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NBX Visa credit card in Norway: The best way to save in bitcoin?

Catharina D.
March 10, 2023
7 min

For Scandinavian residents, selecting a local credit card provider may be wise. With several companies in the market offering crypto cards, one newcomer stands out due to its unique features - the NBX Visa credit card. This card allows users to receive cashback rewards in bitcoin, the world's most popular cryptocurrency.

What is a crypto card, and how does it work?

With the advent of cryptocurrency, users can now obtain a crypto card from licensed issuers like banks, financial institutions, and crypto exchanges. These cards are available in two types: debit and credit. A prepaid crypto card operates similarly to a debit card in that you must load it with cryptocurrency before using it for purchases. On the other hand, crypto credit cards are similar to regular credit cards. Still, they offer rewards in the form of cryptocurrency. You can even pay your credit card bills with fiat currency while earning crypto bonuses on your spending.

Although crypto cards offer convenience and exciting rewards, they are not risk-free. The value of funds on the card can still be subject to market fluctuations, and transactions using the card may be subjected to fees. Nonetheless, crypto cards provide an easy and practical way for users to make purchases and earn crypto rewards at millions of locations worldwide, bridging the gap between fiat and cryptocurrency economies.

What is an NBX Visa credit card?

NBX Visa credit card is the first in the Nordic market to offer cashback in bitcoin. It is a unique product available to Norway, Sweden, Denmark, and Finland residents who are also NBX customers. Not only is the NBX Visa credit card appealing due to its rewards in bitcoin, but it also functions like a typical credit card. Users must undergo a credit check to obtain it, which can be used to purchase at millions of locations worldwide. Additionally, the card is available in virtual and physical formats, making it convenient for users to use for online and in-person transactions. NBX Visa credit cards do not use crypto for transactions.

Cashback levels

Level 1-3

Levels 1-3 are intended for the most significant proportion of platform users. These levels allow you to triple your crypto savings and climb from 0.5% to 1.5% by achieving the goals below.

Level 1: 0.5%

Trading volume - No requirement for trading volume

Referrals - No requirement for referrals

Level 2: 1%

Trading volume - Between NOK 100,000 and NOK 200,000 in total during the last 90 days

Referrals - Between 16 and 25 people recruited and approved during the last 90 days

Level 3: 1.5%

Trading volume - Between NOK 200,000 and NOK 625,000 in total during the last 90 days

referrals - Between 26 and 75 people recruited and approved over the previous 90 days

Level 4-6

These levels are reserved for those who are more active on the platform, are active users of our OTC service, contribute to building the order book in the form of market making, or otherwise contribute to greater volume with us. It can also be used by those who have large networks and have the opportunity to recruit many new customers to NBX actively. Here you can get up to 4% cashback in bitcoin for purchases you make with your card.

Level 4: 2%

Trading volume - Between NOK 625,000 and NOK 1,750,000 in total during the last 90 days

Referrals - Between 76 and 150 people recruited and approved during the last 90 days

Level 5: 3%

Trading volume - Between NOK 1,750,000 and NOK 3,000,000 in total during the last 90 days

Referrals - Between 151 and 300 people recruited and approved during the last 90 days

Level 6: 4%

Trading volume - Over NOK 3 million in total during the last 90 days

Referrals - Over 300 people recruited and approved during the previous 90 days

How to increase NBX credit card cashback level?

To increase your cashback level from 0.5%:

  • Build your volume on the platform. We will take into account the last 90 days of your trading activity.
  • Refer new customers to NBX. Remember that you also get a referral bonus of NOK 150 for each new customer you refer to NBX. You also get 20% of their trading fees in the first year.

The process

To get an NBX Visa credit card:

  1. Register on the NBX platform. Go to and click on Register to open an account. Create an account with an email address and a password.
  2. Log in with your login details. Confirm your identity by using BankID or by providing an identity document. Remember to set up 2FA to secure your account.
  3. Once your identity is verified, go to Dashboard on the NBX platform and click on Cards in the menu. Click on Join the waiting list.
  4. Once you have joined the waiting list, you must undergo a credit check. Check the Card tab to see if you can start a credit check.
  5. After the credit check is approved, your virtual card will be available immediately for online purchases.
  6. The physical card will be sent to your mailbox.

Have the NBX app installed

Remember that you will need your card details, and a 3DS security check will be triggered in the NBX app every time you make an internet purchase. Therefore, you must remember to download the NBX app on your smartphone. The NBX app is available on the App Store and Google Play.


Here are the most important takeaways for you as a user of the NBX credit card:

  • You don't need to stake or buy cryptocurrency to get or use the card
  • You can earn more cashback in BTC compared to other crypto cards
  • You can optimize your tax obligations since the NBX Visa credit card does not use cryptocurrency for transactions
  • You must have the NBX app installed to browse the virtual card details, and 3DS prompts when purchasing online

Join our waiting list and be notified when you can receive your NBX Visa credit card.

Updated 03.07.2023:


This Visa card is issued by Enfuce pursuant to licence by VISA Europe Limited. Enfuce is duly authorised and regulated by Finnish Financial Supervisory Authority as an Electronic Money Payment Institution under the Financial Institution Act 1994. Company registration number 2992502-3. NBX is a financial agent on behalf of Nordiska Financial Partner Norway AS.

Terms and Conditions

Terms and conditions for Bitcoin cashback, terms and privacy notice from Enfuce, credit agreement from Nordiska, cancellation form for NBX Visa credit card can be found on a dedicated webpage.

Go to NBX Visa credit card webpage.

Catharina D.
March 10, 2023
7 min
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