What is the Wirex Debit Card?
Wirex is a debit card that lets you spend US Dollars and over 20 cryptocurrencies while earning rewards in the form of crypto. It’s like having your very own tokenized bank account without all those pesky fees!
About the Card
How to sign up: Wirex is the best way to get access your money anywhere, anytime. Their hassle-free platform makes it super easy for you with no long waiting periods or complicated steps! Just create an account on their website, then add funds from any of the supported banks in order receive your debit card by mail within 1-2 weeks – all completely free of charge.
Rewards: Wirex calls its rewards system Cryptoback. With Cryptoback, you can earn up to 8% cash back on purchases. To achieve this high percentage of rewards, you must upgrade to a better plan; however, with just the standard plan, you’ll earn 2% cash back.
Fees: Wirex has no annual or account fees unless you decide to upgrade your account. When exchanging crypto into fiat or fiat into crypto, there are some fees that apply. When transferring crypto to external accounts, blockchain fees apply. Lastly, there may be some ATM fees that apply.
Limit: With the Wirex Debit Card, you can spend up to $4000 per day, and $10,000 per month. You may withdraw $500 per day or a maximum of $2000 per month.
Versatility: Through Wirex, you can transfer over 20 plus cryptocurrencies into fiat. Here’s a list of cryptocurrencies that Wirex supports. Also, Wirex is a Visa card which makes it widely accepted.
App: You can manage your spending through Wirex’s app or website. You can also exchange and transfer currencies through both platforms.
Overall Review
Wirex boasts strong user-friendliness with the ease of crypto exchange. Wirex is also a great choice for the individual looking to use a crypto reward earning card with low fees and wide versatility. Although you have to purchase an additional upgrade plan to activate higher rewards, Wirex is still a strong choice. If you’re wondering about other options for crypto cards check out our post, “Which Crypto Credit Card is Best?“
