The details of fees and spending limits associated with Bybit Card are as follows:

 

 

• Fees
  • Case Study 1 – Foreign Exchange Fee
  • Case Study 2 – Crypto Conversion Fee
  • Case Study 3 – ATM Withdrawal Fee
  • Case Study 4 – Crypto Conversion Fee and ATM Withdrawal Fee
• Spending Limits
• ATM Withdrawal Limits
• Total Cash Limit

 

 

 

 

Fees

 

 

Notes:

— Foreign exchange (FX) Fee applies to transactions that are performed in a currency other than the currency your card is denominated in. For example, a Bybit Card is denominated in EUR for USD transactions. For details of Bybit's foreign exchange rates and fees, please refer to the Exchange Rate Information.

— The ECB Reference Rate is updated every Monday to Friday at 3 PM UTC while Master Card Reference Rate is updated daily at 6:30 PM UTC.

— Crypto Conversion Fee applies to all transactions funded with non-fiat assets in your Bybit Funding Account.​ 

— Some ATM merchants may charge an ATM Access Fee and/or may prompt currency conversion to your card currency. Do take note of this and read all instructions on the ATM screen carefully. These are the fees and services provided by the ATM service provider.

— **No fee is required for the issuance of Bybit Card until further notice.

 

 

 

 

Case Study 1 – Foreign Exchange Fee

Trader A makes a transaction of 69.80 SGD using his Bybit Card denominated in EUR. 

 

Assume that the Mastercard Exchange Rate is 1 EUR ≈ 1.41571000 SGD. The total transaction amount is calculated as follows:

 

Transaction Amount: 69.80/1.41571000 = 49.3 EUR

Foreign Exchange Fee = 49.3 EUR × 0.5% = 0.2 EUR

Total Transaction Amount = 49.3 + 0.2 = 49.5 EUR

 

In this case, 49.5 EUR will be deducted from Trader A's Funding Account.

 

Note:

You may notice that the authorized amount is slightly higher than the actual transaction amount. This is due to the 3% padding applied when freezing your funds for authorization to accommodate changes in exchange rate when the merchant completes the transaction. Any excess amount will be refunded to your Funding Account’s Available Balance.

 

 

 

Case Study 2 – Crypto Conversion Fee

Trader B makes a transaction of 100 EUR and only has USDT in his Funding Account. 

 

Suppose Bybit’s One-Click Sell Exchange Rate is 1 USDT ≈ 0.93167 EUR. The total number of Crypto for payment is calculated as follows:

 

Transaction Amount: 100/0.93167 = 107.33 USDT

Crypto Conversion Fee = 107.334 USDT × 0.9% = 0.97 USDT

Total Transaction Amount = 107.33 + 0.97 = 108.3 USDT

 

In this case, 108.3 USDT will be deducted from Trader B's Funding Account.

 

 

 

Case Study 3 – ATM Withdrawal Fee

Trader C has 200 GBP in his Funding Account.

On Day 1, Trader C intends to withdraw 60 GBP at an ATM machine.

 

Total Cash Received = 60 GBP 

ATM Withdrawal Fee = None (ATM Withdrawal Fee waived for the first 100 GBP each month)

Funding Account Balance = 200 - 60 = 140 GBP

On the same day, Trader C intends to withdraw another 110 GBP.

 

Total Cash Received =  110 GBP 

ATM Withdrawal Fee (for the first 40 GBP) = None (Trader C has already withdrawn 60 GBP, and the ATM Withdrawal Fee is only waived for 40 GBP)

ATM Withdrawal Fee (for remaining 70 GBP) = 70 GBP * 2% = 1.4 GBP

Funding Account Balance = 140 - 40 - (70 + 1.4) = 28.6 GBP

 

 

 

Case Study 4 – Crypto Conversion Fee and ATM Withdrawal Fee

Trader D has 0 EUR and 100 USDT in his Funding Account. Suppose Bybit’s One-Click Sell Exchange Rate is 1 USDT ≈ 0.93167 EUR. 

