Spend, send, grow. All in one app.
Clear, transparent fees with no hidden costs.
Account services
| Category | Service | Fee |
|---|---|---|
| Account Setup & Management | Account opening | Free |
| Account closing | Free | |
| Support | Unlimited in-app Customer Service | Free |
| Balance Management | Krak Balance Transfers between Krak and Kraken platforms | Free |
| Add Money | Linked bank transfer (ACH) | Free |
| Wire transfer USD and CAD SWIFT | $3 | |
| Apple / Google Pay Deposit — near-instant | Fixed $0.25 + 3.75% fee | |
| Debit Card Deposit (Visa/Mastercard) — near-instant | Fixed $0.25 + 3.75% fee | |
| Paypal Deposit | 3.39%. Fees vary depending on your region and are displayed on the final confirmation page. See the Support Center article for details. | |
| Cash Withdrawals | Linked bank withdrawal (ACH) | Free |
| Crypto Deposits | N/A | Free |
| Crypto Withdrawals | N/A | Withdrawal fees for cryptocurrencies vary by asset. |
Card services
| Category | Service | Fee |
|---|---|---|
| Card Issuance | Virtual Debit Card | Free |
| Plastic Debit Card | Free; replacement $4.99 | |
| Metal Debit Card | Free; replacement $60. Eligible users can apply for a metal card at no cost, when they maintain a 30-day average balance of ≥ USD $50,000. | |
| Spending & Withdrawals | When spending local currency (in-store or online) | Free |
| ATM Withdrawals | Krak is not charging fees. Third-party ATM fees may apply | |
| Foreign Exchange (FX) for US debit card customers | Cash FX Conversion | We pass on the Visa exchange rate and a 1% fee on debit card transactions. |
| Crypto Spend Conversions | Crypto spending | A variable spread is included for card transactions involving crypto. Find cryptocurrency prices at www.kraken.com/prices |
Transfers
| Type | Service | Fee |
|---|---|---|
| In-App Transfers | Transfers between Krak accounts | Free |
| Balance Transfers between Krak, Kraken and Kraken PRO | Free | |
| Domestic Transfers US | Incoming Transfer (ACH) | Free, FX conversion may apply if using a non-USD balance |
| Outgoing Transfer (ACH) | Free, FX conversion may apply if using a non-USD balance | |
| Vault Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
| Crypto Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
Crypto buy and sell fees
Find current crypto prices at www.kraken.com/prices.
| Action | Fee |
|---|---|
| Instant Buy/Sell | Trading Fee: A fixed 1% fee applies to each buy, sell, or conversion. Payment Fees: Depending on your chosen payment method; such as credit/debit card, ACH transfer, or your Kraken account balance, additional fees may apply. Small Balance Conversions: For conversions below the minimum order size, a fixed 3% fee applies when using the Convert Small Balances feature. For more information, please refer to the Kraken fee schedule. |
| Trade Buy/Sell (Convert) | A Trading Fee (fixed percentage applied to each transaction). A Spread, which reflects the difference between the market rate and the rate you receive. The spread ensures price certainty while your order is being processed, so you always know exactly what you’ll pay or receive. For more information, please refer to the Kraken fee schedule. |
Vault & AutoEarn services
| Program | Fee |
|---|---|
| Vault Enrollment | Free |
| Vault Performance Fee | 25% of yield earned (APYs shown exclude this fee) |
| AutoEarn Enrollment | Free |
| AutoEarn Performance Fee | 30% of yield earned (APYs shown exclude this fee) |
Cashback tiers
| Tier | 30-Day Average Assets Held (USD) | Cashback Rate |
|---|---|---|
| Max | ≥ 50,000 | 2% |
| Elite | ≥ 10,000 | 1.5% |
| Pro | ≥ 1,000 | 1% |
| Lite | ≥ 200 | 0.5% |
| Starter | < 200 | 0% |
Krak debit card is issued by Lead Bank pursuant to a license from Visa U.S.A. Inc. Krak is a financial technology company, not a bank. Account balances are not FDIC- or SIPC-insured. Digital assets converted to USD at purchase; values may fluctuate. Available to eligible U.S. residents only; not available in all states. See terms.
Krak debit card will be available in all US states except New York, Maine, Massachusetts and Indiana. We are always working to bring our services to all our users.
