TL;DR
- MetaMask launched a payment card with Mastercard for users in the United States.
- The card lets people spend crypto directly from their self-custody wallet.
- The card is available nationwide and offers one percent cashback rewards.
The company behind the crypto wallet MetaMask has begun offering a payment card to users in the United States. The card lets people spend cryptocurrencies directly from their personal wallets at stores and online sites that accept Mastercard.
The product is called the MetaMask Card. It is now available nationwide, including for the first time in New York state. The card runs on the Mastercard network. The technology for the card comes from Baanx, a company that now goes by the name Monavate. Cross River Bank handles the actual issuance of the cards.
This type of payment card is described as self-custody
This means the person using it keeps control of their digital money until the moment they pay for something. With many other crypto cards, a user must first move their funds to an account managed by a company. The company then holds those funds and processes the payment.
With the MetaMask Card, the funds stay in the user’s wallet. When a person swipes the card or uses it online, the required amount of crypto is turned into regular money and sent through the Mastercard network to complete the purchase. A product manager at MetaMask said the goal is for using crypto to feel like it blends into normal buying habits.
The card comes with a rewards program
When a person buys something, they get money back in the form of a stablecoin called mUSD. Stablecoins are a type of crypto designed to hold a steady value. MetaMask issues this token. The standard cash-back rate is one percent.
There is also a version of the card made of metal. It has an annual fee of 199 dollars. For people who use this metal card, the cash-back rate goes up to three percent on the first 10,000 dollars they spend in a year.
People can also earn money on funds they are not spending. The wallet connects to lending programs like Aave. If a user holds certain assets, such as aUSDC, those holdings can generate a return.
The card includes security features that come with Mastercard products
These include protection against identity theft and a zero-liability policy for unauthorized purchases. Price protection is also part of the package.
Your digital wallet just learned how to speak IRL.Ā š¤ā°The @MetaMask Card is the bridge between your crypto and your everyday life. pic.twitter.com/grw2qNw1fO
— Mastercard (@Mastercard) February 26, 2026
The card uses technology that lets people add it to a digital wallet right away. Once a person applies and gets approved, they can put the card in Apple Pay or Google Pay and start spending immediately.
People who want the card can apply through their MetaMask wallet. They will need to complete an identity check as part of the sign-up process.
