Crypto payment card hands-on test: Ether.fi has the lowest overall cost, with Plasma and Backpack ranking second and third.

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Golden Finance reported that on July 12, crypto KOL Nikita disclosed that he conducted the same 9.69 euro spending test on six crypto payment cards in Europe: Ether.fi, Plasma, Backpack, Lava, Jup Mobile, and KAST. After factoring in the exchange rate, fees, and cashback, Ether.fi ranked first with an actual cost of $10.72, Plasma ranked second with an actual cost of $10.93, and Backpack ranked third with an actual cost of $11.07.
The test showed that the actual spending costs differed by about 5% among different crypto payment cards, mainly determined by foreign exchange spreads, fees, and cashback mechanisms. Ether.fi delivered consistently top performance thanks to a better exchange rate and on-chain cashback; Plasma, despite having a worse exchange rate than some newer products, stayed second by relying on 3% cashback; KAST became the highest-cost product in the test for the second time in a row due to weaker exchange-rate performance and additional fees.
ETHFI-6.02%
XPL-2.37%
LAVA-0.19%
JUP4.56%
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