Note: The Binance Card is no longer available. Binance accounts are unaffected and continue to operate as usual.
To allow greater access to your funds and a seamless experience when using the Binance Card (GCC), you can also use your Spot Wallet as a backup source of funding for Binance Card (GCC) transactions.
How does it work?
When your Funding Wallet balance is insufficient to pay for a transaction, the system will automatically use the funds from your Spot Wallet to pay for the full amount of the transaction. However, if your Spot Wallet balance is also insufficient, the transaction will be declined.
You can add, remove, or rearrange the order of the spending cryptocurrencies from [Card Dashboard] - [Payment Priority] - [Edit]. The system will follow the payment priority when you make a purchase with your Binance Card (GCC). Please note that you must have at least 6 cryptocurrencies in your Payment Priority list. A maximum of 11 cryptocurrencies can be selected.
If the BUSD balance in your Funding Wallet is sufficient, the purchase will be made solely by converting BUSD. If the balance is insufficient, the system will automatically check whether your BUSD and USDT balances can cover the purchase following the payment priority you set. For refunds and transaction reversals, the funds will be returned to your Funding Wallet in BUSD.
How do I enable/disable using Spot Wallet as a backup source of funding for the Binance Card (GCC)?
You can enable or disable this feature from your Card Dashboard. Please note that this feature is automatically enabled for all Binance Card (GCC) users.
1. Log in to your Binance account and navigate to the [Card Dashboard].
2. Click [Manage] - [Source of Funding] to enable or disable this feature.
This card is issued by Infinios Financial Services B.S.C. (c) pursuant to license by Mastercard. By using the card, the cardholder agrees to the terms and conditions under which it was issued. Infinios Financial Services B.S.C. (c) is licensed and regulated by the Central Bank of Bahrain as an Ancillary Services Provider: Payment Services Provider and Card Processor.