Binance Card Review 2026

Name: Binance Card
Brand: Mastercard
Availability: InStock

Reviewed by Mihail B. in October 2026 · Data verified October 13, 2026 · how we verify

3.4 / 5.0Sweepbase rating

Algorithmic score, not user reviews: how it is calculated

Get Binance Card

Not a partner link. We earn nothing from this card; it goes straight to the issuer.

CustodyCustodial

NetworkMastercard Prepaid

CashbackUp to 3% (Brazil)

RegionsMulti-region

Fees and limits

Issuance fee	Free
Annual fee	Free
FX fee	1-2% FX on non-BRL purchases with the Brazil card, plus 0.9% crypto-to-fiat conversion The fine print The Argentina programme charges 6-7% FX plus Argentine taxes, and the Immersve Global Program 2% (New Zealand 3%) since the 1 June 2026 update
ATM limit	Brazil card: two free ATM withdrawals a month, then 1.5 USD each The fine print Up to 3 a day and 30 a month, 3,000 to 7,000 BRL a day and 25,000 to 50,000 BRL a month by verification level
Spending limit	Brazil card: 25,000 BRL a day at every verification level, 50,000 to 150,000 BRL a month and 200,000 to 600,000 BRL a year by level

Fees change; the current ones are in Binance’s terms.

Features

Cashback: Up to 3% (Brazil)
The fine print
- Brazil programme (Mastercard): spend-based tiers 1.5% (<500 BRL/mo) / 2% (500-5,000) / 3% (>=5,000 BRL monthly spend), applied retroactively to the whole month
- Capped at 500 BRL/month and credited in BRL, not BNB (grid effective 2026-06-01, Binance card FAQ)
- Global Program (Immersve Limited, NZ): 0.5-2% in stablecoin, capped at 20 USDC a month
- Argentina programme: separate terms
KYC: Yes
Card type: Virtual + Physical
Top up with: BTC, BNB, USDT and 10+ major cryptos
Available countries: Brazil, Argentina, Peru, Colombia, Armenia, New Zealand, Australia, Mexico…
Full list
… (excludes United States United Kingdom European Economic Area; Global Program country list unpublished)

Who issues the Binance Card

Binance Card does not name its issuer outright, and on the documents we could reach, the sponsor appears to be Pomelo S.A., Argentina (BaaS, multi-LatAm), inferred from the program manager and not stated by the issuer itself. BR only; Pomelo names itself as BIN sponsor and program manager, but the licensed Brazilian entity is not identified in any primary source.

Primary source · All cards issued by Pomelo S.A. · Why the issuer matters

Supported cryptocurrencies

You can load the Binance Card with crypto; the 3 assets we track for it are listed below.

Networks & deposit details: Funded from Binance account: BNB, USDT, USDC, BTC, ETH, ADA, DOT, SOL, MANA, SXP (no direct on-chain top-up)

BTCBitcoinBNBBNBUSDTTether

Pros and cons

Pros

✓
Up to 3% cashback in BRL on the Brazil card (spend-based tiers from 1.5%)
The fine print
- No issuance or annual fee
- Backed by the world's largest exchange
- Wide crypto support

Cons

✗
Brazil tiers top out at 3% on 5,000 BRL of monthly spend (the old discontinued Visa paid 8%)
The fine print
- Cashback capped at 500 BRL a month
- Custodial model
- Not offered in the US, UK or EEA, and the Global Program publishes no country list
No IBAN or bank account, prepaid only

Regional availability

Available in several regions

Three programmes. Brazil and Argentina are local programmes whose FAQs say "Currently we support: Brazil" and "Currently we support: Argentina" respectively. Everything else is the Immersve "Global Program": the binance.com/en/cards region selector offers LATAM, CIS, MEA, Australia, New Zealand and APAC, the last four naming no country; the fee article's column headers name Colombia, Peru, some CIS region, Armenia and New Zealand, and Australia and Mexico appear in support-article titles. Binance publishes no full list: "Eligibility is confirmed at the time of the card application". Not offered in the US or the UK; the countries column carries the remaining exclusion.

Card overview

If you came here from a Reddit thread about an 8% Binance card, that product closed in December 2023, and the Visa it ran on was never replaced.

