The post Kraken Rolls Out Cashback Card and Salary Deposit for Krak App appeared on BitcoinEthereumNews.com.

Kraken launches a cashback debit card and salary deposit, expanding wealth tools for its Krak app to rival traditional banks. Kraken has introduced major upgrades to its Krak app. The new features include a cashback debit card, salary deposit, and increased wealth tools. Together, they hope to make Krak an attractive alternative to conventional (and neo) banks. Kraken also offers these tools as a way for people who are looking for everyday payments, and yet are still active in crypto. Krak Card Enters Europe with Multi-Asset Payments Kraken has announced the Krak Card, which is a Mastercard-powered debit card for people in the UK and Europe. It offers up to 1 percent cashback in fiat currency or Bitcoin. In addition, the card does not have any foreign exchange or monthly fees. The product supports physical format as well as virtual format. It allows for the ability to spend instantly between multiple balances in the Krak app. Moreover, the card takes in spending from more than 400 crypto and fiat assets. Krak does real-time conversions at checkout. For example, a purchase of, say, 100 pounds can be paid from cash and Bitcoin at the same time. Therefore, users have more control over the utilization of assets for day-to-day spending. Kraken executives say the product represents a step toward free-flowing value between digital and traditional money. Related Reading: Crypto News: US Crypto Exchange Kraken Moves Toward Public Listing | Live Bitcoin News The company emphasizes that the card represents the beginning of a larger rollout. More regions will be able to gain access as partnerships mature. The dual-color design is intended to facilitate dual users of digital and traditional cards. This is part of Kraken’s strategy to expand its reach in the competitive fintech world of Europe. European Wealth Tools Advance Kraken’s…

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Filed under: News - @ November 25, 2025 7:22 pm