CoinJar
Australia's longest-running exchange + card.
- Who holds it
- A licensed payment institution holds your balance in a safeguarding account — VASP registrations (AUSTRAC DCE, Australia; FCA cryptoasset, UK); card issued by EML (AFSL 404131).
- The ledger
- The payment institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from CoinJar’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid |
| HQ | Melbourne, AU |
| Founded | 2013 |
| Custody | Custodial |
| Regulation type | Payment institution |
| License detail | VASP registrations (AUSTRAC DCE, Australia; FCA cryptoasset, UK); card issued by EML (AFSL 404131) |
| Card | MC · Debit |
| Cashback | Points |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Oceania |
| Founders | Asher Tan, Ryan Zhou |
Verified links: official site ↗
Common questions about CoinJar
What is CoinJar?
CoinJar is a fiat-and-crypto neobank, headquartered in Melbourne, AU and founded in 2013. Your money is held custodially, so CoinJar or its partner bank holds the balance and you hold a claim on it. It is regulated as a payment institution (VASP registrations (AUSTRAC DCE, Australia; FCA cryptoasset, UK); card issued by EML (AFSL 404131)).
Does CoinJar have a card, and where can you use it?
It issues a Mastercard debit card. It is available in Oceania.
Does CoinJar require KYC?
Yes. CoinJar requires identity verification (KYC) to open an account, as a payment institution.
What does CoinJar cost?
From the verified fields: cashback Points. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with CoinJar before relying on them.
Peers
Revolut · Crypto.com · Binance Card · Bybit Card · OKX Card · Bitget Card
CoinJar appears in
Neobanks authorised as payment institutions (13) · Neobanks available in Oceania (72) · Neobanks that issue a Mastercard (150) · Neobanks in Australia (8)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.