Crypto Debit Card Test: Ether.fi Boasts Lowest Overall Cost, Plasma and Backpack Rank Second and Third Respectively
2026.07.12 12:00:47
Crypto KOL Nikita disclosed that he tested the same €9.69 transaction across six crypto debit cards in Europe: Ether.fi, Plasma, Backpack, Lava, Jup Mobile, and KAST. After accounting for exchange rates, fees, and cashback, Ether.fi ranked first with an actual cost of $10.72, Plasma came second at $10.93, and Backpack placed third at $11.07. The test found that actual transaction costs varied by roughly 5% across the cards, driven mainly by foreign exchange spreads, fees, and cashback mechanisms. Ether.fi claimed the top spot for the second consecutive test thanks to its competitive exchange rates and on-chain cashback; Plasma, while its exchange rate lagged behind some newer offerings, held onto second place via its 3% cashback. KAST, due to unfavorable exchange rates and extra fees, was the most costly product in the test for the second straight time.
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