In this post:
- Bybit Card lets you choose USDC for up to 10 % cashback (capped at $150/month) alongside USDT, BTC and AVAX.
- Approved users get an instant virtual card (Apple Pay/Google Pay) and fee-free ATM withdrawals anywhere Mastercard is accepted.
- No annual fee and idle balances earn up to 8 % APY, plus 100 % partner rebates (Netflix, ChatGPT), lounge access and event perks.
Bybit, the world’s second-best crypto exchange by trading volume, has added a new cashback option, USDC, for its Bybit Card holders. Card users can now earn rewards in USDC alongside existing choices of Tether (USDT), Bitcoin (BTC), and Avalanche’s AVAX token on their everyday spending.
The feature rolled out on April 18. Approved Bybit cardholders will receive a virtual card that works with Apple Pay and Google Pay.
After logging in to their Bybit account, cardholders can visit the Card Rewards page to select USDC as their default cashback option. This setting can be changed at any time, giving users flexibility to switch between digital assets based on personal preference or market moves.
Cashback rates vary according to each user’s VIP tier. Eligible purchases can qualify for up to a 10% rebate or a cap of $150 per month. Even users in lower tiers will earn a meaningful percentage back, while top-level members benefit from the full 10% return on qualifying spend.
USDC is one of the leading stablecoins worldwide and boasts several key qualities
Each USDC token is fully backed by cash and cash-equivalent reserves and is always redeemable one-to-one for U.S. dollars. USDC transfers settle instantly with minimal cost, allowing smooth cross-border payments. Moreover, USDC is available around the clock so that it can be sent, spent, or saved at any hour without reliance on traditional banking hours.
“The Bybit Card is about crafting an inclusive experience for our diverse customers. The introduction of the USDC cashback option is tailored for cardholders, prioritizing stable returns. We are looking to expand the range of rewards as the Bybit Card continues to grow,” said Joan Han, Head of the Payment Business Unit at Bybit.
Bybit offers an instant virtual card with fee-free crypto spending
To date, Bybit has issued more than 1.7 million cards globally. Users can top up their cards with digital assets through the Bybit app, spend directly in crypto or convert on the fly when making purchases. Both virtual and physical cards are accepted anywhere Mastercard is supported, giving holders seamless access to their funds.
Bybit cardholders enjoy an instant virtual card as soon as they’re approved, ready to link with Apple Pay or Google Pay for seamless contactless purchases.
The card converts users ‘ chosen cryptocurrency on the fly while also allowing cash withdrawals at any Mastercard-accepting ATM worldwide.
There are no annual fees to worry about, and unused balances can earn up to 8 % APY, so their digital assets continue to grow even when users aren’t spending.
Throughout the year, cardholders also receive 100% rebates on select partners, such as Netflix and ChatGPT, plus perks like airport lounge access, early-bird tickets to events like Tomorrowland Brasil 2025, and other seasonal offers.
However, restrictions apply, and specific regional rewards and eligibility details can be found on the Bybit Crypto Card page.
