Our verdict
Best for: Self-custody users in Europe and APAC comfortable with a newer card
Cypher advertises up to 35% cashback but the realistic rate is ~2%, the headline requires specific conditions and the CYPR token rewards are subject to price volatility. Non-custodial via wallet connect, 1.75% FX markup. Available in US, UK, Europe, LatAm, APAC, and ME/Africa. The card is early and the token economics are complex. Treat the cashback as a bonus rather than a primary return.
Specifications
| Card network | Visa |
|---|---|
| Provider | Cypher HQ (Y Combinator + Coinbase Ventures backed) |
| Funding model | Self-custodial: funds stay in your wallet until spent |
| Settlement currency | USD |
| Available in | 160+ countries, 33 US states |
| Supported chains | 25+ chains incl. Ethereum, Solana, Cosmos, Tron, Optimism, Base, Polygon |
| Supported assets | 500+ tokens (BTC, ETH, USDC, USDT, SOL, etc.) |
| Issuance fee | $0 |
| Monthly fee | $0 |
| FX markup | 1.75% |
| ATM fee | 3% |
| Top-up fee | 0.5% |
| Foreign transaction fee | 1.75% |
| Cashback | Up to 35% in CYPR (realistic ~2%) |
| Daily spend limit | $50000 |
| Monthly spend limit | $150000 |
| Daily ATM limit | $500 |
| Last verified | 2026-04-30 |
What to watch out for
- Non-custodial via wallet connect
- CYPR token TGE Oct 2025
- 14-day epoch reward cycles
- veCYPR voting for emission direction
- Standard plan free virtual / Premium $199/yr metal physical card
- instant virtual after KYC
- supports cross-chain top-up from wallet directly
Editorial notes
- Standard fees: 0.5% USDC / 1% other tokens top-up, 1.75% FX, 3% ATM
- Premium: 0% USDC / 0.5% other / 1% FX (then 0%) / 2% ATM
- daily $50K standard / $200K premium spending
- daily $500 ATM
- Premium fraud protection up to $300
- Mastercard rebrand mentioned but Visa is primary
- some Asian users report fewer issues than US-state-restricted users
Frequently asked questions
Where is the Cypher Card available?
As of 2026-04-30, Cypher Card is available to residents of United States, United Kingdom, Europe, Latin America, Asia-Pacific, and Middle East & Africa. Specific country list: 160+ countries, 33 US states.
How does the Cypher Card cashback work?
Cypher Card offers up to 35% cashback paid in CYPR. Cashback in CYPR token (volatile). Standard 1x base rate; Premium 2x. Boosted merchants give 2-3x multipliers (specific brands). 35% is theoretical maximum for highly engaged users on top boosted brands; typical user earns much less. 14-day epoch distribution; veCYPR voting directs emissions to merchants. In practice, the realistic effective rate for most users is around 2%.
What are the fees on the Cypher Card?
Cypher Card has no issuance fee, no monthly fee, a 1.75% FX markup on non-settlement-currency spend. See the spec table above for ATM and top-up fees.
Is the Cypher Card self-custodial?
Yes. With Cypher Card, your funds remain in your own wallet until each transaction is authorised. The card provider does not hold your assets.
Last verified 2026-04-30. Rates and availability change frequently. Always confirm with the issuer before signing up. See our methodology for how we collect and verify this data.