💳 Binance Card — What can it actually do?
The current Binance Card Global Program is essentially a crypto-funded Mastercard payment card: you hold eligible crypto in Binance, and when you pay, the selected crypto is automatically converted for settlement. Binance says it can be used at 90+ million online and offline Mastercard merchants where the program is available.
⚡ Main features
Spend crypto in everyday purchases 🔶 use eligible crypto from your Binance account rather than manually selling it before every purchase.
Automatic crypto conversion 🔶 you can set a payment-priority order for your cryptocurrencies; the card uses that order when paying.
Mastercard acceptance 🔶 usable at participating Mastercard merchants worldwide, subject to country and merchant restrictions.
Virtual card 🔶 the current Global Program supports a virtual card rather than a physical card.
Google Pay support 🔶 the virtual card can be added to Google Pay where supported.
Cashback 🔶 the current standard Global Program lists tiers of 0.5%, 1%, 1.5% and 2%, depending on monthly spending. The maximum standard cashback is 20 USDC/month.
No annual fee and no card-issuance fee under the published Global Program fee schedule.
👇
Crypto conversion fee generally 0.9%, while USDC has a lower stated conversion fee of 0.1% under the applicable schedule.
FX fees vary by jurisdiction, the published schedule currently shows different rates depending on the user’s country/program.
KYC-based limits, spending limits depend on your verification level, not simply the card type.
Security controls, card details and CVV are protected through Binance’s card dashboard and security verification.
The #Binance card “superpower”
The interesting part isn’t just the card itself:
Crypto → Binance Card → Mastercard merchant
Once you reach a higher tier, that rate applies retroactively to eligible spending during that month. Cashback is credited on the 10th of the following month, with a standard monthly cap of 20 USDC.
@CZ
#Binance
The current Binance Card Global Program is essentially a crypto-funded Mastercard payment card: you hold eligible crypto in Binance, and when you pay, the selected crypto is automatically converted for settlement. Binance says it can be used at 90+ million online and offline Mastercard merchants where the program is available.
⚡ Main features
Spend crypto in everyday purchases 🔶 use eligible crypto from your Binance account rather than manually selling it before every purchase.
Automatic crypto conversion 🔶 you can set a payment-priority order for your cryptocurrencies; the card uses that order when paying.
Mastercard acceptance 🔶 usable at participating Mastercard merchants worldwide, subject to country and merchant restrictions.
Virtual card 🔶 the current Global Program supports a virtual card rather than a physical card.
Google Pay support 🔶 the virtual card can be added to Google Pay where supported.
Cashback 🔶 the current standard Global Program lists tiers of 0.5%, 1%, 1.5% and 2%, depending on monthly spending. The maximum standard cashback is 20 USDC/month.
No annual fee and no card-issuance fee under the published Global Program fee schedule.
👇
Crypto conversion fee generally 0.9%, while USDC has a lower stated conversion fee of 0.1% under the applicable schedule.
FX fees vary by jurisdiction, the published schedule currently shows different rates depending on the user’s country/program.
KYC-based limits, spending limits depend on your verification level, not simply the card type.
Security controls, card details and CVV are protected through Binance’s card dashboard and security verification.
The #Binance card “superpower”
The interesting part isn’t just the card itself:
Crypto → Binance Card → Mastercard merchant
Once you reach a higher tier, that rate applies retroactively to eligible spending during that month. Cashback is credited on the 10th of the following month, with a standard monthly cap of 20 USDC.
@CZ
#Binance
