01Crypto Cards
ether.fi Cash Review: Spending Against Staked ETH Works Until a 27% Drop Forces a Sale
ether.fi Cash lets you spend without selling staked ETH, and the 3% cashback tier on the first $2,000 a month is generous. The catch is leverage you may not feel: borrowing at the 55% cap means a fall of roughly 27% in your collateral starts liquidation, with a 3.5% penalty. It suits holders who borrow a small share of their weETH or spend stablecoins. It is a poor fit for anyone who treats the limit as a budget.
6.9 out of 10
- Best for
- ETH holders who borrow lightly and want self-custody with a Visa card
- Price
- No annual fee
- Maker
- ether.fi
- Reviewed
- 14 Feb 2026
