Fiwind Card

What the Fiwind Card is

Fiwind is an Argentine app that puts crypto, dollars, shares and payments in one place, and its card is one of the simplest propositions in this directory: a 100% virtual Mastercard prepaid card that is free to request and free to maintain, with no commissions on card payments. You pay with pesos, dollars or crypto, and the conversion happens in real time at the best rate available at that moment.

It works through Apple Pay and Google Pay for contactless payments at any terminal, and as an international card for purchases abroad, online and on digital services and subscriptions. Fiwind also covers the local payment habits that matter in Argentina: QR payments through Mercado Pago, Modo, Ualá, Cuenta DNI and any other interoperable code, bill and tax payments, and phone top-ups.

Why the card is only half the story

Fiwind's real draw is what sits behind the card. Balances earn yield while you hold them - 4% on USDT and USDC, 2% on POL and DOT, 1% on ADA, 0.5% on BTC and ETH - paid daily in the account. On the peso side, Fiwind pays up to 20% a year as a bonus on the first 750,000 pesos, with the excess earning 17.7% a year. Those are aggressive rates for an app in a market where holding pesos has historically been the fastest way to lose value.

The app also handles cross-border flows that usually require a bank: an international dollar account in your own name for receiving and sending ACH and Wire transfers, and Pix payments to Brazil, where you send pesos and the recipient receives reais in their account or wallet, plus instant receipt of reais converted into pesos or USDT.

What is not disclosed

The issuing bank and the licence behind the card are not named - the published terms confirm it is a prepaid card usable wherever Mastercard is accepted, and say nothing about who issues it. The FX spread applied when a crypto or dollar balance converts at the point of sale is also not published, and neither are the spending limits. On top of that, Argentine taxes and surcharges on international purchases apply separately from anything Fiwind charges, and those can be more significant than the card's own costs.

Who it suits

For an Argentine user who already keeps dollars or stablecoins and wants a free way to spend them locally and abroad - with QR payments and bill payments in the same app - Fiwind is a practical, well-featured choice, and the yield rates make holding a balance in the app rather than a plain exchange account more attractive. If you are outside Argentina, this card is not available to you; browse the crypto cards directory for programmes in other regions, or compare Bleap for a European neo-bank style card.

Coins available

Fiwind supports BTC, ETH, XRP, USDT, BNB, SOL, USDC, ADA, TRX, DOT and GRAM, plus dollars and Argentine pesos. The card can draw on any of them at the point of payment, with the conversion happening in real time.

What the balance earns

• USDT and USDC: 4% a year
• POL and DOT: 2% a year
• ADA: 1% a year
• BTC and ETH: 0.5% a year
• Argentine pesos: up to 20% a year bonus on the first 750,000, then 17.7% a year

Networks and custody

Fiwind selects the coins and networks it supports, aiming for low-cost transfers. Balances are held inside the Fiwind account rather than self-custody, so this is a custodial arrangement - the opposite of wallets where you keep your own keys. Treat the account like a spending and yield balance, not cold storage.

Card costs

• Issuance: free. Fiwind states there is no cost to request the card.
• Maintenance: free. No monthly or annual fee is charged.
• Card payments: no commissions, per Fiwind's own payment page.
• International payments: the card is enabled for them, but Argentine taxes and surcharges that apply to certain international purchases are outside the card's control.

Not published

• The FX spread applied when a crypto or dollar balance converts at the point of sale.
• Spending limits for payments.
• Withdrawal or transfer fees, including on the international dollar account and Pix rails.

Where the money is made instead

A free card with no commission is usually paid for somewhere else in the stack, and at Fiwind it is the conversion spread plus the wider app. That is not inherently a problem - just read the exchange rate shown at the moment of payment rather than assuming the conversion is at spot.