A Mastercard from a Spanish crypto exchange: generous cashback, unclear fees

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

If you have hit a wall with an ordinary bank card — a rejection at the branch, a closed account, a form that would not upload — the Bit2Me card is exactly the kind of thing people end up looking at. Bit2Me is a Spanish crypto exchange, and it sells a Mastercard that spends straight from your crypto balance or from a euro wallet inside the app. On paper it looks generous: no maintenance fee, cashback up to 7%, Apple Pay and Google Pay, cash out at ATMs around the clock. Underneath, though, several of the numbers you would need to make a decision are not on the card’s own pages. Who is eligible, what the conversion actually costs, what the daily limits are — none of that is stated publicly. You will be relying on other people’s write-ups, which is exactly what I did when scoring this.

I gave it 6.8 out of 10. That is a middle-of-the-road score for a card that is genuinely strong at the one thing it is good at — spending — and genuinely murky about everything that happens before and after the spending.

The conditions described below are current as of October 28, 2026.

Verdict: 6.8 / 10, Built for EU Residents Who Want a Mastercard With Real Cashback

The short version: this is a solid everyday spending card if you live in a supported European country, already have a verified Bit2Me account, and are happy to hold a balance in the app. It is a poor choice if your main question is “what will this cost me exactly,” because the honest answer is that the card’s public pages do not say.

Everyday use is where it shines, and it is not a close contest — 9 out of 10. Physical, virtual, or both, on the Mastercard network, accepted anywhere Mastercard is accepted, with Apple Pay, Google Pay and 24/7 ATM withdrawals. Cost comes second at 7 out of 10, which sounds generous until you notice why: the free maintenance fee is confirmed by the card itself, while the numbers people actually care about — what a crypto-funded purchase costs, what a foreign-currency SEPA transfer costs — come from third parties and not from Bit2Me.

The audience is fairly narrow and worth saying plainly. This suits EU residents who want a Mastercard with high cashback, and specifically people who want cashback paid in a crypto token rather than euros. It does not suit anyone who needs to know the FX rate before they swipe, anyone outside the covered region, or anyone planning to live primarily on crypto withdrawals.

Where it loses ground is eligibility. A 5 out of 10 for “who can get it” is not a criticism of the card’s strictness — it is a mark against the transparency. You should not apply on the strength of a blog post and hope.

Will They Give You the Card?

The card’s own pages do not list a single eligible country, and they do not say whether the test is citizenship or residence. That is not stated anywhere publicly.

I want to be careful here, because this is the single biggest practical question and it is the one the card leaves blank. Everything below comes from third-party sites, not from Bit2Me, and none of it is confirmed by the company.

Notice the contradiction between Ireland in one source and Ireland allowed in another. That is what unofficial information looks like: two informed people, two answers. If you are in Ireland, or anywhere near the edges of the covered area, the only reliable test is to ask Bit2Me directly before you move money.

Sanctions-linked countries appear in the restricted lists, and those restrictions are legal rather than discretionary. Nobody is offering a way around that, and there isn’t one worth looking for.

How to Get It

You need a Bit2Me account, and the verification process is not described on the official pages I read — not stated.

What is confirmed: you choose a physical card, a virtual card, or both, on the Mastercard network, usable at any online or physical store that takes Mastercard. The card currency is not stated. Shipping countries, delivery time and delivery cost are not stated on the card page.

What third parties report, again unconfirmed: a registered and verified Bit2Me account, with tax residence in a supported country. The base tier is said to need a government photo ID plus a liveness check, with proof of address at higher tiers. Several users report being asked for extra documents and put through manual reviews. That last point matters more than it sounds — a manual review is a delay you cannot plan around, so do not treat the card as something you will have the same week you apply.

The one structural thing you can check yourself is whether you need a physical card, a virtual one, or both, since that choice is confirmed and determines whether you are waiting on post at all. A virtual card solves the “I need to pay online tonight” problem; the physical one solves everything else.

Fees: What It Really Costs

Maintenance is free — that is confirmed in the card’s own words: “Don’t pay anything for the maintenance of your virtual or physical cards.” Everything else below is unofficial.

