Updated September 29, 2026 · SumCue Editorial Team
Nexo vs Vexi
Nexo
Vexi
Higher score in this comparison
What sets them apart
| Compare | NexoReviewVisitVisit | VexiReviewVisitVisit |
|---|---|---|
| Annual fee | €0 | MX$0 |
| APR | from 1.9%Lower | 43.38% to 75.76% |
| Rewards rate | Up to 2% crypto cashback in NEXO Tokens, or 0.5% in BTC at Platinum tier, on purchases in Credit Mode | up to 5% |
| Perks | Free ATM withdrawals up to EUR 2,000 / GBP 1,800 per month at Platinum tier, then 2% fee (min EUR/GBP 1.99), Apple Pay and Google Pay supported, Interest earned on unspent funds (Nexo Loyalty Program, up to 13% per year), Accepted at over 100 million merchants globally, Virtual card activated instantly with 50 USD balance; free shipping for physical card above 5,000 USD balance at Gold tier or higher, No monthly, annual or inactivity card fees | Purchase protection, Travel assistance, Telemedicine |
| Currency conversion fee | 0.2% to 2.5% | Not confirmed |
| Cashback rate | 0.5% to 2% | Not confirmed |
| Regulators | Not confirmed | Comision Nacional Bancaria y de Valores (CNBV) |
Same on both: Rewards type (Cashback), Card kind (Credit).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Vexi scores higher overall: 9.0 vs 8.9.
- Nexo is licensed in 5 more countries.
- Nexo is available in 35 more countries.
- APR is lower at Nexo: from 1.9% vs 43.38% to 75.76%.
- Perks: only Nexo offers Free ATM withdrawals up to EUR 2,000 / GBP 1,800 per month at Platinum tier, then 2% fee (min EUR/GBP 1.99), Apple Pay and Google Pay supported, Interest earned on unspent funds (Nexo Loyalty Program, up to 13% per year).
- Perks: only Vexi offers Purchase protection, Travel assistance, Telemedicine.
- Features: only Nexo offers Multi currency, Crypto, Virtual card.
- Features: only Vexi offers Rewards.
Our verdict on each
Nexo
Nexo suits businesses and crypto users who want a multi-currency card, with monthly and annual card fees of €0 and €0. The trade-off is tier-based cashback, foreign exchange costs, and custodial holding of supported crypto.
Vexi
Vexi suits spenders in Mexico seeking cashback without a yearly charge, as annual fee of MXN 0 keeps fixed costs at free while rewards add value on spending. Borrowing costs apply through APR of 43.38% to 75.76%, so paying in full each cycle matters for households watching budgets closely.
Score breakdown
| Area | Nexo | Vexi |
|---|---|---|
| Cost | 9.2Monthly and annual card fees are €0 and €0, while foreign exchange costs are 0.2% to 2.5%. | 9.2annual fee of MXN 0 keeps fixed costs at free, though APR of 43.38% to 75.76% matters for revolvers |
| Offer | 9.2HigherThe card supports crypto cashback, multi-currency use, virtual cards, travel, Apple Pay and Google Pay. | 9.1cashback of cashback with rewards of up to 5% plus cover via purchase protection, travel assistance and telemedicine |
| Trust | 8.3 | 8.8Higheroversight from Comision Nacional Bancaria y de Valores (CNBV) supports confidence in card operations and handling |
Positions in our rankings
| Ranking | Nexo | Vexi |
|---|---|---|
| Credit and debit cards | 10 of 1594 | 17 of 1594 |
| Credit cards | 2 of 421 | 5 of 421 |
Licences and countries
| Country | Nexo | Vexi |
|---|---|---|
| Argentina | Not confirmed | |
| Australia | AUSTRAC (Australia) DCE100843695-001 | Not confirmed |
| Hong Kong | Companies Registry (Hong Kong) TC007556 | Not confirmed |
| Mexico | Not confirmed | |
| Poland | Ministry of Finance (Poland) RDWW-533 | Not confirmed |
| Seychelles | Not confirmed | |
| United States | Not confirmed |
Additional countries for Nexo: 36. Additional countries for Vexi: 1.
If neither fits
Finmercado ES has apr at 0% to 36%, against from 1.9% for Nexo and 43.38% to 75.76% for Vexi.
