Kraken US now offers a Visa debit card, advertised at up to 2% cash back

What happened

US Kraken accounts can now open a Krak Visa debit card. The apply page title is Get your Krak card. The main button is order a virtual card. The footer says the Krak debit card is issued by Lead Bank.

The UK site has been Mastercard. The US product is Visa. Both ads say up to 2% cash back. The US apply page also adds no floor.

The page lists three points.

Up to 2% cash back, no floor. A Learn more link sits under that line. The details are on the page that opens.

Spend in 600-plus currencies. The copy says you can pay in fiat or crypto at any merchant that takes Visa.

Free. No annual, hidden, or transaction fees. Continuing means you agree to the E-Sign Consent Disclosure.

The BIN tells you which region the card is from.

US Visa 44662378 UK Mastercard 53211342

Through late July the UK product page and help centre still said the UK and the EEA. The US entry showed up on the apply page more recently. UK official copy puts the 2% cap on the Max tier of Krak Rewards, split by 30-day rolling average balances across Krak, Kraken, and Kraken Pro. New users get Max for the first 30 days. Whether the US site uses the same tiers is a Learn more question inside the app.

Kraken Card product page Krak Card page

Carddoger take

The US site now has a Visa debit card. Issuer is Lead Bank. BIN 44662378. The UK card is still Mastercard, BIN 53211342.

If you already have a US Kraken account and want to spend the balance, the apply page will order a virtual card. The page says up to 2%. The UK ad sits on top of a balance-tier table. On the US side, read the words on the page first, then open Learn more for the tiers.

Approval, limits, when cash back posts, a physical card, and Apple Pay are whatever your account shows that day. This is the user-supplied apply page plus the public Kraken and Krak product pages, not account or investment advice.