Kolo Card
by Kolo
- Monthly fee
- Free
- Card fee
- Free
- Top-up fee
- Not listed
- ID check
- ID verification
- Card
- Virtual + physical
- Phone pay
- Apple Pay, Google Pay
Our verdict
Kolo stands out for very low conversion fees of 0.32% and direct memecoin spending, plus a 50,000 USD daily limit that suits retail and business use. Promotional cashback and limited card features temper the offer.
What we like
- +Lowest crypto-to-fiat conversion fee in the industry at 0.32%
- +Memecoins such as PEPE spendable directly through Memepay
- +50,000 USD daily limit, above average
- +No foreign transaction fees
- +Customer service rated 9.1/10
Watch out for
- −Virtual only, so no ATM withdrawals
- −Not usable for car rentals or hotel deposits
- −The 5% cashback is promotional and standard rates are lower
- −Fees and limits not fully published
- −Newer platform that began as a Telegram bot
8.5/10
Editor score
Excellent
7.7/10
User rating
Based on 28 sources
Lv 3
KYC Level
ID verification
Global
Availability
Available worldwide
Card Overview
Rewards
- Cashback
- 2%
- Cashback Crypto
- BTC
- Staking Rewards
- —
- Staking APR
- —
- Welcome Bonus
- —
- Referral Bonus
- —
Fees
- Monthly Fee
- Free
- Card Issuance
- Free
- ATM Fee
- —
- FX Fee
- —
- Top-up Fee
- —
- Decline Fee
- —
Limits
- Daily Spend
- Unlimited
- Monthly Spend
- Unlimited
- ATM Withdrawal
- Unlimited
Card Info
- Card Type
- Physical Card, Virtual Card
- Card Network
- Visa
- Apple Pay
- Google Pay
KYC Requirements
Level: ID verification
- ✓Email verificationRequired
- ✓Phone verificationRequired
- ✓Identity documentRequired
- ✕Proof of addressNot Required
- ✕Selfie verificationNot Required
Community Sentiment
Community Score
7.7/10
Sourced from
Kolo wins users with a one-minute Sumsub KYC, smooth Apple Pay and Google Pay setup, and generous BTC cashback, which starts at a promotional 5% and falls to 1-2% with $100 monthly caps. Emerging-market users and arbitrage traders like the low fees, including 0% on stablecoins and 0.2% on IBAN withdrawals. The main criticism is strict automated AML and fraud checks that freeze accounts, with little clarity from support during compliance holds. The custody model is mixed: the wallet became non-custodial MPC in July 2026, but spending balances are held by the issuer. Adoption is strongest in South Asia, North Africa and other regions with limited banking access, helped by the Telegram mini-app. Some users question fee transparency or report sudden deactivations. Overall it offers real utility, with compliance risk for anyone relying on it as their only account.
Category Breakdown
Features
Supported Cryptocurrencies
Frequently asked questions
Does the Kolo Card require KYC?
Yes. Kolo asks for id verification before issuing the card. A government ID is checked, usually alongside email and phone.
What fees does the Kolo Card charge?
The card has a monthly fee of free, an issuance fee of free. See the fee table above for ATM and decline fees.
Does the Kolo Card work with Apple Pay and Google Pay?
Apple Pay is supported and Google Pay is supported, according to the issuer.
Which countries can get the Kolo Card?
It is available worldwide, subject to the issuer's own checks.
Which cryptocurrencies does the Kolo Card support?
The issuer does not list supported assets.
Last updated August 19, 2026, verified August 6, 2026.