Should you trust this crypto card with your money?

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

I’ve been through the Fluyez terms, the app listings and everything the company says publicly about its crypto card, and I want to give you the picture a marketing page leaves out. Short version: this is a young product with a small public footprint, aimed squarely at people who already hold crypto in Peru and want to spend it like ordinary money. Some of the fundamentals are solid. Some of the details that would matter to you — the exact fees, the ATM, the currency, the card limits — simply are not published anywhere I could find. That gap is the story of this review, and I’d rather be blunt about it than dress it up.

The conditions described here are current as of October 28, 2026.

The verdict

I scored this card 5.5 out of 10. That is not a rejection; it’s a shrug. Nothing I’ve found suggests the card is unsafe or a scam. But nothing I’ve found lets me tell you with confidence what a payment will cost you in hard numbers, because Fluyez doesn’t say. A card you can’t price is a card you use carefully.

Who does it suit? If you’re a crypto holder in Peru or elsewhere in Latin America, you hold Bitcoin, USDT or ETH, and you want to pay for everyday things from that balance without a long exchange chain — that’s the person this card was built for. Who does it not suit? If you’re outside Latin America, if you need a physical card, if you plan to travel and draw cash, or if you spend enough that a 1% platform commission adds up — look elsewhere. The card has an Android app that isn’t on Google Play yet, and almost no independent reviews from real card users.

Will they give you the card?

Fluyez says the card is “Disponible en Latinoamérica” and “Toda Latinoamérica”. The line that tells you the most is “Funciona en Perú y toda Latinoamérica sin restricciones” — it works in Peru and all of Latin America without restrictions. So the geographic answer is a broad yes for the region, and no clear answer beyond it.

What that phrase doesn’t tell you is anything about citizenship versus residence, about minimum age, or about what happens to a Peruvian applicant abroad. Those details are not stated. What is clear is the one thing that matters most in practice: because the card rides on Visa, you can use it wherever Visa is accepted — that is the real answer to “can I use it in my country”, and it holds whether or not the local country is Latin American.

One more thing worth knowing about who issues it: Fluyez is not a bank. The company behind it is a crypto platform, registered in Peru. The card issuer itself is not named on the public pages — only a partnership with Visa is announced. So the entity whose name appears on your statement is not obviously the entity you have a relationship with, and that distinction matters if anything ever goes wrong.

How to get it

The signup is short, and the company is upfront about how short. You upload an identity document and complete a facial verification — a selfie check. Registration “toma menos de 2 minutos”; activation is “Inmediata (menos de 10 min)”. You request the virtual card inside your account and activate it in the app.

The card itself is described as a “Visa Virtual”. There’s a hint that a physical version exists — the page’s structured data mentions “tarjeta física y virtual” — but that isn’t confirmed in the visible text anywhere, so treat a plastic card as an unverified hope, not a feature. No delivery is promised, because the deliverable here is virtual.

On verification depth: an ID document plus a selfie, and nothing more is said. Proof of address isn’t stated, age requirements aren’t stated, and there are no published tiers of verification, no stated review times beyond the two numbers above, and no explanation of what gets an application rejected. If your situation is complicated — a second nationality, a residence in a third country, a name that doesn’t match your documents exactly — this is exactly the section where you should expect friction, because the card simply does not tell you how it handles those cases.

Fees and what a payment actually costs

Let me be direct about the most important thing in this review: Fluyez has not published the card’s fee schedule. The site says “Las comisiones dependen del tipo de operación” — commissions depend on the type of operation — and then stops. There is no table, no percentage for card spending, no FX rate, no ATM figure. What I can give you is the small set of numbers the platform does state, and the honest gaps in between.

On the headline “free” claim: it’s “Sin costos ni mantenimiento si llegas al monto mínimo de uso”. No cost and no maintenance *if you reach the minimum use amount* — and the minimum amount itself is not specified. That’s a promise with an undefined condition attached. It could mean you must spend a certain amount each period to stay free; it could mean something else. The issuance fee is not stated.

There is exactly one card, no tiers to climb, and no ATM terms. That’s the whole picture.

Now let me walk through three ordinary payments, because that’s the only way to test a fee schedule you can’t see. What follows shows where the missing numbers bite, not what you’ll pay — I won’t invent figures.

A coffee in Lima. You tap the card. The purchase is converted from your crypto balance to a fiat amount at the moment of payment. Two things you can’t compute: the 1% platform commission is the only stated cost, but the card’s own operation fee is “depends on the type of operation” and unstated. On top of that, crypto markets move — between the morning you priced your coffee in USDT and the moment it settled, the conversion rate is whatever the platform’s rate was at that instant. So the real cost of a small purchase is a percentage you can’t see plus a slippage you can’t control. This is the case where a single flat per-payment fee would matter most, and it’s precisely the number missing.

