virtualphysical Visa KYC: ID Verification Available in India

Exactly Visa Card

Name: Exactly Visa Card
Brand: Exactly
Availability: InStock

by Exactly

Non-custodial credit card borrowing against your crypto collateral

8.4

/ 10

Overall

Very good

Editor score

Get this card → Official site

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Overview

Exactly's Exa card is a non-custodial Visa Signature that lets you borrow against crypto collateral at fixed rates and spend without selling your assets, while collateral keeps earning yield. There are no monthly, FX or conversion fees and it comes with travel perks. It is limited to the Optimism network, requires understanding DeFi collateral mechanics, excludes some US states, and has a mixed reliability record.

Key facts

Card type: Virtual, Physical
Card network: Visa
Custody: Non-custodial (account abstraction on Optimism)
Cashback: 1% cashback
Referral bonus: $5
Apple Pay: Yes
Google Pay: Yes

Unique features

Borrow against crypto at fixed rates
Non-custodial spending via account abstraction on Optimism
Visa Signature travel perks

India availability

Ranked among the top cards for Indian residents, Exactly offers a non-custodial way to spend against crypto without selling. It is Optimism-only for funding, funded with crypto rather than INR, and best suited to users comfortable with DeFi. Confirm eligibility during signup.

Available in India

Yes

INR top-up

Indian KYC accepted

Yes

Ships to India

Yes

Best for Indian users

Indian crypto holders who do not want to sell their assets and are comfortable with DeFi.

Exactly is ranked among the top cards for Indian residents; confirm eligibility during signup as availability varies.
There is no INR top-up — fund/borrow via crypto on the Optimism network.
It is non-custodial and uses account abstraction, so you remain in control of your collateral.
Tax note: spending or borrowing against crypto can have tax implications for a Virtual Digital Asset in India (30% plus surcharge and cess, with 1% TDS in some cases). Informational only — consult a chartered accountant.

Pros & cons

Pros

Fixed-rate loans using crypto as collateral
Visa Signature benefits including airport lounges
Non-custodial smart contracts for all transactions
Crypto collateral can keep earning yield
Receive ACH, SEPA and wire transfers directly in crypto

Cons

Requires understanding DeFi collateral mechanics
Interest rates vary with protocol utilization
KYC required for card issuance
Funding is primarily on the Optimism network
Newer protocol with a limited track record

Fees

Exactly Visa Card fee structure
Monthly fee	Free
Annual fee	Free
Virtual card issuance	Free
Physical card issuance	Free
Crypto-to-fiat conversion	None
FX / foreign-currency fee	Free
ATM fee	2%
Top-up fee	Free
Shipping	Free
Inactivity fee	None

No monthly, issuance, FX or conversion fees. ATM withdrawals are about 2%. Interest applies on borrowed amounts against collateral and varies with protocol utilization. Confirm current terms on the official site.

Limits

Per transaction

Region-dependent

Daily spend

$5,000

Monthly spend

$20,000

ATM withdrawal

$500

Card formats

Virtual Card

Available

Issuance: Free
Shipping: Instant digital issuance

Physical Card

Available

Material: Plastic
Issuance: Free
Shipping: Free
Replacement: —

KYC requirements

Level 3 of 4 — ID Verification

Exactly Visa Card KYC requirements
Email verification	Required
Phone verification	Required
Identity document	Required
Proof of address	Not Required
Selfie verification	Not Required

Integrations & tech

Apple Pay

Google Pay

iOS app

Android app

IBAN support

Debit mode

Credit mode

Supported crypto

Tokens

BTC ETH USDT USDC MATIC

Chains / networks

Optimism Ethereum

Scores

Editor score

How we rate — see our methodology.

KYC simplicity 6.0

Fee efficiency 8.0

Reward value 7.0

App experience 6.5

Privacy 5.5

Support quality 5.0

Community score

5.7 / 10

Based on 1 cited sources

Sources

Google Play

Perks & benefits

Spend without selling your crypto
Collateral keeps earning yield
Visa Signature travel benefits

Rewards program details

1% cashback on spending. Borrowing against crypto collateral incurs interest at fixed rates that vary with protocol utilization.

Exclusions

Excludes several US states
Funding is primarily on Optimism

Frequently asked questions

Is the Exactly Visa Card available in India?

Exactly is ranked among the top cards for Indian residents. Availability varies by region, so confirm eligibility during signup.

Can I top up Exactly with INR?

No. Exactly is funded with crypto on the Optimism network (BTC, ETH, USDT, USDC, MATIC) rather than INR.

How is Exactly different from other crypto cards?

Instead of selling your crypto, you borrow against it as collateral at fixed rates and spend the borrowed funds, while your collateral can keep earning yield.