KOLO Card Review
A global crypto debit card (virtual Visa) that converts crypto to fiat at a low ~0.3% spread, with no monthly fees and Apple Pay support.
KOLO Card
Fee Structure
Monthly
Free
Transaction
0.32% spread
FX Fee
1%
Issuance
Free
Supported Currency
USD
Network
Arbitrum, Base, BSC, Bitcoin, Ethereum, Litecoin, Solana
The Good
- Minimal fees (no flat fees; only a ~0.3% crypto conversion spread)
- Apple Pay and Google Pay enabled for seamless mobile payments
- Enthusiastic development team and user-friendly interface
- Broad global availability across 170+ countries
The Bad
- No cashback or rewards program offered
- No physical card (cannot be used at ATMs or where physical cards are required)
KOLO Card Review
Kolo Card Benefits and Rewards
Kolo is working on a new cashback system where each transaction has a random chance of earning 0.3% to 100% back. Only active users (10+ transactions monthly) qualify; higher spending increases your chances of higher cashback. The program is still in the works but is expected to launch soon.
Kolo Card is a Visa Platinum card, which means you will automatically get access to exclusive Visa Platinum benefits like airport lounge access, hotel upgrades, car rental discounts, travel insurance (where enabled), and regional retail discounts. Just ask Kolo support for more details on how to activate them.
To create a new card, you’ll need to deposit 10 USDC. This isn’t a fee — the full amount is yours to spend, so the card is essentially free to open.