An online subscription in dollars. Now the missing currency line becomes the whole question. The card’s currency is not stated; the platform handles PEN and USD. If you’re billed in dollars, some conversion happens — but at what rate, with what markup, and whether a cross-border fee applies, is not stated anywhere I could find. If the merchant declines a prepaid or foreign card, or if an address-verification check fails because the card is foreign-issued, the payment fails too — a known category risk for anyone spending a crypto card online abroad. Add to that: from 5 October 2026, some competitor cards only reward crypto-funded spending; that’s their rule, not this one, but it’s the direction the market has moved.

Withdrawing cash. Not possible as far as I can tell, because ATM terms are not stated. The platform itself offers bank withdrawals in PEN and USD — $5 flat under $500, 1% from $500, minimum $6, up to 24 hours — but that’s cash out of the platform, not cash from the card. Returning a card balance to your bank account is not stated. So plan to spend, not to extract.

Top up options

You fund the card by depositing Bitcoin, USDT or ETH “u otras criptomonedas disponibles” — in plain terms, the three named coins plus others the platform lists. The mechanism is clean and it’s the card’s best feature: at payment, the equivalent crypto balance is deducted and converted to fiat. You’re not swapping coins yourself; the card does it.

What isn’t there is the network. Which chains Fluyez accepts for Bitcoin, USDT and ETH is not stated. This is not a technical footnote — it’s the single most common way people lose money on crypto cards. Send USDT on a network the provider doesn’t support, or to an address belonging to a different network, and the transfer is irreversible; the network cannot freeze or return it, and recovery becomes a support ticket with no guarantee. Before your first deposit, get the supported networks from Fluyez in writing. Don’t assume, because the sensible guess is always Tron for USDT and you’re not entitled to be lucky.

Platform-side costs for funding, where Fluyez does publish them: bank deposits are free, minimum $1. Buying crypto by card costs 4.65%, up to $5,000 per day. A card top-up from crypto has no fee stated. And on withdrawal, the bank withdrawal figures above apply to the platform; what happens to a card balance returned to your account isn’t stated.

Paying with it every day

Day-to-day, the card behaves like an ordinary Visa — which is the point. It works with Apple Pay and Google Wallet, so the common case is your phone in a contactless terminal. Each payment is approved in the app with biometrics, and the app offers block and unblock from your phone plus real-time notifications, so a lost or misused card is a tap away from frozen. Visa protection, PCI DSS compliance, 2FA and tokenised payments are all listed among the safeguards.

Beyond that, the practical picture thins out fast:

• No rewards. The page mentions no cashback, no points, no incentives. You get a way to spend, not a reason to earn.
• One app, half-available. There’s an iOS App Store listing, rated 3.7 from three ratings (I read it 21 October 2026). On Google Play it reads “Próximamente” — coming soon. So Android users, the larger half of the phone market, can’t simply download it.
• Disputes and chargebacks. Not stated. You don’t know how a contested payment is handled, and this is worth knowing before an expensive mistake rather than after.
• Restricted categories. Not stated. Many issuers block gambling and similar merchant categories on prepaid cards by policy, not by law, and the list varies by issuer. Here, silence.

The honest summary of daily use: the mechanics are modern and sound; the coverage around the edges is unwritten.

What can go wrong

I’ve looked for problems and I want to give you the actual result, which is unusually clean. I found no official incident involving the card, and searches for Fluyez card reviews and complaints returned nothing about Fluyez at all. On Trustpilot the score is 4.3, but it’s built on just nine reviews, all five-star, all dated August 2021, with none in the last twelve months (I read this 21 October 2026). Nine reviews from 2021 is not evidence of a well-used card; it’s evidence of an early, small user base. No complaint themes emerged because there were almost no complaints to read.

The risks here are therefore not “this company has a history of problems” — they are “this product is early, and the facts a customer needs are not written down.”

The company behind it is Fluyez Digital Investments S.A.C. (the name on the App Store listing), based in Peru. Bit2Me acquired a stake — 1 million euros per the company’s own site, reported as July 2022 in the news — which is a vote of confidence from a known European player, and I’d count it in the card’s favour. Fluyez is registered with Peru’s SBS as a virtual asset service provider under Resolución N° 02568-2021. But it is not a bank, and the bank that would actually issue the card is not named. Visa is a partner, not your issuer of record on paper.

