Best Crypto Credit and Debit Cards to Travel With in Quebec

As the use of cryptocurrencies grows, companies and institutions compete to integrate blockchain-based and reliable alternatives for an ever-expanding number of cryptocurrency adopters, leading us closer to a future where these alternatives may replace traditional currencies. These institutions include banks and card issuers, who also see a need to evolve past traditional finance models.

Cryptocurrency cards typically convert crypto to its fiat equivalent at the point of sale or cash withdrawal and dole out rewards between 1-3% to its users. No other means makes travelling with and spending your crypto as easy as crypto credit and debit cards.

Suppose you’re going to travel with your crypto card. Depending on your preferences, there might be a few factors to consider, including the supported cryptocurrencies on the cards, cashback/rewards, and availability. Here are some of the best crypto cards that would make your trip stress-free.

Cryptocurrency Support

Almost all the crypto credit and debit cards support all the popular cryptocurrencies, so as long as your crypto portfolio is within the range of the standard crypto list, then pretty much all the available cards out there have you covered. However, if you have a pretty extensive cryptocurrency portfolio with more diverse coins and tokens, you should consider getting a Coinbase or Wirex-issued credit or debit card.

Cards from Wirex are known for their wide range of cryptocurrency options. With over 150 Crypto and fiat currencies available, Wirex cards offer the best variety for Crypto card users. And if Wirex does not work for you, you can always opt for a Crypto.com credit or debit card. Although they do not have as much currency support as Wirex, Crypto.com’s over 80 cryptocurrencies should be enough to cover your travel needs. You can always exchange whatever currency you have for one that’s available on Crypto.com and get an even wider selection of cryptocurrencies.

Fiat Support and Conversions

As a traveller, you never want to worry about your cryptocurrency’s acceptance in any store or country. I mean, you want to be able to pay for stuff without hassle. Crypto cards make payments at traditional outlets possible by converting your crypto directly to fiat whenever you pay for something. Many Crypto credit and debit cards support this conversion to US dollars (USD), but you may need a card supporting conversions to other fiat currencies.

Crypto.com’s Blue Visa card stands out among all the cards supporting more than just USD. This card not only supports the British pound and Australian dollar alongside the US dollar but also attracts a $0 fee on crypto-fiat conversion. Wirex is also a great option in terms of fiat support and conversions, as it supports the Euro in addition to USD and GBP. Unlike Crypto.com Blue, however, Wirex charges a 0.5-1% fee on all conversions.

Transaction and Annual Fees

Very few crypto credit and debit cards charge annual maintenance fees, so that’s not something to worry about with most issuers. Most, however, charge a percentage on all transactions. Typically, cardholders rarely have their cakes and eat them when it comes to paying fees to crypto cards. Even the cards that have zero transaction fees put a limit on transaction volume, after which you are charged. Look out for the fine print before signing up, especially with mouth-watering offers.

While crypto credit and debit cards have some of the best fees for travellers, one particular card remains the wisest choice in this regard; Coinbase. Apart from their zero annual fees, Coinbase-issued cards are not charged for transactions — meaning zero fees on whatever you pay. It, however, charges 2.49% for crypto liquidation. Coinbase cards are also linked directly to your Coinbase account, so you have the added flexibility of their entire crypto listing to swap around. On top of that, support for Apple and Google wallets has been announced.

Spending limits

Spending limits are a factor to consider whether you typically shop online or in-store with your debit and credit cards. Whether you shop online or in-store with your card, the one thing that determines how much stuff you can buy is the card issuer's spending limit. While the spending limit may vary for crypto cards, they offer more flexibility than conventional cards.

If wishes were horses, we’d probably recommend the Bitcoin Black cards, which have no spending limit, but are exclusive to just 10,000 people globally. However, if you can’t afford these UAE-based exclusive black cards' staggering requirements and annual fees, Crypto.com Visa cards will do for now. Crypto.com offers one of the best spending limits for all its users.

From their ruby steel tier cards and higher, crypto.com has a twenty-five thousand dollar daily spending limit and a ten grand limit for its Midnight Blue users. So, if you are big on spending, opting for a Crypto.com Visa card would be a great idea. Before you ask "Who needs spending limits this high", you would be surprised how common it is. Using a card for business expenses may require higher spending limits. Certain individuals who enjoy a luxury lifestyle will spend a lot of money during their nights out. Also, people called high-rollers may be looking for Canadian Blackjack Games while travelling across the country, and unlike regular casino visitors, they tend to bet larger than average amounts of money, so higher spending limits are needed. These are just some examples.

Acceptance

No matter how shiny your crypto credit or debit card may be, it is as good as useless if it isn’t accepted in the country you are visiting. Some cards are only available in some geographic regions like the EU or the US. These cards restrict your ability to spend your crypto wherever you may like to do so.

To avoid this pitfall when you travel, opt for cards not restricted to certain countries or regions. Most Crypto Visa cards like Coinbase, Crypto.com, or Wirex have this advantage as they are available anywhere Visa is accepted. Crypto.com and Wirex stand out in terms of acceptance as they support a lot of other crypto and fiat currencies.

Cashback and Rewards

One thing that resonates with many Crypto credit and debit cards is generosity. Almost all the top crypto cards offer some kind of reward or the other for patronage–albeit mainly in Crypto. Cashback for crypto cards usually ranges between 1.5-3% every time you make a payment. From cashback to welcome bonuses, paying for stuff with your crypto card is just as rewarding as paying with your conventional card.

Binance remains the best option for crypto card users who look out for cashback. Their 8% cashback reward — paid in BNB — is one of the best offers in the market. If the cashback is a crucial factor in which crypto card you adopt, then Binance cards it is.

Another incentive some crypto cards use to draw customers is their welcome bonus. Although not as common as cashback, the welcome bonus is still a great reward system. No crypto card beats Upgrade Bitcoin Rewards Visa card’s $200 welcome bonus. It can, however, only be assessed after opening a checking account and making at least three debit card transactions within 60 days.

Crypto credit cards vs. crypto debit cards

When you make purchases using a crypto credit card, you essentially borrow money from the issuer. The issuer pays for your purchases immediately, and you can repay the amount later, over a specified period, with interest.

A crypto debit card is typically linked to your wallet on the issuer's crypto platform. The card deducts transactions from your cryptocurrency balance. Additionally, you can load prepaid crypto debit cards with either crypto or fiat currency (like USD).

Final Thoughts

Now is the perfect time to consider getting a crypto credit or debit card, as many options are available, each with distinct advantages. Whether you value cashback rewards or the freedom to use crypto while on the move, we hope you find our list helpful for your next trip. Just be sure to consider multiple factors and not just focus on one. A credit card with fantastic cashback rewards is useless if it can't be used in the countries you visit or doesn't support the cryptocurrencies you hold.