Krak Raises USDG Auto Earn to 3.85%, Still Not in the EEA
The rate sits on the same balance Krak Card spends from and that sets the cashback band. In the EEA that leg of the product is not offered at all.
Articles covering Krak Card and how it compares.
Krak Card →The rate sits on the same balance Krak Card spends from and that sets the cashback band. In the EEA that leg of the product is not offered at all.
Up to 1% on payroll paid into a Krak account, capped at 250 EUR a month, EEA only, and the rate is set by assets held with Kraken rather than by the salary.
Krak Card was UK and EEA only. It opened to US customers on 19 August 2026, as a physical or virtual card, through the Krak app.
Kraken charges nothing to withdraw. Three other parties still can, and one of them is avoidable.
The card launched for UK and EU residents. What that means if you live elsewhere, or move.
Rewards can be paid in euro, sterling or BTC. The choice is a small recurring investment decision, so treat it like one.
Rewards are tiered by your average balance, not your spending. That changes who the top rate is for.
Kraken charges zero on transactions, FX and ATMs. That does not make spending free, and this is where the money goes instead.
Ordering takes minutes. The two settings worth thinking about before the first purchase are less obvious.
One purchase can draw on more than one balance. Useful, and worth setting up deliberately rather than by accident.