Trader D intends to withdraw 5 EUR at an ATM machine. 

Please note that there is a minimum crypto conversion amount of 10 EUR/GBP.

 

Total Cash Received = 5 EUR

ATM Withdrawal Fee = None (ATM Withdrawal Fee waived for the first 100 EUR/GBP each month)

USDT equivalent of 10 EUR = 10/0.93167 = 10.7334 USDT

Crypto Conversion Fee = 10.7334 * 0.9% = 0.0966 USDT
Total USDT converted to EUR = 10.7334 + 0.0966 = 10.83 USDT

Funding Account Balance = (100 - 10.83) USDT and (10.83 - 5) EUR = 89.17 USDT and 5.83 EUR

 

 

 

 

 

Spending Limits

Virtual and physical Bybit Cards share one spending limit, while the Virtual Card Lite will be subjected to a Lifetime Spending Limit of 150 EUR.​​

 

For example, Trader E (owns a virtual and physical card) and Trader F (owns a virtual card lite) have 1,000 EUR in their Funding Account and they spend 100 EUR using the card. Trader E can pay the remaining balance (900 EUR) with either his virtual or physical card. While Trader F can pay the remaining balance (50 EUR) with Virtual Card Lite due to the lifetime spending limit of its card. 

 

 

 

Notes: 

— You can apply for a limit increase by going to Card Dashboard → Check Limit → Request an Upgrade. Please note that if you applied for the Bybit card as a non-VIP user, you can only upgrade your limit from Tier 1 to Tier 2. If you applied as a VIP user, you can upgrade your limit from Tier 2 to Tier 3. Once you submit your request, the review process may take up to 7 business days. After submitting, please keep an eye on your email from complianceops@bybit.com.

—  Users with ongoing requests cannot request a limit upgrade.

 

 

 

 

 

ATM Withdrawal Limit

There is an ATM withdrawal limit when using a physical Bybit Card.

 

 

The ATM withdrawal limits for Bybit Card can also be found in Bybit Card Holder Terms & Conditions.

 

Notes: 

— You can apply for a limit increase by going to Card Dashboard → Check Limit → Request an Upgrade. Please note that if you applied for the Bybit card as a non-VIP user, you can only upgrade your limit from Tier 1 to Tier 2. If you applied as a VIP user, you can upgrade your limit from Tier 2 to Tier 3. Once you submit your request, the review process may take up to 7 business days. After submitting, please keep an eye on your email from complianceops@bybit.com.

— Users with ongoing requests cannot request a limit upgrade.

 

 

 

 

 

Total Cash Limit

The Total Cash Limits refers to the maximum amount of cash that a user can withdraw from an ATM, and/or transact at a quasi-cash merchant. The Total Cash Limit only applies to NL cards.

 

The Total Cash Transactions include transactions with below Merchant Category Codes

(MCCs)

1. 4829 (Money Orders, Wire Transfer) - e.g. Revolut, Wise, Paysend, Xoom, etc

2. 6011 (ATM)

3. 6012 (Financial Institution - Merchandise & Services) - e.g. Zen.com, Viber, bunq B.V, Monese

4. 6540 (POI Funding Transactions) - e.g. Skrill, N26, www.icard.com

 

 

 

Notes:

— You can apply for a limit increase by going to Card Dashboard → Check Limit → Request an Upgrade. Please note that if you applied for the Bybit card as a non-VIP user, you can only upgrade your limit from Tier 1 to Tier 2. If you applied as a VIP user, you can upgrade your limit from Tier 2 to Tier 3. Once you submit your request, the review process may take up to 7 business days. After submitting, please keep an eye on your email from complianceops@bybit.com.

—  Users with ongoing requests cannot request a limit upgrade.

 

 

 

Disclaimers:

— Bybit reserves the right to introduce or amend the Fees and Limits according to market conditions.

— Once an upgrade request is declined, you will not be able to proceed with another tier limit upgrade request.