PayitFast, rated honestly: solid on top-ups and rewards, thin on published fees

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

If you cannot get an ordinary bank card — because of where you live, your status, a thin credit history, a long queue at the branch — the whole crypto card category exists as a way around that. PayitFast is one of the newest and most interesting names in it, and it works in an unusual way: it links directly to a wallet you hold yourself, rather than parking your money on someone else’s platform. That is the genuine appeal. The problem is everything around it: the pages I could read do not tell you what the card costs, which countries it works in, or how much you can spend.

The conditions described here are current as of October 28, 2026.

Verdict: 6.9 out of 10

My score for PayitFast is 6.9 out of 10. That is not a rounding of something stronger or weaker — it is the number, and the breakdown below is where it comes from. Read it as a mid-table card with two genuinely good features (top-up flexibility, and cashback paid in USDT straight to your own wallet) sitting on top of an unusually thin published fee structure.

Who it suits: you already hold crypto in a self-custody wallet, you are comfortable picking a network and reading a transaction ID, and you want to spend that balance directly without a custodial platform in the middle. You want rewards back in USDT rather than points, and you do not mind doing your own due diligence because the card’s own site does not do much of it for you.

Who it does not suit: anyone who needs to know the annual fee, the ATM fee and the foreign-exchange markup before signing up. Anyone who needs a physical card on a predictable date. Anyone in a country not on the verification list, or with an ID from a country the issuer treats as restricted. And anyone who will be unsettled by the fact that you are your own bank — that is the trade, and it cuts both ways.

Will they give you the card?

Short answer: probably, if your country is on their verification list — and there is no published list to check. The card’s own wording is that availability “varies by jurisdiction and is subject to regulatory approval”. It adds that certain countries may be temporarily unavailable, and that if your country is missing from the verification list, onboarding is simply unavailable there. That is the whole of the official position: a country list exists, but you only see it once you are inside the app trying to register.

An unofficial figure you will see repeated — 189 countries, from DefiLlama — is not confirmed by the card and should be treated as a rough scale, not a guarantee. It tells you the service aims at a very wide market; it does not tell you whether your country is one of the 189 this month.

Here is the part worth internalising before you try: the rule is not really about where you live, it is about several things at once. Your country of residence, the country on your identity document, and the card programme’s own risk policy are all separate inputs in this industry, and a mismatch between them — living in a supported country while holding an ID from a restricted one — is a pattern that trips KYC systems across this whole category. I will come back to this in the risks section, because it is the single most common reason an application that “should” work does not.

How to get it

The route is short: identity verification happens in the app, and then you are issued a virtual Visa card. There is no branch, no paper application, no phone call.

On documents, the card is unusually explicit about what gets a rejection. Documents are turned down if they are expired, damaged, unclear, if the details do not match, or if the country is unsupported — and Support cannot manually approve or override that decision. That last clause matters more than it first reads: if your scan is poor, there is no appeal to a human. You will simply be asked again, and you may be asked for something else entirely.

What the pages do not say: which document types count, whether proof of address is required, or what the minimum age is. Across this category most providers want a government photo ID plus something showing your address, and the usual floor is 18, but I am telling you what is written, and on these three points what is written is nothing.

The card itself is a Visa. You get a virtual card; a physical one is waitlist only, with no details published about how long that is or what the queue looks like. The currency the card is denominated in is not stated — which is a strange omission for something you use in shops, and one more reason the fee picture stays opaque (more on that in the costs section).

For people who move between apps: iOS and Android are both available (App Store ID 6764277245 on iOS, co.payitfast.app on Android), with a web app at app.payitfast.com. Store ratings were not retrievable when I checked, so I cannot tell you what users rate the app or whether anyone is rating it at all.

Fees: what it really costs

This is the weakest section of the card, and I want to be straight with you about why. The pages I could read do not state the cost of anything. Not the annual fee, not the conversion fee, not the FX markup, not what an ATM withdrawal costs. If you are deciding on the basis of what is published, you are deciding on nothing.

What circulates outside the card is this, and I flag it clearly as unofficial: a 3% annual fee per DefiLlama (October 2026), and 2.2% on transactions not in USD. An earlier check of the card’s own material recorded a 0.75% crypto conversion fee per transaction. DefiLlama also notes that the pricing page differs from the card agreement — which, translated, means the number you see advertised and the number you are contractually bound by may not be the same. On a card like this, where the spread is the product, that gap is the whole story.

A 3% annual fee is real money. If you spend $2,000 on the card in a year, that is $60 before you have paid a single conversion fee. If you also pay 2.2% on every non-USD transaction, a holiday spends you a second, separate toll — and the two stack, because they are different charges on the same purchase. Add the 0.75% conversion on top and a single euro coffee can carry three separate percentages.

