Best Crypto Cards in Spain (2026)

The CNMV (Comision Nacional del Mercado de Valores) and the Banco de Espana jointly regulate crypto in Spain. Spain was one of the first EU countries to require mandatory registration for crypto advertising, enforcing strict rules through the CNMV's 2022 Circular on crypto asset advertising.

Under MiCA, Spain benefits from the EEA-wide passporting framework. The Banco de Espana maintains a public register of virtual asset service providers. All crypto card issuers operating in Spain must either hold a Spanish VASP registration or a MiCA CASP license from another EEA member state.

Binance registered with the Banco de Espana in 2022. Crypto.com and OKX serve Spanish users through their European entities. Bit2Me, Spain's largest domestic exchange, holds Banco de Espana registration but does not currently offer a card product.

Spain also requires the Modelo 721 declaration for crypto holdings exceeding EUR 50,000, separate from card usage. Verify your issuer's Banco de Espana registration or MiCA license before applying.

Spain taxes crypto gains as savings income (rendimientos del ahorro) at progressive rates: 19% on the first EUR 6,000, 21% from EUR 6,001-EUR 50,000, 23% from EUR 50,001-EUR 200,000, and 28% above EUR 200,000. Spending crypto through a card is a taxable disposition at these rates.

Example: You bought 0.05 ETH at EUR 100 and spend it when it is worth EUR 300. The EUR 200 gain falls in the 19% bracket, costing EUR 38 in tax on a EUR 300 purchase.

No holding period exemption exists in Spain (unlike Germany or Portugal). Losses can offset gains within the same tax year and carry forward for 4 years. The AEAT (Agencia Estatal de Administracion Tributaria) has been aggressive in requesting data from exchanges since 2023.

Stablecoin spending avoids the progressive tax entirely. At EUR 6,001 in annual gains, the rate jumps from 19% to 21%, so tracking your running total throughout the year is critical.

Beckham Law note: Digital nomads and new tax residents may qualify for the Beckham Law (regimen especial de impatriados), which taxes Spanish-source income at a flat 24% and exempts most foreign income. Whether crypto card spending of assets held on Spanish-based exchanges qualifies as Spanish-source income is debated. Consult a Spanish tax advisor before relying on this exemption.

Spanish crypto card applications require a DNI (Documento Nacional de Identidad) for Spanish citizens, or a NIE (Numero de Identidad de Extranjero) for foreign residents, or a passport. You will also need proof of Spanish address (empadronamiento certificate, utility bill, or bank statement) and your NIF (Numero de Identificacion Fiscal) for tax purposes.

Digital nomad visa holders can use their NIE for crypto card registration. The NIE is issued when your visa is approved and serves as both your tax ID and residency identifier. Most EEA issuers have tested their onboarding flow with NIE-holding foreign residents given Spain's large expat community.

Verification typically completes in minutes for existing exchange account holders. Physical cards ship to Spanish addresses within 5-10 business days via Correos or private courier. Virtual cards are available immediately for Apple Pay and Google Pay use.

Stay Under the EUR 6,000 Bracket

Spain's jump from 19% to 21% at EUR 6,000 in annual gains is the critical threshold. If your total crypto gains (card spending + trading + other dispositions) approach EUR 6,000, switch to stablecoin spending for the rest of the year. USDC generates near-zero gains, keeping you in the 19% bracket. This saves 2% on every euro of gain above the threshold.

Card Selection by Use Case

• Binance (8% cashback, free): Best all-around card for exchange users, zero fees across the board
• Plutus (9% cashback, EUR 60/yr): Best for heavy spenders above EUR 500/month who maximize perks
• Crypto.com (up to 5%): Best for lounge access with Icy White/Rose Gold tiers
• KAST (2% cashback, free): Best no-fee starter for nomads just arriving in Spain

Break-Even: Plutus vs Binance

Plutus breaks even at EUR 500/month. Below that, Binance's zero annual fee wins.

Spending Scenario: EUR 1,200/month

Stablecoin spending saves EUR 219/year on a typical nomad budget. Over a 3-year visa, that is EUR 657 in avoided tax.

Local Payment Infrastructure

Contactless payments are ubiquitous across Spain, from Barcelona boutiques to beach chiringuitos in Malaga. Even small tapas bars and mercado stalls accept tap-to-pay. Bizum (Spain's mobile payment system) is bank-only and does not work with crypto cards, but Visa and Mastercard contactless works everywhere Bizum does not. For nomads traveling to Morocco, Portugal, or other non-EUR destinations, 0% FX fee cards save 1.5-3% on every transaction. Remember your Modelo 721 obligation if total crypto holdings exceed EUR 50,000.

Dominant exchange-linked cards: Binance (Banco de Espana registered, 8%), Crypto.com (up to 5%), and OKX (5% Mastercard) are the top three exchange issuers serving Spain with full regulatory compliance.

Self-custody options: Ledger CL Card, MetaMask Card, Gnosis Pay, 1inch Card, and Tria are all available for Spanish residents who want to keep their own keys.

EEA-passported issuers: Plutus (up to 9%), Wirex (up to 8% at elite tier), Nexo (2% credit-style), KAST, Bitget (8%), Bybit (up to 10% VIP), and xPlace all serve Spain through EEA licensing.

Bit2Me is Spain's largest domestic exchange with Banco de Espana registration, but does not currently offer a card product. No major international issuer has withdrawn from the Spanish market. Spain's clear regulatory framework and large digital nomad community make it one of Europe's most stable markets for crypto card access.