An Overview of the Binance Card

2022-05-27 05:02

Note: Binance Card services in EEA will close on 20 December 2023. Binance accounts are unaffected and continue to operate as usual.

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With the Binance Card, European residents can convert and spend cryptocurrencies in over 60 million online and physical stores. Follow these steps on how to order a Binance Card and learn important tips on how to use it.

1. Register a Binance account and complete Identity Verification

Start by registering for a Binance account, then complete Identity Verification (KYC).

2. How to order a Binance Card?

2.1 Before ordering a card, make sure you’ve added a phone number from an EEA country to your Binance account. You can do this by going to [Security]. Please note that for security reasons, withdrawals, P2P selling, and payment services will be disabled for 24 hours after you change the phone number.

2.2 To order a Binance Card, hover over [Finance] and click [Binance Visa Card] from the top navigation bar.

2.3 You may find the instructions for the next steps from How to Order and Activate My Binance Card.

3. How to use the Binance Card?

3.1 To top up your card, you need to transfer your assets from the Spot Wallet to the Funding Wallet. Click [Top up] in the Card Dashboard and enter the amount to transfer. The funds will be credited to your account instantly. There is no fee for the transfer. For more information, check out our guide on how to top up or recharge my Binance Card via the Funding Wallet.

3.2 To view your card details, such as the card number, CVV code, and expiry date, click [Show details] below the image of the card in the Card Dashboard and enter your 2FA code.

To temporarily freeze your card, click [Manage] - [Freeze]. You can also unfreeze your card by clicking the [Unfreeze] button.

3.3 To adjust the sequence of spending currencies, click on the edit icon under [Edit Payment Priority] and drag and move the cryptocurrency names to reorder. Please note that this function only works when the [Hide small balances] box is unchecked.

4. How to make payments with Binance Card

With the Binance Card, you can convert and spend cryptocurrencies in over 60 million online and physical stores. For more details, please refer to how to make payments with Binance Card.

5. Do I receive any cashback when I pay with my Binance Card?

Binance Card offers a cashback of 0.1% to 8% for every purchase you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated daily for each settled** purchase from the previous date. Binance will continue to add new benefits to this program.

*Cashback is paid daily in BNB to your Funding Wallet. The Binance Card cashback program only applies to eligible purchases made with your Binance Card. The list of qualified merchants and conditions is subject to change by Binance’s sole discretion.

**"Settled" purchase or transaction means that the funds of this purchase have arrived in the bank account of the seller, e.g. your grocery store. The process of settlement is performed by the payment network and may take up to 30 days.

Frequently Asked Questions

1. When will I receive the physical Binance Card?

Your virtual Binance Card will be issued immediately upon successful order. This means that you have completed the Identity Verification and card ordering process correctly. We work hard to deliver your physical Binance Card as soon as possible. Please wait patiently for it to be delivered, there might be a delay due to high demands. It usually takes up to 45 days for the card to be delivered, depending on your country.

In the meantime, you can add your virtual Binance Card to your Google Pay and Samsung Pay Wallet to pay anywhere they are accepted.

2. What should I do if I can’t receive my card after placing the order?

If the status of your Binance Card shows that the card has been shipped, but you haven’t received it within 45 days after ordering, it may have been lost in the delivery process. You may order a replacement card. Please use your virtual Binance Card before the new card arrives.

3. How much does it cost for a Binance Card?

Ordering and using the Binance Card are free. However, if you need to replace your Card, we would charge a fee of €25. The full list of Binance Card fees can be found at Binance Card Fees and Limits.

4. How to check my Binance Card details in the Binance App?

Visit this guide for more information on viewing your virtual Binance Card details. Please note that once you activate the physical Binance Card, you can only check your card details on the Card. You are not able to view the physical Binance Card’s full 16-digit card number.

5. How safe is it to use a Binance Card?

Binance Card is very secure. Most importantly, never share your CVV code or card details with anyone. Check out the Binance Card security tips to see how to protect your card.

6. How to link a Binance Card to Google Pay/Samsung Pay?

Please refer to the instructions on adding your virtual card to Google Pay/Samsung Pay.

7. Can I apply for a Binance Card from a different country?

No. Each person is only eligible to hold onto 1 Binance Card from 1 country at any given time.

Got more questions about the Binance card? Check out our FAQs or contact 24/7 Binance Support for assistance.