Metamask & Mastercard: Crypto Card for the Elite?

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Metamask and Mastercard have launched the Metamask Card nationwide in the United States, including New York for the first time, introducing a metal tier and onchain cashback rewards.

Mastercard Powers Metamask Card Expansion to All 50 States

Mastercard and Consensys announced the general availability of the Metamask Card across the United States on Thursday, marking the product’s first availability in New York. The card connects users’ self-custodied digital assets to regulated payment infrastructure, allowing them to spend crypto anywhere Mastercard is accepted.

Following a pilot unveiled at ETHDenver 2025, the Metamask Card is now live nationwide. The expansion includes residents of New York, who were previously unable to access the product.

The launch also introduces a premium Metal version of the card, priced at $199 annually. The metal tier offers enhanced physical design and higher cashback rewards, positioning it as a more exclusive option for frequent users.

The Metamask Card is powered by Baanx, now operating as Monavate, and runs on Mastercard’s global payments network. It is issued by Cross River Bank. The card can be used online, in-store, and through Apple Pay and Google Pay, offering access to more than 150 million merchants worldwide.

Unlike many crypto-linked cards that require users to preload funds onto custodial exchange accounts, the Metamask Card is self-custodial. Users retain control of their digital assets in their wallet until the moment of purchase, when assets are converted for payment through a streamlined authorization process.

Gal Eldar, Product Lead at Metamask, said the goal is to make crypto spending seamless in daily life. “We designed MetaMask Card to make crypto disappear. Not go away, but become so seamlessly woven into daily life that the line between onchain and offchain fades away entirely,” Eldar said, noting that global users have already used the card for purchases ranging from coffee to major life events.

Sherri Haymond, global head of digital commercialization at Mastercard, said the expansion reflects efforts to connect decentralized finance (DeFi) with traditional payments infrastructure. She said the companies share a vision of enabling secure crypto spending wherever Mastercard is accepted.

Key features include onchain rewards of up to 1% back in mUSD for standard cardholders and up to 3% back on the first $10,000 spent annually for Metal cardholders. Users may also earn yield on unspent balances through integrations with decentralized finance ( defi) protocols such as Aave.

The card includes security features such as Mastercard ID Theft Protection, Zero Liability protection, and Price Protection. Through Mastercard Digital First technology, approved users can access the card almost instantly and add it to mobile wallets for immediate use.

The release further noted that the Metamask Card is also available in Argentina, Brazil, Canada, Colombia, European Economic Area countries, Mexico, Switzerland, and the United Kingdom, with additional markets expected to follow.

FAQ 🔎

  • What, pray tell, is the Metamask Card?
    The Metamask Card is a self-custodial crypto payment card that allows users to spend digital assets through the Mastercard network. Or, as your grandmother would say, “It’s a card, dear, but with more blockchain.”
  • Is the Metamask Card available in New York?
    Yes, the card is now available nationwide in the U.S., including New York residents for the first time. Because nothing says “exclusivity” like a card that’s finally allowed in the Empire State.
  • What rewards does the Metamask Card offer?
    Standard users earn up to 1% back in mUSD, while Metal cardholders can earn up to 3% back on eligible annual spending. Because who doesn’t want to feel like a VIP while their crypto earns interest?
  • Who issues the Metamask Card?
    The card is issued by Cross River Bank and operates on Mastercard’s global payments network. Because even banks need to keep up with the times-or at least the trends.

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2026-02-26 19:31