G2MGWEI 2 MERCHANT
Find your best card
Back
[ head to head ]

DogPay Card vs Ethena Pay

Ethena Pay scores higher on the G2M score: 83/100 against 36/100 (#1 and #28 of 28 cards). Pick DogPay Card for a lower FX fee; pick Ethena Pay for cashback, more countries and control of your funds.

DogPay Card36

#28 of 28 · Not published back · annual fee none

Get DogPayRead the review
Ethena Pay83

#1 of 28 · 4% to 5% back · annual fee none

Get EthenaRead the review

The short answer

  • Ethena Pay scores higher on the G2M score: 83/100 against 36/100 (#1 and #28 of 28 cards).
  • Ethena Pay pays 4% cashback on its entry tier; DogPay Card does not publish a rate. Higher tiers go up to 5% on Ethena Pay.
  • Neither card has an annual fee.
  • DogPay Card charges less on foreign currency: a 0.5% FX fee against 1%.
  • Ethena Pay lists 48 countries where it works; DogPay Card does not publish a full country list. Of the markets we check for every card, only Ethena Pay is confirmed in UAE.
  • DogPay Card is custodial; Ethena Pay is self-custodial.

Want the answer for your own spending, or the next tier up of each? See what each keeps you a year or pick tiers and add a third card.

Side by side

Detail
DogPay Card
Ethena Pay
G2M score
36
83 (better)
Base cashback
Not published
4%
Max cashback
Not published
5%
Paid in
Not published
AVAX, daily
Annual fee
Free
Free
FX fee
0.5% (better)
1%
Top-up fee
1%
0% (better)
Per-purchase fee
1% + $0.3
None listed
ATM
Physical card at supported ATMs; fee not published
$1 + 0.65% per withdrawal
Network
Visa / Mastercard
Visa
Card type
Prepaid
Spend
Custody
Custodial
Self-custodial
Formats
virtual, physical
virtual
Apple / Google Pay
Yes / Yes
Yes / Yes
India
Unclear
No
UAE
Unclear
Yes
United States
Unclear
No
United Kingdom
Unclear
No
EU / EEA
Unclear
No
Countries
Depends on your region and identity checks; no country list published
48
Bank account (IBAN or account number)
In your name
In your name
Send money to a bank account
1 currency
Not confirmed
Buy and sell crypto with fiat
Sell only
Buy and sell
Spend against crypto without selling
Not confirmed
No
Yield on your balance
Yes
Yes
Tiers
Basic · Premium · Platinum · Ultra
Standard · Pro · VIP
Perks
Personal USD account (ACH, Fedwire, SWIFT) · 6% a year on stablecoins (Earn) · Card top-up fee 1% · $10 per virtual card · Up to 2 cards
Works on Arbitrum, Ethereum, Optimism and Polygon · 5% a year on your balance, up to $5,000, paid daily in USDe · 6% a year on your balance, up to $100,000, paid daily in USDe · 6% a year on your balance, up to $1,000,000, paid daily in USDe

Highlighted values are the better of the two. “Not published” means the issuer does not state it. Card data last checked 25 Oct 2026; see each card's review for its sources.

Questions

Which is better, DogPay Card or Ethena Pay?

Ethena Pay scores higher on the G2M score: 83/100 against 36/100 (#1 and #28 of 28 cards). Pick DogPay Card for a lower FX fee; pick Ethena Pay for cashback, more countries and control of your funds. The better card for you depends on where you live and how you spend; the G2M calculator works it out for your own spending.

Which has lower fees, DogPay Card or Ethena Pay?

Neither card has an annual fee. DogPay Card charges less on foreign currency: a 0.5% FX fee against 1%.

Which pays more cashback, DogPay Card or Ethena Pay?

Ethena Pay pays 4% cashback on its entry tier; DogPay Card does not publish a rate. Higher tiers go up to 5% on Ethena Pay.

Which works in more countries, DogPay Card or Ethena Pay?

Ethena Pay lists 48 countries where it works; DogPay Card does not publish a full country list. Of the markets we check for every card, only Ethena Pay is confirmed in UAE.

Who holds my funds with DogPay Card and Ethena Pay?

DogPay Card is custodial; Ethena Pay is self-custodial.

More comparisons

Scores use the same rules for every card (how the score works). Referral links never change a score or rank. Not financial advice.