I want to be blunt about the structure of this table. One row is a fact. The rest are figures that circulate on third-party sites and that Bit2Me does not publish on the card page. Issuance fee: not stated. Conversion and FX fees: not stated. ATM fee and free allowance: not stated. Daily and monthly limits: not stated. Treat the unofficial rows as the best available picture, not as terms you can rely on in a dispute.

One source contradicts another on ATM limits, reporting €3,000/day and 5/day; these are unofficial and not confirmed by the card, so either there are two ATM configurations or one of the numbers is wrong. Ask before you rely on it.

Now three everyday payments, with the fee that applies to each. These are my own illustrations of how the unofficial numbers stack up, not quotes from Bit2Me.

A €30 grocery shop paid from your euro wallet. At 0%, the whole €30 goes to the shop. This is the cleanest case and the one the card is quietly built for.

The same €30 shop paid from crypto. At 0.95%, the conversion takes about €0.29, so roughly €29.71 reaches the shop. On a small purchase that is enough to feel. One Trustpilot complaint in July 2026 specifically mentions high fees on a small purchase, which suggests this is not theoretical.

A €40 subscription paid from a non-euro balance. At 1.75% for a SEPA payment in another currency, the cost is about €0.70; at 2% for other foreign currency, about €0.80. Any recurring charge you pay in dollars will cost you noticeably more than one paid in euros.

Two more things that shape your bill without appearing on this table. Cashback depends on your tier, and the card page names no tiers at all — just that benefits depend on your tier. And cash is expensive to use outside the euro area: €2.50 in the Eurozone, €0.55 plus 1% outside it (as reported by third-party sources; these figures are unofficial and not confirmed by the card).

How to Top It Up

“Dozens of currencies,” you choose which wallet pays, and you can optionally link a stablecoin. The full coin list lives on the support site, not on the card page.

That is the whole confirmed picture, and it is more useful than it sounds: the choice of which wallet pays is the central mechanic. You convert into a euro balance and spend at 0%, or you spend directly from crypto at 0.95%. Same swipe, different cost, your decision at the moment of paying. Very few cards in this category let you make that call per transaction.

The card page also says “Pay in euros without any commission.” What is not stated: the deposit fee, the minimum top-up, and the network fees. That last one is worth understanding rather than glossing over. Blockchain transfers are charged by the blockchain, not by the card company, so sending funds costs you a network fee on top of anything Bit2Me charges. Worse, transfers are irreversible: a deposit sent on a network the provider does not support, or to an address belonging to a different network, can be lost outright or need manual support recovery with no guarantee of success.

So the top-up is where this card’s cleverness and its sharpest edge sit. A stablecoin on a major chain is straightforward. A token on the wrong chain is a support ticket, at best.

Balancing your balance out, and closing an account, is not stated on the card page at all. Cash withdrawal 24/7 is offered; the rest of the exit route is undocumented here.

Paying With It Every Day

This is the strongest part of the card, and the reason it scores 9 out of 10 for everyday use.

You get Apple Pay and Google Pay compatibility, and Mastercard acceptance everywhere Mastercard goes. Blocked merchant categories are not stated on the page — though if you are thinking about casinos or betting, see the cashback section below.

On rewards, the card’s own language is “We refund up to 7%* on all your purchases,” with “up to 39% cashback” quoted when combined with other products, up to 7% yield on purchases when a stablecoin is linked, and up to +25% extra with Bit2Me Life at 10 or more merchants. The asterisk is doing real work there. The payout currency and the conditions behind “up to” are not stated on the page.

The unofficial tier picture is where this gets interesting: a points system called Space Center, levels 0 through 7. Level 0 pays 0% cashback; level 1 pays 0.25% capped at €7.50 a month; level 2 pays 0.5% capped at €15; level 3 pays 1% capped at €30; level 4 pays 2% capped at €100; level 5 pays 3% capped at €175; level 6 pays 5% capped at €250; and level 7 pays 7% capped at €300, which needs 9,000 points. Two details decide whether any of this touches you: cashback is paid in B2M, the exchange’s own token, not in euros; and it is not paid on euro-wallet purchases. Excluded categories include casinos, lotteries and betting. So the headline 7% applies to crypto-funded spending at the top level, in a token whose price moves.

