Krak Card is a multi-asset debit card connected to Kraken’s Krak app, built for spending both cash and crypto in one place.

You can spend from hundreds of supported fiat and crypto assets anywhere Mastercard is accepted, online, in-store, and at ATMs worldwide. You control a spend order that determines which assets are used first, and Krak automatically converts balances in real time to complete purchases.

The card offers up to 1% cashback on everyday spending, with the option to receive rewards in local currency or Bitcoin. Additional boosted rewards are available for select travel bookings through Kraken’s concierge services.

There are no transaction fees, no foreign exchange fees, and no monthly or annual card fees. Purchases abroad use standard Mastercard exchange rates, and ATM access is supported globally (third-party ATM fees may apply).

The Krak Card supports Apple Pay and Google Wallet for tap-to-pay convenience. In-app controls allow you to freeze the card, manage spending preferences, and receive real-time notifications.

Overall, the Krak Card is designed as an everyday spending card that seamlessly bridges fiat and crypto, focusing on flexibility, low fees, and simple rewards rather than lending or yield features.