Made from precision-machined stainless steel and powered by Kraken’s multi-asset infrastructure, the Metal Card delivers a global, seamless spending experience in crypto and fiat, with industry-leading rewards built-in.
Built for global spending, built on multi-asset freedom
Powered by Mastercard’s global payments network, the Krak Metal card is accepted by millions of merchants around the world. Customers (at home or abroad) can effortlessly spend over 600 supported cryptocurrencies and fiat currencies, with no FX withdrawal or ATM withdrawal fees.
When you pay, Krak automatically handles the near-instant crypto-to-fiat conversion. Purchases are funded based on your chosen spending order, intelligently drawing and combining eligible balances as needed, while excluding any assets you have chosen to restrict.
There’s no need for manual conversions, eliminating friction at the point of sale and giving you full control over how your money is used.
Earn more every time you spend
Every purchase made with the Krak Metal card earns 2% cash back*, one of the most competitive rewards rates available on a global debit card. Cashback is applied automatically, so the value starts accumulating the moment you spend.
In the Krak app, customers benefit from real-time transaction alerts, instant card security checks and clear visibility into how balances are used, bringing transparency and confidence to every transaction.
A premium card that rewards loyalty
The Krak Metal Card complements Krak’s existing plastic and virtual debit cards as a premium option for customers who maintain larger balances in the Kraken ecosystem. Eligibility is available to customers who hold an average balance of £50,000 or €50,000 on Krak, Kraken and Kraken Pro.
Kamo Asatryan, Kraken Chief Data Officer and Global Head of Consumer Affairs: “Your money should grow automatically. We create effortless rewards with cash back that grow with you, setting a new standard for the global financial app for travel and everyday spending.”
Christian Rau, Mastercard Senior Vice President, Global Digital Marketing: “By deepening our partnership with Kraken with the launch of the Krak Metal Card, we are enabling more people to use crypto effortlessly in their daily lives, by connecting innovative digital solutions to the trusted global payments network they already rely on. »
Available now
The Krak Metal Debit Card is available today to eligible customers in the UK and EEA, directly in the Krak app. Over the coming months, Krak plans to expand availability and continue to improve the Metal offering to reward customers who choose Krak as their leading global currency app.
*The rate depends on the average assets held at Krak, Kraken and Kraken Pro. Geographic restrictions and General conditions apply. See Help Center for more information.
Geographic restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer. Please see our price list for more information. See Help Center to check your eligibility.
A variable spread applies when spending between assets. Third-party ATM fees may apply.
Spending cryptocurrencies may be a taxable event, as converting to fiat currency may create capital gains or losses. Cashback is generally not taxable. Consult a tax advisor tailored to your specific situation. Learn more.
No investment advice. Crypto trading involves risk of loss.
Mastercard® is a registered trademark of Mastercard International Incorporated. The card is issued by Monavate under license from Mastercard International Inc.
In the EU, Krak Card is issued by UAB Monavate, authorized by the Bank of Lithuania to carry out e-money activities and provide related payment services (authorization code: LB002139). The e-money wallet associated with the KrakCard is provided by Payward Ireland Limited, trading as Kraken, and is regulated by the Central Bank of Ireland.
Spot trading services are offered by Payward Europe Solutions Limited t/a Kraken, regulated by the Central Bank of Ireland. These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation.
In the United Kingdom, the Krak Card is issued by Monavate Limited, authorized by the Financial Conduct Authority to carry out electronic money activities and related payment services (FRN: 901097). Payward Services Limited is authorized by the Financial Conduct Authority to carry out electronic money activities and associated payment services under the Electronic Money Regulations 2011 (FRN: 1010381). Electronic money services are not subject to the protection of the financial services clearing system.
Cryptoasset exchange and custody services are offered by Payward Ltd, registered as a cryptoasset company with the Financial Conduct Authority (FRN: 928768). These services are not regulated and are not subject to the protection of the financial services clearing system. Note that the value of cryptoassets may increase or decrease and gains may be subject to capital gains tax. These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any specific trading strategy.
