Head to head
Bybit Card vs EtherFi
Both cards run on the same benchmark test, so this compares deducted cost rather than advertised rates.
| Metric | By Bybit Card | Et EtherFi |
|---|---|---|
| Overall rank | #13 of 27 | #2 of 27 |
| FX spread | 0.5% | 1% |
| Base cashback | 2% paid in points | 3% instant |
| Custody | Custodial | Non-Custodial |
| Virtual card | Free | First free, $10 for additional |
| Physical card | $29.99 | $50 (metal unlocked on higher VIP tiers) |
| Spend limit | $10,000 daily / $50,000 monthly | Up to $30,000/day on the free Core tier |
| ATM withdrawals | First $100/month free, 2% flat thereafter | $250/day limit, 2% flat fee, no free tier |
| Setup time | Fast to apply, but heavily gated for South African applicants | ~8 minutes |
| KYC steps | 6 | 5 |
| Score | 7.4/10 | 9.2/10 |
Bybit Card
Bybit's fee structure is heavy: a 2% regional FX fee plus a 0.9% conversion charge pushes the gross markup close to 3%. The 2% cashback pulls the net cost back to $1.49, about 0.76% above market, but rewards arrive as points rather than instant stablecoins. The 100% subscription rebate at higher spend is the strongest reason to hold it.
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.
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+