Geographic restrictions apply. Instant buy/sell fees apply when you convert one asset or currency to another before making a transfer. Please see our fee schedule for more information.
Rate depends on average balance. T&Cs apply. See Support Center for more info.
Spending crypto may be a taxable event, as conversion to fiat can create capital gains or losses. Consult a tax advisor for your individual circumstances. Learn more.
Cashback is generally not taxable. Consult a tax advisor for your circumstances. Learn more.
APPLE and the Apple Logo are registered trademarks of Apple Inc. GOOGLE PLAY and the Google Play Logo are registered trademarks of Google LLC. Third-party trademarks referenced for informational purposes only; no endorsements implied.
Krak Third Party Payments is provided by Payward Interactive, Inc. (NMLS #1843762), a licensed money transmitter. Payward Interactive, Inc. is not a bank. The virtual account associated with this feature is not a deposit account, and funds are not insured by the FDIC or any government agency. Funds are held in a pooled account at Citibank, N.A. in the name of Payward Interactive, Inc. for the benefit of users; users are not individual Citi accountholders. ACH transfers typically settle in 1-2 business days; holds may apply. Monthly transfer limits apply. For error resolution rights and other disclosures, see our Regulation E Disclosure.
Cryptocurrency services are provided to US and US territory customers by Payward Interactive, Inc. (“PWI”) dba Kraken, a FINCEN registered money services business, a subsidiary of Payward, Inc. View PWI’s disclosures here.
Vaults are not a regulated financial product. APY is variable and not guaranteed. There is a risk of loss.
Kraken may adjust its deposit and withdrawal fees in response to changes in the underlying costs, market conditions, or user activity. Variable spread may apply when spending, FX fees apply, and third-party fees may apply at ATMs. See Pricing for details.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the crypto-asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.
Account services
| Category | Service | Fee |
|---|---|---|
| Account Setup & Management | Account opening | Free |
| Account closing | Free | |
| Support | Unlimited in-app Customer Service | Free |
| Balance Management | Krak Balance Transfers between Krak and Kraken platforms | Free |
| Add Money | Wire transfer | Free |
| Apple / Google Pay Deposit — near-instant | Fixed €0.25 + 3.75% fee | |
| Debit Card Deposit (Visa/Mastercard) — near-instant | Fixed €0.25 + 3.75% fee | |
| Paypal Deposit | Fees vary depending on your region and are displayed on the final confirmation page. For information, please see this Support Center article. | |
| Crypto Deposits | N/A | Free |
| Crypto Withdrawals | N/A | Withdrawal fees for cryptocurrencies vary by asset and can be found here |
Card services
| Category | Service | Fee |
|---|---|---|
| Card Issuance | Virtual Debit Card | Free |
| Plastic Debit Card | Free; replacement €4.99 | |
| Metal Debit Card | Free; replacement €60. Eligible users can apply for a metal card at no cost, when they maintain a 30-day average balance of ≥ EUR €50,000. | |
| Spending & Withdrawals | When spending local currency (in-store or online) | Free |
| ATM Withdrawals for EEA | ATM Withdrawals | No Krak fee. Third-party ATM fees may apply |
| Foreign Exchange (FX) for EEA debit card customers | Cash FX Conversion | We don't charge FX fees when you spend in foreign currencies. We pass on the Mastercard exchange rate without markup. |
| Crypto Spend Conversions | Crypto spending | A variable spread is included for card transactions involving crypto. Find cryptocurrency prices at www.kraken.com/prices |
Transfers
| Type | Service | Fee |
|---|---|---|
| In-App Transfers | Transfers between Krak accounts | Free |
| Domestic Transfers EEA | Incoming Transfer (SEPA) | Free |
| Outgoing Transfer (SEPA) | Free | |
| International Transfers EEA | Incoming Transfer | Free. FX conversion may apply |
| Outgoing SWIFT Transfer | Regional funding charge may apply. For more information, please refer to the Kraken fee schedule. | |
| Vault Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
| Crypto Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
| Balance Transfers between Krak, Kraken and Kraken PRO | krak__fees][etr8c2][field_cell_text | Free |
Crypto buy and sell fees
| Action | Fee |
|---|---|
| Instant Buy/Sell | Trading Fee: A fixed 1% fee applies to each buy, sell, or conversion. Payment Fees: Depending on your chosen payment method, additional fees may apply. Small Balance Conversions: For conversions below the minimum order size, a fixed 3% fee applies when using the Convert Small Balances feature. For more information, please refer to the Kraken fee schedule. |
| Trade Buy/Sell (Convert) | A Trading Fee (fixed percentage applied to each transaction). A Spread, which reflects the difference between the market rate and the rate you receive. The spread ensures price certainty while your order is being processed, so you always know exactly what you’ll pay or receive. For more information, please refer to the Kraken fee schedule. |
Vault & AutoEarn services
| Program | Fee |
|---|---|
| Vault Enrollment | Free |
| Vault Performance Fee | 25% of yield earned (APYs shown exclude this fee) |
| AutoEarn Enrollment | Free |
| AutoEarn Performance Fee | 30% of yield earned (APYs shown exclude this fee) |
Cashback tiers
| Tier | 30-Day Average Assets Held (EUR) | Cashback Rate | Salary Match Rate |
|---|---|---|---|
| Max | ≥ 50,000 | 2% | 1% |
| Elite | ≥ 10,000 | 1.5% | 0.75% |
| Pro | ≥ 1,000 | 1% | 0.5% |
| Lite | ≥ 200 | 0.5% | 0.25% |
| Starter | < 200 | 0% | 0% |
Geo restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer. Please see our fee schedule for more information.
