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Hyperbeat Pay Card

VisaSelf-custodyKYC fullsecured credit

Hyperbeat Pay is a self-custodial Visa card on Hyperliquid's HyperEVM, issued by Third National, that spends a stablecoin balance (Cash Mode) or borrows against crypto collateral (Credit Mode). The virtual card is free; cashback is 0.2% to 1.0% paid in WHYPE, with 3% to 12% on capped spend for heavy Hyperbeat traders.

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49Card Score, #21 of 36
−$15You keep a year
D52Trust points of 100
84%Key fields with a source

Plans side by side

Standard
Price
Monthly priceFree2,6No monthly fee in the fee list; virtual card issuance is free
Yearly priceFree2,6No annual fee in the fee list
Virtual card feeFree6
Staking needed04No staking or minimum deposit needed for the base cashback rate
Other requirementsIdentity verification; not a US citizen (card terms); live in a supported country1,7,9Card terms say the card is for people outside the US, while the help centre lists some US states; see availability
Rewards
Cashback0.2%4Base rate on all card spend; four boosters of +0.20 pt each raise it to 1.0%; separate trader tiers 3-12% on capped spend
Paid inWHYPE (wrapped HYPE), calculated in USD4Paid automatically within 48 hours of the transaction clearing
Earns onAll card spend, net of refunds; credit and cash mode earn the same4
No cashback onATM withdrawals, wire transfers and financial-instrument purchases16Exclusion list is from a review, not the issuer's cashback articleNot confirmed by the issuer
VestingNone stated; paid within 48 hours of clearing4
PerksVisa Signature benefits (help centre article), Visa Airport Companion app access (help centre article), Agent cards with controlled limits for automated spending (review)20,16Perk articles were seen as titles only, not opened
Fees
FX fee1%3,2Issuer states 0.4% to 1% over Visa's rate; 1% is the top of the range. Paymentscan measured about 1.57% gross on one tiny PLN purchase (see tests). Card terms allow up to 3% FX plus up to 3% cross-border
Top-up feeFiat: ACH 0.12% + $0.25; Fedwire 0.12% + $18; SWIFT 0.12% + $35; SEPA 0.2% + EUR 1. Crypto: network cost only10Crypto deposit fees not stated by the issuer
ATM fee0.65%2Plus $1 per withdrawal; ATM operators may add their own fee
ATM fixed fee$12Balance inquiry and declined ATM transaction cost $0.60 each; ATM use is blocked in North Korea, Iran and Myanmar
Decline fee$0.62Applies to declined ATM transactions; no decline fee for purchases is listed
Limits
Spend limit a month$100,0005,2Default and maximum per card; the user can only lower it. In credit mode the available limit is also capped by collateral value

Real payments

FX markup paidPaymentscanAbout 1.57% gross over the rate on a single PLN 1.20 purchase (about 1.32% after 0.25% cashback); one tiny test, not a published rate15

What someone actually paid, which can differ from the advertised fee. Each test is one payment or a few, so treat it as a signal.

What you keep

Rewards you can spend$24 paid in a volatile token, counted at 95%+$23
FX fee on foreign spend−$38
Net a year, Standard plan−$15

$1,000 a month, 20% in a foreign currency, no staking. Change

Trust

Licence and regulator7 of 25

Card is issued by Third National under a Visa licence, but no licence or regulator for it or for Hyperbeat's operator, Zoeion Ltd Corporation (Panama per a third party), is published.1,13,17

Custody and fund protection14 of 20

Self-custodial wallet with Turnkey key recovery and published audits; Hyperbeat says it cannot freeze funds. Spending relies on an operator settlement allowance, and Credit Mode collateral can be liquidated automatically.11,13,16

Incidents in the last 24 months16 of 20

No hack, freeze or shutdown found in the sources checked. The cashback scheme was restructured in Aug-2026.4

Track record and verified volume5 of 15

Launched around Jan-2026 and has about $3.7M of all-time volume on Paymentscan across 1,638 addresses.15

Published fees and terms6 of 10

The help centre publishes ATM, FX, cashback and fiat deposit fees, but the card terms allow FX and cross-border fees up to 3% each, and the issuer's pages disagree on the card limit (5 or 20).1,2,6

Support and user sentiment4 of 10

In-app chat, email and a help centre exist, but the App Store rating is 2.8 from only 5 ratings.14,1