Three everyday payments, so this stops being abstract:

A coffee in your home currency, paid from a USDT balance. The crypto conversion charge applies. The official rate is not published — the 0.75% figure is from an earlier check of the card’s material, not from current pages. If the card is USD-denominated and you are not, the FX charge may also apply, and at the unofficial 2.2%. That is potentially nearly 3% on a small purchase, which is a large share of what you spent.

Dinner in a eurozone city. All three charges in sequence: conversion, the 2.2% non-USD charge if the card’s currency is not the euro, and whatever the network or the ATM-free path takes. On €80 that is a few euros for the privilege of paying with a card you could have paid for with cash.

An ATM withdrawal abroad. The card says “withdraw at any contactless ATM” and then says nothing about the fee or the allowance. In this category an ATM is typically the most expensive thing you can do with a crypto card — your own issuer’s fee, the ATM operator’s fee, and often a foreign-currency conversion on top. With the fee unpublished, this is the transaction to avoid entirely until you have asked support and got the number in writing.

Top up: how to fund it

This is where the card earns its marks. You do not send money to a PayitFast account. You connect a wallet you hold yourself — MetaMask, Trust Wallet, Binance Wallet, or any other self-custody wallet — and pay from it.

Supported assets are stablecoins, USDT, Bitcoin and Ethereum. That is a real answer, not a vague gesture: it means you are not forced into a custodial exchange deposit, and if you already keep funds in a self-custody wallet for other reasons, this card can spend them without moving them anywhere.

What is missing is the single most useful detail for a self-custody funding flow: the networks are not named. In practice this is the difference between a deposit arriving in thirty seconds and a deposit arriving never. Getting this wrong is the most common way to lose money in this category — send on a network the provider does not support, or to an address belonging to a different network, and the funds can be gone or need manual recovery with no guarantee. The cost is also charged by the blockchain, not by the card: gas on Ethereum, bandwidth and energy on Tron. A wallet holding USDT but no ETH cannot send at all, because the fee is paid in ETH.

There is a documented recovery path, at least: a deposit that does not arrive is handled through support, and you provide the TXID. That is a genuine mitigation — not a guarantee, but a route rather than a wall.

On the way back out: withdrawals may sit pending for compliance checks, Travel Rule requirements, network congestion, or a large-amount review. That is normal for regulated money movement and not a red flag in itself. What is worth knowing is that the promotional side of the card does not come with you out — referral rewards, cashback and bonus funds are non-withdrawable. Withdrawal fees are not stated.

Paying with it every day

The daily mechanics are conventional and mostly fine. You add the virtual Visa to Apple Pay or Google Wallet and pay by phone at a terminal. Whether any merchant categories are blocked is not stated — in this category that usually means gambling (MCC 7995), which issuers frequently block by policy rather than law, but I will not tell you PayitFast does or does not when they do not say.

What is genuinely different about this card is the rewards. You earn “up to 10% back on eligible transactions”, paid in USDT directly to your PayitFast wallet, described as immediate. Depending on which eligible asset you spend, the rate changes — so the headline is a ceiling, not your rate.

Three caveats, and the third is the important one. What counts as an eligible transaction is not defined. And the cashback is non-withdrawable: it can be spent on eligible card transactions, but you cannot take it out. So the 10% is a spending discount on future eligible purchases, not money that reaches your wallet as cash. If you spend your crypto, get 10% back in USDT, and then spend that too, it is a compounding loop that only works while you keep using the card.

Two more things you would want to know and cannot: what happens when a transaction is disputed, and how to close your account — a question people search for more than they admit. Neither is stated. A declined authorisation can also leave a hold on your funds that persists for several days, sometimes up to a week, which is worth knowing before you assume money has left your wallet for good.

What can go wrong

Five things, in rough order of how much they should worry you.

You are rejected at KYC and there is no override. Expired, damaged, unclear document; details that do not match; unsupported country — and Support cannot approve it manually. Country, residence and nationality are screened separately, so living in a supported country does not guarantee acceptance if your document is from a restricted one.

Your card gets restricted. The card states plainly that cards can be restricted for repeated declines, unusual activity, or compliance reviews. In this category that usually means the card is disabled while an investigation runs, and you are left with crypto in your own wallet and no way to spend it until it clears.

A deposit arrives on the wrong network. The networks are not named. Blockchain transfers are irreversible. This is the single largest practical risk on the card and it is entirely yours to manage.

