Xapo Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Xapo Bank lends to you directly rather than matching you with lenders, so the single rate of 10.5% is easy to read. It suits Bitcoin holders who want a variable credit line funded in Under a minute and can pay it back early at no extra cost.

Key facts

Best for
Bitcoin holders after a variable, fee-light credit line or secured loan in US dollars.
APR
10.5% (Source, checked September 26, 2026)
Loan amount
$1,000 to $5,000,000 (Source, checked September 26, 2026)
Term
1 to 12 months (Source, checked September 26, 2026)
Arrangement fee
0 USD (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Under a minute (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Minimum 0.1 BTC holdings; Bitcoin-backed lending not available to residents of the United Kingdom or Australia (Source, checked September 26, 2026)
Origination fee (%)
0% (Source, checked September 26, 2026)
Loan types
Secured, Credit-line (Source, checked September 26, 2026)
Legal entity
Xapo Bank Limited (loans issued by Xapo Credit Limited) (Source, checked September 26, 2026)
Headquarters
Gibraltar (Source, checked September 26, 2026)
Founded
2013 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding, Credit line
Official website
xapobank.com

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInXTrustpilotyoutube.com

Pros and cons

Pros

  • Lends directly, so the rate you see is the rate you get
  • APR of 10.5% against a site median of 12%
  • Origination fees of 0 USD and 0%, so no setup charge
  • Repaying early is free, and funding lands in Under a minute

Cons

  • Eligibility needs a minimum bitcoin holding, and the Bitcoin-backed lending is closed to residents of the United Kingdom and Australia
  • The rate is variable, so the monthly payment can move
  • The whole term sits within 1 to 12, well short of a typical personal loan
Xapo Bank

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Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Bitcoin holders who already keep a balance with the bank
  • People wanting a revolving credit line they draw and repay as needed
  • Borrowers who value the absence of an origination fee more than a long term

Who should look elsewhere

  • Anyone without bitcoin holdings, since eligibility requires a minimum holding
  • Residents of the United Kingdom and Australia, where the Bitcoin-backed lending is unavailable
  • People needing a long fixed-rate loan, given the 1 to 12 ceiling

How Xapo Bank compares

Where Xapo Bank is available

Available
Gibraltar
Licence in Gibraltar
Gibraltar Financial Services Commission (23171), checked September 26, 2026
Licence in Gibraltar
Gibraltar Financial Services Commission (Moneylender licence under the Financial Services (Moneylending) Act 1917, registered as a Creditor under the Financial Services (Consumer Credit) Act 2011) - Xapo Credit Limited, checked September 26, 2026
Licence in Gibraltar
Gibraltar Financial Services Commission (DLT Provider) - Xapo VASP Limited (26061), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do I pay on Xapo Bank borrowing?+

The rate is a variable APR of 10.5%. Because it is variable rather than fixed, the figure can move over the life of the loan. Repaying early carries no charge, so clearing the balance early stops the interest building.

What does Xapo Bank charge to set up a loan?+

The origination fee is 0 USD and the percentage fee is 0%, so there is no setup charge added to the amount you borrow. The only ongoing cost is the variable interest at 10.5%, and early repayment is free.

How do I qualify for Bitcoin-backed lending?+

Eligibility needs a minimum bitcoin holding on the account, so the borrowing is tied to the digital assets you already keep. The Bitcoin-backed lending is not available to residents of the United Kingdom or Australia, which narrows who can apply.

How long does it take to get the money?+

Funding is listed as Under a minute, and same-day funding is part of what the line offers. The bank is a direct lender, so the money comes from Xapo Bank itself rather than a panel of lenders.

How much can I borrow and for how long?+

Loan amounts run $1,000 to $5,000,000, and the term sits within 1 to 12. Both a credit line and a secured loan are offered, so you can draw and repay repeatedly or take a fixed sum against your bitcoin.

How is my credit checked?+

The credit check is a soft prequalification, soft prequal, so checking eligibility does not carry the same weight as a hard search. The bank is a direct lender registered in Gibraltar, and it was founded in 2013.

Who regulates Xapo Bank?+

The bank is licensed by the Gibraltar Financial Services Commission, and the lending sits with Xapo Credit Limited under a moneylender licence and creditor registration there. Xapo VASP Limited is separately registered as a DLT provider with the same commission.

How do I get help if something goes wrong?+

Support runs on email, chat and phone, so you can reach the team by phone, chat, email or the help centre. The same channels cover questions about a drawdown on your credit line or a secured loan repayment.

Sources

  • xapobank.com checked September 26, 2026

    Backs: Founded, Headquarters, Support channels

    “Around Since the Beginning Established 2013”

  • xapobank.com/en/banking/borrow checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Eligibility, Features, Free early repayment, Funding time, Legal entity, Lender type, Arrangement fee, Origination fee (%), Term, Licences

    “The minimum loan amount is $1,000. The maximum loan amount is $5,000,000.”

  • xapobank.com/en/help/faq/credit-and-liquidity checked September 26, 2026

    Backs: Loan types, Rate type

    “You can use your Bitcoin wealth as collateral to secure a US Dollar line of credit through Xapo.”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

Xapo Bank

Xapo Bank

Bitcoin holders after a variable, fee-light credit line or secured loan in US dollars.

9.0/10See alternatives

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