Company

Legal entityZoeion Ltd Corporation (app developer listed as Beater FND)1,14
HeadquartersPanama17Third-party record; the issuer's pages give no country
Websitehyperbeat.org19
X@hyperbeat19

Issuer and licence

Card issuerThird National1,13Named in the issuer's card terms and Terms of Use. A third-party BIN lookup points to a different name (Nimbus); the issuer's own documents were used
Program managerHyperbeat (Zoeion Ltd Corporation)1
NetworkVisa1,19
Card levelVisa Signature17Third-party record; the help centre has a Visa Signature benefits article

The card

Statuslive8,14Virtual card is issued in the app; physical card is listed as coming soon
Launched2026-0115Per Paymentscan; the issuer does not state a launch date
Typesecured credit1,18Card terms read like a credit card (0% purchase APR, late-payment fees) but Cash Mode spends your own stablecoin balance and Credit Mode borrows against your collateral
FormsVirtual8,6Physical card listed as coming soon; no metal card mentioned
Custodyself-custody11,13Credit Mode collateral sits in escrow smart contracts
How custody worksWallet is created at sign-up, keys handled through Turnkey with email recovery and key export; Hyperbeat says it cannot freeze or move the wallet. Spending is settled by an operator within an on-chain allowance11,16Settlement detail is from a review
KYCfull9
KYC documentsPassport (preferred), national ID or driving licence; selfie liveness check; proof of address in some regions9
KYC timeAbout 2 minutes if documents are correct9
Minimum ageAdult of legal age in the country of residence13
Settles inUSD5Cash Mode limit equals your USD balance
Card currenciesUSD2,3Non-USD purchases carry an FX fee

Funding

Crypto acceptedUSDCUSDTBTCETHSOL14,12Credit Mode collateral list is set by Hyperbeat and also includes HYPE and other assets per reviews
ChainsHyperEVMBitcoinEthereumSolana12,15Native BTC, ETH and SOL deposits on their own chains; withdrawals go to HyperEVM as UBTC, UETH or USOL
Fiat top-upACHUS wireSWIFTSEPA10Fiat is converted to USDC in the vault per Terms of Use; SWIFT was under maintenance during a Paymentscan test
Deposit feesACH 0.12% + $0.25; Fedwire 0.12% + $18; SWIFT 0.12% + $35; SEPA 0.2% + EUR 110
Spends fromCash Mode: USD balance in your Liquid Bank account; Credit Mode: stablecoins borrowed against your collateral5,13

Payments

Apple Pay8,15
Google Pay8,15
Blocked merchantsCash-like transactions (foreign currency, wire transfers, crypto, lottery, casino chips, betting, P2P transfers) may be limited; internet gambling can be denied. Cash advances and balance transfers are not available1

Where it works

RegionsLatin AmericaAsia-PacificUnited StatesEurope (EEA)7
Excluded countriesCA-ONCA-ON13Terms exclude Ontario, Canada; another help article lists regions where the card is not available

Account

Local accountsUSD (ACH, Fedwire), EUR (SEPA)10Fiat deposit rails; whether a personal account number is issued was not checked
Yield on balance8%15USD+ savings vault advertises up to 8% APY, variable and not guaranteed; the issuer's USD+ article was not read
Crypto loansYes13,18Credit Mode borrows stablecoins via third-party lending protocols against collateral; interest set by the protocol, no grace period
OtherSavings vault USD+; trade integration with Hyperliquid18,15

Security

Freeze card20Help centre has an article on blocking or freezing a lost card; article not opened
Two-factorPasskey sign-in with email verification19,14
AuditsIndependent audits of the account contracts, reports on GitHub (0xhyperbeat/Audits); reviews name Zellic and Nethermind11,16Audit firm names are from a review

App

App Store rating2.814Only 5 ratings
App Store ratings514SpendNode counted 4 earlier
App StoreOpen in App Store14
LanguagesEnglishSimplified ChineseSpanishFrenchIndonesianKoreanBrazilian PortugueseTurkish14
Web app18Docs describe signing up and configuring the card from the Hyperbeat Pay page
SupportIn-app chat (Beater Support)support@hyperbeat.orgHelp centre (help.hyperbeat.org)1,13

Adoption

On-chain spend, all time$3,713,00015Paymentscan total volume with 89,441 transactions across 1,638 addresses

Referrals

User referralsYes20Help centre lists a sign-up bonus article (the campaign ended Aug-24, 2026) and referral links exist; terms not read
Affiliate programYes20Help centre lists an article 'How does the affiliate program work?'; not opened

