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Ethena Pay vs Kite Card

Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#2 and #24 of 31 cards). Ethena Pay also comes out ahead on cashback, a lower FX fee and more countries.

Ethena Pay83

#2 of 31 · 4% to 5% back · annual fee none

Get EthenaRead the review
Kite Card49

#24 of 31 · 0% to 5% back · annual fee none

Get KiteRead the review

The short answer

  • Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#2 and #24 of 31 cards).
  • Ethena Pay pays more cashback on its entry tier: 4% against 0%. Higher tiers go up to 5% on Ethena Pay and 5% on Kite Card.
  • Neither card has an annual fee.
  • Ethena Pay charges less on foreign currency: a 1% FX fee against 1.8%.
  • Ethena Pay is confirmed in more countries: 48 against 9. Of the markets we check for every card, only Ethena Pay is confirmed in UAE.
  • Both are 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

Detail
Ethena Pay
Kite Card
G2M score
83 (better)
49
Base cashback
4% (better)
0%
Max cashback
5%
5%
Paid in
AVAX, daily
USD
Annual fee
Free
Free
FX fee
1% (better)
1.8%
Top-up fee
0% (better)
0.53%
Per-purchase fee
None listed
None listed
ATM
$1 + 0.65% per withdrawal
Coming soon
Network
Visa
Visa
Card type
Spend
Prepaid
Custody
Self-custodial
Self-custodial
Formats
virtual
virtual
Apple / Google Pay
Yes / Yes
Yes / Yes
India
No
No
UAE
Yes
No
United States
No
No
United Kingdom
No
No
EU / EEA
No
No
Countries
48
9
Bank account (IBAN or account number)
In your name
In your name
Send money to a bank account
Not confirmed
17 currencies
Buy and sell crypto with fiat
Buy and sell
Buy and sell
Spend against crypto without selling
No
Not confirmed
Yield on your balance
Yes
Not confirmed
Tiers
Standard · Pro · VIP
Kite Card
Perks
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
Non-custodial Kite wallet · USD account to receive ACH and wires · Cash out to banks in 17 countries · 5% back on Grab, Travala, streaming, AI and creator subscriptions and Starlink until 30 Nov 2026 (no cap)

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, Ethena Pay or Kite Card?

Ethena Pay scores higher on the G2M score: 83/100 against 49/100 (#2 and #24 of 31 cards). Ethena Pay also comes out ahead on cashback, a lower FX fee and more countries. 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, Ethena Pay or Kite Card?

Neither card has an annual fee. Ethena Pay charges less on foreign currency: a 1% FX fee against 1.8%.

Which pays more cashback, Ethena Pay or Kite Card?

Ethena Pay pays more cashback on its entry tier: 4% against 0%. Higher tiers go up to 5% on Ethena Pay and 5% on Kite Card.

Which works in more countries, Ethena Pay or Kite Card?

Ethena Pay is confirmed in more countries: 48 against 9. Of the markets we check for every card, only Ethena Pay is confirmed in UAE.

Who holds my funds with Ethena Pay and Kite Card?

Both are 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.