Cypher Card

The Cypher Card was a crypto spending card connected to Cypher's non-custodial wallet platform. It supported virtual and physical cards, crypto-funded spending and mobile-wallet payments in supported markets.

Cypher has since been acquired by Nium and is winding down its original consumer platform. New card applications and card loading ended on 8 July 2026, and all active Cypher cards were cancelled on 8 August 2026 at 12:00 AM UTC.

As a result, the original Cypher Card is no longer a usable payment card. Remaining card balances must be withdrawn through Cypher's offboarding process before the platform shutdown deadline of 6 September 2026.

No. The original Cypher Card programme has been discontinued as part of Cypher's acquisition by Nium and the wind-down of the existing platform.

Cypher stopped accepting new card applications and disabled card loading on 8 July 2026. Existing cards remained temporarily usable during the wind-down but were permanently cancelled on 8 August 2026 at 12:00 AM UTC.

Cypher says it is working on a future version built on Nium's infrastructure, but the old card should not be presented as an active product. Users should wait for an official new-product announcement rather than applying through third-party links.

Cypher announced that it had been acquired by Nium, a global payments infrastructure company. As part of that transaction, the original Cypher consumer app, business card platform and CYPR ecosystem are being wound down.

Cypher states that maintaining the existing platform and protocol was not feasible within the new structure. Rather than continue the old programme, the company chose a controlled shutdown with deadlines for card use, rewards claims and withdrawals.

Cypher says a future experience is being developed on Nium's infrastructure, but it has not positioned the old Cypher Card as continuing under the same terms. Any future card should therefore be evaluated as a new product when official details are published.

All active Cypher cards were cancelled on 8 August 2026 at 12:00 AM UTC. After that time, card purchases are no longer processed through the original Cypher programme.

The shutdown applies to physical and virtual cards. Apple Pay and Google Pay transactions using a Cypher Card also stopped because those wallets depend on the underlying card remaining active.

The broader Cypher platform remains available only for offboarding until 6 September 2026. Users with remaining card balance should withdraw it before that final deadline rather than attempting further card purchases.

A remaining Cypher card balance cannot be spent after the card cancellation date. Cypher instructs users to withdraw remaining card funds through the app or dApp before the platform's final shutdown on 6 September 2026.

Cypher states that card and account funds can be withdrawn during the wind-down without a withdrawal fee. Users should not send additional funds to Cypher deposit addresses because card loading has already been disabled and the platform is being closed.

The non-custodial wallet assets are different from the card balance. Users should also back up their recovery phrase or private keys so they can access self-custodial assets through another compatible wallet.

Cypher's wider wallet was non-custodial, meaning users controlled the private keys to crypto assets held in that wallet. Cypher's termination notice specifically states that wallet assets are not held by Cypher and can be accessed through another compatible non-custodial wallet if the recovery information is backed up.

The card balance was a separate payment layer. Funds loaded to the spending card were subject to the card programme and issuer rules rather than remaining purely as self-custodial on-chain assets.

This distinction is especially important during the wind-down: users should back up private keys for wallet assets and separately withdraw any remaining card balance before the relevant shutdown deadline.

Before the wind-down, Cypher had Standard and Premium pricing. Its final plan comparison listed a 0.5% USDC load fee and 1% non-USDC load fee for Standard, compared with free USDC loads and 0.5% non-USDC loads for Premium.

The same comparison listed a 1.75% non-USD FX markup for Standard and 0.75% for Premium, plus ATM withdrawal fees of 3% and 2% respectively. Older issuer terms allowed certain fees to reach higher maximums depending on the card programme.

These fees are now historical because card loading and spending have ended. During the offboarding period, Cypher says remaining funds can be withdrawn without fees.

Yes. Before the shutdown, Cypher offered card rewards, with Premium users receiving double the standard rewards rate under its plan comparison.

