Krak
Kraken's money app with a no-fee Mastercard and balance-tiered cashback up to 2%.
Krak is Kraken's consumer money app, and the Krak Card is a Mastercard debit card (virtual, physical, and a top-tier Metal card) that spends from 600+ fiat and crypto currencies with no transaction, FX, ATM or monthly fees. Cashback scales from 0% to 2% by a rolling 30-day average balance held across Krak, Kraken and Kraken Pro, paid in local currency or Bitcoin. Available to UK and EEA residents.
Referral disclosure: no referral link is currently used for this card.
01
Availability
Provider eligibility can depend on residence, citizenship, and account-specific checks.
Regions
Countries
Excluded countries
US person support
02
Funding compatibility
Assets and networks listed by the provider for funding or spending.
Supported assets
Supported chains
03
Top-up options
How funds may reach the card balance, including supported currencies, stablecoins, and networks.
Top-up methods
Supported currencies
Supported stablecoins
Top-up chains
Notes
04
Card tiers
Fees, commitments, network tier, and reward categories can differ within one card program.
Starter
Mastercard Standard
Requirement summary
Free tier. No monthly fee or lockup listed.
Costs and access
Monthly fee
Issuance fee
Token lockup
Lockup amount
Subscription
Minimum balance
Rewards
Base cashback
Cashback cap
General cashback
0%Cap: No monthly caps or earning limits stated by Kraken support.
Conditions: Rate depends on rolling 30-day average account balance and eligible purchases.
Cashback programs
Krak Rewards cashback
General cashback · Reward asset: fiat
Value basis: unknown · Calculation: marginal
Merchant categories: Eligible Krak Card purchases.
Eligible spend: Cashback tier is based on rolling 30-day average account balance across Krak, Kraken and Kraken Pro.
Exclusions: ATM withdrawals, refunds, reversals, chargebacks, transactions under GBP/EUR 0.49, and non-purchase transactions are excluded.
| Band | Cashback | Spend from | Spend to | Period | Cap | Conditions |
|---|---|---|---|---|---|---|
| Starter reward tier | 0% | 0 | No stated limit | transaction | Unknown / needs verification | Rate depends on selected Krak Rewards tier and is assessed at merchant settlement. |
Cap: No monthly caps or earning limits stated by Kraken support.
Conditions: Cashback can be paid in card primary currency GBP/EUR or BTC; this estimate treats the fiat payout option as cash-equivalent.
Confidence: high
Last verified: 2026-06-27
Source: Open reward source
Cash-equivalent benefits
Caveats
Issuance fee needs verification.
Tier availability or benefits may vary by region.
05
Fees
Unknown values remain visible and should be checked against current provider terms.
Monthly fee
Issuance fee
FX fee
Crypto conversion fee
ATM fee note
06
Features
Card format and wallet support can vary across regions and devices.
Virtual card
Physical card
Apple Pay
Google Pay
ATM withdrawals
07
Program-level rewards
These high-level notes supplement the tier-specific reward details above.
Cashback
Reward asset
Lockup requirement
Reward cap
Notes
08
Data sources
Use primary provider pages to verify the latest eligibility, pricing, and reward terms.
Official link
Fees link
Eligibility link
Rewards link
Last verified date
Source quality
Keep the data honest
Report outdated information
Send the corrected claim and a primary provider source for editorial review.
Information only. Always verify terms before applying.