Bybit Card
score
Fees: Low issuance/spending cost; competitive FX in eligible regions
A fit for existing Bybit traders in supported regions who want cashback fed straight from their exchange balance. The major caveat is the exchange's 2025 breach; keep only spending funds on the platform. Not financial advice.
What the Bybit Card is The Bybit Card, launched in 2023, is a payment card tied to the Bybit exchange account. It draws funds straight from your exchange balance, converts crypto for spending, and pays cashback fed directly from that balance. It is designed for people already trading on Bybit in supported regions who want a low-friction way to spend without moving assets off the platform.
How it performs on the criteria The card scores 6.7 overall, with genuinely strong everyday numbers pulled down by one serious weakness. Top-up & UX (7.5) reflects a responsive, well-built app, and Fees & FX and Rewards both score 7 for low spending costs and attractive cashback tiers. The drag is Security at 5.5 alongside Coverage & availability at 6, and those two figures are where the caution lies.
What it costs you Everyday economics are a strength. Issuance and spending costs are low, and foreign exchange is competitive in eligible regions, which is why the card spends cheaply for supported users. Reward levels, however, move with promotional cycles, so the cashback tier you sign up under may not be permanent. Read the current promotion terms rather than assuming an advertised rate persists.
The main caveat The overriding concern is security. In early 2025 Bybit suffered a roughly $1.5B Ethereum cold-wallet exploit, reportedly through a compromised multisig signing interface, one of the largest exchange incidents on record. That is a serious mark against holding significant funds on the platform. Coverage is also limited to select regions and excludes the US, narrowing who can use the card at all.
Who it's for The Bybit Card makes sense for existing Bybit traders in supported regions who want cashback drawn from their exchange balance and cheap everyday spending. Given the 2025 breach, the sensible approach is to keep only your spending funds on the platform rather than a large balance. Not financial advice.
Overall 6.7 / 10 — the weighted average of the criteria above. How we score →
- + Attractive cashback tiers and low everyday spending costs
- + Tight integration with a large exchange account for instant funding
- + Responsive, well-built mobile experience
- − Bybit suffered a roughly $1.5B Ethereum cold-wallet exploit in early 2025 (via a compromised multisig signing interface), a serious security mark
- − Availability limited to select regions and excludes the US
- − Reward levels can change with promotional cycles
Is the Bybit Card safe?
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Security is its weakest area at 5.5. Bybit suffered a roughly $1.5B Ethereum cold-wallet exploit in early 2025 via a compromised signing interface. The card itself functions, but we suggest keeping only spending funds on the platform rather than large balances.
What are the Bybit Card's fees?
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Issuance and spending costs are low, and foreign exchange is competitive in eligible regions, giving it a Fees & FX score of 7. It is one of the cheaper cards to spend with for users in supported markets.
Where is the Bybit Card available?
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Availability is limited to select regions and excludes the US, which is why coverage scores 6. Check whether your country is supported in the Bybit app before relying on it.
How much cashback does the Bybit Card give?
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It offers attractive cashback tiers and scores 7 on rewards, funded directly from your exchange balance. Reward levels can change with promotional cycles, so confirm the current terms rather than assuming an advertised rate is fixed.
Is the Bybit Card good for existing Bybit users?
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For traders already on Bybit in supported regions, it offers tight integration, instant funding and low spending costs. The main reason for caution is the 2025 security breach, so manage how much you keep on the platform.