KarmaCard
Key Specifications
Overview
KarmaCard (formerly KarmaWallet) is a Mastercard debit card built on Solana, offering self-custody on-chain banking with traditional finance features like IBAN support and instant crypto-to-fiat settlement.
The platform bridges the gap between DeFi and traditional banking by providing users with a Solana-powered wallet where they maintain custody of their assets while also having access to fiat banking features. Users can move money between traditional banking and crypto with instant settlement, buy digital assets directly from their balance, and spend via Mastercard.
KarmaCard is powered by the KARMA token and focuses on the Solana ecosystem for ultra-fast transactions. With over 1,100 users and growing, it targets crypto-native users who want banking convenience without giving up self-custody. The platform is founded by the team behind the original KarmaWallet project.
Pros & Cons
✓ Pros
- • Self-custody Solana wallet with banking features
- • IBAN support for fiat integration
- • Instant crypto-fiat settlement
- • KARMA token ecosystem
✗ Cons
- • Smaller user base (~1,100 users)
- • Fee structure still being finalized
- • Solana-only — no multi-chain support yet
- • Newer platform with less track record
Features
Key Benefits
Frequently Asked Questions
What is KarmaCard?
Is KarmaCard non-custodial?
What blockchain does KarmaCard use?
Ready to Get Started?
Compare KarmaCard with other crypto cards to find your perfect match.