Morse Card vs PENGU Card
Crypto native
Crypto native
Verdict
- PENGU Card scores higher overall (7.3 vs 7.2 out of 10).
- Morse Card is clearly stronger on: Custody & security.
- A full annual cost comparison is not possible yet because some fees are not disclosed or not yet researched.
Morse Card is a good fit for
- People who want to keep control of their keys
- Frequent travellers
Stronger on: Custody & security
PENGU Card is a good fit for
- No specific audience can be derived from the published data yet.
★ Our pickEditorial choice · score unchanged · Affiliate link
Neither card is our pick. The card we recommend instead:
Crypto native · ether.fi
Why we recommend it
- 3% cashback in ETHFI on up to $2,000 of spend a monthConditions apply
- 5.35% variable interest on your balanceConditions apply
- No annual or monthly fee on the base tierConditions apply
- Extras on the base tier: airport lounge access, travel / rental car insurance, purchase protectionConditions apply
- Self-custody: funds stay in your own walletConditions apply
Conditions apply; the review lists them with sources.
Score by criterion
| Criterion | Morse Card | PENGU Card |
|---|---|---|
| Fees | – | 100 |
| Cashback & rewards | – | 51 |
| Availability | 100 | 100 |
| FX & international | 100 | – |
| Product features | 70 | 70 |
| Custody & security | 95 | 60 |
| Credit & financing | – | – |
| Limits & ATM | – | – |
| Transparency | 100 | 100 |
| Best for Cashback | n/a | 6.7 |
| Best for Travel | 7.7 | 6.7 |
| Best for Self-Custody | 8.0 | n/a |
| Best for DeFi Users | 7.1 | 6.5 |
| Best for High Spenders | n/a | 6.2 |
| Best for Low Fees | n/a | 8.0 |
| Best for Beginners | 7.7 | 8.4 |
Conditions apply, e.g. only for the base tier, up to a monthly cap or in some countries. Tap a value with * (or hover over it) to see them.
Product
Product status
ActiveShow source
ActiveShow source
Card type
Prepaid card, Debit cardShow source
Stablecoin cardShow source
Network
VisaShow source
VisaShow source
Custody model
Self-custodyShow source
CustodialShow source
Card issuer / program manager
Lead Bank; programme manager Bridge Ventures LLCShow source
KASTShow source
Tiers / plans
Standard · Premium · PrivateShow source
Fees
Annual fee
FreeConditions apply: tap or hover for detailsShow source
Free tier; $1,000/year and $10,000/year tiers
FX fee
0%Conditions apply: tap or hover for detailsShow source
Stated for transfers/exchange at the real exchange rate
Cashback & rewards
Base cashback
1.5%Conditions apply: tap or hover for detailsShow source
Free tier
Max cashback
3%Conditions apply: tap or hover for detailsShow source
$10,000/year tier
Interest on balance
3%Conditions apply: tap or hover for detailsShow source
Earn Wallet; shown for US and Mexico
12%Conditions apply: tap or hover for detailsShow source
Up to; Reserve account, 8% on Free tier
Cashback-eligible spend cap
$2,000/monthConditions apply: tap or hover for detailsShow source
Monthly eligible spend on the Free tier; $10,000 and $40,000 on higher tiers
Reward exclusions
Some merchant categoriesShow source
Availability
Available in
GlobalConditions apply: tap or hover for detailsShow source
150+ countries
GlobalConditions apply: tap or hover for detailsShow source
170+ countries
Account / spend currencies
USD · EUR · MXN · BRLConditions apply: tap or hover for detailsShow source
Account details for receiving
Own IBAN / bank details
YesConditions apply: tap or hover for detailsShow source
Account details for receiving payments
Features
Apple Pay
YesShow source
YesShow source
Google Pay
YesShow source
YesShow source
Physical card
YesShow source
Virtual card
YesShow source
ATM withdrawals
YesShow source
Spendable assets
BTC · ETH · USDC · USDTConditions apply: tap or hover for detailsShow source
Crypto wallet deposits; spending from Morse balance
USDT · USDC · PENGUConditions apply: tap or hover for detailsShow source
Plus 25+ other coins and stablecoins on 10+ chains
Security & custody
Regulation / licences
US Money Services Business · MiCA CASP authorised by AFM Netherlands (41000005) · NMLS ID 2639252Show source
Annual cost at 1,500 EUR/month
Morse Card
- Annual & monthly feesunknown
- FX costs+0 EUR
- Crypto conversion–
- ATM costsunknown
- Cashbackunknown
- Net annual valuenot enough data
PENGU Card
- Annual & monthly fees+0 EUR
- FX costsunknown
- Crypto conversion–
- ATM costsunknown
- Cashback+270 EUR
- Net annual valuenot enough data
Assumes 300 EUR foreign spend and 100 EUR ATM per month, base tier only. Use your own numbers