MEXC Card: Fees, Cashback Caps and Countries (2026)

The MEXC Card is a virtual Visa card from the MEXC exchange that you load with USDT from your MEXC Fiat Account. It comes in two versions: the MEXC Card (APAC) for Taiwan, the Philippines, Thailand and Vietnam, and the MEXC Global Card, launched on August 31, 2026, per MEXC. The Global Card charges 1% per purchase with no FX markup, and pays 4%, 6% or 10% cashback in USDT depending on your MEXC VVIP level. MEXC's cashback FAQ dated November 2, 2026 halves the monthly caps on the two lower levels, to 50 and 150 USDT, per MEXC. This guide covers the MEXC Card fees, how the new caps change what the cashback is worth, who can apply, and when a crypto debit card you top up from any wallet fits better.

MEXC runs two card programmes. Both are tied to an MEXC exchange account and spend USDT you move onto the card.

Sources: MEXC's Global Card guide, fees and limits comparison and countries guide.

The card doesn't spend from your trading balance. You move USDT into your MEXC Fiat Account, from Spot or Futures if needed, and then top up the card from there, per MEXC's Global Card guide. Each top-up can be 1 to 1,000,000 USDT. MEXC's card page names USDT as the asset and says a deposit is required to activate the card once it's approved.

So if your crypto sits in another wallet, or in SOL or USDC, the route is: send it to MEXC, convert to USDT if needed, move it to the Fiat Account, then load the card. Each step is inside one exchange, which is convenient if you already trade there and an extra hop if you don't.

MEXC's two cards price their spending in opposite ways. The Global Card charges a flat fee on each purchase and adds nothing to the exchange rate. The APAC card charges nothing per purchase but adds 1% when USDT converts and 1% on cross-border spending.

Source: MEXC, fees and limits comparison, September 21, 2026.

The launch waiver is over. "From October 1, 2026, the 1% transaction fee applies to Global Card purchases as normal," per the same MEXC article.

MEXC's own pages disagree on the APAC card. An earlier MEXC post from June 26, 2026 lists a 1% fee per transaction and no FX markup, per MEXC. The September comparison lists 0% per transaction, plus 1% conversion and 1% cross-border. The September figures are newer, but MEXC's card page only says "Fees vary by card type." Check the fee screen in the app before you rely on either.

"No FX markup" on the Global Card means you get Visa's rate, not the mid-market rate, and a terminal that offers to charge you in your home currency adds its own markup. Our guide to crypto card foreign transaction fees explains how to decline that at the till.

MEXC's card pages we checked don't mention ATM withdrawals, and both cards are virtual. Plan on using the card for purchases and in-store taps through Google Pay or Apple Pay, not cash.

Cashback is paid in USDT and set by your MEXC VVIP level, not by how much you spend. The same programme covers both cards, and the monthly cap is shared if you hold both, per MEXC's cashback FAQ, dated November 2, 2026.

Sources: MEXC cashback guide (September 21, 2026) and cashback FAQ (November 2, 2026).

MEXC's September cashback guide ties the levels to your M-Score: 350-599 for Standard, 600-799 for Premier and 800 or more for Elite. It says "M-Score is built from your trading volume, activity level, and security credit," and that the score "starts at 350 for every new account one day after sign-up," per MEXC. The November FAQ refers to VVIP levels but doesn't restate those score bands.

In practice, Premier and Elite rates go to people who trade on MEXC. A user who only spends on the card should plan around Standard.

Beyond the lower caps, the November FAQ changes when and where cashback lands:

• Level at settlement, not month end. Your VVIP level when each purchase settles sets its rate. The September guide used your level on the last day of the month.
• Paid within three days. Cashback goes to your Fiat Account in USDT within three calendar days of settlement (T+3), with no claim step. Before, it reached your Spot account by the 15th of the following month.
• Cap resets at midnight UTC+8. The cap resets at 00:00 UTC+8 on the first day of each month.
• Level changes mid-month. If your level rises, your remaining allowance is recalculated under the higher cap. If it drops and you've already earned more than the new cap, MEXC doesn't claw back what was paid, but you earn nothing more that month.
• Refunds take cashback back. Cashback on a refunded purchase is recovered, and the recovered amount doesn't restore your allowance. If your balance can't cover it, MEXC records an outstanding amount.

Settlement isn't the moment you tap. Our step-by-step on what happens when you tap a crypto card explains the gap between authorization and settlement.

The November FAQ excludes purchases at certain merchant category codes, forced-authorization transactions, transactions flagged by risk controls, and any part of a purchase above your remaining cap. MEXC's September guide names the categories: financial services, cash equivalents such as crypto exchanges and wallets, money transfers and prepaid loads, gambling, government payments, donations and direct sales, per MEXC.

The headline rates hide two things on the Global Card: the 1% fee on every purchase, and a cap that now fills twice as fast on the lower levels. The table works through both, using the rates and caps above.

"Most you net" is cashback minus the 1% fee at the point the cap fills. Past that point, every extra purchase costs 1% and earns nothing, so the net shrinks. A Standard user who puts 3,000 USDT a month on the card pays 30 USDT in fees and earns 50 USDT, netting 20. At 5,000 USDT a month, fees and cashback cancel out.

The practical reading for a Standard-level user: the Global Card pays best at around 1,250 USDT of eligible spending a month. Put more on it and you're paying a 1% card fee for no extra return. The APAC card has no per-purchase fee, so its cashback isn't eroded the same way, but its 1% conversion fee does a similar job.

