Exchanges Issue Their Own Cards: Kraken vs MEXC and What It Means for Virtual Card Platforms

Audit update — 19 September 2026: This article is retained as background. Product availability, fees, licences, regions and merchant acceptance can change; use the live official page as controlling. This is not a guarantee of issuance, compliance, or payment approval. Official check: https://www.mexc.com/learn/article/what-is-the-mexc-global-card-cashback-7-apr-fees-limits-and-how-to-apply/1

MEXC Global Card: review on 19 September 2026

The MEXC section is updated to the official Learn page: the Visa Platinum virtual card launched on 31 August 2026; issuance, annual and top-up fees are zero; spending fee is 0% through 30 September 2026, then 1%. Cashback is 4%/6%/10% by VVIP/M-Score with monthly caps of 100/300/800 USDT. The 7% APR is a subscribed MEXC Earn product, not automatic yield on card balance. Limit is 80,000 USDT per transaction and 1,000,000 USDT per day; US residents cannot apply. These are current first-party terms and regional eligibility can change.

Compare Kraken, Bybit, Bitget and other products using each official page and regional eligibility. Do not treat a “zero-fee window,” maximum cashback or an old article’s estimate as a long-term cost promise. MEXC official explanation: https://www.mexc.com/learn/article/what-is-the-mexc-global-card-cashback-7-apr-fees-limits-and-how-to-apply/1