A FINMA-regulated, custodial Mastercard debit card with three tiers for spending 52 cryptocurrencies.
Swissquote Debit Mastercard is a crypto-enabled debit card managing digital and traditional currencies through Swiss banking infrastructure. Available in three tiers—Light (virtual), Bright (physical), and Elite (metal), the card allows spending from fiat or 52 cryptocurrencies, converting only the amount needed per transaction.
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European crypto investors needing a multi-currency IBAN with FINMA-regulated Swiss banking.
You are a US/Canadian resident or cannot meet the CHF 100,000 minimum for Elite.
The Swissquote Debit Mastercard is a debit card operating on the Mastercard network, issued by Swissquote. It is available in three tiers (Light, Bright, Elite) in both virtual and physical formats, depending on the tier. The card is available to residents of 35 countries, but excludes the US and Canada. The top Elite tier is restricted to Swiss residents with over CHF 100,000 in assets.
The card has a tiered fee structure. The Light tier is free. The Bright tier costs CHF 6.90/month (first 6 months free). The Elite tier costs CHF 39/month.
Transaction Fees:
The Swissquote card offers a tiered system with varying features:
Swissquote offers 'trading credits' instead of traditional cashback, with rates varying by card tier and payment type. Credits are uncapped. - **Light Tier**: 0.25% on regular payments, 0.5% on crypto payments. - **Bright Tier**: 0.5% on regular payments, 1% on crypto payments. - **Elite Tier**: 0.5% on regular payments, 1% on crypto payments. Additionally, the Elite tier offers 0.5% cashback in Gold (XAU) on all card payments, capped at CHF 25 worth of gold per month.
Available in 35 countries across Europe, Asia, and Middle East. Physical cards available to residents of select countries (Switzerland, Liechtenstein, Italy, Austria, France, Germany, UK, Cyprus, Spain, Malta, Monaco, UAE, South Africa, Greece, Belgium). Elite tier requires Swiss residency. Not available to US or Canadian residents.
Risk note. If Swissquote ceases operations, users may lose access to their funds.
Multi-currency IBAN supporting approximately 29 currencies. eBill integration for simplified bill payments.
Mixed feedback - some praise flexibility for Swiss banking services without residency requirements, others report disappointing experiences
European crypto investors who want to spend from their crypto holdings without fully liquidating positions, multi-currency travelers needing access to approximately 29 different currencies, and Swiss-resident high-net-worth individuals with at least CHF 100,000 in total Swissquote assets who can benefit from Elite tier benefits.
The Swissquote Debit Mastercard offers a compelling solution for users seeking to bridge traditional finance and cryptocurrency in a Swiss-regulated environment. Its tiered approach accommodates different user needs, from the free virtual Light card to the premium metal Elite card. The ability to spend from crypto holdings without fully liquidating positions addresses a key pain point for cryptocurrency investors. However, its geographic limitations and additional fees on crypto spending are notable drawbacks.
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