Bybit Card Review (English Summary)

Heads-up for Japan residents: Bybit closed Japan-resident accounts in 2023 and the Bybit Card is not available to Japan residents. This page is for international readers; Japan-based users should see RedotPay or bitFlyer Visa instead.

At-a-glance

Issuer: Bybit (via Moorwand UK, then DECTA EU)
Network: Mastercard debit
Cashback: Up to 10% in category bonuses (groceries, dining, travel), 0.5% baseline
Annual fee / Issuance: Free (virtual), GBP 5 (physical)
FX fee: 0.9-1.2% (region-dependent)
Funding coins: BTC, ETH, USDT, USDC, XRP, MNT
Regions: EU, UK, Australia, Singapore (not Japan, not US)

Key strengths

No top-up step — debit happens against your live Bybit wallet at transaction time. Rotating category-bonus structure can hit 10% on grocery or dining, which is unusually high for a crypto debit card. Mantle (MNT) staking adds a passive yield boost for users committed to the Bybit ecosystem.

Main drawbacks

Cashback caps are tight (GBP 50-100/month per category) so the 10% headline rarely translates to large absolute rebates. Issuer changed from Moorwand to DECTA in 2024 causing a 6-week service gap for existing holders — a reminder that exchange-issued cards depend on third-party issuers. Not available to Japan or US residents.

Verdict

Good secondary card for EU/UK Bybit traders who already keep working balances on the exchange. Not a fit for Japan residents in 2026. Full Japanese review: /bybit-card-review.