All unofficial. The app runs on iOS, iPad, Mac (M1 and later) and Android; the App Store listing in Spain showed 4.5/5 from about 3.8K ratings when read on 20 October 2026, and the Google Play rating was not read.

Disputes and chargebacks: not stated. That is a gap worth sitting with. If a payment goes wrong, the card page gives you no procedure to follow.

What Can Go Wrong

The recurring theme in user complaints is not fraud or hacking — it is the account being frozen while support takes its time. That is a different risk, and in some ways a harder one to plan around.

Trustpilot, for Bit2Me overall rather than the card specifically, sits at 3.9/5 from 2,484 reviews as of 20 October 2026. Twenty-six percent are one-star. The company replies to 97% of negative reviews, and many reviewers praise support, particularly phone and WhatsApp between May and August 2026. No Reddit threads were found, and no official incidents — which is worth saying, because for a card that touches your money, an absence of documented scandals is a genuine positive.

The complaints themselves cluster into four groups:

• Transfers and withdrawals held under review, reported in July and April 2026.
• Account lockouts, and in one case a reported hack with unanswered calls, from March to April 2026.
• Slow support, from February to April 2026 — and note that this sits alongside the praise for phone support, which means the experience varies by channel.
• High fees on a small purchase, July 2026, which is the 0.95% crypto conversion showing up in a complaint.

Earlier figures for the same Trustpilot listing read around 3.8 from about 2,300 reviews; one one-star review from May 2025 describes an account locked with funds held for over a year, and Bit2Me replied that it prioritises security. I found no card-specific complaints, which is itself useful — it suggests the card is not where the friction lives.

Behind the complaints is a structure worth understanding. The card and payment account are issued and managed by PECUNIA CARDS EDE, S.L.U., an electronic money institution supervised by the Bank of Spain, trading as PECUNPAY. Bit2Me itself holds MiCA authorisation from CNMV — press coverage calls it the first Spanish platform to get it, with a registry date of 2025-10-31, though press dates conflict. Bankinter joined the capital in a EUR 30 million round with a minority Tether stake.

That split matters in practice. It means the card sits under e-money regulation rather than ordinary banking, which brings the EU’s habit of closing accounts that cannot complete due diligence — the legal reason behind those freezes, not incompetence on anyone’s part. Funds held by an electronic money institution must be safeguarded, segregated or insured, but that is not the same as a bank deposit and may not sit inside a deposit guarantee scheme. On custody, freezing, two-factor authentication and insurance: not stated on the card page, which does link to a security page I did not read.

What to Take Instead

If your problem is that you cannot get an ordinary bank card, alternatives exist, and it is worth comparing them on the published terms rather than on vibes. Two of them have better-documented eligibility rules than this card does.

Two contrasts stand out. The International Visa Card’s eligibility list is long but explicit, and it operates by residence or legal registration rather than citizenship — purchases are also blocked in North Korea, Cuba, Iran, Russia, Syria, Ukraine and Venezuela. It funds from USDC or USDT into a USD account, free at 1:1, and also takes USD, EUR, SEPA, SWIFT and FedNow deposits; networks are not stated. It offers no cashback.

UNi Card is the one to watch if fees are your main worry: “No annual fee or foreign transaction fee,” assets converted at live OTC rates, “No hidden exchange fees,” and spend-to-earn rewards up to 3%. Its weakness is that eligibility, card type and funding are all not stated — you are trading transparency about access for transparency about cost.

Whop Cards score lowest at 5.2, largely on the strength of their geographic reach: 31 US states for consumers and 41 for businesses, which is a non-starter for most of the world. They spend from a Whop balance, where a pending balance becomes usable as soon as a payment arrives and standard withdrawals use settled funds; starting data is backed by stablecoin collateral from a linked wallet, with coins and networks not stated.

Who I Would Recommend It To

If you live in a covered European country, already hold crypto you would rather spend than sell, and want cashback in a token rather than euros, this card does its job well and does it cheaply at the point of sale. The 9 out of 10 for everyday use is not generosity; it is the simple fact that the card works everywhere Mastercard works, with the two mobile wallets you already use.

