Head to head
EtherFi vs Cashi
Both cards run on the same benchmark test, so this compares deducted cost rather than advertised rates.
| Metric | Et EtherFi | Ca Cashi |
|---|---|---|
| Overall rank | #2 of 27 | #5 of 27 |
| FX spread | 1% | 0% |
| Base cashback | 3% instant | No cashback |
| Custody | Non-Custodial | Custodial |
| Virtual card | First free, $10 for additional | Yes Free |
| Physical card | $50 (metal unlocked on higher VIP tiers) | No |
| Spend limit | Up to $30,000/day on the free Core tier | - |
| ATM withdrawals | $250/day limit, 2% flat fee, no free tier | - |
| Setup time | ~8 minutes | 7 minutes |
| KYC steps | 5 | 3 |
| Score | 9.2/10 | 7.9/10 |
EtherFi
EtherFi charges a 0.51% spread when you swipe in a foreign currency, but the instant 3% cashback more than neutralises it. Net cost on the benchmark purchase came to $1.45, below the mid-market value of the same basket. Stay under the $2,000 monthly cap and the card pays you to spend.
Cashi
Cashi is in its beta and is only a few weeks old; should you want better features, they exist elsewhere. There are not too many fees; there's not enough information and documentation on the internet about the card, and the team are actively getting things to a high-tier level. Cashi on-ramp system is amazing. Many Neobanks don't provide many on-ramp rails to South Africans (no ZAR still), but the process is quick, and the fees are very low. €1,000 deposit = 7.21 fees Bank address with my own name on it Deposit time = 3-5 minutes. Definitely one of the best Neobanks for the normies right now. It's not perfect, it isn't offering the same perks as many competitors, but the experience is solid. Cashi is building to become a high-quality platform. Sadly no US account just yet, and low rewards. I believe there's a good future on the card, but its not here yet.
Who ranks these cards
I'm Tristyn Pawson, founder of ConsistenC.xyz. Over the last five years I've worked on marketing, development and growth across five crypto cards and neobanks, building at least three of them from scratch.
Alongside that I've run in-depth research on 20+ crypto banks to understand what actually makes someone keep a card in their wallet. These rankings reflect that: which problems are tolerable, and which ones are genuine deal breakers.
- Years in market
- 5
- Cards built on
- 5
- Neobanks researched
- 20+