Head to head
Gnosis Pay vs EtherFi
Both cards run on the same benchmark test, so this compares deducted cost rather than advertised rates.
| Metric | Gn Gnosis Pay | Et EtherFi |
|---|---|---|
| Overall rank | #6 of 11 | #2 of 11 |
| Gross FX spread | 0% | 0.51% |
| Net cost on test | ~$1.45, beats market after cashback | |
| Base cashback | 0 | 3% instant |
| Custody | Self-custodial | Non-Custodial |
| Virtual card | Free | First free, $10 for additional |
| Physical card | €30 | $50 (metal unlocked on higher VIP tiers) |
| Spend limit | €5,000 per transaction / €8,000 daily | Up to $30,000/day on the free Core tier |
| ATM withdrawals | 5 free ATM withdrawals per month or up to €200 | $250/day limit, 2% flat fee, no free tier |
| Setup time | 20 minutes | ~8 minutes |
| KYC steps | 3 | 5 |
| Score | 8/10 | 9/10 |
Gnosis Pay
Gnosis Pay is arguably the most secure and technologically advanced self-custodial card on the market. Gnosis Pay's parent company is one of the most respected within the crypto space. This adds a lot of trustworthiness to the system. The self-custody method is highly recommended, though KYC is standard.
EtherFi
EtherFi applies a 0.51% spread when you swipe in Rands, but the upfront cashback neutralises it entirely. Net cost was $1.45, mathematically less than global market value. Stay under the $2,000 monthly cap and you beat the system on every swipe.
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+