I would steer you elsewhere if you are outside the covered countries, if you are in the United States, Canada, Ireland or Japan, or if you need to know a fee to three decimal places before committing to a purchase. I would also think twice if your priority is getting your money out — the complaint pattern around held withdrawals and frozen accounts is the weakest part of the picture, and exit routes are not documented on the card page. And if you plan to live on cash withdrawals, note that the Eurozone charge and the outside-Eurozone charge are where this card quietly stops being cheap.

My honest summary: this is a spending card with a crypto wallet attached, not a bank account. Use it for the part it does well, keep the balance you can afford to have tied up inside it, and check the fees on the support site before you commit.

Frequently asked questions

What is the Bit2Me card?

It is a Mastercard that spends from your Bit2Me balance — either from crypto directly, or from a euro wallet inside the app. You can choose physical, virtual, or both. The card and payment account are issued and managed by PECUNIA CARDS EDE, S.L.U., an e-money institution supervised by the Bank of Spain, while Bit2Me itself is the crypto platform on the front end.

How does the Bit2Me card work?

You load a balance, then swipe. The difference from an ordinary card is who pays: you choose per payment whether the crypto wallet or the euro wallet covers it. Euro-wallet spending is said to cost 0% and crypto-funded spending 0.95%, though those figures come from third parties. The card page itself publishes no conversion or FX fees.

Is Bit2Me a bank?

No. The card comes from an electronic money institution, PECUNIA CARDS EDE, S.L.U. (PECUNPAY), supervised by the Bank of Spain, and Bit2Me holds a MiCA authorisation from CNMV. An e-money institution can issue cards and wallets but cannot lend, and customer funds must be safeguarded rather than held as ordinary deposits — which is not the same as deposit guarantee protection.

Who owns Bit2Me?

Bit2Me is a private Spanish company that raised a EUR 30 million round with Bankinter joining the capital and Tether taking a minority stake. Its crypto side holds MiCA authorisation from CNMV, which press coverage describes as the first granted to a Spanish platform, with a registry date of 2025-10-31.

Does the Bit2Me card require KYC?

Unofficially, yes — a registered and verified Bit2Me account with tax residence in a supported country. The base tier reportedly needs a government photo ID and a liveness check, with proof of address at higher tiers, and users report extra document requests and manual reviews. The card’s own pages do not state the verification requirements, and this is not stated.

Is the Bit2Me card free?

Maintenance is free, confirmed in the card’s own words: no maintenance fee for virtual or physical cards. Issuance is another matter: third-party sources put the virtual card at €0 and the physical card at €20 on levels 0–2, dropping to €10, €5 and then €0 as you climb, plus €5 delivery outside Spain. Issuance fees are not stated officially.

How do I top up the Bit2Me card?

The card page says “Dozens of currencies” and that you choose which wallet pays, and you can optionally link a stablecoin. It also says “Pay in euros without any commission.” The deposit fee, minimum top-up and network fees are not stated, and blockchain transfers are charged by the network — so pick the chain carefully, since a wrong-network transfer is usually irreversible.

Is the Bit2Me card safe?

It is supervised, and that counts for something: a Bank of Spain-supervised issuer plus a MiCA-authorised platform. But the complaint record is the honest counterweight — Trustpilot shows 3.9/5 from 2,484 reviews, with recurring complaints about withdrawals held under review, account lockouts and slow support. Many reviewers praise phone and WhatsApp support, and I found no official incidents.

Is the Bit2Me card worth it?

For an EU resident spending crypto daily, probably yes: no maintenance fee, up to 7% cashback paid in B2M at the top tier, and Mastercard acceptance everywhere. For anyone who needs predictable fees, guaranteed access to their balance, or a card outside Europe, no — eligibility is not published, cashback excludes euro-wallet purchases, and complaints centre on frozen accounts and delayed withdrawals.

Can I add the Bit2Me card to Apple Wallet?

The card page states compatibility with Apple Pay and Google Pay, so a tokenised mobile wallet is supported. That means you can pay by phone without handling the physical card. Note that the issuer can restrict a tokenised number — for example blocking it on magnetic stripe, phone or website use — so if a phone payment is ever declined, the physical card is the fallback to try.

Content created by the «cryptocardcheck» team