The fees are worse than you thought. Unofficially 3% a year and 2.2% off-USD, on top of conversion — and unofficial sources note the pricing page and the card agreement disagree.

The programme disappears. This is a category risk, not a PayitFast risk. WaveCrest, which supplied several crypto card brands, was suspended by Visa in Europe in 2018 and all its Visa programmes closed. In November 2022 Visa terminated its global agreements with FTX and the FTX US debit card was wound down. Closures follow a pattern: a notice period, then loading and spending stop, then you are asked to withdraw what is left.

Who is behind it. Officially: Silverleaf E-Money Services Ltd., trading as PayitFast, incorporated in British Columbia, Canada, with FINTRAC MSB registration M23026009, supervised by the Bank of Canada under the RPAA. That is a real regulated structure, and Canada is not a light-touch jurisdiction. The issuing bank is not stated officially; per DefiLlama (October 2026), Visa issuance runs through Third National Bank — unofficial, and worth confirming yourself. No user complaints were found, and no Trustpilot page for PayitFast either, which cuts both ways: it means no noise, and it means nobody has written about it either.

I found no complaints, and I want to be honest that this is thin evidence rather than strong evidence. Absence of complaints on a service with this little public footprint tells you little. A card with no reviews is not a card with a good record — it is a card with no record.

Two smaller things. Support is a Telegram bot (t.me/payitfastbot) and email. And the roadmap — Local QR Payments, Send Money, Business — is marked “Soon”, which in this industry usually means unbuilt.

What to take instead

I have pulled the alternatives from the same scoring method, so these are comparable, not promotional.

MetaMask Card — 7.1 / 10. The strongest of the three, and the closest in spirit since it also spends directly from a self-custody wallet. Mastercard; a virtual card issued instantly, metal pre-orderable after approval, one card per user. Sign-up is open in 45 listed countries and territories with proof of residency required — a published list, which PayitFast does not offer. US and UK sign-ups are temporarily closed. The virtual card is free with no annual or maintenance fee; metal is $199/year. Fees are “minimal” per transaction with no additional MetaMask fees, and no foreign transaction fee — Mastercard’s rate applies. Networks named: Linea, Base, Monad, Solana. Cashback is 1% on Virtual in mUSD, 3% on Metal capped at the first $10,000 spent.

KAST — 6.1 / 10. The most transparent on fees, if you can afford the entry tier. Virtual and physical, up to ten cards, Visa Platinum, Infinite metal or Infinite gold. Standard costs nothing; Premium is $1,000/year and Private $10,000/year, billed annually upfront with no monthly option. What makes it worth reading: stablecoin top-up 0%, USD card spend 0%, transaction fee 0%, Apple and Google Pay 0%, FX 0.5%–1.75% depending on your country, a flat 0.10 USD on sub-25-USD non-USD transactions, and 0.50 USD for a declined payment. Cashback is 1.5% to 3% depending on tier, capped by monthly spend. The catch is the country list is not published either — it is shown at KYC — and it explicitly applies citizenship rules, including for dual citizens holding an ID from a supported country.

TokenPocket — 5.8 / 10. The weakest on the numbers here. A Mastercard/Visa debit on Arbitrum, split by region: Visa debit for a list of European countries and territories, Mastercard debit for Australia, Canada, Hong Kong, Japan, Taiwan, New Zealand, Singapore, South Korea and the UK, with the Americas marked “planned for Q2 2025” — a date that has now passed without confirmation in what I read. There is an NFT creation fee partly covered by TokenPocket where you pay “a small portion”, plus a 1% fee on depositing cryptocurrency into the card, described as refundable later via rewards or reduced transaction fees. No cashback is stated as such. Fiat24 cards are virtual.

If your problem is that no bank will give you a card, read the country lists in this table as the first filter, not the score. A 7.1 that does not cover where you live is worth less to you than a 5.8 that does.

Who I would recommend it to

I would recommend PayitFast to someone in a specific and fairly narrow position: you already run a self-custody wallet, you keep USDT or similar in it, you have concluded that a custodial exchange is not something you want to use for everyday spending, and you are comfortable treating the card as a thin interface between your own wallet and a shop rather than as a financial product with a fee schedule. If that is you, “up to 10% back in USDT, paid immediately” is a genuinely attractive mechanic, and self-custody spending is a real thing this category has been slow to deliver.

I would recommend it more cautiously to anyone who mostly pays in their own currency and spends small amounts. If the card is USD-denominated — and the pages do not say — then every local purchase may carry the 2.2% non-USD charge on top of conversion, and the arithmetic stops working at small sizes. Verify the card currency and the non-USD charge in support before you rely on it daily.

