Crypto-Friendly Banks in 2026: Which US Banks Allow Crypto, and the Accounts That Come With a Card
By the MyCardCrypto team · Updated 21 October 2026 · Policies checked on 21 October 2026
Of the US banks we checked in October 2026, SoFi and Schwab are the most crypto-friendly: both sell crypto in-app. Chase, Bank of America and Wells Fargo bill credit-card crypto as a cash advance.
Best for: US savers wanting crypto beside their bank (SoFi, Schwab) or dollars with a card (KAST); Europeans wanting an IBAN (Wirex One).
Not for: buying crypto on a credit card: cash-advance fees in the US, refusals at three UK banks.
Our pick: Schwab or SoFi to hold, KAST to spend dollars, Wirex One in Europe. This is not financial advice.
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What makes a bank crypto-friendly: three tests
Monzo uses the label itself: its help page “Is Monzo crypto-friendly?” says customers “can use a range of cryptocurrency exchanges to buy crypto”. We asked three questions of every bank and app here.
- Buying: can you buy, hold and sell crypto at the bank, or at least pay an exchange?
- Two-way transfers: how much can you send to an exchange, and can coins or sale proceeds come back?
- Card rules: is crypto bought on a credit card refused, or billed as a cash advance?
On 21 October 2026 we read each bank’s card agreements, help pages, fee schedules and press releases, using archived copies where a site blocked us. We have not used these banks’ crypto features; our own experience is with crypto cards. Our editorial policy explains how we check.
Crypto-friendly banks in the USA: what each bank’s documents say
Fees and policies checked on 21 October 2026. SoFi’s site blocked us, so its figures come from archived copies dated 5–10 October 2026; Revolut’s US terms come from an archive of 26 July 2025, the latest available.
| Bank or app | Buy crypto in its app | Send coins to a wallet | Crypto on its credit card |
|---|---|---|---|
| SoFi | Yes: 1.90% falling to 0.90% with monthly volume | Yes; network fee shown before you send | Not stated |
| Schwab | Yes: bitcoin and ether, 0.75% a trade | Rolling out in phases; $5,000 a transfer | Not stated |
| PNC | Bitcoin, for eligible Private Bank clients only | Not stated | Not stated |
| Cash App | Bitcoin only: 2% falling to 0% on buys over $2,000 | Yes, bitcoin; free at standard speed | n/a: Cash App Card is a debit card |
| Chase | Through Coinbase: bank link announced for 2026 | Not stated | Cash advance: $10 or 5% |
| Bank of America | Not stated | Not stated | Cash advance: 5% fee |
| Wells Fargo | Not stated | Not stated | Cash advance: $10 or 5% |
| Capital One | Not stated | Not stated | Cash advance on No Preset Spending Limit cards |
| Ally | No: crypto funds and stocks only | n/a | Not stated |
| Revolut US | No crypto services since 3 October 2023 | n/a | Not stated |
“Not stated” means the documents we read did not cover it.
The banks that sell crypto: SoFi, Schwab and PNC
At SoFi the bank itself sells: crypto “products and services are offered by SoFi Bank, N.A., a national bank”. The fee falls with monthly volume, from 1.90% under $1,000 through 1.50% and 1.25% to 0.90% from $10,000. Swapping dollars for USDC or SoFi’s stablecoin SOFID has no trading fee.
Coins can leave, and SoFi will “calculate your fee upfront and show it to you before you submit”. Neither the coins nor SOFID are FDIC-insured. Its referral offer pays $25 to each side until 30 June 2027.
Schwab uses a separate bank. Schwab Crypto is “a cryptocurrency account held at Charles Schwab Premier Bank, SSB”, linked to a Schwab brokerage account and funded only from it. It trades bitcoin and ether at 0.75% a trade (minimum fee $0.01; orders from $1), “with zero spread”. It is not offered in New York or Louisiana, and “Not all clients will qualify”.
Sending coins out “is being rolled out in phases”. Once it is on, Schwab adds no fee beyond the network’s but allows three withdrawals a day of up to $5,000 each, and the limits “cannot be manually increased at this time”. Dollars in the crypto account are FDIC-insured up to $250,000, subject to conditions; the coins are not.
