Gate Card Midnight Review 2026

Gate Card Midnight Review

Gate Card Midnight is Gate.com's EEA-only Mastercard debit card that lets users spend USDT, USDC, BTC, and ETH from their Gate account with points-based cashback. Source

Card snapshot

Midnight is the Mastercard branch of the Gate Card program. Gate states it can be used at over 110 million merchants worldwide that accept Mastercard and that the virtual card can be used instantly without activation. Source

Eligibility and availability

Gate lists Midnight as available to compliant users in the European Economic Area (EEA). Expect standard KYC during onboarding, and verify your country in the issuer flow before applying. Source

Supported assets and spending flow

Gate lists USDT, USDC, BTC, and ETH as supported payment currencies for the card, with more to be added later. The card is linked to your Gate account, so there is no manual top-up step. Source

Payments and wallet support

Midnight supports Apple Pay and Google Pay and is described as a virtual card that requires no activation. If you rely on mobile wallets for daily spending, this matters more than the underlying network choice. Source

Fees and FX treatment

Issuance, conversion, and FX

Gate lists issuance and monthly fees as free. Card spending incurs a 0.9% conversion fee, and Midnight has an FX fee of 0.4% to 0.8% depending on settlement. Use the issuer fee schedule to determine which FX tier applies to your spend. Source

ATM withdrawals

Gate states that ATM withdrawals are supported but notes that fees and limits apply. The landing page does not publish the specific ATM fee table or limits, so treat them as issuer-defined until you see the current schedule in your account. Source

Rewards and points

Gate markets cashback in points with a 1% base rate and a 2% new-user promo. The card page also highlights a monthly cashback-in-points headline of $1,000+ and notes rewards can be redeemed in USDT, BTC, ETH, or GT. Confirm the live promo in your account before modeling long-term returns. Source

Break-even math (what your spend needs to cover)

If you assume the 0.9% conversion fee applies to all spends, your minimum fee load is 0.9%. Add 0.4% FX and total cost is 1.3%, which means 1% base cashback is net -0.3% while a 2% promo is net +0.7%. If the 0.8% FX tier applies, the total cost becomes 1.7%, which makes 1% base cashback net -0.7%. This is why the actual settlement currency and FX tier matter more than headline cashback. Source

Traditional perks audit

• Purchase protection: Not disclosed; treat as unavailable until confirmed.
• Price protection: Not disclosed; treat as unavailable until confirmed.
• Travel insurance: Not disclosed; treat as unavailable until confirmed.

Competitor comparison

Closest alternatives include the Binance Card and the Bybit Card. Use them to benchmark conversion fees, FX treatment, and wallet support in the EEA market.

Sources

• Gate Card official page
• Gate Card Midnight fees

Fees and break-even math

Annual fee: $0; FX fee: 0.8%; ATM fee: Varies. With $0 annual fees and up to 2% points-based cashback, the Gate.io Midnight card breaks even on every purchase. All numeric fee and limit figures referenced above are sourced from the issuer documentation listed below. Source: Gate.io Card Page.

Competitor comparison

Closest alternatives include the Binance Card and the Bybit Card. Compare their conversion fees and reward caps against Gate's points-based model.

Sources

• Gate.io Card Page