Fuse Card Review (2026)

by Squads Labs

Reviewed by Card Pilled Editorial · Last verified 2026-05-09

Key Facts

Cashback

0%

Annual Fee

$0

Region

US (excl. NY, AK)

Type

Debit

Network

Visa

KYC

full

Mobile Pay

Apple Pay, Google Pay

Overview

Squads Labs is the developer of Squads, a Solana multisig and smart-account protocol that originated at the 2021 Solana Season Hackathon. The company raised a $10 million Series A in 2024 led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, and RockawayX, and launched its consumer mobile wallet Fuse alongside the round.

The Fuse Card is a crypto debit card offered by Squads Labs, available in US (excl. NY, AK). There is no annual fee to hold this card.

It is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. It runs on the Visa network and requires full identity verification.

Fees & Costs

Conversion Fee

0%

FX Fee

~1% Visa cross-border

Top-Up Fee

0%

Cashback Tiers

Fuse Card cashback tiers and requirements

Tier	Rate	Requirement
Standard	0%	No cashback program

Pros

• No annual fee
• Self-custody - you control your private keys
• Zero conversion fees
• Supports Apple Pay and Google Pay

Cons

• No cashback rewards on purchases
• Only available in the United States

Note: Self-custodial Solana card via Squads Protocol, in partnership with Bridge. USDC spent directly from wallet at point of sale, no pre-loading. Virtual only (no physical card). No top-up or transaction fees per Fuse blog. Currently invite-code US only (excl. NY, AK), with international expansion in progress. 4-8% DeFi yield on USDC via Fuse Earn. Apple/Google Pay. Visa cross-border fee ~1% may apply outside US. $2K daily spend limit.

Similar Cards

Other crypto cards in the same region or category that may suit your spending profile:

• Phantom Cash Card by Phantom - 0% (rewards coming later) cashback, $0 fee, US (excl NY/AK)
• Coinbase Debit Card by Coinbase - Up to 4% cashback, $0 fee, US (excl. HI)
• Pyra Card by Pyra - 0% cashback, $0 fee, 75+ countries (incl. US)
• Fold Card by Fold - 0.5-1.5% BTC cashback, $0-$100/yr fee, US Only
• Solayer Emerald Card by Solayer - 1% + Points cashback, $10-$75 one-time fee, Global (US restricted)
• Gemini Credit Card by Gemini - 1-4% cashback, $0 fee, US Only
• Avalanche Card by Rain (via Avalanche) - 0% cashback, $0 fee, US/LATAM/Caribbean/SEA/Africa
• Venmo Credit Card by Venmo (PayPal) - 1-3% cashback, $0 fee, US Only

FAQ

What is the Fuse Card?

The Fuse Card is a crypto debit card offered by Squads Labs. It is available in US (excl. NY, AK) and allows users to spend cryptocurrency at merchants worldwide.

What are the fees for the Fuse Card?

The Fuse Card has an annual fee of $0. Additional fees: Conversion fee: 0%; FX fee: ~1% Visa cross-border; Top-up: 0%.

Where is the Fuse Card available?

The Fuse Card is available in US (excl. NY, AK). Its availability status is "US".

Is the Fuse Card a credit or debit card?

The Fuse Card is a debit card. You need to load cryptocurrency onto the card before making purchases.

Is the Fuse Card a non-custodial card?

Yes, the Fuse Card is a non-custodial (self-custody) card. This means you retain control of your private keys and your crypto is not held by a third party. Funds are only converted at the point of sale, reducing counterparty risk compared to custodial alternatives.

Does the Fuse Card support Apple Pay or Google Pay?

Yes, the Fuse Card supports Apple Pay and Google Pay for contactless payments.

Visit Squads Labs

Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level.