Since 9 December 2025, eligible PNC Private Bank clients can buy, hold and sell bitcoin in PNC’s online banking, on Coinbase infrastructure. The private bank serves “high- and ultra-high-net worth clients”. PNC plans other client segments later; we found no announcement of that yet.
Cash App: bitcoin only
A market buy or sell costs 2.0% up to $499, 1.5% up to $999 and 0.9% up to $1,999, plus a spread that “may be anywhere between 0% and 0.75%”. Since February 2026, buys over $2,000 carry no fee or spread.
Withdrawals to your own wallet are free at standard speed, from 0.001 BTC. Deposits of outside bitcoin are capped at $10,000 in any 7 days, and coins bought with money from an external bank account stay on the platform until that transfer settles.
Chase, Bank of America, Wells Fargo and Capital One: crypto in the card terms
Chase’s cardmember agreement (rates as of 31 March 2026) says “Cash-like transactions will be treated as cash advances” and lists cryptocurrency: $10 or 5%, whichever is greater, at a 28.49% APR. In July 2025 Chase and Coinbase announced card funding of Coinbase accounts from fall 2025 and a bank-to-wallet link “to go live in 2026”. We could not confirm either is live, or how a card top-up is billed.
Bank of America’s Unlimited Cash Rewards agreement files crypto “to the extent accepted” under Cash Equivalents, a kind of Bank Cash Advance, with a 5% fee and a 28.49–29.24% APR (rates as of 30 June 2026). Wells Fargo’s Active Cash agreement lists “Digital currencies (to the extent accepted)” as cash-like, at $10 or 5%.
Capital One names cryptocurrency a cash equivalent on No Preset Spending Limit cards; its general consumer agreement leaves crypto off that list and charges $5 or 5% for cash advances. At none of the four did we find a crypto page for debit cards or bank transfers.
No crypto: Ally, Revolut US and Juno
Ally says plainly: “We don’t currently offer cryptocurrency spot trading”, only crypto funds and stocks. Revolut’s archived US terms say that from 3 October 2023 Revolut Technologies Inc. “does not offer cryptocurrency services”.
Juno, a US crypto neobank, is shutting down; it says the collapse of Synapse and the breakdown at Evolve Bank & Trust in May 2024 “resulted in funds being frozen”.
Crypto bank accounts with a debit card
Beyond banks, these five services combine bank transfers, a crypto or stablecoin balance and a card in one app. Checked between 8 and 21 October 2026.
| Service | Where | Account details | Card | Costs we found |
|---|---|---|---|---|
| Wirex One | UK, EEA, 73 card countries; not the US | EUR IBAN, activated once; terms also cover sort codes and ACH | Visa or Mastercard debit; virtual only on Base | No card fee; incoming SEPA free |
| KAST | US, UK, EEA and more (claims 170 countries); no public list | USD details for ACH, Fedwire, SWIFT; not a bank account | Visa credit card secured by your deposit | $0 Standard; ACH in $2, SEPA 0.5% |
| Revolut | UK prices shown; no US crypto (terms archived July 2025) | Not checked: site blocked us | Crypto card: no percentage or minimum fee on spending | 1.49% on Standard; Ultra 0.49% down to 0% with volume |
| Bitpanda | Card: euro-area residents | Free euro SEPA; personal IBAN not confirmed | Visa debit; 1% back on crypto spending | 0.99–2.49% to buy; ATM 2% or €2 |
| Nexo | Card: EEA, UK, Andorra, Monaco, Argentina and other selected countries; not the US | USD, EUR, GBP accounts in your name; EUR IBAN | Mastercard, credit or debit mode | No monthly fee; FX 0.2% (EEA/UK/CH) or 2% on weekdays, more at weekends |
KAST: US account details and a card in one app
Of the five, only KAST offers US residents a card that spends a stablecoin or crypto balance. Its USD Virtual Account can receive ACH, Fedwire and SWIFT transfers, depending on your account and region, through “dedicated bank details shown in the app”.
KAST says it “is not the same as opening a traditional bank account directly with a bank”. It needs Level 3 verification (proof of address) and can need “a separate review even after the main KAST account is approved”.
Incoming transfers cost $2 by ACH, $15 by Fedwire, $30 by SWIFT and 0.5% by SEPA; sending dollars out costs $1 by ACH or $15 by wire, plus 0.08% where applicable (checked 8 October 2026). The Visa card is a credit card “secured by your deposited balance”, issued in the US by Third National; Standard costs $0 a year.