Finmercado ES reviewEvery fact side by side
| Fact | Nexo | Vexi |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Multi currency, Crypto, Virtual card, Custodial, Travel | Rewards |
| Audience | Business | Not confirmed |
| Legal entity | DiPocket UAB | Not confirmed |
| Founded | 2018 | Not confirmed |
| Support channels | Chat, Email, Help centre | Not confirmed |
Crypto wallets
| Fact | Nexo | Vexi |
|---|---|---|
| Wallet type | Mobile | Not confirmed |
| Custody | Custodial | Not confirmed |
| Coins supported | 100 | Not confirmed |
Where each stands against the rest
| Fact | Nexo | Vexi | Median |
|---|---|---|---|
| APR | from 1.9%lowest quarter | 43.38% to 75.76%highest quarter | 11.635 |
| Currency conversion fee | 0.2% to 2.5%below the median | Not confirmed | 1 |
| Cashback rate | 0.5% to 2%above the median | Not confirmed | 1.5 |
Median across 486 listed providers.
Pros and cons
Nexo
Pros
- No monthly or annual card fees: €0 and €0.
- Crypto cashback is available in NEXO Tokens or BTC at Platinum tier in Credit Mode.
- Multi-currency use, virtual cards, travel, Apple Pay and Google Pay are supported.
Cons
- Foreign exchange costs are 0.2% to 2.5%, which may add to overseas spending.
- Supported crypto is held in custodial custody under custodial.
- Cashback and ATM terms depend on card tiers, so lower tiers receive less favourable benefits.
Vexi
Pros
- Free ownership with annual fee of MXN 0, lighter than DKB with fees of €29.88
- Cashback rewards of cashback with rewards of up to 5% for eligible spending
- Added lifestyle cover through purchase protection, travel assistance and telemedicine for shopping and travel peace of mind
Cons
- Borrowing carries APR of 43.38% to 75.76%, which proves costly where balances revolve across billing cycles
- Support runs on email, chat and help centre only, which limits choice at moments when voice help feels urgent
Who each suits
Nexo
Who it suits
- Businesses seeking a multi-currency card with no monthly or annual card fees.
- Crypto users comfortable with crypto cashback and custodial custody.
- Travellers who want Mastercard, virtual-card, Apple Pay and Google Pay support.
Who should look elsewhere
- bunq may suit readers whose stated foreign exchange fee range is 0.5% to 3%.
- Varo Believe Secured Credit Card may suit readers focused on a card with a stated monthly fee of $0.
- Wise may suit readers looking for a different everyday money platform, with a stated monthly fee of £0.
Vexi
Who it suits
- Shoppers who value cashback over Kraken while weighing fees of €0 in comparisons
- Budget holders who favour free ownership over DKB with fees of €29.88
- Digital users at ease with email, chat and help centre rather than eToro style platform help
Who should look elsewhere
- Readers who often revolve balances and dislike APR of 43.38% to 75.76% may compare DKB before committing
- Readers who want voice support beyond email, chat and help centre may prefer Kraken as a comparison point
Country by country
| Country | Nexo | Vexi |
|---|---|---|
| Argentina | Yes | No |
| Australia | Yes | No |
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
8 of 37 countries where either is available.
Questions about each
Nexo
What are the Nexo card fees?+
Nexo lists a monthly card fee of €0 and an annual card fee of €0. Its published perks also state that there are no monthly, annual or inactivity card fees.
What is the currency conversion fee?+
Foreign exchange fees are 0.2% to 2.5%. The exact amount can therefore vary, so overseas purchases and ATM withdrawals may cost more than transactions made in the card's base currency.
Vexi
What does Vexi charge each year for card ownership?+
Vexi charges annual fee of MXN 0, which keeps ownership costs at free while you use the card for retail spending and routine bills. That structure suits households that clear balances and wish to avoid a fixed yearly charge eating into cashback gains over time.
How much interest applies when carrying a Vexi balance?+
Vexi applies APR of 43.38% to 75.76% when you carry a balance beyond the payment due date. The range reflects risk based pricing, so your assigned rate depends on assessment. Paying in full helps avoid interest and preserves the value earned through rewards.