Ether.fi Cash Card
Issued by Ether.fi on the Visa network
- KYC required
- 4% cashback
- Self-custodial
- Virtual
- Physical
A non-custodial Visa card that lets you borrow against staked ETH and other assets to spend, rather than liquidating your position — cashback paid in ETHFI, tiered by membership level.
Verdict
A non-custodial Visa card with an unusual model: instead of just spending a balance, ether.fi lets you borrow against staked ETH and other collateral with "no repayment schedule" rather than liquidating your position to spend. Cashback is tiered by membership — Core, Luxe and Pinnacle all pay 3% up to a monthly cap ($2,000 / $10,000 / $50,000 respectively) before stepping down to 1% then 0.5%, with an invite-only VIP tier reaching 4%. Rewards are paid in ether.fi's own ETHFI token, claimable roughly 7 days after a transaction clears. Ether.fi's own site doesn't clearly publish an annual fee figure — we couldn't confirm one either way, so don't assume it's free without checking directly.
- Best for: ETH holders who want to spend against their staked position without unstaking or selling, and who are comfortable with a token-denominated (ETHFI) rewards system
- Less suited to: Anyone who wants a simple flat-rate cashback card — the 3% rate is capped monthly and steps down afterward, and the borrowing model is more complex than a standard prepaid or debit card
At a glance
- Non-custodial — ether.fi's own page states you "retain full ownership and control of your funds"
- Borrow against staked ETH and other assets with no fixed repayment schedule, rather than liquidating to spend
- 3% cashback on Core/Luxe/Pinnacle tiers up to a monthly spend cap ($2K/$10K/$50K), stepping down to 1% then 0.5% beyond it
- Invite-only VIP tier reaches 4% cashback
- Visa network with Visa Signature protections (price protection, purchase protection, extended warranty) on every tier
Who can get it
Ether.fi's card page states availability "varies by region" without listing specific countries, and requires identity and eligibility checks during sign-up without detailing the exact verification standard. Confirm your own country's availability and the current KYC requirement directly with ether.fi before applying — we could not independently verify a full country list.
How it works
- Set up an ether.fi account and complete identity/eligibility checks.
- Stake ETH or hold qualifying assets through ether.fi to reach a membership tier (Core, Luxe or Pinnacle; VIP is invite-only).
- Spend on the card either from available balance or by borrowing against your staked position — borrowing has no fixed repayment schedule, per ether.fi's own description.
Strengths and trade-offs
Strengths
- Non-custodial by ether.fi's own description — you keep control of the underlying assets
- Borrow-against-stake model lets you spend without unstaking or selling ETH
- 3% cashback is competitive with top custodial cards, at least up to the monthly cap
- Visa Signature benefits (purchase/price protection, extended warranty) on every membership tier
- Wide asset support — ether.fi states 250+ assets and 30+ currencies
Trade-offs
- 3% cashback is capped monthly ($2,000–$50,000 depending on tier) and falls to 1% then 0.5% after that
- Annual fee isn't clearly published on ether.fi's own page — we could not confirm whether the card is genuinely free
- Cashback is paid in ETHFI, so its real-world value moves with the token's own price, and isn't claimable for about 7 days
- Borrowing against staked assets carries the usual liquidation-risk considerations of any collateralized credit line, even without a fixed repayment schedule
- Country availability isn't clearly published — confirm eligibility before assuming you qualify
| Issuer | Ether.fi |
|---|---|
| Card network | Visa |
| Card type | Virtual, Physical |
| KYC requirement | Full identity verification required |
| Cashback | 3% up to a monthly cap ($2K/$10K/$50K by tier), then 1% then 0.5%; invite-only VIP tier reaches 4% |
| Annual fee | Not clearly published by ether.fi — not independently confirmed |
| Custody model | Self-custodial |
| Supported assets | ETH, USDC, USDT |
Every figure above was checked against Ether.fi's own card page on 2026-09-15. Terms, fees and rewards change frequently — confirm current details directly with the issuer before applying. We publish no star ratings of our own and take no payment for placement. This is not financial advice.
Common questions about the Ether.fi Cash Card
Is the ether.fi Cash card custodial or self-custodial?
Ether.fi describes it as non-custodial — their own card page states you "retain full ownership and control of your funds," with spending and borrowing built against assets you hold rather than a balance the company custodies.
How does the borrowing feature work?
Ether.fi lets you borrow against staked ETH and other qualifying assets to fund spending, describing it as having "no repayment schedule" rather than requiring you to sell or unstake your position — though as with any collateralized credit line, your collateral remains at risk if its value falls significantly.
What's the real cashback rate?
Core, Luxe and Pinnacle tiers all pay 3% up to a monthly spend cap ($2,000 for Core, $10,000 for Luxe, $50,000 for Pinnacle), then step down to 1% and 0.5% beyond that. An invite-only VIP tier reaches 4%. Cashback is paid in ETHFI, ether.fi's own token.
What network is the card on?
Visa, with Visa Signature-level cardholder protections (price protection, purchase protection, extended warranty, auto rental insurance) included on every membership tier.
Is there an annual fee?
Ether.fi's own card page does not clearly publish an annual fee figure. We could not independently confirm one way or the other — check directly with ether.fi before assuming the card is free.
New to crypto cards? Read what is a crypto card? for how self-custodial cards like this one actually work.