On safety of funds: the card advertises Visa protection, PCI DSS, 2FA, in-app freeze, notifications, tokenised payments and biometric per-transaction approval — a solid checklist. What it does not state is the custody model. Whether your crypto sits in a wallet you control or in the platform’s books is the difference between a lost seed phrase being your problem and a provider failure being your problem, and the card doesn’t say which it is. Given the platform is SBS-registered and not a bank, I’d assume custodial until told otherwise. Custody carries real counterparty risk: Mt. Gox (about US$350 million reported stolen, 2011–2014), Coincheck (about US$400 million, 2018) and the Ronin Network bridge (US$625 million, 2022) are the industry’s standing reminders. Stablecoins can also break their peg — TerraUSD collapsed in May 2022, USDC wobbled in March 2023 — so “stable” is a target, not a guarantee.

Two timing facts to keep in view: on 20 January 2026 news reported Fluyez preparing a public launch of the crypto card with Visa, so the product you’re reading about is genuinely new; and Fluyez’s own site advertises the Peru Blockchain Conference, 10–11 July 2026 in Lima, which is a sign of an active company rather than an abandoned one. Support is advertised as “Español completo 24/7”, with a Peru phone/WhatsApp number (+51 993808611) and an email — real channels, Spanish-only, so if you don’t speak Spanish you’re relying on written translation.

One last risk that isn’t Fluyez’s: where the card is accepted is not entirely up to Fluyez. A prepaid or foreign-issued card can be declined at the till, and online address-verification checks fail often for foreign cards. Visa can also suspend a programme it licenses. In November 2022 Visa terminated its global agreements with FTX and the FTX US debit card was wound down — the standard reminder that a crypto card’s life depends on partnerships, not just on you.

What to take instead

If you’re outside Latin America, or you want a card whose fees are actually published, the comparison set below is where I’d look. These are the alternatives that came up, with their own scores, so you can weigh them against the 5.5 here.

MSX — 6.4 / 10. The highest score in the set, and the thinnest public detail: I could read no official page stating who can get it, what the card is, what it costs, its fees, its funding routes, or any rewards. A higher number built on less information is a warning in itself.

Bybit Card — 6.0 / 10. By far the most documented, and the most complex. Where it’s supported — Argentina, AIFC (Kazakhstan), Georgia, Kazakhstan, Australia, Mexico, Brazil, Peru, Asia Pacific — it offers virtual and physical cards on Mastercard or Visa by country. The products page states plainly: “This product is not meant for European Economic Area customers. All European Economic Area customer participation is strictly prohibited.” Its crypto-conversion fee is 0.9% over the One-Click Sell rate in most regions (0.5% Argentina; not supported in Peru), FX fees run 2% on top of the network rate in Australia, Asia Pacific, Georgia, Mexico and Kazakhstan, 7% in Argentina, 1.5% in Brazil, 1% in Peru. Virtual issuance is free “until further notice”; physical issuance is 29.99 USD in Australia, 5 USD/USDT in Argentina, 29.99 USDT in Georgia, Kazakhstan and Asia Pacific, free in Brazil and Mexico. Rewards are generous but conditional: from 5 October 2026 only crypto-funded transactions earn points or cashback, on a tier ladder from Base at 2.00% (5 USD monthly cap) to Infinite at 10% (600 USD cap). That conditionality is the catch — spend fiat from your balance and you earn nothing.

MEXC — 5.6 / 10. Close to Fluyez on score and openly incomplete: virtual card only, physical “not yet available”, network and currency not stated, and an issuance fee listed as 20 USD (the page seems to show it beside a 0 USD discounted price, which is unclear). Funding is USDT into the Fiat account; networks not stated. Cashback by M-Score tier — Standard 4% capped at 100 USDT a month up to Elite 10% capped at 800.

If you’re a Latin American crypto holder, Bybit is the one I’d actually read the fine print on — it publishes everything Fluyez doesn’t, which makes the costs knowable in advance. But its regional rules are strict, and EEA customers are excluded outright.

Who I’d recommend it to

I’d recommend this card to exactly one person: a crypto holder in Peru or elsewhere in Latin America who already keeps Bitcoin, USDT or ETH on the platform, spends a decent part of it locally, is comfortable with 1% per operation plus an unstated margin, and treats the balance as spend money rather than savings. For that person it’s a genuinely useful bridge — instant virtual activation, Apple Pay and Google Wallet, biometric approval per transaction, an app you can freeze from, no stated maintenance cost once you’re using it, and a company with a serious investor behind it and a real SBS registration.

