Non-custodial Visa credit card that borrows against yield-bearing crypto like ETH on the Scroll network.
Ether.fi Cash is a non-custodial Visa credit card for DeFi users seeking spending power without selling crypto. Users can borrow against ETH, eETH, USDC, or USDT, earn yield, and spend globally at Visa locations. The card runs on the Scroll network, offers gasless transactions, and integrates with Apple Pay and Google Pay.
Affiliate link — CoinsOnCards may earn a commission. Reviews are independent. How we rate.
DeFi users spending against yield-bearing ETH/eETH on Scroll without selling.
You need a card without full KYC or live in a restricted region.
The Ether.fi Cash Card is a DeFi-powered Visa credit card that allows users to spend against their crypto holdings without selling or transferring assets. It functions through a unique "borrow-on-swipe" model where users can either directly spend stablecoins from their wallet or borrow against their yield-bearing collateral. The card operates on a non-custodial basis, meaning users maintain full control of their crypto assets in their own Gnosis Safe wallet. Transactions settle on the Scroll Layer-2 network, providing faster and more cost-effective processing than traditional Ethereum mainnet transactions.
The Ether.fi Cash Card maintains a competitive fee structure with no annual fees across all membership tiers. Core tier members are required to pay a refundable $40 deposit for their physical card, which is automatically refunded if they upgrade to Luxe tier within 12 months.
Fee Type | Amount --- | --- Club Membership Fee | Free (tiers earned through loyalty points) Core Physical Card Deposit | $40 (refundable if upgrade to Luxe within 12 months) Additional Physical Cards | $20 each (beyond free allocation per tier) Additional Virtual Cards | $0.20 each (beyond free allocation per tier) Foreign Exchange Fee | 1% on non-USD transactions ATM Withdrawal | Standard ATM and network fees may apply Interest on Borrowing | 4% APY (compounds continuously)
Non-custodial design allows spending against crypto holdings without transferring assets Operates on Scroll L2 network with gasless transactions and smart contract infrastructure Tiered membership (Core, Luxe, Pinnacle, VIP) with increasing benefits and rewards Compatible with Apple Pay and Google Pay for contactless payments Integration with broader Ether.fi ecosystem (staking, yield farming) Can automatically direct staking rewards to cover card balances Physical and virtual cards available Visa Signature benefits including purchase protection and extended warranty Airport lounge access via Visa Airport Companion program
| Tier | Rate | Up to |
|---|---|---|
| Core | 3% | $2,000 |
| Core | 1% | $3,000 |
| Core | 0.50% | — |
| Luxe | 3% | $10,000 |
| Luxe | 1% | $20,000 |
| Luxe | 0.50% | — |
| Pinnacle | 3% | $50,000 |
| Pinnacle | 1% | $80,000 |
| Pinnacle | 0.50% | — |
| VIP | 4% | $50,000 |
| VIP | 2% | $80,000 |
| VIP | 1% | — |
Available in 175 countries. Restricted in 20 countries. US: Partial availability (30 states). Key regions missing: Netherlands, South Korea, Hong Kong, India, Turkey. US states not available: Arizona, Delaware, Georgia, Idaho, Louisiana, Maryland, Missouri, Montana, Nevada, New Mexico, North Dakota, Ohio, Oregon, Rhode Island, South Dakota, Utah, Vermont, Washington, Wisconsin, Wyoming.
Risk note. If provider disappears, user retains access to unspent/uncollateralized assets; collateral may be affected if tied to platform smart contracts.
Borrow Mode - automatically borrow USDC against collateral at point of purchase
No late fees or required minimum payments. Interest accrues immediately with no grace period. Collateralized debt position model with dynamic collateral ratio based on asset volatility.
Global wire transfers available. Fiat↔Crypto transfers with tiered limits and fees.
Positive reception of non-custodial model and high cashback rates; appreciation for free Club membership with tier progression; initial learning curve for collateral management
DeFi enthusiasts who want to leverage crypto holdings without disrupting investment strategy, Ethereum stakers using eETH or liquid staking tokens, crypto yield farmers maintaining exposure to yield-generating positions, and high-net-worth crypto investors needing significant spending capacity without liquidating digital assets.
The Ether.fi Cash Card represents a significant innovation in bridging decentralized finance with everyday spending. Its non-custodial approach sets it apart, allowing users to maintain full ownership of their assets while accessing their value for purchases. The card's integration with Ether.fi's broader ecosystem provides unique synergies for users already engaged in staking or yield farming. While it requires active collateral management and has geographic limitations, it offers a powerful tool to leverage digital asset holdings without sacrificing ownership or yield potential.
We may earn a commission if you apply through this link. Our reviews remain independent.
Visit official site