Head to head
Wirex One vs Ethena Pay
Both cards run on the same benchmark test, so this compares deducted cost rather than advertised rates.
| Metric | Wi Wirex One | Et Ethena Pay |
|---|---|---|
| Overall rank | #4 of 27 | #6 of 27 |
| FX spread | 0% | 1% |
| Base cashback | 0.5% paid in stables | 4% |
| Custody | Self-Custodial | Non-Custodial (no option to see keys until deleting account |
| Virtual card | Free | Yes, Free |
| Physical card | Locked behind Premium tiers | No |
| Spend limit | High, tier and source-of-wealth dependent | |
| ATM withdrawals | Free up to ~$250/month, 2% thereafter | |
| Setup time | ~12 minutes | 10 minutes |
| KYC steps | 5 | 5 |
| Score | 8.1/10 | 7.5/10 |
Wirex One
Wirex remains competitive. A 1.18% all-in spread puts it alongside Coca and Bitget as one of the cheapest cards tested for foreign-currency spending. They include crypto collateral credit, and Premium models are upgraded through Portfolio holdings
Ethena Pay
Crypto Card Review: Ethena Pay I've been testing Ethena Pay for the last couple of days, and it feels (almost) premium. It's in Beta and nearly ready for public launch; here are my first thoughts. Positives: - Non-USD FX Fee: 1% (cashback negates and beats this) - 4% Cashback on all purchases is sweet (up to 5% w/Pro) - UI is possibly the best among all cards I've tested - Personal US/EUR/GBP IBAN accounts - Insights page showing spending by categories and earning breakdowns - 5% APY - Instant deposits with limited Fees Negatives: - Apple Only (for now) - Multiple "Coming Soon" features - Non-custodial, but no way to see your keys without deleting your account. Rating: 7.5/10 As soon as it's on Android and includes a few of its promised upcoming features, this will be a 9/10.
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+