I would not recommend it to you if any of these are true. You’re outside Latin America. You need a physical card or reliable ATM access. You want to know exactly what a payment costs before you make it. You spend on Android and can’t wait for a Google Play release. You intend to hold a large balance long-term — the custody model is unstated and it isn’t a bank. Or you simply want a card with a body of independent user reviews behind it, because Fluyez’s nine Trustpilot reviews from 2021 won’t reassure anyone today.

My actual advice, if Fluyez is on your shortlist: open the account, read the in-app fee schedule yourself (the website clearly has more than the marketing page), fund it with a small amount first, confirm the supported networks in writing before any transfer, and treat the card as a convenience until the numbers are public. That’s not pessimism about the product — it’s just what a 5.5 deserves.

Frequently asked questions

What is the Tarjeta Cripto Fluyez card?

It’s a virtual Visa card issued through Fluyez, a Peruvian crypto platform. You deposit Bitcoin, USDT or ETH, and at each payment the equivalent crypto balance is deducted and converted to fiat, so you spend from your crypto without swapping coins yourself. Fluyez says it works across Peru and all of Latin America, and it’s usable wherever Visa is accepted.

How does the Tarjeta Cripto Fluyez card work?

You deposit crypto into the platform, the platform holds it, and when you pay, the matching crypto amount is taken from your balance and converted to the fiat amount the merchant charges. The card is virtual, activates in the app in under ten minutes, and each transaction is approved with biometrics. You can also hold a cash balance in PEN or USD.

Is the Tarjeta Cripto Fluyez card a bank or a bank account?

No. It’s issued by Fluyez Digital Investments S.A.C., a Peruvian company registered with the SBS as a virtual asset service provider under Resolución N° 02568-2021 — not a bank. The bank that actually issues the card isn’t named on the public pages; only a Visa partnership is announced. Your crypto is held on the platform, and the custody model isn’t stated.

Who owns Tarjeta Cripto Fluyez?

The App Store seller is Fluyez Digital Investments S.A.C., based in Peru. In July 2022 Bit2Me acquired a stake, reported as 1 million euros on Fluyez’s own site. That’s a reasonably solid European crypto name as a backer, though it doesn’t change the fact that Fluyez itself isn’t a regulated bank.

Is the card available in my country?

Fluyez says “Toda Latinoamérica” and that it works in Peru and all of Latin America without restrictions, so within the region the answer is yes. Outside the region the pages say nothing definitive, though the card will work wherever Visa is accepted. Country-of-residence rules, citizenship rules and minimum age are all not stated, so check with support if you’re outside Latin America.

What fees does the card charge?

This is the weak point. Card fees aren’t published — the site says only that commissions depend on the type of operation. The one stated figure is a 1% platform commission per operation, plus “no costs or maintenance” once you reach a minimum use amount that itself is never specified. Issuance, FX, ATM and card-specific spending fees are all not stated. Work out the real cost before you rely on it.

How do I top up the card?

Deposit Bitcoin, USDT or ETH, or other cryptocurrencies the platform lists. At payment the crypto balance is deducted and converted to fiat. On the platform side, bank deposits are free with a $1 minimum, and buying crypto by card costs 4.65% up to $5,000 per day. Critically, the supported blockchain networks are not stated — confirm them in writing before sending anything, since a wrong-network transfer is usually unrecoverable.

Is the card safe, and is my crypto protected?

Fluyez lists Visa protection, PCI DSS, 2FA, in-app freeze, real-time notifications, tokenised payments and biometric approval per transaction — a solid checklist. What isn’t stated is whether the crypto is held in a wallet you control or on the platform’s books, so assume custodial. Deposits on the wrong network are irreversible, and stablecoins can lose their peg, as TerraUSD did in May 2022 and USDC briefly did in March 2023.

Does the card work with Apple Pay and Google Wallet?

Apple Pay works, and Google Wallet is supported — the card page says so directly. One catch worth knowing: the Android app isn’t on Google Play yet, the listing reads “Próximamente”. The iOS app is available with a rating of 3.7 from just three ratings, so neither app has a meaningful user history to judge it by. Blocked merchant categories aren’t stated either.

Is it worth it compared with Bybit, MSX or MEXC?

Fluyez scores 5.5 here, against MSX 6.4, Bybit 6.0 and MEXC 5.6. If you’re eligible and want published numbers, Bybit is the most documented option, though its conversion fee is 0.9% and FX fees run 1% to 7% by region, and EEA customers are excluded outright. MSX scored highest with almost no public detail, and MEXC is virtual-only with an unclear 20 USD issuance fee. Fluyez wins mainly on region and simplicity, not on transparency.

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