COCA Card vs Ethena Pay
COCA Card scores 12/16, Ethena Pay scores 10/16 on the CBL Card Score. Here is every criterion side by side.
 COCA Card |  Ethena Pay | |
|---|---|---|
| Custody | 2 of 2 | 2 of 2 |
| Issuer and licence | 1 of 2 | 1 of 2 |
| Availability | 1 of 2 | 0 of 2 |
| FX fee on a foreign-currency purchase | 2 of 2 | 1 of 2 |
| Funding cost | 1 of 2 | 1 of 2 |
| Apple Pay and Google Pay | 2 of 2 | 1 of 2 |
| Freeze and dispute policy | 1 of 2 | 2 of 2 |
| Yield on idle balance | 2 of 2 | 2 of 2 |
| Total | 12 | 10 |
The short verdict: COCA Card leads overall (12 to 10). Self-custodial smart wallet; per-payment approval, 0% FX on direct pairs FX. Health: Watch. Check each profile for what still needs confirming before deciding.
Cashback, as of 20 Oct 2026
| COCA Card | Paid in stablecoins. Starter 1% unlimited with no COCA staked; Standard 3% on the first $1,000 a month (300 COCA staked); Standard+ 4% on $1,750 (1,000 COCA); Premium 5% on $2,500 (3,000 COCA); Premium+ 6% on $5,000 (10,000 COCA); Elite 8% on $10,000 (30,000 COCA); 1% after each cap (official, docs membership page, checked 20 Oct 2026). Up to 50% back on subscriptions such as Netflix and Spotify, one to four subscriptions by tier (official, card-cashback page and docs). The cashback page says tiers run on COCA balance with no staking, while the docs say COCA is staked with a 30-day cooldown on exit (official, conflicting). |
| Ethena Pay | Paid in AVAX once daily after settlement, by monthly spend band. Standard 4% on the first $2,500, 1% to $4,000, nothing above. Pro 4.5% on the first $8,000, 2% to $10,000, 1% to $12,000, 0.5% above. VIP 5% on the first $20,000, 2% to $30,000, 1% to $40,000, 0.5% above. Minimum qualifying transaction $1; reversed on refunds or chargebacks (official, pricing page, updated 30 Sep 2026; FAQ). |
Cashback is shown as a dated fact and never scored.