Incidents and changes

Aug 2026Cashback restructured to a 0.2%-1.0% everyday rate with boosters plus 3%-12% trader tiers on capped spend, paid in WHYPE (issuer help article dated Aug-06, 2026).4fee change

More details

Everyday cashback boostersBase 0.20%. Add 0.20 pt each for holding $1,000 USD/USD+, holding $10,000, spending $1,000 in the last 30 days, spending $10,000: maximum 1.00%4
Trader cashback tiers (rolling 30-day Hyperbeat trading volume)$1M: 3% on up to $3,300 spend; $5M: 5% up to $10,000; $10M: 8% up to $12,500; $25M: 10% up to $25,000; $50M+: 12% up to $41,700. Higher of trader or everyday rate applies per dollar; no stacking4
Purchase APR0% on purchases; the terms say interest may be introduced later with notice1
Other card fees in the termsLate payment up to $40; returned payment up to $29; liquidation penalty up to $35 (listed in the disclosures, marked reserved in section 6.1); fees can change on 30 days' notice. Card terms allow FX up to 3% and cross-border up to 3%, higher than the help centre's 0.4%-1%1
Credit ModeBorrow stablecoins against collateral; loan-to-value and liquidation thresholds are set by the lending protocol; liquidation may happen automatically without notice and any shortfall stays with the user; borrowing interest is variable with no grace period13,16
Maximum virtual cards5 per the fee article, 20 per the issuance article; the issuer's pages disagree2,6
Dispute window60 days after the charge posts1
Governing law and disputesPuerto Rico law; AAA arbitration in New York; class actions waived1
Suspension rightHyperbeat or the issuer can suspend or cancel card access at any time, with or without cause or notice1

Quick answers

What does the Hyperbeat Pay Card cost?

The Standard plan: Free a month, — for a physical card.

How much cashback does the Hyperbeat Pay Card pay?

0.2% on the Standard plan, paid in WHYPE (wrapped HYPE), calculated in USD.

What is the Hyperbeat Pay Card FX fee?

1% on the Standard plan.

Is the Hyperbeat Pay Card custodial?

Self-custody. Wallet is created at sign-up, keys handled through Turnkey with email recovery and key export; Hyperbeat says it cannot freeze or move the wallet. Spending is settled by an operator within an on-chain allowance

Is the Hyperbeat Pay Card available in the US, the UK and the EEA?

US: not stated. UK: not stated. EEA: not stated.

How much do you keep with the Hyperbeat Pay Card?

−$15 a year on the Standard plan at $1,000 a month with 20% in a foreign currency, after every fee.

Sources

  1. Hyperbeat Spend Card Terms (effective Nov-27, 2025), issuer, Nov-05, 2026
  2. Help centre: rates and fees for consumer cards (Mar-18, 2026), issuer, Nov-05, 2026
  3. Help centre: FX rate on purchases (Mar-18, 2026), issuer, Nov-05, 2026
  4. Help centre: how cashback works (Aug-06, 2026), issuer, Nov-05, 2026
  5. Help centre: spending limit, issuer, Nov-05, 2026
  6. Help centre: cost to issue a virtual card, issuer, Nov-05, 2026
  7. Help centre: countries where Hyperbeat Pay is available, issuer, Nov-05, 2026
  8. Help centre: how to get a card (Dec-16, 2025), issuer, Nov-05, 2026
  9. Help centre: identity verification, issuer, Nov-05, 2026
  10. Help centre: fees for fiat deposits, issuer, Nov-05, 2026
  11. Help centre: can Hyperbeat steal, freeze or lock my funds, issuer, Nov-05, 2026
  12. Help centre: native crypto deposits, issuer, Nov-05, 2026
  13. Hyperbeat Terms of Use (last updated Mar-01, 2026), issuer, Nov-05, 2026
  14. Hyperbeat Pay on the App Store, app store, Nov-05, 2026
  15. Hyperbeat on Paymentscan, paymentscan, Nov-05, 2026
  16. SpendNode review of Hyperbeat Pay (affiliate site; August 2026 test), other, Nov-05, 2026
  17. UCard Radar: Hyperbeat Pay (Sep-14, 2026), other, Nov-05, 2026
  18. Hyperbeat docs: Hyperbeat Pay, issuer, Nov-05, 2026
  19. Hyperbeat home page, issuer, Nov-05, 2026
  20. Help centre: Liquid Banking - Hyperbeat Pay article list (titles only), issuer, Nov-05, 2026

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