Nexo Card

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Nexo Card scores 9 of 16 on the CBL Card Score. Nexo, Mastercard. Custodial; Tangany keeps EEA client assets separate. DiPocket UAB, Bank of Lithuania e-money licence.

CBL Card Score: 9 of 16

Criterion	Points	What we found	Source
Custody	1 of 2	Custodial. The card spends from the Nexo account, either against a credit line backed by crypto (Credit mode) or from the balance (Debit mode) (official). For EEA clients, Tangany holds the crypto and keeps client assets separate from its own, allocated to each owner (official, nexo.com/mica-faq). No self-custodial route.	official checked 12 October 2026
Issuer and licence	2 of 2	"The Nexo Card is issued by DiPocket UAB" (official, nexo.com/nexo-card). DiPocket UAB holds electronic money institution licence No. 75 from the Bank of Lithuania, issued 10 Nov 2020 (official, Bank of Lithuania register).	official checked 12 October 2026
Availability	1 of 2	Citizens and residents of selected European countries, including the EEA and the UK (official). Not offered in the UAE or Saudi Arabia (official country scope; Nexo's UAE entity has initial VARA approval only, third-party: Cointelegraph, 6 Mar 2024). Not part of Nexo's US relaunch of 16 Feb 2026 (official).	official checked 12 October 2026
FX fee on a foreign-currency purchase	0 of 2	Weekdays 0.2% for EEA, UK and Swiss currencies, 2% for the rest of the world; weekends 0.7% and 2.5% (official, nexo.com/nexo-card). Scored at 2%, the rate outside Europe, under the FX rule in the Card Score methodology.	official checked 12 October 2026
Funding cost	1 of 2	No monthly, annual or inactivity card fee (official). Virtual card free once the account holds $50 (official). Physical card delivered free, but only to Gold tier members with more than $5,000 in the account (official); third parties report physical orders paused since January 2025 (third-party: CryptoSlate, 3 Oct 2026; SpendNode, 6 Aug 2026). Debit-mode conversion fee not published (third-party: cardpilled, 11 Oct 2026). Credit mode borrowing from 1.9% (official).	official checked 12 October 2026
Apple Pay and Google Pay	2 of 2	Apple Pay and Google Pay (official).	official checked 12 October 2026
Freeze and dispute policy	1 of 2	Card terms are published but did not render in this check, so no dispute window or response time could be confirmed (official, card terms page). Nexo does not publish dispute timelines; chargebacks go through DiPocket under Mastercard rules (third-party: CryptoSlate, 3 Oct 2026).	official checked 12 October 2026
Yield on idle balance	1 of 2	Debit-mode balances earn daily compound interest, flexible with no lock, up to 13% (official, nexo.com/nexo-card and nexo.com/earn-crypto). Interest accrues only with a portfolio of $5,000 or more, and the top rates need NEXO token holdings (official). Base-tier rates are not published.	official checked 12 October 2026

Total 9 of 16. Official means the company's own site, terms or help centre. Third-party means a named review site with its own check date; a third-party fact is reported, not verified, and the score stands until an official source confirms or contradicts it.

Score history

12 October 2026

9 of 16

First score

Standing

Company	Nexo. EEA programme run with Nexo Services UAB, Lithuania (official, Bank of Lithuania dispute decision No. 429-240, 10 Oct 2025). In the EEA, Nexo's crypto is held by Tangany, a German custodian licensed under MiCA and supervised by BaFin (official, nexo.com/mica-faq).
Network	Mastercard official
Rails	Nexo names DiPocket UAB as the card issuer, an electronic money institution licensed by the Bank of Lithuania (official). Crypto for EEA clients is held by Tangany (official).
Website	nexo.com/nexo-card
Health tag	Watch Card issued by a licensed Lithuanian e-money institution, but Nexo paid $45 million in 2023 to settle with the SEC and US states, holds no MiCA licence of its own in the EEA, and its Earn product sits outside its partners' MiCA scope (official SEC release; third-party).
Last checked	12 October 2026

When it goes wrong

Card terms are published but did not render in this check, so no dispute window or response time could be confirmed (official, card terms page). Nexo does not publish dispute timelines; chargebacks go through DiPocket under Mastercard rules (third-party: CryptoSlate, 3 Oct 2026).

The dispute route, in order: the company's own support desk, then the card network's chargeback rules, then the regulator of the issuer where one is named. A frozen card is a question, not a verdict: the Frozen Account Survival Kit applies to cards too.

Costs

FX	Weekdays 0.2% for EEA, UK and Swiss currencies, 2% for the rest of the world; weekends 0.7% and 2.5% (official, nexo.com/nexo-card). Scored at 2%, the rate outside Europe, under the FX rule in the Card Score methodology. official
Funding	No monthly, annual or inactivity card fee (official). Virtual card free once the account holds $50 (official). Physical card delivered free, but only to Gold tier members with more than $5,000 in the account (official); third parties report physical orders paused since January 2025 (third-party: CryptoSlate, 3 Oct 2026; SpendNode, 6 Aug 2026). Debit-mode conversion fee not published (third-party: cardpilled, 11 Oct 2026). Credit mode borrowing from 1.9% (official). official
ATM	Free each month: €200 on Base, €400 Silver, €1,000 Gold, €2,000 Platinum, then 2% with a €1.99 minimum (official).
Tiers	Base, Silver, Gold, Platinum, set by the share of the portfolio held in NEXO tokens; Platinum needs 10% (official).

Cashback, as of 12 Oct 2026

In NEXO: Base 0.5%, Silver 0.7%, Gold 1%, Platinum 2%. In BTC: 0.1%, 0.2%, 0.3%, 0.5% (official, nexo.com/nexo-card, checked 12 Oct 2026). Credit mode only, with more than $5,000 in the account. Monthly caps of $50 to $200 reported (third-party: cardpilled).

Cashback is a dated fact, not part of the Card Score. Promo rates change too often to score.

Availability

Citizens and residents of selected European countries, including the EEA and the UK (official). Not offered in the UAE or Saudi Arabia (official country scope; Nexo's UAE entity has initial VARA approval only, third-party: Cointelegraph, 6 Mar 2024). Not part of Nexo's US relaunch of 16 Feb 2026 (official). official

Identity checks: Identity verification with an ID document from an eligible European country (official).

What we still need confirmed

Facts marked official come from Nexo's own pages or terms. Facts marked third-party are reported by a named review site and count as reported, not verified. These items are open for the next Monday sweep:

• Card terms: dispute window and response time. Rescore freeze to 2 if both are published. open
• Whether physical card orders are open today (Nexo's page offers them to Gold tier; third parties say paused). open
• Debit-mode conversion fee and stablecoin top-up cost. Rescore funding to 0 if 1% or more. open
• UK issuing entity and its FCA status. open
• Who safeguards fiat and e-money balances at DiPocket. open
• Base-tier Earn rates. open
• Final VARA licence for Nexo in the UAE and any Gulf card launch. Rescore availability to 2 if the UAE or Saudi Arabia is served. open
• Outcome of Nexo's MiCA application, reported as filed with the Bulgarian FSC in Feb 2026 (third-party). open

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