Bitnovo Card

Verdict

Start with the fact that reframes everything: there is no live Bitnovo payment card. Bitnovo offers no Visa or Mastercard product at all, and the card that earned the name appears discontinued. What carries the Bitnovo brand today is a crypto buy, sell and swap app, a self-custody wallet, and prepaid vouchers you redeem into that wallet. If you came for a card to spend from, this is not one.

So it suits someone who wants to buy crypto — often with cash — and hold it themselves, not someone chasing cashback or tap-to-pay. The headline take: custody is self-custodial, so you are the sole owner of your coins; there are no spend rewards; and there is no annual card fee because there is no card. The one hard gate is that you must register and pass identity verification (KYC) before any voucher becomes cryptocurrency.

No card, so no rewards

Because Bitnovo no longer offers a payment card, there is no cashback or spend-reward rate to report and no reward currency — the issuer offers neither. Do not expect the “earn X% back” mechanic other crypto cards advertise; it does not exist here. There is also no Bitnovo card to add to Apple Pay or Google Pay: those appear on Bitnovo only as ways to fund a crypto purchase, not as a card you tokenize to your phone.

Fees

There is no annual card fee to quote, again because there is no card; filing that as “free” would be misleading.

The voucher product charges fees per redemption instead: a Bitnovo fee, the distributor’s fee, and the blockchain network fee, shown to you as a single net amount at the moment you redeem. Bitnovo does not publish one flat headline rate, so the exact cost depends on the voucher and the network at redemption time. Check the netted figure before you confirm.

Custody: you hold the keys

This is the genuine strength. Bitnovo’s wallet is self-custodial: you send and receive crypto as the sole owner of your assets, and in Bitnovo’s own words, “Only you will have access to your assets without depending on third parties.” No issuer sits on your balance, and there is no card-issuing bank to name because there is no card. The trade-off is the standard one for self-custody: no third party can freeze your funds, and none can restore them if you lose access.

Availability and the KYC catch

Bitnovo’s “anonymous” reputation is where buyers get misled. You can buy a voucher for cash at over 40,000 associated points of sale across Europe with no Bitnovo account — true, but that buys only a redemption code, not crypto.

To turn that code into cryptocurrency you must be registered and have completed KYC, so the effective pre-KYC ceiling for actually obtaining crypto is zero. Verification then sets your limits:

• Basic, with KYC verification: limit up to EUR 5,000.
• Intermediate, with proof of residence: limit up to EUR 15,000.
• Advanced, with source-of-funds documentation: higher limits depending on volume.

Who it is for

Get it if you want to buy crypto with cash at a European retail point and hold it yourself in a self-custody wallet, and you accept completing KYC to redeem. Skip it if you are shopping for a spending card — rewards, tap-to-pay, an annual-fee comparison — because Bitnovo no longer has one, or if you expected to obtain crypto without ever verifying your identity. On that last point, the “no-ID” reputation is out of date.