The rewards programme has now ended. Cypher states that spending rewards earned between 2 July and 16 July 2026 formed the final reward cycle and that no further reward distributions take place after that period.

Users with outstanding eligible rewards were instructed to claim them before the final platform shutdown on 6 September 2026. Any historical cashback or CYPR reward percentage should therefore not be marketed as a current benefit of the Cypher Card.

Cypher's published plan comparison changed over time. Its later Premium page advertised card limits of up to $50,000 daily and $150,000 monthly for Standard and $200,000 daily and $500,000 monthly for Premium, with higher custom limits potentially available.

Earlier help documentation showed lower default limits, demonstrating that the programme evolved before shutdown. Cypher also let users set their own lower card spending controls in the app.

These limits are now historical because all Cypher cards were cancelled on 8 August 2026. They should not be used to estimate spending capacity for any future Nium-based Cypher product.

Yes. Cypher supported Apple Pay and Google Pay for eligible cards before the programme closed. Standard and Premium plan materials both listed mobile-wallet support.

During the wind-down, Cypher confirmed that Apple Pay and Google Pay would continue only while the underlying Cypher Card remained active. Once card spending ended in August 2026, mobile-wallet transactions using those cards also stopped.

Users should remove or stop relying on old Cypher card credentials in their mobile wallet. Any future Cypher product built with Nium may have different wallet support and will require new official terms.

Yes. Physical Cypher cards supported ATM withdrawals before the programme closed. The final plan comparison listed a 3% Cypher ATM fee for Standard and 2% for Premium, while the ATM operator could impose additional charges.

ATM access ended with the rest of the card programme when active cards were cancelled in August 2026. A remaining card balance should now be withdrawn through Cypher's offboarding process rather than through an ATM.

Users should distinguish a card-balance withdrawal from moving crypto out of the non-custodial wallet. Cypher's wind-down guidance provides separate instructions for card funds and on-chain wallet assets.

Cypher Premium was the paid higher-tier plan for the original Cypher card programme. It cost $199 per year and included benefits such as a metal card, lower crypto load fees, lower FX markup, 2x rewards, additional cards, higher spending limits and up to $300 of fraud protection.

Premium is no longer available for purchase because Cypher is winding down. The company states that Premium benefits remain relevant only through the transition and that certain recent Premium purchases were automatically refunded.

A future Cypher product may offer a different membership structure. Users should therefore treat the old $199 plan as historical rather than as an active subscription.

Cypher's wind-down guidance asks users to complete several actions before the platform shuts down on 6 September 2026. These include withdrawing any remaining card balance, claiming outstanding eligible rewards and backing up the recovery phrase or private keys for the non-custodial wallet.

Users should also download transaction history for their records and update subscriptions or recurring payments that previously used the Cypher Card. Cypher advises users not to send additional funds to old Cypher deposit addresses during the wind-down.

The deadline matters because the existing mobile app, dApp, business platform and withdrawal window are scheduled to close after that date.

Cypher says its team is working on the next version of the product using Nium's payment infrastructure. The company describes the goal as creating a faster, more scalable platform with broader global reach and more competitive pricing.

However, that does not mean the old Cypher Card continues automatically. New applications for the existing card have ended, all old cards were cancelled and the original platform is being shut down.

Until Cypher publishes new card terms, fees, supported countries and an application flow, MyCardCompare would treat any future Nium-based product as upcoming rather than available. Users can opt in through Cypher's official channels for future updates.

Cypher support remains available during the wind-down period. The company's official sunset page lists support@cypherhq.io for users who need help with withdrawals, card balances, rewards or wallet offboarding.

Because the old card is already cancelled, users should contact support for unresolved balances rather than trying to reload or reactivate the card. Support is scheduled to remain available through the platform shutdown on 6 September 2026.

Never share a wallet recovery phrase or private key with support. Cypher specifically recommends backing up those credentials so users can access their non-custodial assets independently after the app shuts down.