The catch: KAST’s general Terms say deposits are “sold to KAST”, while its US cardholder agreement says it will not hold custody of your collateral; an optional Self-Custody Mode keeps the dollar balance as USDC in a separate wallet. We have used a virtual KAST card on the Standard tier since spring 2026, mostly through Apple Pay; more in our KAST review.
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Wirex One: a euro IBAN beside a self-custodial wallet
Wirex One, the 2026 relaunch of Wirex, issues cards in 73 countries, including the UK and every EEA state, but not the US. Its euro IBAN and BIC are activated once, after verification; incoming SEPA is free, with no Wirex limits. The wallet is self-custodial: Wirex “does not provide custodial services in respect of your digital assets”.
The card has no monthly or annual fee. The free Base tier gets a virtual card and 0.5% cashback in dollars, redeemable up to $25 a month; plastic and higher rates depend on portfolio size and holding Wirex’s WPAY token. We used the previous Wirex app from 2021 to mid-2026; our Wirex One review covers the new one, and our self-custody crypto cards guide lists alternatives.
Revolut: UK crypto fees by plan
Revolut’s UK fee schedule (version 1.2.0, file dated 2 October 2026) charges 1.49% to exchange crypto on Standard and Plus, 0.99% on Premium and Metal, and 0.49% falling to 0% with volume on Ultra, or a minimum fee if higher. Spending “from a crypto card” and swapping pounds for stablecoins carry no percentage or minimum fee. Coins stay in Revolut’s custody; its schedule lists no custody fee.
Standard plans pay a 1% fair-usage fee on exchanges above £1,000 a month, and coin withdrawals cost £1 or £3 plus the network fee. Revolut’s site blocked us, so we could not check EEA prices.
Bitpanda: a euro-area Visa that spends crypto
Bitpanda’s Visa debit card is for euro-area residents with a verified account (its fee table also lists SEK, NOK and DKK). The card spends from your Bitpanda account, where Bitpanda holds the coins. It pays 1% cashback when you spend crypto, adds no Bitpanda FX fee on non-euro payments (Visa’s mark-up applies), has no monthly cost and charges 2% or €2 at ATMs, whichever is higher.
Buying costs 0.99% for stablecoins and bitcoin, 1.49% for other coins and 2.49% for small caps (fee document of 8 July 2026). Euro SEPA transfers are free, sending coins out costs only the network fee, and we could not confirm a personal IBAN.
Nexo: accounts in your name, a card outside the US
Nexo announced USD, EUR and GBP accounts in clients’ names on 25 November 2024; the euro IBAN is generated in the app, and SEPA Instant starts at €10 (post updated in March 2025).
The card is for residents of the EEA, the UK, Andorra, Monaco, Argentina and “other selected jurisdictions”, with no monthly, annual or inactivity fee; Nexo’s February 2026 US relaunch left it out. Nexo holds the coins; in the EEA, custody is with Tangany and DLT Finance (checked 9 October 2026). Cashback needs Credit Mode, which borrows against your crypto, and a $5,000 portfolio; see our Nexo review.
UK and EU: bank caps and the apps that sell crypto
Of the six UK banks we checked, only Starling stops crypto payments outright: it no longer supports “the buying and selling of cryptocurrencies by debit card, bank transfer in GBP, or by bank transfer in other currencies”. The other five cap payments they identify as going to exchanges. Policies checked on 21 October 2026.
| Bank | Debit card to exchanges | Bank transfers to exchanges | Credit card |
|---|---|---|---|
| Barclays | £10,000 a month, payments in and out | £2,500 a payment; £10,000 a calendar month | Barclaycard refused since 27 June 2025 |
| NatWest | £1,000 a day, £5,000 per 30 days | One limit shared with card payments; per account | Refused since February 2018 |
| Santander UK | Not stated | £1,000 a payment, £3,000 per 30 days | Not stated |
| Monzo | Within a £5,000 30-day crypto allowance | Same allowance; Binance blocked | Not stated |
| Chase UK | Declined at crypto services | Own account at an FCA-registered firm: £1,000 a day, £5,000 per 30 days | Refused |
| Starling | Not supported | Not supported | Not stated |
In the EU, several current-account apps sell crypto beside a euro balance; they differ most on whether coins can leave.
