Overview: The Bybit Card, powered by Mastercard, enables users to spend cryptocurrencies at any online or physical store accepting card payments and allows cash withdrawals directly from crypto accounts. It offers features like cashback, no maintenance fees, and dual versions (virtual and physical).
Requesting the Card:
- Open an Account: Sign up for a Bybit account and complete level 2 verification.
- Apply for the Card: Navigate to Bybit’s Finance > Card section or follow specific links provided.
- Physical Card: Request and receive it by mail within seven business days.
Activation Process:
- Scan QR Code: Found in the card’s packaging to proceed with the registration.
- Enter Required Codes: CVV, email verification code, and Google Authenticator code for activation.
- Enable Wireless Payments: Make an initial chip-and-PIN transaction.
Exclusive Offers:
- €5 activation bonus.
- €10 bonus after spending €120.
- Free card issuance and delivery.
- Crypto earnings up to 8% APY.
- Cashback up to 2% in points.
- Integration with Google Pay and soon Apple Pay.
Functionalities:
- Crypto Payments: Spend Bitcoin, Ethereum, Tether, USDC, and more at any Mastercard-accepting merchant.
- Savings Account Usage: Spend crypto while earning interest in savings accounts.
- Cashback Program: Earn points for every euro spent, convertible into USDT or redeemable for various products and services.
Loading and Using the Card: Deposit supported cryptocurrencies into your Bybit account. Purchase crypto via bank transfer or card payment if needed.
Limits and Fees:
- Daily spending limit: €5,000
- Monthly spending limit: €50,000
- Annual spending limit: €250,000
- Daily withdrawal limit: €2,000
- Monthly withdrawal limit: €10,000
- Annual withdrawal limit: ¥75,000
- Fees apply for currency exchanges and withdrawals.