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Description

🔥 Nexo Mastercard – Full Review & Key Features
The Nexo Mastercard is a crypto-powered debit/credit hybrid card that lets users spend digital assets without selling them, thanks to its unique dual-mode system—Credit Mode and Debit Mode. It’s accepted at over 100 million merchants worldwide through Mastercard.

✅ Dual‑Mode Spending: Credit & Debit
Credit Mode: Use crypto as collateral to access an instant credit line, typically 0% APR if LTV stays low. This avoids selling crypto and potential capital gains tax.


Debit Mode: Spend directly from your Nexo balance; remaining assets continue earning interest (up to ~16% APR in Savings Hub).

🏦 Cashback & Loyalty Tiers
Cashback rewards are based on Nexo Loyalty tiers, determined by what percent of your portfolio is held in NEXO tokens (min. $5,000 portfolio value required):


Tier NEXO Tokens % Cashback in NEXO Cashback in BTC Monthly Cap
Base 0–1% 0.5% 0.1% ~$50
Silver 1–5% 0.7% 0.2% ~$100
Gold 5–10% 1% 0.3% ~$150
Platinum >10% 2% 0.5% ~$200

Rewards are credited instantly and can be switched anytime between NEXO or BTC in the app.

💸 Fees & Limits
No issuance, monthly, or foreign transaction fees

ATM Withdrawals: Up to €2,000/month free (Platinum: 10 free, Gold: 5 free, etc.), then €1.99 per withdrawal

Crypto‑fiat conversion fee: ~0.75% (better than industry average)

Credit Mode interest: 0–13.9% APR depending on LTV and tier; repayment flexible, no mandatory monthly minimum

🔐 Security & Management
Real-time controls: freeze/unfreeze card, change PIN, spending limits and notifications via the Nexo app

Industry‑grade security, encrypted cold & hot wallets with insurance coverage up to $100M+ via Lloyd’s and Ledger Vault, ISO/SOC/Cryptocurrency standards compliance

🌍 Availability
Currently available only in the European Economic Area (EEA) and UK; not offered to new users in the US, Brazil, or other regions.