Trustee Plus is a Mastercard from Trustee, a provider founded in Lithuania in 2021 that now counts more than 500,000 users across the EU and Eastern Europe. The card spends at the 60-plus million places that take Mastercard, and it converts BTC, ETH, USDT, TRX and 30-plus other coins into euros right at checkout for roughly 0.5%. It also handles plain fiat, both EUR and UAH, and gives you a EUR IBAN. Apple Pay and Google Pay work, KYC is mandatory, and a virtual card runs 10 EUR to activate with a physical card offered on top.
The one hook worth caring about: the Trustee Plus wallet is non-custodial, so you hold your own private keys. That sets it apart from most cards on the market, where a company sits on your coins. Read the fine print, though, because the self-custody stops at the wallet. To actually spend, you load a separate custodial card balance, and that float is not yours to control the same way. It is a hybrid, and the marketing tends to lead with the half that sounds better.
Trustee Plus at a glance
| Feature | Detail |
|---|---|
| Network | Mastercard, 60M+ locations |
| Custody | Hybrid: non-custodial wallet, custodial card balance |
| KYC | Required |
| Card format | Virtual and physical |
| Virtual card fee | 10 EUR to activate |
| Conversion fee | About 0.5% at point of sale |
| Cashback | Up to 2%, paid in crypto, tier-based |
| Supported assets | BTC, ETH, USDT, TRX and 30+ coins, plus EUR and UAH |
| IBAN | Yes, a EUR account |
| Mobile pay | Apple Pay and Google Pay |
| Availability | Ukraine, Moldova, Central/Eastern Europe (Lithuania, Poland, Germany, Estonia and more) |
The custody model, without the spin
The tradeoff here deserves a close look. Your keys stay with you inside the Trustee Plus wallet, and that is real self-custody. When you want to pay for coffee, though, you top up a card balance that Trustee controls. That balance converts your crypto to euros at the till for about 0.5%. So the coins you keep in the wallet are yours; the euros floating on the card are effectively a custodial deposit. This is the same trick BitPay and the Ledger CL Card use, and it makes sense once you accept that Visa and Mastercard rails cannot settle in Bitcoin. Just do not read "non-custodial" and assume every euro you spend sits under your keys. It does not.
The catch the pitch skips
The Trustee Plus wallet is non-custodial and you hold the keys, but the money you actually spend lives on a custodial card float. Treat the card balance as you would any prepaid deposit: keep it lean, keep the bulk in the wallet.
Cashback and the fee math
Cashback goes up to 2%, paid in crypto, and you pick whether it lands as BTC, ETH, USDT, or the platform loyalty token. The 2% is a ceiling, not a flat rate. Your actual number depends on tiers set by your monthly transaction volume and how much of the loyalty token you hold, so a light spender should expect less than the headline. The 0.5% conversion fee is competitive for a crypto card, and a EUR IBAN plus mobile wallet support round it out into something you can run as a daily account rather than a novelty.
The Ukraine angle, and the caveat that matters
Trustee Plus earned its base in Ukraine and Eastern Europe for concrete reasons: UAH support, tie-ins with local banks like PrivatBank and Monobank, and a Ukrainian and Russian interface. If you live in the region and want crypto that behaves like a normal card next to your existing bank, few options fit as neatly. There is a hard caveat, though. On 20 May 2025 Trustee Plus temporarily suspended accepting applications from residents of Ukraine. The service stays available to citizens located within the EU, so a Ukrainian in Poland or Germany can still onboard, but someone applying from inside Ukraine right now is out of luck. Check your status against our card finder before you get attached.
What's good
- A genuinely non-custodial wallet where you keep your private keys, rare for a card product.
- Low 0.5% conversion at the point of sale, plus a EUR IBAN and Apple/Google Pay.
- Up to 2% cashback in the crypto of your choice.
- Deep Eastern-Europe fit: UAH, PrivatBank and Monobank links, Ukrainian and Russian interface.
What to watch
- The spending balance is custodial even though the wallet is not, so self-custody has limits.
- New applications from residents of Ukraine sit suspended since 20 May 2025.
- The 2% cashback is a tier-based cap, not a rate you will hit by default.
- KYC is required, so this is not a private or no-KYC option. See our /en/no-kyc-crypto-cards guide if that is your goal.
The verdict
Get Trustee Plus if you sit in the EU or Eastern Europe, value holding your own keys, and want a card that plugs into local banking and pays cashback in coins you actually want. It suits a crypto holder who spends often enough to climb the cashback tiers and who understands the card float is custodial. Skip it if you are applying from inside Ukraine today, since the door is shut for now, or if you expected end-to-end self-custody on every euro you spend, because that is not what this is. Nomads outside the region should compare it against our best cards for digital nomads before committing.
