmed in United States, United Kingdom and EU / EEA, and only Ethena Pay is confirmed in UAE.
Crypto.com Visa Card is custodial; Ethena Pay is self-custodial.

Want the answer for your own spending, or the next tier up of each? See what each keeps you a year or pick tiers and add a third card.

Side by side

Crypto.com Visa Card

Ethena Pay

G2M score

Base cashback

Not published

Max cashback

Paid in

CRO

AVAX, daily

Annual fee

Free

FX fee

Top-up fee

Per-purchase fee

None listed

ATM

Supported; fees not published in our sources

$1 + 0.65% per withdrawal

Network

Visa / Mastercard

Visa

Card type

Varies by region

Spend

Custody

Custodial

Self-custodial

Formats

virtual, physical

virtual

Apple / Google Pay

? / ?

Yes / Yes

India

Unclear

UAE

Unclear

Yes

United States

Yes

United Kingdom

Yes

EU / EEA

Yes

Countries

Bank account (IBAN or account number)

In your name

Send money to a bank account

7 currencies

Not confirmed

Buy and sell crypto with fiat

Buy and sell

Spend against crypto without selling

Yield on your balance

Yes

Tiers

Basic · Level Up (top tier)

Standard · Pro · VIP

Perks

Level Up membership benefits · Up to 5% back in CRO on the prepaid card · Higher APY on cash balances

Works on Arbitrum, Ethereum, Optimism and Polygon · 5% a year on your balance, up to $5,000, paid daily in USDe · 6% a year on your balance, up to $100,000, paid daily in USDe · 6% a year on your balance, up to $1,000,000, paid daily in USDe

Highlighted values are the better of the two. “Not published” means the issuer does not state it. Card data last checked 25 Oct 2026; see each card's review for its sources.

Questions

Which is better, Crypto.com Visa Card or Ethena Pay?

Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#1 and #21 of 26 cards). Ethena Pay also comes out ahead on cashback, a lower FX fee, more countries and control of your funds. The better card for you depends on where you live and how you spend; the G2M calculator works it out for your own spending.

Which has lower fees, Crypto.com Visa Card or Ethena Pay?

Neither card has an annual fee. Ethena Pay charges less on foreign currency: a 1% FX fee against 3%.

Which pays more cashback, Crypto.com Visa Card or Ethena Pay?

Ethena Pay pays 4% cashback on its entry tier; Crypto.com Visa Card does not publish a rate. Higher tiers go up to 6% on Crypto.com Visa Card and 5% on Ethena Pay.

Which works in more countries, Crypto.com Visa Card or Ethena Pay?

Ethena Pay lists 48 countries where it works; Crypto.com Visa Card does not publish a full country list (37 confirmed so far). Of the markets we check for every card, only Crypto.com Visa Card is confirmed in United States, United Kingdom and EU / EEA, and only Ethena Pay is confirmed in UAE.

Who holds my funds with Crypto.com Visa Card and Ethena Pay?

Crypto.com Visa Card is custodial; Ethena Pay is self-custodial.

More comparisons

Scores use the same rules for every card (how the score works). Referral links never change a score or rank. Not financial advice.