Bybit Card review

Bybit Card is not one product but a set of separate regional programs, each with its own fee schedule, and the rewards structure recently changed for European cardholders.

Across most regions (Australia, Argentina, Brazil, the AIFC in Kazakhstan, Asia-Pacific, and Mexico), cashback runs on a six-tier ladder from Base (2 percent, no VIP required) up to Infinite (10 percent, requiring Supreme VIP status or 25,000 USD of monthly card spend), with each tier capping monthly point redemption. As of August 4, 2026, Bybit's EU-issued card program changed course for its default population: ordinary EU cardholders without a qualifying VIP tier now earn a flat 1 percent on eligible purchases with no monthly cap, while the same VIP-tiered 2 to 10 percent ladder still applies to cardholders who qualify through VIP status or spend.

Fees vary meaningfully by region. In the EEA and Switzerland, the foreign exchange fee is 0.5 percent above Mastercard's rate and the crypto-to-fiat conversion fee is 0.9 percent above Bybit's own spot rate, with ATM withdrawals free up to 100 EUR per month before a 2 percent fee applies. Outside Europe the numbers shift sharply: Argentina's FX fee runs as high as 7 percent (plus a temporary 5 percent FX padding hold that is later refunded), Brazil's is 1.5 percent plus a 1 percent padding hold, and Australia's is 1 percent. Physical card issuance costs roughly 5 EUR/USD in most regions (about 29.99 USD in Australia), while virtual cards are free everywhere.

Bybit's own country availability page lists the United Kingdom as served, alongside the thirty EEA states, the United Arab Emirates and Turkey (virtual card only). The same page rules out the United States, Canada, China, Japan, South Korea, Singapore, Thailand, Vietnam, Australia, India and the Philippines, and places Switzerland outside the EEA programme.