Decentralised News (@decentralisednews)

ether.fi vs. Fizen: One Card Lets Your ETH Earn Yield While You Spend, One Just Keeps It Simple "Spend your crypto without selling it, and keep earning yield the whole time." That's ether.fi's pitch for its Cash Card, and it's a genuinely different mechanic from anything else in the crypto card market: staked ETH collateral continues earning restaking yield while it backs your spending. We added it to our True Cost of Spending Calculator, and it forced us to rebuild part of the methodology. Our original model assumed locked collateral earns nothing while it's locked, true for most cards, but not for ether.fi's. So we generalized it: the real opportunity cost is now the gap between what you could earn elsewhere and what the collateral itself is already earning. That fix surfaced something worth knowing before you apply. ether.fi's headline feature, Borrow Mode, lets you spend against your ETH on credit instead of pre-funding a balance. It charges roughly 4% annual interest on the amount borrowed. On realistic spending, that interest cost can exceed the card's own 3% cashback rate entirely, turning an attractive-sounding feature into a net loss once you actually run the numbers. We also added Fizen to the comparison, a self-custody USDT Visa built for a completely different use case: no staking, no borrowing, just a low-friction card that happens to be one of the few that reliably works for AI subscriptions (Claude, ChatGPT, Cursor) and ride-hailing apps that reject other crypto card BIN ranges. Full breakdown, plus the updated 12-card calculator: https://decentralised.news/ether-fi-vs-fizen-crypto-card-comparison #cryptocards #etherfi #fizen #cryptoyield #decentralisednews