You need an MEXC account with Advanced KYC, which means a government-issued ID and a face recognition check, per MEXC's countries guide. The card application also asks for proof of address from a supported country. MEXC says no income proof, credit check or minimum balance is required.

Where you live is decided by your paperwork. "The country that counts is the one that issued your address document," per the same guide, dated November 7, 2026.

MEXC's restricted list, current as of October 2026, has 70 entries. It includes:

• The United States
• China, Hong Kong, India and Indonesia
• Turkey, Russia, Ukraine and Belarus
• Iran, Iraq, Syria, Venezuela, Cuba and North Korea
• Cyprus, plus many small territories and islands

Residents of the EEA "currently cannot apply either, because of requirements under the EU's Markets in Crypto-Assets Regulation (MiCA)," per MEXC. Being off the list doesn't guarantee access: MEXC points to the card application page as the final word. The UK, Canada, Australia, Nigeria, Brazil and the UAE aren't on the restricted list.

SolCard is a prepaid Visa / Mastercard card. You top up from any wallet with USDT, USDC, SOL or other tokens on Solana, Ethereum, Base, Polygon and more, and spend the converted balance. It doesn't need an exchange account, a bank account or a credit check.

Sources: MEXC fees and limits and countries guide; SolCard fees and help-centre fee breakdown for the $0.30 per transaction.

Say you live somewhere both cards serve, sit at MEXC's Standard level, and spend 1,000 USDT a month across 20 purchases in a foreign currency.

• MEXC Global Card: 1% per purchase is 10 USDT. 4% cashback is 40 USDT, under the 50 USDT cap. You end the month 30 USDT ahead, before Visa's own exchange rate.
• SolCard Platinum: no top-up fee, 20 × $0.30 is $6, and the FX spread adds $0 to $15. That's $6 to $21 in costs, with no cashback, plus the one-time $10 card fee.
• SolCard Virtual: the 5% top-up adds roughly $50 on its own, before the $6 in transaction fees and a 1-2% FX spread.

On these numbers, the MEXC Global Card costs less than either SolCard tier for someone who qualifies and already holds USDT on MEXC. That changes if your M-Score falls below Standard, or if you spend well past the 1,250 USDT point where the cap fills.

• You live in the EEA or the US. MEXC's Global Card excludes both. No EEA country is on SolCard's restricted list, and in the US it offers the Virtual card. India, Indonesia and Turkey, also on MEXC's list, aren't on SolCard's restricted list either; check the supported-countries list before you sign up.
• You don't trade on MEXC. MEXC's cashback rewards trading activity through the M-Score. If you only want a card, you're paying the 1% fee for a 4% rate capped at 50 USDT, and you still need an exchange account to load it.
• Your crypto isn't USDT on MEXC. SolCard tops up straight from your wallet in USDT, USDC or SOL on several networks, with no exchange in between. Our guide to USDT cards covers the trade-offs of Tether-only cards.
• You want a physical card now. MEXC's Global Card is virtual, with a physical version only planned. SolCard Platinum ships one.

SolCard's limits are real too. It has no cashback, so on the example above MEXC comes out ahead. Platinum isn't available to US residents. Nigeria, which MEXC doesn't restrict, is on SolCard's restricted list, along with Russia, Ukraine, Belarus and Venezuela, which both cards exclude. And as a prepaid card it often fails hotel and car-rental deposit holds, so use it for purchases paid in full. The virtual cards page shows both tiers side by side.

If you already trade on MEXC, hold USDT there, and live in a country it serves, the MEXC Global Card is cheap to run: no card fee for now, no FX markup, and cashback that more than covers the 1% purchase fee up to the cap. Since the November FAQ, that cap fills at 1,250 USDT of monthly spending on Standard and 2,500 on Premier, so the card rewards moderate spenders and heavy traders more than heavy spenders. APAC users should check the in-app fee screen, since MEXC's own pages disagree.

If you're in the EEA or the US, or want to top up from your own wallet without routing everything through one exchange, SolCard is one alternative, with the costs and limits above. The OKX Card and the Binance Card are two other exchange cards worth comparing, and our best crypto debit cards list covers more.

No. The United States is on the Global Card's restricted list, per MEXC's countries guide, and the APAC card covers only Taiwan, the Philippines, Thailand and Vietnam.

Not in the EEA. MEXC says EEA residents can't apply because of MiCA requirements, and Cyprus is also on its restricted list, per the countries guide. The UK isn't on the restricted list.

The Global Card charges 1% per purchase from October 1, 2026, with no FX markup and no conversion, top-up or annual fee. Its 20 USD issuance fee is waived for a limited time. The APAC card lists 0% per purchase, 1% conversion and a 1% cross-border fee, per MEXC's fees and limits comparison.

4% at Standard, 6% at Premier and 10% at Elite, capped at 50, 150 and 800 USDT a month, per MEXC's cashback FAQ. Cashback is paid in USDT to your Fiat Account within three days of each purchase settling.

MEXC's November 2, 2026 FAQ cut the Standard cap from 100 to 50 USDT and the Premier cap from 300 to 150 USDT. Elite stays at 800 USDT. Compare the September guide with the current FAQ. MEXC says the in-app terms take precedence.

Visa. The Global Card is a Visa Platinum virtual card, per MEXC.

The Global Card works with Apple Pay and Google Pay. The APAC card supports Google Pay only, per MEXC's fees and limits comparison.

Yes. You need Advanced KYC, a government ID and a face check, plus proof of address from a supported country, per MEXC's countries guide.