The Nexo Card is a unique dual-mode crypto card that allows users to switch between Debit Mode and Credit Mode. While Debit Mode focuses on earning interest on your idle assets, Credit Mode is the primary way to earn crypto cashback on every purchase.
Cashback Rates by Loyalty Tier
Your cashback percentage is determined by your Nexo Loyalty Tier, which depends on the ratio of NEXO Tokens in your portfolio.
| Loyalty Tier | NEXO Token Ratio | Cashback (in NEXO) | Cashback (in BTC) |
|---|---|---|---|
| Platinum | ≥ 10% | 2.0% | 0.5% |
| Gold | 5% - 10% | 1.0% | 0.25% |
| Silver | 1% - 5% | 0.7% | 0.2% |
| Base | < 1% | 0.5% | 0.1% |
Debit vs. Credit Mode Rewards
It is crucial to understand which mode earns what type of reward:
- Credit Mode: Earn up to 2% cashback on every purchase. Purchases are made against your crypto collateral (0% APR available for Gold/Platinum tiers).
- Debit Mode: No purchase cashback. Instead, you earn up to 13% annual interest on the unspent balance in your account, paid daily.
Monthly Cashback Estimator
Calculate your potential monthly rewards based on your tier and spending (Credit Mode only).
Estimated Monthly Cashback: €20.00
Key Considerations
- Instant Payouts: Cashback is credited to your Nexo account immediately after the transaction is confirmed.
- Switch Anytime: You can toggle between Debit and Credit mode instantly in the Nexo app.
- No Monthly Fees: The card has no monthly, annual, or inactivity fees.