Binance vs Crypto.com

Binance discontinued its EEA and UK Visa card in December 2023 and relaunched in October 2025 as a Brazil-only Mastercard. If you are not in Brazil, Binance's card is not available. Crypto.com's Visa operates globally across the US, Europe, UK, Singapore, Canada, Australia, Brazil, and more. The card program has operated since 2018, giving it one of the longest track records in the industry.

For Brazilian users, both cards are available - making this one of the few markets where a genuine head-to-head comparison applies. In every other market, Crypto.com wins by default because Binance has no card to offer.

The fee structures create a fundamental gap. Binance charges 0.9% crypto-to-fiat conversion plus 1-2% FX on foreign currency transactions. Crypto.com charges 0% on everything - no conversion fee, no FX fee, no annual fee on any tier. The difference on cross-currency spending is 1.9-2.9 percentage points in Crypto.com's favor.

On cross-currency spending, Binance loses money. The 2% cashback minus 2.9% in fees produces a -0.9% net return on every international transaction. Crypto.com's 0% fee structure means any tier with rewards earns a positive return.

On domestic BRL spending, Binance nets 1.1% (2% minus 0.9% conversion) with zero commitment. Crypto.com Plus nets approximately $20/month after its $4.99 subscription and $25 monthly cap. Below $2,000/month domestic spending, Binance's free 2% outearns Crypto.com Plus. Above that threshold, both cards hit their caps and stop rewarding.

The Pro tier ($29.99/month or $5,000 CRO stake) caps at $75/month, meaning it maxes out at $2,500/month in spending. After subscriptions, net annual earnings at $2,000/month spending are $360 - only $96 more than Binance's $264. The math only tilts decisively toward Crypto.com at the Private tier ($50,000 CRO stake) where 4% uncapped at $2,000/month spending yields $960/year.

Both cards use custodial prepaid models where crypto is converted to fiat at the point of sale. The taxable event - a crypto disposal - occurs on every transaction with both cards. CRO cashback rewards may additionally be taxable as income depending on your jurisdiction.

Binance keeps it minimal: cashback, Flexible Earn at up to 6.05% APR on idle balances, Apple Pay and Google Pay in Brazil, and 2 free ATM withdrawals per month ($1.50 each after). No streaming rebates, no lounge access, no metal cards.

Crypto.com Pro and above add tangible lifestyle benefits. The Plus tier includes 100% Spotify rebate ($156/year). Pro adds 100% Netflix rebate ($192/year) and airport lounge access (4 visits/year for annual subscribers). At Private ($50,000 CRO stake): 4% uncapped cashback, unlimited lounge access plus a guest, priority support. At Prime ($1,000,000 CRO): 8% uncapped, private jet partnerships, dedicated account manager.

These perks add $500+/year in combined value at the Pro tier before counting cashback. For Brazilian users who stream Spotify, watch Netflix, and fly through airports, Crypto.com's perk value alone can exceed Binance's total annual cashback of $264 (capped maximum at $2,000/month domestic spending).

The breakeven on Pro's $5,000 CRO stake is instructive: $360 net annual cashback at $2,000/month spending plus approximately $348/year in streaming rebates equals $708/year in total value. Payback on the $5,000 stake: approximately 7 months. After that, the Pro tier delivers pure profit, assuming CRO price holds.

No annual fee on either card at any tier (Crypto.com subscriptions are separate from card fees). The fee gap is entirely about transaction costs:

Binance: 0.9% crypto-to-fiat conversion on every transaction. 1-2% FX on foreign currency purchases. 10 spendable assets (BTC, ETH, BNB, SOL, USDT, USDC, FDUSD, ADA, LINK, XRP). BRL-denominated. 2 free ATM withdrawals/month, $1.50 each after.

Crypto.com: 0% conversion. 0% FX. 6 spendable assets (USD, CRO, BTC, ETH, USDT, USDC). Free ATM from $200/month (Basic) to $1,000/month (Private), 2% after.

SpendNode's winner by category: Crypto.com wins on fees at every level. The combined 1.9-2.9% transaction cost on Binance versus 0% on Crypto.com creates a permanent structural disadvantage for Binance on cross-currency spending. Even domestically, Binance's 0.9% conversion fee means every BRL purchase costs nearly one percent before cashback.

Binance's advantage is purely commitment-free access: zero subscription, zero staking, zero requirements to start earning 2% immediately. Crypto.com's Basic tier (0% rewards) is also free but earns nothing.

Subscribing to Crypto.com Pro ($29.99/month) without doing the cap math. The 3% cashback rate is capped at $75/month, which means the cap kicks in at $2,500/month in spending. After that, every additional dollar earns nothing. At $2,000/month spending, Pro earns $60/month in cashback but costs $29.99/month in subscription - net $30.01/month ($360/year). That is only $96/year more than Binance's free 2% domestic ($264/year). How to avoid it: If you spend under $3,000/month, Crypto.com Plus ($4.99/month, 2% capped at $25/month) or the $500 CRO stake alternative delivers similar net value with lower commitment. Pro only makes sense when the streaming rebates (Spotify + Netflix = $348/year) are included in the calculation.

Assuming Binance's 2% cashback applies equally to all purchases. It does not. The 2% applies only until the 250 BRL/month cap is hit (approximately $2,250/month in spending). Every purchase beyond the cap incurs the 0.9% conversion fee with zero cashback return. A user spending $5,000/month domestically pays approximately $22.50 in conversion fees on the uncapped portion while earning only $45 total in rewards - an effective rate of 0.45%, not 2%. How to avoid it: Track your monthly spending against the 250 BRL cap. If you consistently exceed it, the Binance card becomes a cost center above the cap. Switch to a card with no cap - even Crypto.com Basic at 0% rewards and 0% fees beats Binance on the portion above the cap.

Outside Brazil: Crypto.com is the only option between these two, available globally with six tiers from free Basic to the $1M Prime.

In Brazil with low domestic spending (under $2,000/month): Binance at 2% with zero commitment earns more net than Crypto.com Plus after subscription costs, and does so with no strings attached.

In Brazil with higher spending or international use: Crypto.com's 0% FX fees and uncapped higher tiers (Private 4%, Obsidian 5%, Prime 8%) deliver significantly more value. The streaming rebates and lounge access add $500+/year in lifestyle perks that Binance cannot match. At the Private tier ($50,000 CRO stake), the total annual value at $3,000/month spending exceeds $1,800 (cashback + perks) versus Binance's capped $264.

Outlook: Crypto.com's card program has survived the 2022 bear market, CRO price collapse (peak $0.97 to under $0.10), and industry-wide trust crisis - a resilience test Binance's current Brazil-only card has not faced. In 2026, Crypto.com is rolling out up to 15% travel rewards at higher tiers, further widening the perk gap. Binance has not announced plans to expand beyond Brazil or increase the 250 BRL monthly cap. For users choosing a long-term crypto card platform, Crypto.com's seven-year track record and continued feature investment favor it over Binance's single-market restart.