- [August 18, 2026] → Kraken blog — Krak Card US launch date
- [November 2025] → Kraken blog — Krak prior launch in UK and Europe
Kraken switched on the Krak Card in the United States on August 18, 2026 — about nine months after its November 2025 debut in the UK and Europe Kraken blog, letting customers pay from Bitcoin, dollars, and more than 600 other assets with a Visa debit card.
No credit check. No debt. No points to track.
The pitch is simple: spend crypto you already hold without selling it first. Kraken described the card as “the only debit card you’ll ever need,” and said it pays up to 2% cashback on everyday spending, returned in US dollars or Bitcoin once a transaction settles Kraken blog. The card is issued by Lead Bank, powered by Stripe, and runs on the Visa network, so it works wherever Visa is accepted. There are no monthly or annual fees.
A card that pays in crypto, not points
Holders can draw from more than 600 assets — Bitcoin, USDC, and traditional currencies — and use the card at 150M+ merchants across 200-plus countries Krak Card page. Customers can add the card to Apple Pay or Google Pay instantly, so spending starts before the physical card arrives. Krak has been widening its consumer lineup this year, from options trading on Kraken Pro to this card Kraken Launches BTC and ETH Options on Kraken Pro.
Kraken leans on survey data to make its case. A Morning Consult poll run for the company found that 63% of surveyed Americans said they feel behind financially, and 57% would rather see cash land in their account than collect points Kraken blog. But the Krak Card is not a bank account — balances are not FDIC-insured, a caveat printed in the same disclosure.
The open question
Spending directly from Bitcoin also exposes cardholders to price moves they would dodge by holding dollars. Whether US consumers trust a crypto firm with everyday spending is the open question — the same bet Kraken has already placed in the UK and Europe.
