Card profile
COCA Card
Non-custodial (Privy smart-wallet) card, now a prepaid Mastercard issued by Wirex with 0% FX and up to 8% staking-tiered cashback across ~70 countries. Gaining ground with users who want self-custody by default.
Score
6.0 / 10
Updated 21 Jul 2026
| Issuer | COCA Wallet (issued by Wirex) |
|---|---|
| Network | Mastercard |
| Custody | self-custody |
| Available in | EU, UK, 70+ countries |
| Restricted | US |
| Virtual issuance | $0 |
| Physical issuance | $5 |
| Monthly fee | $0 |
| Conversion fee | 0% |
| FX (non-base) | 0% |
| Per-transaction limit | $5,000 |
| Daily limit | $10,000 |
| Rewards | Up to 8% cashback (staking-tiered, then 1% above monthly allowance) + up to 5% APY on balances |
What we like
- Non-custodial wallet model
- 0% conversion and 0% FX
- Up to 8% cashback (staking-tiered)
What we don't
- Newer brand, limited track record
- Smaller country footprint
- Rewards token volatility
Who it's for
COCA is for users who want a real non-custodial wallet with a card on top, not a custodial exchange that calls itself non-custodial. If you already use MetaMask, Trust, or a hardware wallet and want a way to spend your crypto without first sending it to a centralized custodian, COCA is structurally the most honest pick after Gnosis Pay. The audience skews crypto-native: people who already understand seed phrases, on-chain transactions, and the difference between custody models.
How it works
COCA is a non-custodial wallet (a Privy-powered smart-contract wallet, so no seed phrase to write down) bundled with a prepaid Mastercard issued through Wirex. When you spend, the card debits from your COCA wallet in real time; the wallet handles the conversion to fiat at point of sale. The wallet supports multiple chains and tokens, and the card draws from your chosen asset.
You still need to complete KYC for the card layer, card rails require identification regardless of wallet custody. But the funds themselves never sit in a COCA-controlled exchange wallet; they remain on-chain in addresses you control until the moment of spend. Fees are aggressive: 0% conversion, 0% FX, and free ATM withdrawals up to $200/month.
In daily use
Onboarding is wallet-first: install the COCA app, generate or import a seed phrase, then apply for the card from inside the app. KYC takes 10–20 minutes typically. Top-up isn't a separate action, your spending balance is whatever is in your wallet, in the assets COCA supports. The 0% conversion fee on in-app swaps makes it cheap to rotate stablecoins before a spend.
The app quality is closer to a wallet app than a neobank app: functional, occasionally rough at the edges, but transparent about what's happening on-chain. Power users will appreciate that; users coming from Crypto.com will find it less polished.
Things to know before signing up
Three things to know up front. One: cashback is now tiered up to 8% but gated behind staking $COCA and a monthly allowance (dropping to 1% above it), so model realised cashback as up to the headline rate, not a guaranteed return. Two: country coverage has widened to roughly 70 countries (including the UK) with card acceptance across 200+ territories, still no US; verify availability for your specific country before applying. Three: as a smaller brand, the operational track record is shorter, fewer years of incident-free history than Wirex or Crypto.com, even if those have other problems.
Verdict
Pick COCA if self-custody is important to you and you want a card from a wallet-first company rather than a custodian-first company. The 0% conversion on in-app swaps is the standout fee feature. If you don't specifically value non-custodial wallet behaviour, a more established card with stronger limits will serve you better day-to-day.