PENGU Card

What the PENGU Card is

The Pengu Card is Pudgy Penguins' flagship crypto card, powered by KAST, the stablecoin money app. It is a Visa card issued across three tiers — Standard, Premium and Private — with PENGU accepted as a spending asset alongside stablecoins and 25-plus other coins deposited across ten or more chains.

Tiers and rates

Standard is free and gives a Visa Platinum card with 1.5% cashback, an 8% reserve rate and two free cards in virtual or physical form. Premium costs $1,000 a year for a Visa Infinite with 2% cashback, a 10% reserve rate and an extra 1% in KAST Points, plus one free Premium card and the Standard allowance. Private costs $10,000 a year for a Visa Infinite with 3% cashback, a 12% reserve rate, 2% extra in KAST Points and a plated gold card plus two free cards from any other tier.

Read the two rates carefully

The card advertises "up to 12% reward rate", but that figure is the reserve rate — yield earned by moving your balance into a Reserve account — not cashback on spending. Cashback is the 1.5%, 2% or 3% figure. The reserve rates are also promotional: KAST states the offer ends on 1 July 2027.

Availability and format

The card launches as a virtual card first, usable online and with digital wallets, with a physical card to follow. A verified KAST account is required, and the card is available in 170+ countries with support for 150 million merchants and ATMs.

PENGU comes in three tiers — free Standard plus $1,000-a-year Premium and $10,000-a-year Private on Visa Platinum or Infinite — with the higher tiers buying travel and lounge perks rather than more cashback. The Kolo Card and the WhiteBIT Nova Card both stay free and lean on rewards instead. The crypto cards listing compares what each tier returns.

Tiers

• Standard — free, Visa Platinum, 1.5% cashback, 8% reserve rate, two free cards.
• Premium — $1,000/year, Visa Infinite, 2% cashback, 10% reserve rate, +1% KAST Points, one free Premium card plus the Standard allowance.
• Private — $10,000/year, Visa Infinite, 3% cashback, 12% reserve rate, +2% KAST Points, plated gold card plus two free cards from any tier.

Spending

• Add the card to Apple Wallet or Google Wallet for tap payments.
• Pay online and in stores, and withdraw at ATMs, across 170+ countries.
• Deposit and spend PENGU plus 25+ other coins.
• Deposit any stablecoin including USDT and USDC across 10+ chains.

Sending and earning

• Send money on KAST instantly and free, or to bank accounts worldwide in local currency with costs shown up front.
• Switch balances into a Reserve account to earn the reserve rate, with no lock-up period.
• Withdraw whenever you need.
• 24/7 customer support.

PENGU plus stablecoins

This card is unusual in letting you deposit and spend PENGU, the Pudgy Penguins token, alongside 25+ other cryptocurrencies. Stablecoins including USDT and USDC can be deposited on ten or more chains, giving a wide choice of networks for funding.

Cash deposits supported too

KAST also accepts cash deposits alongside crypto, which makes the card usable for users who want to top up with physical currency rather than move coins on-chain.

The token exposure to weigh

Because PENGU is spendable, a holder can pay directly from that position — convenient, but it also means spending decisions interact with a volatile memecoin balance. Spending stablecoins keeps the card's cost predictable; spending PENGU means selling a token at whatever the market offers that day.

Tier pricing

• Pengu Standard: free
• Pengu Premium: $1,000 per year, including one free Premium card
• Pengu Private: $10,000 per year, including a plated gold card and two free cards from any tier

Rewards versus reserve rates

• Cashback: 1.5% Standard, 2% Premium, 3% Private
• Reserve rate: 8% Standard, 10% Premium, 12% Private — an earn rate on balances, not a spending reward
• Reserve offer ends 1 July 2027 per KAST's terms
• KAST Points: +1% on all spend for Premium and +2% for Private

What is not published

KAST does not publish FX fees, ATM fees, deposit costs or conversion spreads on the Pengu page. Since deposits can arrive across ten-plus chains, the cost of moving stablecoins in — network fees and any conversion spread — should be checked in the app before funding.

Value assessment

Standard costs nothing and pays 1.5%, which is competitive with mainstream cashback cards. Premium at $1,000 a year only makes sense if you actually capture the extra 0.5% in cashback and the higher reserve rate on a large balance; Private's $10,000 annual fee is a collector and whale tier rather than a rewards optimisation.