The Krak Card pays up to 2% cashback in Euro on every spend, with your rates scaling depending on your cumulative account balances across Krak, Kraken and Kraken Pro.
No need to collect points, set categories or activate offers. Simply use your card at any of the 110m+ merchants globally to earn instant cashback in your local currency — with no upper limit.
Forget paid tiers and subscription fees. Your Krak Card is free and your cashback earnings are uncapped.
The rate itself is determined by the balances you hold across Krak, Kraken and Kraken Pro:
| Tier | 30-day average held (Euro) | Cashback rate |
|---|---|---|
| Tier 1 | ≥50,000 | 2% |
| Tier 2 | ≥10,000 | 1.5% |
| Tier 3 | ≥1,000 | 1% |
| Tier 4 | <1,000 | 0.5% |
Your rate adjusts based on a rolling 30-day average of your balances. Crucially, you don’t need to worry about locking up funds for them to count towards your tiers — they remain fully spendable, and can be withdrawn at any time.
Use the Krak Card for your everyday spends and watch the rewards stream in.
| With a monthly spend of... | You earn an additional... | Annually, that's... |
|---|---|---|
| €1,000 | €20 | €240 |
| €2,000 | €40 | €480 |
| €3,000 | €60 | €720 |
| €5,000 | €100 | €1,200 |
| €10,000 | €200 | €2,400 |
Groceries, bills, travel — wherever you’re spending, you’re getting rewarded for it.
Krak Card beats every major offering in the market — offering unmatched, tangible and instant rewards on your everyday spending.
When it comes to cashback offers, none come close to Krak. While Chase is the closest competitor (the only one paying real currency), it covers only a limited number of spending categories. Even then, it caps at €15/mo — a number earned with a mere €750 spend on Krak’s highest cashback tier.
Points can lose value, expire and lock you into the issuer’s closed ecosystem (though they can sometimes be swapped for other points). Additionally, they require further steps on your part to become usable — i.e., via a portal where you can redeem them or cash them out.
With Krak, you get your rewards in the most usable form possible: they’re credited straight to your account, ready to spend, save or invest however you choose.
Krak debit card is issued by Lead Bank pursuant to a license from Visa U.S.A. Inc. Krak is a financial technology company, not a bank. Account balances are not FDIC- or SIPC-insured. Digital assets converted to USD at purchase; values may fluctuate. Available to eligible U.S. residents only; not available in all states. See terms.