I would not recommend it, yet, to anyone who needs a physical card, needs to know their annual fee before signing up, or is applying from or with a document from a country on a restricted list. Wait for the physical card to leave the waitlist, and wait for the fee schedule to be published. Neither is a criticism of the team — they appear to be early — but you should not be the one funding the discovery.

What would move my score: a published country list, a published fee table that matches the card agreement, named networks, and a physical card that is not a waitlist. That is four concrete things. A regulator-licensed structure in Canada with Bank of Canada oversight under the RPAA is a good foundation; it is not a substitute for disclosure.

Frequently asked questions

What is PayitFast card?

PayitFast is a crypto payment card that spends directly from a wallet you hold yourself, rather than from an account held by the platform. It issues a virtual Visa you can add to Apple Pay or Google Wallet, with a physical card on a waitlist. You fund it by connecting a self-custody wallet — MetaMask, Trust Wallet, Binance Wallet or another — and paying from stablecoins, USDT, Bitcoin or Ethereum. It is operated by Silverleaf E-Money Services Ltd. of British Columbia, Canada.

How does PayitFast card work?

You connect your own wallet, transfer crypto to the card, and it converts that into a spendable balance that the virtual Visa draws on. Payments behave much like a prepaid card rather than a bank debit card, so the card can only spend what is already loaded — it cannot overdraw. The card is offered with up to 10% back on eligible transactions, paid in USDT to your PayitFast wallet immediately, though which transactions count as eligible is not defined and the cashback itself cannot be withdrawn.

Is PayitFast a bank?

No. It is an e-money business, not a bank. The company behind it is Silverleaf E-Money Services Ltd., trading as PayitFast, with FINTRAC money services business registration M23026009 and supervision by the Bank of Canada under the RPAA. An electronic money institution can hold and convert value and issue payment cards, but it does not lend, and customer funds held this way are not the same as bank deposits.

Is the PayitFast card available in my country?

Officially, availability “varies by jurisdiction and is subject to regulatory approval”, and certain countries may be temporarily unavailable. If your country is missing from the verification list in the app, onboarding is unavailable there — but no country list is published, so you can only find out by registering. Unofficial sources cite 189 countries. Residence, your identity document’s country and the issuer’s risk policy are all screened, so living in a supported country may not be enough.

How do I get the PayitFast card?

You register in the app, complete identity verification there, and receive a virtual Visa card you can add to your phone’s wallet. A physical card is waitlist only, with no published details. Documents are rejected if expired, damaged, unclear, mismatched or from an unsupported country, and Support cannot manually approve or override that. Which document types count, whether proof of address is required, and the minimum age are not stated.

Does the PayitFast card require KYC?

Yes. Identity verification in the app is a condition of using the card, which is standard for regulated financial services. The card does not publish which document types it accepts, whether proof of address is needed, or the age threshold. Across this category the usual floor is 18, and nationality is usually screened separately from residence, but treat those as category norms rather than PayitFast statements.

What does it cost to use the PayitFast card?

The card’s public pages do not state the cost — not issuance, not the annual fee, not conversion, not FX, not ATM withdrawals. Unofficial sources report a 3% annual fee and 2.2% on transactions not in USD, and an earlier check of the card’s own material recorded a 0.75% crypto conversion fee per transaction. Those figures also note a discrepancy between the pricing page and the card agreement. Confirm before you commit.

How do I top up the PayitFast card?

You pay from a self-custody wallet — MetaMask, Trust Wallet, Binance Wallet or another — using stablecoins, USDT, Bitcoin or Ethereum. The important gap is that the supported networks are not named, and sending on the wrong network can lose the funds, since blockchain transfers are irreversible. Network fees are paid on the chain, not by the card. A missing deposit is handled through support if you provide the TXID.

How do I add the PayitFast card to Apple Wallet?

You add the virtual Visa to Apple Pay or Google Wallet from the app and then pay at a contactless terminal with your phone. Apple Pay stores a device-specific number in the phone’s secure hardware rather than on Apple’s servers, and each payment uses a one-time code. Whether any merchant categories are blocked is not stated by the card; gambling is commonly restricted on cards in this category, but that is a category norm, not a PayitFast policy.

Is the PayitFast card safe?

The structure is legitimate: a Canadian-incorporated e-money business registered with FINTRAC and supervised by the Bank of Canada under the RPAA, spending from a wallet you control rather than a custodial account. The risks are practical rather than institutional — your own key loss, sending on an unsupported network, cards being restricted during compliance review, and fee levels that are not published. No user complaints were found, which is weak evidence rather than reassurance.

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