Phantom Cash Card is a virtual Visa debit card built into the Phantom wallet. It allows users to spend their Phantom Cash balance for everyday purchases without first withdrawing funds to a traditional bank account.
Phantom Cash is built on Solana and represents the user's USD-denominated balance as the CASH stablecoin. When a card payment is made, Phantom's payment partner draws the required CASH from the account and converts it into USD, while the merchant receives payment like a normal Visa transaction.
The card can be used online, in apps and at physical stores through Apple Pay and Google Pay. It is currently available only in the United States, excluding New York.
Background
Phantom introduced Phantom Cash in September 2025 as an expansion of its wallet beyond crypto storage and trading. The service combines stablecoin payments, bank transfers, peer-to-peer transfers, crypto trading and a debit card inside the Phantom mobile app.
The company expanded access across the United States in March 2026, making the Phantom debit card and additional Cash banking features available more broadly.
The card program is operated with several financial infrastructure partners. The prepaid Visa debit card is issued by Lead Bank, while Bridge manages the card program and payment infrastructure. Phantom provides the wallet and user-facing application.
Terms and fees
The Phantom Cash virtual debit card has no issuance fee.
Card purchases made in the United States are also free from Phantom transaction fees. Fees may apply to international purchases, with applicable charges shown before the transaction is confirmed.
There are separate fees for some ways of adding or moving money through Phantom Cash. Funding the account with a debit card currently costs 1.75%, while credit card funding costs 3.5%. Standard ACH withdrawals are free, while faster ACH withdrawals carry an additional fee.
Converting supported Solana stablecoins such as USDC, USDT, USDG and PYUSD into CASH is free. Converting CASH into USDC is also free. Some other token conversions carry a 0.85% fee.
There is currently no physical Phantom Cash Card. The product is virtual-only.
Key features
The main feature of Phantom Cash Card is its direct connection to Phantom Cash. Users can move money from a bank or crypto wallet into their Cash account and then spend the same balance through a Visa card.
CASH exists onchain on Solana, while the Phantom app displays the balance in US dollars. When a card transaction occurs, an onchain transfer is made from the user's Cash account to Bridge's debit-card smart contract. Sensitive purchase details such as merchant names, purchased items and receipts are not published onchain.
Users can fund their Cash balance in several ways. These include supported bank transfers, cards, stablecoins and crypto already held in Phantom. Supported Solana stablecoins can be converted into CASH directly inside the app.
The card supports Apple Pay and Google Pay, making it possible to use the virtual card for contactless purchases without a physical card.
Phantom Cash also integrates with the rest of the Phantom wallet. Users can send CASH to other Phantom users, withdraw it to a Solana wallet, convert it into other assets or use the balance to buy supported tokens directly through Phantom.
Identity verification is not required for basic onchain Phantom Cash functionality. However, regulated features including the debit card, bank deposits and bank withdrawals require KYC.
Eligibility
Phantom Cash Card is currently available to users in the United States, except New York. Phantom has not announced a timeline for card availability in other countries.
Users must be at least 18 years old and complete identity verification before receiving the debit card.
Verification is handled through Link by Stripe. Phantom states that it does not receive or store the legal identity information submitted as part of the KYC process.
Access to the general Phantom wallet does not automatically provide access to the card. The debit card is a regulated financial feature with separate eligibility requirements.
How to get the card
Download the Phantom mobile app and create or open a Phantom wallet.
Open the Cash section.
Complete identity verification through Link by Stripe.
Accept the card terms when prompted.
Tap Create Card to activate the virtual Phantom debit card.
Add money to your Phantom Cash balance through a supported bank, card, stablecoin or crypto funding method.
Add the virtual card to Apple Pay or Google Pay for contactless purchases.
Use the card online, in apps or at physical merchants wherever Visa is accepted.
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