Verified US individual Krak customers; New York, Maine, Massachusetts, and Indiana are excluded. Confirm eligibility in the app.
Key Profile Facts (Categorized)
Fee & Exchange Rate Structure
- Public Fee Summary
- Krak says there are no monthly, annual, or domestic-currency transaction fees. The US FAQ lists a 1% foreign-transaction fee, while another official spending guide says Krak adds no FX fee. These statements conflict; variable asset-conversion spreads may also apply. Krak charges no ATM fee, but the ATM operator may.
- Debit / Deduction Model
- Spend USD and supported crypto assets from a Krak account
Application Eligibility & KYC
- KYC Identity Verification
- KYC required. For verified US individual Krak customers. The physical card requires maintaining at least $200 in the account during a 30-day period.
- Officially supported regions
- Verified US individual Krak customers; New York, Maine, Massachusetts, and Indiana are excluded. Confirm eligibility in the app.
Payment Compatibility & Issuer Rails
- Card Network & Rails
- Visa; Krak says Lead Bank issues the card and Stripe manages the program
- Issuer Arrangement / Payment Rails
- Lead Bank; Stripe manages the card program; Payward Interactive operates it. The card BIN is not public, so this page does not infer it.
- Apple Pay / Google Pay
- Krak’s official card materials confirm Apple Pay support.
- Overseas AI Subscriptions
- Official materials do not specifically confirm acceptance for AI subscription merchants.
Spending Rewards & Cardholder Perks
- Cashback & Reward Rules
- As of 2026-10-11: Starter 0%; Lite (average balance from $200) 0.5%; Pro (from $1,000) 1%; Elite (from $10,000) 1.5%; Max (from $50,000) 2%. Krak has announced new thresholds and rates effective 2026-10-15; see the details below.
This is a summary of the cited public information, not a complete list of fees or regions and not a guarantee of approval or card access.
Issuing, mobile wallets and AI subscriptions
- Card network listed in the comparison source
- Visa
- Issuer arrangement / BIN
- Lead Bank; Stripe manages the card program; Payward Interactive operates it. The card BIN is not public, so this page does not infer it.
- Apple Pay
- ✅ Explicitly stated in official materials: Krak’s official card materials confirm Apple Pay support.
- Google Pay
- ✅ Explicitly stated in official materials: Krak’s official card materials confirm Google Pay support.
- AI subscriptions such as ChatGPT and Claude
- — Not specified by official sources: Official materials do not specifically confirm acceptance for AI subscription merchants.
Compatibility information for this card was verified on 2026-10-11 against the sources listed on the card profile; undisclosed items are marked "Not stated officially". Status symbols preserve source statements; "Not stated officially" does not mean unsupported, and community reports do not guarantee stable availability.
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Mobile Apps & Privacy Compliance
Independent verification of mobile client presence, global app store availability, privacy disclosures, and account deletion / data erasure rights.Mobile Clients & Official Download Channels
- Client App
- Krak: Money App & Card（Payward, Inc.）
- Web Portal Support
- Mobile App Only — krak.app is only the official site; accounts and cards are managed inside the Krak App, even desktop payments require scanning with the App, no web login found
- Apple App Store
-
App Store Official Download ↗ Excludes Mainland China; Missing key markets: Japan
- Google Play
-
▶ Google Play Official Download ↗ All 174 storefronts (Google Play does not operate in mainland China)
Data Compliance, Privacy Labels & Account Erasure
- Regulations & Rights
-
General Data Rights / Regional Regulations
Kraken US privacy notice (Payward Interactive et al., updated 2026-09-30) expressly covering Krak; includes a GLBA notice and privacy rights under California's CCPA/CPRA and 19 other states (know, correct, delete, opt out of sale/sharing); up to 2 requests per 12 months, answered within 45 days, extendable to 90; states that it does not sell personal information
- Official Privacy Policy
- Official Privacy Policy ↗
- Data Retention
- Applicable AML retention regulations (typically 5–7 years)
- App Store Privacy Label
- Used to track: Usage Data; Linked to you: 8 categories; Not linked to you: 2 categories
- Google Play Data Safety
- No third-party data sharing; Collects 9 categories; Deletion can be requested; Data encrypted in transit
- Account Deletion Flow
-
App: Account → Account details → Close account (clear funds first); closing Krak also permanently closes the linked Kraken / Kraken Pro account
Verified on 2026-10-11. App store availability and privacy disclosures are independently verified from official developer stores and privacy policies; store availability may vary dynamically by region.
The two official statements on foreign transaction fees conflict
The US Krak FAQ states a 1% foreign transaction fee, while a separate official spending article says Krak adds no FX fee. Both pages also note that asset conversion spreads can change and that ATM operators may charge separately. We keep both statements side by side; the actual cost is governed by the agreement applying to the account and the quote shown at transaction time. [2] [3]
The 2026-10-15 rewards change has not taken effect yet
The official FAQ lists both the current tiers and the new thresholds effective 15 October: after the change, most tiers require a markedly higher average balance. As of this verification the change had not yet taken effect, so the two sets of figures should not be mixed in a comparison. [4]
Frequently asked questions
Are the Krak Card (US) and the Kraken Card the same card?
No. This is a US Visa debit card issued by Lead Bank, with the card programme managed by Stripe and operated by Payward Interactive; it is a separate programme from Kraken’s European Mastercard product.
What regional restrictions apply to applying for the Krak Card (US)?
The official materials list New York, Maine, Massachusetts, and Indiana as ineligible, and Krak identity verification is required; actual eligibility is determined in the app.
Is there an extra fee for the physical card?
It is not described as a one-off application fee; instead, the user must maintain an account balance of at least $200 over a 30-day period.
What are the Krak Card (US) cashback rates?
As of 2026-10-11: Starter 0%, Lite 0.5%, Pro 1%, Elite 1.5%, and Max 2%, tiered by average account balance; the official FAQ has announced adjusted thresholds and rates effective 15 October 2026.
📜 Rules & Fee Changelog History
Continuous Tracking · Historical Evidence BaseCommunity posts
The following public X posts were selected based on whether the original is accessible and how specific the information is. They reflect personal experiences or third-party observations, not official commitments, and do not replace the official sources on this page.
No public post has yet met our criteria for specific experience details and an accessible original link. You can browse public discussion of Krak Card (US) on X; search results may change over time.
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