The live product is a Mastercard Prepaid in three programmes: Brazil (issuer Pomelo, the only launch by announcement, the only physical card at 0 BRL, and the programme scored here), Argentina (Pomelo, with FX of 6 to 7% plus Argentine taxes), and an Immersve "Global Program" whose named markets are Peru, Colombia, Armenia, some CIS countries and New Zealand, with Australia and Mexico appearing only in support-article titles; Binance publishes no full list and confirms eligibility at application.

For Brazil, since June 2026 cashback works on spend tiers: 1.5% under 500 BRL of monthly spending, 2% from 500 to 5,000, 3% at 5,000 and up, with the higher rate applied retroactively to the whole month. The cap is 500 BRL a month, roughly $90, and payouts land in BRL, not BNB. That is unusual for a crypto card, and it means the reward carries no token price risk at all. Fees stack as 0.9% crypto-to-fiat conversion plus 1 to 2% FX on foreign currency.

Funding requires a Binance exchange balance, with no direct on-chain top-up, and the card spends the Funding/Spot balance, which earns nothing. Issuance and annual fees are zero. Custodial. Nothing has replaced the old card in the EEA, and no MiCA-compliant relaunch has been announced.

What ships today is a Brazil-first rail that pays real money instead of tokens: decent for Brazilians, thin everywhere else.

Editor’s note by Mihail B. · Founder & Editor

Reviewed October 2026 Verified against issuer docs

This is not the old 8% Binance Visa. That card was shut down at the end of 2023 and nothing has replaced it in Europe; note that the December 2023 date comes from press, because Binance's own closure FAQ no longer resolves. Binance.com/en/cards carries an eight-option region selector (Brasil, LATAM, CIS, MEA, Australia, New Zealand, APAC, Argentina) and every option rewrites the same FAQ answer, so a reader who never clicks sees the line "Currently we support: Brazil." and stops there.
Click through and the Argentina tab names Argentina, the LATAM tab names Peru, and Binance's help centre documents a separate Binance Card Global Program issued by Immersve Limited of New Zealand under the Mastercard Global Reach Partner Program, paying 0.5-2% in stablecoin capped at 20 USDC a month. What has not changed is that there is no card for the EEA, the UK or the United States. Since June 2026 cashback pays out in BRL, not BNB, on spend-based tiers of 1.5, 2 and 3 percent, capped at 500 BRL a month, roughly $90.
I keep seeing this recommended in Reddit threads from people who still think the 8% rate exists. It doesn't. Outside Brazil and Argentina the only route is the Global Program, and Binance confirms eligibility only when you apply. I held the old European Visa through Contis for about eighteen months before it closed, which is where the first-hand detail in our Binance review comes from; the Brazil Mastercard described here is a different product that nobody on this desk has spent on, so this page is documentation-verified rather than tested.

Read our guideBinance Card review 2026: is it worth the comeback?

Common questions about the Binance Card

We do not collect user reviews. Answers come from the card terms, the issuer disclosure and the regulator registers we could reach, rechecked on the Data verified date above.

What are the fees for the Binance Card?

The one charge on the Binance Card is its FX fee: 1-2% FX on non-BRL purchases with the Brazil card, plus 0.9% crypto-to-fiat conversion. No issuance or annual fee.

Is the Binance Card legit, and who is behind it?

Partly documented: Binance Card does not name its issuer outright, and on the documents we could reach the sponsor appears to be Pomelo S.A., Argentina (BaaS, multi-LatAm), inferred from the program manager rather than stated by the issuer. Pomelo names itself as BIN sponsor and program manager, but the licensed Brazilian entity is not identified in any primary source.

Is the Binance Card worth it?

What the Binance Card offers is its up to 3% cashback rewards and no card or annual fee. Against it: Brazil tiers top out at 3% on 5,000 BRL of monthly spend (the old discontinued Visa paid 8%).

How does the Binance Card cashback work?

Brazil programme (Mastercard): spend-based tiers 1.5% (<500 BRL/mo) / 2% (500-5,000) / 3% (>=5,000 BRL monthly spend), applied retroactively to the whole month. Capped at 500 BRL/month and credited in BRL, not BNB (grid effective 2026-06-01, Binance card FAQ). Global Program (Immersve Limited, NZ): 0.5-2% in stablecoin, capped at 20 USDC a month. Argentina programme: separate terms.