What matters most
- Crypto-funded card transactions currently carry a 0.9% conversion fee on top of Bybit EU's sell rate.
- Non-euro spending adds a 0.5% FX fee on top of Mastercard's rate.
- The published non-VIP cashback is 1% on eligible purchases, so conversion and FX costs can absorb most or all of the reward.
Facts checked against the sources listed below on 03 Oct 2026. Terms can change after publication.
Some links may generate a benefit for Galeora. Our research criteria and conclusions remain independent.
The Bybit Card fee stack
Bybit EU publishes a 0.9% crypto conversion fee when a transaction is funded with non-fiat assets. It also lists a 0.5% foreign-exchange fee on top of Mastercard's exchange rate when the purchase currency differs from the card currency.
These charges solve different problems and can apply in the same spending journey. A euro purchase funded from a euro balance is not the same as a non-euro purchase funded from crypto, so compare scenarios rather than looking for one headline fee.
ATM withdrawals and card issuance
The current Bybit EU schedule lists a 2% ATM withdrawal fee after the first €100 withdrawn each month. An ATM operator may add its own fee or offer dynamic currency conversion, which should be assessed separately.
The published schedule lists no annual, inactivity or cancellation fee. Virtual-card issuance is currently listed without a fee, while replacement or physical-card conditions can differ. Always check the live schedule before applying.
Cashback does not erase conversion costs
Bybit EU announced a flat 1% cashback rate for eligible non-VIP purchases from June 2026, with separate terms for VIP users. Excluded merchant categories, refunds and cash withdrawals do not necessarily earn rewards.
If a crypto-funded purchase incurs a 0.9% conversion fee, a 1% reward leaves little room before spreads, FX or other costs. Calculate the net result for your normal spending pattern rather than comparing the reward rate in isolation.
A simple comparison method
Start with the purchase amount, then add any crypto conversion fee, FX fee and external ATM or merchant cost. Subtract only rewards you are reasonably eligible to receive.
Repeat the calculation using a fiat balance and a crypto balance. That reveals whether the card is genuinely competitive for your intended funding method.
Frequently asked questions
Does Bybit Card charge a crypto conversion fee?
Bybit EU currently publishes a 0.9% conversion fee for card transactions funded with non-fiat assets.
What is the Bybit Card foreign-exchange fee?
The published EU schedule lists 0.5% on top of Mastercard's exchange rate for transactions outside the card currency.
Is there an annual fee?
The current EU fee schedule lists no annual fee, but terms can change and should be checked directly.
Is cashback available on every transaction?
No. Eligibility rules and excluded merchant categories apply, and refunded or reversed transactions do not qualify.
Primary sources
We prioritise product documentation and official provider publications. These links support the factual claims above; they do not determine our conclusions.