| App | Fee to buy | Coins out to a wallet | Worth knowing |
|---|---|---|---|
| bunq | 1.99% (Free plan) to 0.25% (Elite) | Not stated | Run by Kraken; sale money held 24 hours |
| N26 | 1.5% bitcoin, 2.5% other coins, 3.5% low-liquidity coins | No | Run by Bitpanda; in 7 countries |
| SwissBorg | 0.99%, partly returned in BORG | Yes: 0.10% plus network fee | An IBAN per currency; UK, Switzerland, most of the EEA; not the US |
| Deblock | 1.99%, or 0.49% on €10-a-month Premium | Yes: self-custody | French crypto and e-money licences |
| Bleap | Shown before you confirm | Self-custodial wallet | Estonian IBAN (rolling out since Q2 2026); no card for US citizens |
N26 lets you buy but not move coins: its crypto terms (version 2.2, 20 October 2026) say the service “does not support any crypto-asset transfer services”. bunq’s crypto runs through Kraken, needs an identity check and works only from euro accounts, from €1.
SwissBorg accepts money only from “a personal bank account that is registered with the same name as your SwissBorg account”. Deblock advertises 4% on Premium and Native balances (variable gross rate as of 1 April 2026); the same footnote warns that “investing in crypto-assets involves risks and may result in the loss of your capital”.
Why transfers to exchanges get blocked, and what banks tell you to do
The banks give one main reason. Barclays: “we’ve seen an increase in the number of crypto-related scams”. On credit cards Barclays adds that “a fall in the price of crypto assets could leave you with debts you can’t afford to repay”. In the documents above, payments stop for five reasons.
- You hit a limit. Monzo’s £5,000 allowance is one “which we can’t change”, and NatWest says a complaint “will not change the outcome”.
- The payee is unregistered or under a warning. Chase UK declines payments “to a service that’s not FCA registered”; Monzo and Santander stop payments to Binance, citing the FCA.
- The names don’t match. SwissBorg returns money from accounts in another name, minus a processing fee; KAST warns that wrong “names, references, or SWIFT details may delay or fail the transfer”.
- A hold applies. Cash App keeps bitcoin bought with bank money on the platform until the transfer settles; bunq holds crypto-sale money for 24 hours; Schwab makes a new withdrawal address wait at least 24 hours.
- You used a credit card. Barclaycard, NatWest and Chase UK refuse; the US issuers above charge a cash advance.
The banks’ advice is consistent.
- Check the firm first. Chase UK: “Search the company’s name on the Financial Conduct Authority (FCA) Register”. Santander: “Use the FCA’s Firm Checker”. Monzo points to the FCA Warning List.
- Open the exchange account yourself. NatWest asks you to make sure “only you opened the cryptocurrency account/wallet yourself”; Santander: “Don’t let anyone else set up a crypto wallet for you”.
- Treat pressure as a warning. If someone tells you to lie to your bank or ignore its warnings, Monzo calls it “a clear sign they’re trying to scam you”.
- If a payment is stopped and someone tells you to move the money somewhere else first, Monzo says to “assume this person is trying to scam you”.
Money coming back is treated differently: NatWest says “there’s no block or limits on payments being made to you”. We found no US bank page like these; there, the friction sits in apps such as Cash App and Schwab.
Business accounts for crypto companies
Mercury is a fintech, not a bank; its accounts sit at Choice Financial Group and Column N.A. It supports “thousands of crypto and web3 startups, DAOs, and funds”, but not “Money Services Businesses or exchanges”, and holds only fiat money. Checked on 21 October 2026.
It has no “express restrictions on buying crypto”, and its wires carry your business name, which Mercury says helps exchanges such as Gemini and Coinbase credit them.
Big-bank business cards are stricter. Wells Fargo’s Signify Business Elite terms let it deny card authorisations from “a certain type of business we do not approve, like those selling cryptocurrencies”. Barclays applies its £10,000 monthly crypto limit to business debit cards, and business transfers count toward the owner’s monthly total.
Several US banks power crypto products for other firms.