In the EEA, Krak is a global money app. E-money services are provided by Payward Ireland Limited, trading as Kraken, regulated by the Central Bank of Ireland. Krak Card is issued by UAB Monavate, authorised by the Bank of Lithuania (authorisation code: LB002139). Payward Ireland Limited (PIL) and Payward Europe Solutions Limited (PESL), trading as Kraken, are regulated by the Central Bank of Ireland. E-money services are provided by PIL and spot trading services are provided by PESL. Mastercard is a registered trademark of Mastercard International Incorporated; the card is issued pursuant to a licence from Mastercard.
Rate depends on average assets held with Krak, Kraken and Kraken Pro. T&Cs apply. See Support Center for more info.
A variable spread will apply when spending across assets. Third-party ATM fees may apply.
Eligible clients in the EEA only. Not available in France, Ireland, Italy, Netherlands, Spain and Liechtenstein. T&Cs apply. Min. cumulative transfer(s) of €2,500 (max 4 payments) from employer payroll; exclusions apply. Rewards credited monthly as determined by Krak; max €250/month. Salary Match rate depends on average assets held with Kraken and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply. The e-money wallet is not a bank account and is not covered by any deposit guarantee scheme. Reward value may fluctuate if held or converted into other assets.
Krak Concierge processes bookings via Entravel Holdings Ltd. (“EH”). Krak is not a travel agent and the merchant of record for bookings. Prices, taxes and fees are set by the provider. Cancellations/refunds follow the hotel and/or EH policy. Instant buy/sell fees apply and are shown when converting one asset or currency before making a transfer. See our fee schedule for details. Krak may receive a commission from EH on completed stays.
APY is variable and not guaranteed; there is a risk of loss. Onchain interactions involve technological, market, and operational risks (see Terms of Service). Kraken does not control third-party protocols. Vaults are an unregulated product and are provided by Payward Wallet, LLC. Fees apply. Geo restrictions apply.
