The Bitpanda Card is setting new paradigms for how we think about spending our investments, particularly in the world of cryptocurrency and precious metals. But what exactly is the Bitpanda Card, and why is it creating waves in the finance industry?

Get your Bitpanda Debit Card

What is the Bitpanda Card and its Unique Benefits?

Bitpanda Card is not just another plastic in your wallet. It’s a bridge between your digital assets and everyday spending. Its primary benefits include:

Universal Spending:
Whether you want to use cryptocurrency wallets, metals wallets, Bitpanda Stocks, or the EUR wallet, the card has you covered.
Global Reach:
A morning coffee in Paris or a sushi dinner in Tokyo, the Bitpanda Card facilitates payments in shops worldwide. Plus, the magic doesn’t stop at cryptocurrencies; imagine paying for your espresso with real gold!

Sign up on Bitpanda

Requirements for the Bitpanda Card

Considering its avant-garde features, Bitpanda ensures stringent requirements for security and ease of use:

  1. Bitpanda Account: Ensure you have a verified account. This is not just a security measure, but it streamlines the entire process.
  2. Residency: As of now, only residents of the euro area can avail the card. Bitpanda values feedback and might consider expanding, depending on future developments.
  3. Mobile App: The Bitpanda Mobile App is integral. Not only does it enable card activation, but it’s also your portal to card payment history and card settings. Always ensure you have the latest version.

Go to Bitpanda’s Official Website

Ordering, Activation, and How to Use

Ordering your Bitpanda Card is as easy as pie:

  1. Log in through the Bitpanda web or mobile platform.
  2. Ensure the name on your account matches what you want on your card.
  3. Click on your User Icon, choose ‘Card’, and follow the subsequent instructions.

Activation is equally streamlined. Once you have the Bitpanda App and your card, you’re just a few taps away from entering a new realm of financial freedom:

  • Make sure your app is updated.
  • Open the Bitpanda App and log in.
  • Go to the “Activate” banner or select ‘Card’ in your profile.
  • Input the security code from your card, and you’re good to go!

Usage is where the magic truly begins. The Bitpanda Card’s versatility is unmatched:

  • It’s accepted at all Visa-compatible payment points.
  • It supports Google Pay and Samsung Pay for online transactions.
  • For those quick purchases, Bitpanda Card supports contactless payments up to EUR 50.

Get your Bitpanda Debit Card

Payments, Fees, and Cashback

Bitpanda ensures that payments are seamless. Whenever you use your card, the system automatically sells assets from your connected wallet, converts it to EUR for the payment, and if you’re a BEST VIP, credits you with a BTC cashback.

For fees:

  • The standard trading fee applies during asset-to-fiat trades.
  • ATM withdrawals are charged at EUR 1.50.
  • Payments in non-EUR currencies come with a 2.5% exchange fee, modulated by your BEST VIP level.

As a cherry on top, BEST VIP members enjoy BTC cashbacks, reduced fees, and even free ATM withdrawals. The percentage of BTC cashback hinges on the VIP level and can be up to 2%.

Sign up on Bitpanda

Card Limits, Security, and Replacements

Bitpanda has established robust limits for security:

  • A maximum expenditure of EUR 10,000 daily.
  • ATM withdrawals capped at EUR 350 per day.

Should you ever lose your card or feel it’s compromised, you can immediately block it via the app. Bitpanda also facilitates card replacements for a nominal fee, ensuring you’re never without your financial companion.

In conclusion, the Bitpanda Card isn’t just a card; it’s an experience. It seamlessly integrates the world of digital assets with the tangibility of everyday transactions. With its state-of-the-art features, ease of use, and robust security, the Bitpanda Card is truly a harbinger of the future of finance.

Go to Bitpanda’s Official Website

FAQs about Bitpanda Card

1. What is the Bitpanda Card and how can it be used?
The Bitpanda Card allows users to spend their investments both online and in physical stores worldwide. Users can pay using supported cryptocurrency wallets, metals wallets, Bitpanda Stocks, and the EUR wallet.
2. Who is eligible to use the Bitpanda Card?
The card is available to residents of euro area countries with a verified Bitpanda account. Users must also have the Bitpanda mobile app downloaded to access certain features.
3. How do I order and activate the Bitpanda Card?
Order the card through the Bitpanda web or mobile app. Once received, activate it using the Bitpanda App with the 3-digit security code found on the card.
4. Where can the Bitpanda Card be used?
The card works at all locations accepting Visa credit & debit card payments. It also supports contactless payments and online payments through Google Pay and Samsung Pay.
5. How does the payment process work with the Bitpanda Card?
All payments are made in EUR. Upon purchase, the connected asset (e.g., Bitcoin) is sold to the EUR wallet. This amount is then used to pay for the purchase. BEST VIPs can also receive BTC cashback for certain transactions.
6. Are there any limits when using the Bitpanda Card?
Yes. The daily spending limit is EUR 10,000. There’s a EUR 350 limit for ATM withdrawals and a EUR 50 limit for contactless payments (may vary by country).
7. What are the fees associated with the Bitpanda Card?
The usual trading fee applies when assets are exchanged for EUR. There’s no extra transaction fee, but there’s a EUR 1.50 fee for ATM withdrawals. Foreign currency transactions carry an additional fee.
8. What benefits do BEST VIP members enjoy?
BEST VIP members receive various benefits such as cashback in BTC, free ATM withdrawals, and reduced foreign exchange fees, depending on their level.
9. What transactions are covered under the cashback program?
Only purchases made using cryptocurrency or metals wallets qualify for cashback. Using the EUR wallet or making ATM withdrawals do not count. Stablecoins like USDC and USDT are also excluded.
10. What should I do if my Bitpanda Card is lost, stolen, or if I need to block it?
Users can temporarily block their card anytime through the Bitpanda mobile app. In certain situations, Bitpanda may need to block the card for you. For a permanent block or for replacements, contact Bitpanda’s support.
11. How are refunds processed with the Bitpanda Card?
Refunds are credited back to the user’s EUR wallet in Bitpanda, excluding the sell fee for the asset-to-EUR trade.