- Lead Bank issues the Phantom Cash prepaid Visa, run by Bridge, and offers fintechs “stablecoin-backed debit and prepaid card programs”.
- Cross River Bank is the US partner of the Ledger CL debit card; its crypto page advertises: “Fund or withdraw from digital wallets instantly”.
- Column N.A. builds USDC and USDT into its core banking and is one of Mercury’s banks.
- Customers Bank runs the cubiX payments network (formerly CBIT), which it says handled over $2 trillion in 2025.
How to choose: bank, app or both
Crypto-friendly banks suit different jobs, so start from what the money needs to do (figures checked 8–21 October 2026).
- Buy and hold bitcoin in the US next to your savings: Schwab charges 0.75% a trade but sells only bitcoin and ether; SoFi charges 0.90–1.90% by monthly volume. Neither insures the coins.
- Get paid in dollars and spend stablecoins: KAST gives US account details for ACH and wires, plus a Visa card.
- Live in the UK: check your bank’s crypto cap first, from £3,000 per 30 days at Santander to £10,000 a month at Barclays. Starling does not support crypto payments.
- Live in the EEA and want your own keys: Wirex One pairs a euro IBAN with a self-custodial wallet. Fine with a custodial app in the euro area: Bitpanda’s card pays 1% when you spend crypto.
- Want crypto from a card: earning it as rewards is a different product from buying it on credit; see our crypto credit cards comparison and Gemini Credit Card review.
For dollar savings in stablecoins, our USDC interest rates page compares what platforms pay. Selling or spending crypto can be taxable; our crypto card guide covers the general questions, and we don’t give tax advice.
What we could not verify
The Revolut, SoFi and Coinbase websites blocked our checks on 21 October 2026, and HSBC UK’s crypto page did not load.
Frequently Asked Questions
Which banks are the most crypto-friendly in the US?
Of the banks we checked, SoFi and Schwab go furthest: both sell crypto through a bank in their own apps and let coins leave, Schwab in a phased rollout. PNC sells bitcoin to Private Bank clients only. Apart from Chase’s Coinbase announcement, the big card issuers mention crypto only in the credit card terms we read.
What is the best crypto bank?
It depends on the job. For buying bitcoin in the US, Schwab’s 0.75% was the lowest bank fee we found. For receiving dollars and spending stablecoins, KAST works but is an app, not a bank. Of the six UK banks we checked, Barclays allowed the most: £10,000 a month.
Can I buy crypto with a credit card in the US?
At the four issuers we checked, expect cash-advance pricing where the seller takes the card. Chase charges $10 or 5% at a 28.49% APR (rates as of 31 March 2026); Bank of America 5%; Wells Fargo $10 or 5%. Capital One counts crypto as a cash advance on No Preset Spending Limit cards.
Does Chase allow crypto purchases?
In July 2025 Chase said its credit cards would fund Coinbase accounts from fall 2025, with a bank link in 2026; we could not confirm either is live. Its card agreement still bills crypto as a cash advance. Chase UK declines card payments to crypto services and allows app transfers only to your own account at an FCA-registered UK company.
Why did my bank block a payment to a crypto exchange?
UK banks cap payments they identify as going to exchanges, from £3,000 per 30 days at Santander to £10,000 a month at Barclays. Some block platforms: Monzo and Santander stop payments to Binance. A complaint may not help; NatWest says it will not change the outcome.
Is crypto held at a bank FDIC-insured?
No. SoFi says its crypto is not insured by the FDIC or SIPC, and Schwab says the same of coins in Schwab Crypto. Dollars held in a Schwab Crypto account are FDIC-insured up to $250,000 through Schwab’s bank, subject to conditions.
Which banks let you send crypto to your own wallet?
SoFi does, showing the network fee before you send. Schwab is switching transfers on in phases, up to three withdrawals a day of $5,000 each. Cash App lets bitcoin out from 0.001 BTC, free at standard speed. In the UK, Revolut charges £1 or £3 plus the network fee; in the EU, N26 does not allow transfers out.
Can a crypto company open a US business bank account?
Some can. Mercury, a fintech banking through Choice Financial Group and Column N.A., supports crypto and web3 startups, DAOs and funds, but not money services businesses or exchanges. Wells Fargo’s business card terms let it decline merchants that sell crypto, so read the card terms too.