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 * Rewards
 * How It Works
 * FAQ

Reserve Your Card


TUNGSTEN DEFI CARD


STAKE ETHEREUM, SPEND FIAT, AND GET REWARDED — INTEREST-FREE.

3% cash back on everything, no limits.

No interest, annual fee, or credit check.

Just deposit ETH, spend, and get rewarded.


JOIN 51,000+ RESERVATION HOLDERS NOW!

Reserve Your Card



YOU'RE IN CONTROL.

NO CREDIT CHECKS, NO ANNUAL FEES.

Your credit line is only limited by the amount of ETH you stake.

DEPOSIT ETHEREUM AND START SPENDING.

Your collateralized line of credit will be ready in seconds.

NO TAX HEADACHES. PAY HOW YOU WANT.

We don't sell your coins. Pay off your balance in fiat or stablecoins without
tax consequences. If you pay in ETH, that's still taxable, but a DeFi card
doesn't need to be paid on any specific cadence so long as your LTV is healthy.

NO INTEREST, NO GIMMICKS.

Revolve a balance without paying any interest.



?

IS THIS RISKY? CAN I LOSE MY ETH?

Only if all three of these things happen: 1) you spend beyond the safety margin
of your credit limit, 2) the value of your investment declines, and after that,
3) you don't pay your bill within terms of the Cardholder Agreement.

?

I DON'T HAVE ANY CRYPTO. CAN I USE THIS?

Yes, we will support purchasing any of our supported assets to secure a line
adequate to meet your spending needs. We will not, however, offer investment
advice regarding which assets to purchase; this decision is yours.

?

I NEVER CARRY A BALANCE. DO I NEED THIS?

Yes! However you spend today, it's likely you are not getting 3% of your
spending in rewards, other than in certain very narrow cases (e.g., a single
merchant, a single category, or up to some limit).

?

HOW IS THIS DIFFERENT FROM AN EXCHANGE CARD?

Tungsten is a DeFi card, not a debit card. Crypto debit cards require tax
reporting for every purchase; Tungsten has no tax reporting if you pay in USD or
stablecoins, or 1 per payment if you pay in crypto.

?

WHAT HAPPENS IF THE VALUE OF MY ASSET DECLINES?

A simple way to consider the ratio between spending and assets is that if you
spend 20% of the value of your assets, you can withstand an 80% decline in the
value of your assets before you are asked to pay your bill.

?

CAN I WITHDRAW MY ASSETS?

As long as the balance on your card is paid, you can withdraw your assets at any
time. Naturally, if you have no assets on your card, all further charges will be
declined.

?

WHAT HAPPENS IF I DON'T PAY MY BILL ON TIME?

Assuming your spending to asset ratio is healthy, your balance can revolve. If
you are near your spending limit and you can't pay your bill on time, enough ETH
will be sold to cover your balance, plus a liquidation penalty.

?

HOW IS THIS DIFFERENT FROM A CRYPTO LOAN?

With Tungsten, you don't pay interest. With fixed term and exchange loans, you
begin paying interest on the entire amount borrowed from the moment the loan is
drawn.

Get started


GET MORE CREDIT AND INVEST IN YOUR FUTURE AT THE SAME TIME.

Get Tungsten and unlock your assets' spending power.

Reserve Your Card

 * Terms and Conditions
 * Privacy Policy
 * Cookie Policy

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Tungsten Financial is a financial technology company, not a bank.

1. Rewards are settled after the close of a billing cycle. Your rewards will
typically be applied to your balance after your next scheduled monthly payment.
Some limitations apply. Please refer to your Cardholder Agreement for more
information.

2. Tungsten will accept Ethereum at launch, followed by Bitcoin. Other
currencies may be added in the future.