Kolo Card is a crypto-funded virtual Visa Platinum card with USD and EUR options, automatic cryptocurrency conversion, Apple Pay and Google Pay support, and up to 2% BTC cashback.
Why Kolo Card can be a great choice.
Things to consider before applying.
Kolo Card is integrated with the Kolo cryptocurrency wallet and allows users to spend digital assets without manually converting them into fiat before each purchase. The card automatically converts funds at the time of payment, using the available crypto balances selected by the user.
Kolo offers separate USD and EUR virtual cards, depending on regional eligibility. Users can enable multiple cryptocurrencies for spending and configure their payment priority. If one balance is insufficient, the system can combine supported assets to complete a transaction.
The underlying Kolo wallet uses a non-custodial MPC structure, although card transactions and related services depend on external issuing partners.
Virtual card issuance is free, with no monthly maintenance fee. Activation requires an initial stablecoin deposit equivalent to approximately $10 or €10, which is returned as a spendable, non-withdrawable card bonus.
Every card payment incurs a 1% crypto-to-fiat conversion fee, including purchases funded with stablecoins. Kolo advertises zero additional exchange markup on USDT, USDC and EURC, but this does not eliminate the standard card transaction fee.
Purchases in currencies other than the card's settlement currency incur additional Visa conversion charges. The USD card applies a 1% FX surcharge, while EUR-card surcharges vary by transaction currency. USD payments at non-US merchants can also incur an additional 1% issuer fee.
Spending limits depend on the account and verification status. The virtual USD card supports cash withdrawals at compatible contactless ATMs, with a $500 per-withdrawal limit and a fee of $1 plus 0.65%.
Kolo offers BTC cashback on eligible purchases made with either its USD or EUR card.
Cardholders receive 2% cashback during the first 30 days and 1% afterward. Rewards are capped at $2 or €2 per transaction during the introductory period and $1 or €1 afterward, with a monthly limit of $100 or €100.
Cashback is credited in Bitcoin after transactions clear. Users can hold, exchange or transfer the BTC received.
Kolo advertises availability across more than 170 countries for its wider platform, although card issuance depends on the user's country of verification and assigned card program.
Both cards support Apple Pay and Google Pay for online and contactless purchases. Physical cards are not yet available.
Identity verification is mandatory. Kolo also provides cryptocurrency swaps, multichain wallet functionality and supported crypto-to-bank transfers within the same app.
Download the Kolo app or open its Telegram Mini App.
Create an account and complete identity verification.
Select the USD or EUR card available in your region.
Deposit the required stablecoins to activate the card.
Configure the cryptocurrencies and payment priority for spending.
Add the virtual card to Apple Pay or Google Pay.
Start making payments and earning eligible BTC cashback.
Quick answers to common questions about Kolo Card.
Kolo supports assets including BTC, ETH, LTC, USDT and USDC and states that additional cryptocurrencies can also be used. The selected crypto is automatically converted into the required local currency when you pay.
Yes. Kolo currently advertises 2% cashback in Bitcoin on eligible card purchases. Rewards are credited after the underlying transaction has cleared, while eligibility and reward limits are determined by Kolo's cashback rules.
Yes. Kolo requires identity verification before the card can be activated. The company uses Sumsub for KYC and describes the standard verification process as taking around one minute.
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