Account services
| Category | Service | Fee |
|---|---|---|
| Account Setup & Management | Account opening | Free |
| Account closing | Free | |
| Support | Unlimited in-app Customer Service | Free |
| Balance Management | Krak Balance Transfers between Krak and Kraken platforms | Free |
| Add Money | Wire transfer | Free |
| Apple / Google Pay Deposit — near-instant | Fixed £0.25 + 3.75% fee | |
| Debit Card Deposit (Visa/Mastercard) — near-instant | Fixed £0.25 + 3.75% fee | |
| Paypal Deposit | Fees vary depending on your region and are displayed on the final confirmation page. For information, please see this Support Center article. | |
| Crypto Deposits | N/A | Free |
| Crypto Withdrawals | N/A | Withdrawal fees for cryptocurrencies vary by asset and can be found here |
Card services
| Category | Service | Fee |
|---|---|---|
| Card Issuance | Virtual Debit Card | Free |
| Plastic Debit Card | Free; replacement £4.99 | |
| Metal Debit Card | Free; replacement £60. Eligible users can apply for a metal card at no cost, when they maintain a 30-day average balance of ≥ £50,000. | |
| Spending & Withdrawals | When spending local currency (in-store or online) | Free |
| ATM Withdrawals for UK customers | ATM Withdrawals | No Krak fee. Third-party ATM fees may apply |
| Foreign Exchange (FX) for UK debit card customers | Cash FX Conversion | We don't charge FX fees when you spend in foreign currencies. We pass on the Mastercard exchange rate without markup. |
| Crypto Spend Conversions | Crypto spending | A variable spread is included for card transactions involving crypto. Find cryptocurrency prices at www.kraken.com/prices |
Transfers
| Type | Service | Fee |
|---|---|---|
| In-App Transfers | Transfers between Krak accounts | Free |
| Domestic Transfers UK | Incoming Transfer (FFS) | Free |
| Outgoing Transfer (FFS) | Free | |
| International Transfers EEA and UK | Incoming Transfer | Free. FX conversion may apply |
| Outgoing SWIFT Transfer | Regional funding charge may apply. For more information, please refer to the Kraken fee schedule. | |
| Vault Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
| Crypto Transfers | See “Crypto Buy and Sell Fees” section for spread and conversion costs | See “Crypto Buy and Sell Fees” section for spread and conversion costs |
| Balance Transfers between Krak, Kraken and Kraken PRO | krak__fees][148a5aedb63a][field_cell_text | Free |
Crypto buy and sell fees
| Action | Fee |
|---|---|
| Instant Buy/Sell | Trading Fee: A fixed 1% fee applies to each buy, sell, or conversion. Payment Fees: Depending on your chosen payment method, additional fees may apply. Small Balance Conversions: For conversions below the minimum order size, a fixed 3% fee applies when using the Convert Small Balances feature. For more information, please refer to the Kraken fee schedule. |
| Trade Buy/Sell (Convert) | A Trading Fee (fixed percentage applied to each transaction). A Spread, which reflects the difference between the market rate and the rate you receive. The spread ensures price certainty while your order is being processed, so you always know exactly what you’ll pay or receive. For more information, please refer to the Kraken fee schedule. |
Cashback tiers
| Tier | 30-Day Average Assets Held (GBP) | Cashback Rate | Salary Match Rate |
|---|---|---|---|
| Max | ≥ 50,000 | 2% | 1% |
| Elite | ≥ 10,000 | 1.5% | 0.75% |
| Pro | ≥ 1,000 | 1% | 0.5% |
| Lite | ≥ 200 | 0.5% | 0.25% |
| Starter | < 200 | 0% | 0% |
Geo restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer. Please see our fee schedule for more information.
In the UK, Krak is a global money app. Krak Card is issued by Monavate Limited, authorised by the Financial Conduct Authority to carry on electronic money activities and related payment services (FRN: 901097). E-money and payment services are provided by Payward Services Limited, authorised by the FCA under the E-Money Regulations 2011 (FRN: 1010381). Cryptoasset exchange and custody services are offered by Payward Ltd, registered as a cryptoasset firm with the FCA (FRN: 928768). Mastercard is a registered trademark of Mastercard International Incorporated; the card is issued pursuant to a licence from Mastercard.
Rate depends on average assets held with Krak, Kraken and Kraken Pro. T&Cs apply. See Support Center for more info.
Eligible clients in the UK only. T&Cs apply. Min. cumulative transfer(s) of £2,500 (max 4 payments) from employer payroll; exclusions apply. Rewards credited monthly as determined by Krak; max £250/month. 1% promotional rate not guaranteed; applies until 01/05/26, then depends on average assets held with Krak, Kraken and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply. E-money services are not protected under the Financial Services Compensation Scheme. Reward value may fluctuate if held or converted into other assets.
Krak Concierge processes bookings via Entravel Holdings Ltd. (“EH”). Krak is not a travel agent and the merchant of record for bookings. Prices, taxes and fees are set by the provider. Cancellations/refunds follow the hotel and/or EH policy. Instant buy/sell fees apply and are shown when converting one asset or currency before making a transfer. See our fee schedule for details. Krak may receive a commission from EH on completed stays.
APY is variable and not guaranteed; there is a risk of loss. Onchain interactions involve technological, market, and operational risks (see Terms of Service). Kraken does not control third-party protocols. Vaults are an unregulated product and are provided by Payward Wallet, LLC. Fees apply. Geo restrictions apply.
