This site uses cookies to analyze traffic and improve content 🍪 (Privacy Policy)
Penchan
🇺🇸 United States

Pick the country on your KYC ID

Asia Pacific

Europe / Middle East / Africa

Americas / Oceania

Krak Card

Platform account card: cashback and fees at a glance

United States: conditions apply

  • Not available in New York, Maine, Massachusetts or Indiana
Krak Card card art
Apply for Krak Card (opens in a new window)

Features

  • ✈️ Up to 6% back on flights and hotels
  • 🏦 Platform account
  • 🏷️ Debit card
  • 💳 Physical card

Cashback & fees

Cashback
0%
FX fee
1%
Annual fee
US$0
Other fees
How to get it
30-day average balance under US$1,000
New customers get the Max tier automatically for their first 30 days
Cashback
Your tier depends on your combined 30-day average balance across Krak, Kraken and Kraken Pro, not on spending
Cashback in USD or BTC, credited when the merchant settles; no cap published
No cashback on ATM withdrawals, transactions under US$0.49, cash equivalents, gift cards, financial products, gambling or government payments
FX fee
1% on purchases outside the US or in a foreign currency, at the Visa rate
USD purchases at merchants outside the US are also charged 1%
Paying from crypto or a foreign-currency balance adds a spread of unpublished size

See how much you could earn

Drag to see your cashback each month! FX fees are not deducted here.

US$800
US$200US$5,000

The Starter plan earns no cashback on spending

Plan: Starter

Works with

  • Apple Pay Not yet verified
  • Google Pay Not yet verified
  • ChatGPT subscription Not yet verified
  • Claude subscription Not yet verified

Spend it in these places

  • United States
  • Mexico
  • Canada
  • United Kingdom
  • Italy
  • France
  • Dominican Republic

How to apply

  1. Use the button below to sign up with Krak Card
  2. Pass the issuer's identity check and the card is ready to use
Apply for Krak Card (opens in a new window)

Know before you apply

  • : US card tier thresholds went up: Max moved from US$50,000 to US$150,000, and an average balance under US$1,000 no longer earns cashback. 🔗

  • Paying from crypto or a balance in another currency adds a Krak spread of unpublished size. 🔗

  • US account balances are not bank deposits and are not FDIC- or SIPC-insured. 🔗

  • : Krak card payments and in-app instant buys failed for about 6.5 hours, and some users' funds were held meanwhile; Kraken has marked it resolved. 🔗

  • : Small transfers from sanctioned addresses triggered automatic Kraken account freezes; the accounts were later restored, but those incoming funds were held. 🔗

  • Users report restricted or closed accounts with funds they could not withdraw. 🔗

Notes

Sources 1 (opens in a new window) 2 (opens in a new window) 3 (opens in a new window) 4 (opens in a new window) 5 (opens in a new window) 6 (opens in a new window) 7 (opens in a new window) 8 (opens in a new window) · Checked: 2026-10-14 · Compiled and cross-checked with the help of Claude, ChatGPT, Grok and Gemini · Spotted a mistake? Let us know

"Available" still means passing the issuer's identity check. Rates, yields and promotions follow the official announcements and can change at any time.

Disclaimer and disclosures: this page may contain referral links, and this site may earn a commission. For information only, not investment advice.

This page is for general information and education only. It is not investment, legal, tax, or professional advice. Markets and regulations may change at any time, and the information reflects conditions at the time of writing.

Penchan is not a registered securities investment adviser. Any securities, digital assets, or financial products mentioned are covered for informational purposes only and are not buy or sell recommendations. Make your own decisions and accept your own risk.

This page may contain partner or referral links. If you register for or use a service through these links, this site may receive a commission, paid by the provider. Actual fees and offers are subject to the provider's own terms.

Check the exchange's regulatory status in Taiwan (for example, whether it has completed anti-money-laundering registration; Taiwan's Virtual Asset Service Act was promulgated in July 2026, and as of September 2026 its licensing regime is not yet in force). Virtual assets are not covered by Taiwan's deposit insurance. A platform may fail, freeze assets, or be hacked, and remedies may be limited. Assess the risks carefully.

See this site's Legal Notice and Disclosures and Privacy Policy.

Apply