Gate Card
Gate.io · Visa
The Gate Card is a Visa debit card from exchange Gate (Gate.io) that converts digital assets (USDT, BTC, ETH, GT) to euros at any Visa merchant. Available only to EEA residents and euro-denominated, it is issued by Gate Technology Ltd, a Malta entity authorized by the MFSA as a MiCA CASP and payments Financial Institution. Custodial product with full KYC and a Gate account required: no issuance or annual fee, 0.9% crypto-to-fiat top-up, ~0.2% FX in the EEA, ATM free up to €200 then 1%. Cashback up to 5% in redeemable points.
The clause
That 5% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | 0% up to €200/withdrawal, then 1% |
| ATM withdrawal | 1% |
| FX markup | 0.2% |
| Cashback | 5% in Punti (riscattabili in USDT/GT/BTC/ETH) · Nessuno |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA · 30+ countries |
| Funding / solidity | Gate (ex Gate.io) è un exchange di criptovalute fondato nel 2013; la carta è emessa dalla controllata maltese Gate Technology Ltd, regolata dalla MFSA. |
| Estimated net annual cost | €0/year |
| Regulator | MFSA (Malta) |
| Segment | B2C |
| Funding / solidity | Gate (formerly Gate.io) is a cryptocurrency exchange founded in 2013; the card is issued by its Malta subsidiary Gate Technology Ltd, regulated by the MFSA. |
| MiCA / License status | MiCA CASP (MFSA, Gate Technology Ltd)Financial Institution MFSA (servizi di pagamento) Issued by Gate Technology Ltd, a Malta entity authorized by the MFSA as a CASP under the MiCA regulation and as a payments Financial Institution (payments license obtained in February 2026). |
Strengths
- No issuance or annual fee
- Up to 5% cashback redeemable in USDT/GT/BTC/ETH
- Regulated issuer (MFSA Malta) with MiCA CASP + payments authorization
- No notable sovereignty advantage documented.
Weaknesses
- Available only in the EEA (euro-denominated)
- Custodial: conversion and funds run through the exchange, KYC and account required
- 0.9% crypto-to-fiat top-up on every reload; top cashback tiers require large GT holdings
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Issued by Gate Technology Ltd, a Malta entity authorized by the MFSA as a CASP under the MiCA regulation and as a payments Financial Institution (payments license obtained in February 2026).): reporting to authorities and freezes on order.
Verdict
Regulated issuer under a strong framework: Gate Technology Ltd is MFSA-authorized as a MiCA CASP and payments Financial Institution, on the global Visa network. The custodial, exchange-linked nature and EEA-only availability keep it short of top marks, so protection is solid but not maximal.
Low score on the Sovereignty lens: fully custodial product, full KYC and a mandatory Gate account, with conversion and funds running through the exchange. The user has no self-custody and depends on the platform for every operation, in exchange for cashback and competitive fees.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Gate Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Google Play ↗
4.4/5
88,898 reviews
Exact count read from the structured data (aggregateRating) on the Play page for com.gateio.gateio. It covers the Gate app as a whole (exchange), not Gate Card specifically.
-
App Store ↗
4.3/5
298 reviews
Exact figures from itunes.apple.com/lookup (app id 1294998195), ITALIAN storefront: Apple counts ratings per country (5,269 on the US storefront, 848 on the German one). It covers the Gate app as a whole, not Gate Card specifically.
Weighted average across 2 public review platforms (89,196 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Where is the Gate Card available?
Only to residents of the European Economic Area (EEA); it is euro-denominated.
What does reloading cost?
No issuance or annual fee, but a 0.9% crypto-to-fiat top-up applies on every reload.
Sources
- Official service page Payment network · Cashback · Virtual · Fees · +7 Data verified on Jul 10, 2026
- blog.bcas.io Regulatory framework · Regulator Data verified on Jun 23, 2026
- crunchbase.com Founded · Azienda info Data verified on Jun 23, 2026
- todey.xyz Custodial · Kyc · Fees Data verified on Jun 22, 2026
Update history
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Double cashback (2%) the first month + $20 USDT referral
EEA residents only (not all). In the first 30 days after card activation cashback is doubled: 1% base + 1% extra = 2% total, credited in USDT after each transaction, with the extra subject to a cap. Via referral the new user gets up to $20 USDT. On €500 at 2% ≈ €10, plus a possible $20 from the invite. Virtual card only.