Cryptocurrency exchange MEXC has launched its Global Card, a Visa-backed payment product that allows eligible users to spend USDT while earning cashback and potential yields. The card became available on August 31, 2026, extending the platform’s zero-fee approach from trading into everyday payments.

According to Paymentscan data, crypto card spending reached approximately $759 million in July 2026, about 2.5 times the volume recorded a year earlier. The growth has increased focus on payment costs and capital efficiency among users of digital assets.

Cashback Rates and Yield Features

Cardholders can earn between 4% and 10% cashback in USDT on purchases. After card activation, users unlock a base rate of 4% by enabling the MEXC VVIP Standard tier. Higher rates become available as an individual’s M-Score increases through activity such as Earn subscriptions, trading, and platform tasks.

Monthly cashback is capped at up to 800 USDT, with lower caps applying at intermediate tiers. Cashback is calculated based on the user’s VVIP level at the end of each month and credited to the spot account on the 15th of the following month. Certain merchant categories and refunded transactions are excluded from rewards.

In parallel, cardholders may subscribe eligible USDT to a flexible savings product via MEXC Earn and receive annualized returns of up to 7%. The yield applies only to subscribed balances and is calculated separately from spending cashback. Funds can be redeemed without a lock-up period.

Fee Structure and Network Support

The card carries no issuance fee, annual fee, or top-up fee. All purchases incur zero fees from launch through September 30, 2026. After the promotional window, purchase rates begin from as low as 1%. Transactions settle at Visa’s exchange rates, and MEXC applies no additional markup, though foreign-exchange fees under Visa’s standard rules may still apply for certain currencies.

Built on Visa’s global acceptance network, the card works wherever Visa is accepted and supports Apple Pay and Google Pay for contactless payments. It is funded with USDT held on the MEXC platform and operates as a virtual card that can be used immediately after approval.

Spending Limits and Activation

Users may spend up to 80,000 USDT in a single transaction and up to 1,000,000 USDT per day. These limits are higher than those on MEXC’s separate APAC card, which remains a distinct product with its own fee structure.

Applicants must complete advanced identity verification before applying. The application process itself takes approximately one to two minutes. Once approved, the virtual card is ready for immediate use. A referral program offers 20 USDT to eligible referrers and 10 USDT to new users.

Eligibility and Regional Restrictions

The Global Card is available only to eligible users in supported regions. U.S. residents are excluded under current restrictions, along with residents of several other countries including China, India, Indonesia, Turkey, and Russia. Eligibility is determined by proof of address, and availability remains subject to local regulations.

The product sits alongside MEXC’s existing card offerings rather than replacing them. Eligible users can apply through the exchange’s official Global Card page.