Kraken Krak Card, Review 2026
Updated on 1 June 2026 · Network Visa
Overall rating / 5
Kraken Krak Card
Issuer : Kraken
Get the cardView full card detailsCompare cardsSee all cards🔄 Kraken Alternatives| Summary | Kraken Krak Card |
|---|---|
| 💰 Max cashback | 1% in crypto (depending on chosen asset) |
| 🔒 Staking req. | None |
| 💳 Annual fees | $0 |
| 🌍 Availability | EU (France, Germany, Spain, Italy…) |
| Overall rating / 5 | 3.8/5 |
| Network | Visa |
Rating breakdown
Strengths
- Kraken: the most secure US exchange in history (never hacked)
- Zero annual fees
- Cashback in crypto of your choice (BTC, ETH, SOL…)
- No staking required for cashback
- Available across the EU including France
- Compatible with Apple Pay and Google Pay
- Kraken Pro interface, gold standard for advanced traders
- Customer support recognized as among the best in the industry
Weaknesses
- Modest cashback (1%) compared to Asian exchange cards
- Funds held on Kraken exchange (no self-custody)
- Kraken based in the United States, subject to US regulations
- Fewer tokens supported than some competitors
- Full KYC required
📋 Overview
Kraken is one of the oldest crypto exchanges (founded in 2011 in San Francisco) and remains one of the only major platforms to have never suffered a major hack. The Krak Card is Kraken's official Visa card, available in Europe. Krak Card vs Kraken card — what's the difference? There is none: they are the same product. « Krak » is simply Kraken's brand name for its card, so if you're comparing « Krak card vs Kraken card » you're looking at one and the same Visa. Compared with a bank card like N26, the Krak card adds crypto cashback and lets you spend directly from your Kraken balance.
💰 Cashback & Rewards
Cashback is 1% on all payments, credited in the crypto of your choice from the assets available on Kraken (BTC, ETH, SOL, XRP, USDC, etc.). No staking or minimum token holding is required. This is the main benefit of the card: every purchase earns crypto automatically.
💳 Fees & Conditions
Is the Krak card free? Yes — it is completely free: no annual fee, no card fee, and no foreign transaction fees. The Krak card works internationally, accepted worldwide anywhere Visa is. Kraken applies only its standard trading fees on the exchange itself.
🔒 Security & Regulation
Kraken is the most secure exchange in the sector: founded in 2011, it has never suffered a major hack. The platform is regulated in the United States (FinCEN), United Kingdom (FCA), and Europe (BaFin, AMF).
📱 User experience
Kraken Pro app is among the highest-rated in the sector for advanced traders. Card management is integrated directly into the Kraken app. Compatible with Apple Pay and Google Pay. Kraken customer support is available 24/7.
Our verdict
out of 5
Kraken Card is the best choice for users who prioritize security and reliability from a proven exchange. Kraken has never suffered a major hack since its founding in 2011, making it the safest player in the sector. The 1% cashback is modest but requires no staking.
Get the cardAvailability and tax in the United Kingdom
In the United Kingdom the Kraken Krak Card works wherever its card network is accepted, settling in pounds. Converting or spending crypto is a disposal for Capital Gains Tax purposes above the annual allowance.
- Regulator
- FCA
- Currency
- Pound sterling (£)
- Crypto tax
- Disposals are subject to UK Capital Gains Tax above the annual exempt amount; spending crypto counts as a disposal.
General tax information (UK) — not personalised tax advice.
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