RedotPay vs Nexo
Two custodial cards. RedotPay is a no-cashback travel Visa with broad top-ups and triple mobile wallets; Nexo is a free Mastercard with Credit/Debit modes and loyalty cashback.
Quick verdict
Both are custodial. RedotPay is a simple travel utility — broad asset top-ups, Apple/Google/Samsung Pay, 100+ country ATM reach — but ~1.2% FX plus a 1% top-up and no cashback. Nexo is free with more going on: Credit/Debit modes, 40+ collateral assets, cashback up to 2% NEXO / 0.5% BTC, and ≈0% FX at Gold+ in Europe.
Side-by-side
| RedotPay | Nexo | |
|---|---|---|
| FX Fees | ~1.2% FX + 1% crypto conversion at top-up | EEA/UK 0.2%–0.7% · RoW 2%–2.5% (≈0% at Gold+) |
| Payback | No standard ongoing cashback | Up to 2% NEXO or 0.5% BTC (Credit mode) |
| Annual Fee | $10 Virtual · $100 Physical | Free — no monthly/annual/inactivity fees |
| Physical Card | Plastic Visa + virtual | Virtual + physical (physical needs ≥$5k & Gold tier) |
| Custody | Custodial | Custodial |
| Supported Currencies | BTC, ETH, USDT, USDC, SOL + 20 more across many networks | 40+ cryptos accepted as collateral |
| Region | 100+ countries, 5M+ users | EEA, UK + select European countries |
Verdict by dimension
Cashback
Nexo wins — up to 2% NEXO / 0.5% BTC vs RedotPay's none.
FX Fees
Region-dependent — RedotPay ~1.2% plus a 1% top-up; Nexo tiered, ≈0% at Gold+ in Europe (2–2.5% elsewhere).
Mobile wallets
RedotPay wins — Apple, Google and Samsung Pay vs Nexo's Apple and Google Pay.
Flexibility
Nexo wins — Credit/Debit and 40+ collateral vs RedotPay's straight spend.
Reach
RedotPay wins on ATM breadth (100+ countries).
Choose RedotPay if…
you want the broadest asset top-ups and all three mobile wallets, and don't need cashback.
Choose Nexo if…
you want a free card with cashback, Credit Mode and broad collateral, especially in Europe.