Wallib is cheap and simple if you spend in Colombia, and thin on detail everywhere else

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

Wallib is a Colombian fintech company that issues a reloadable Visa debit card, virtual and ready as soon as you finish signing up, which you fund with bitcoin, USDT, or pesos and then spend as a peso balance. Creating and activating it costs nothing, there is no monthly fee listed, and a purchase in Colombian pesos carries no card-side charge; the sting is in the recharge, which is 0.1% plus 1,000 COP plus VAT each time you load it. That package is genuinely attractive if you are a Colombian resident paying local merchants from crypto. If you live elsewhere, if you need a physical card, or if you want to know who holds your money and under which licence, the card’s own pages do not tell you enough to make that call with confidence.

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

My verdict: 5.4 out of 10

I gave this card 5.4 out of 10. It scores well on price and poorly on reach, and the middle of the range is exactly where a Colombian user who already holds BTC or USDT should land.

Who this suits: a resident of Colombia who earns in pesos, holds BTC or USDT, and wants to pay merchants without converting to a bank account first. The audience the card is built around is Colombian residents paying in pesos from BTC or USDT, and if that is you the cost line is the strongest thing here.

Who it does not suit: anyone outside Colombia who wants this as their primary card, anyone who needs a physical card in the post, anyone who needs cash from an ATM, and anyone who wants to read a licence number or an issuing bank name before loading funds.

The 2 out of 10 for reach is the honest anchor for the whole review. International purchases work at any merchant that accepts Visa, which sounds like universal acceptance, but the card is launched for Colombian domestic use and the issuing arrangement behind it is not named. A card that only makes economic sense in one currency and one country is not a general-purpose payment tool, and the score reflects that.

Will they give you the card?

The launch market is Colombia, and the card is aimed at domestic purchases at merchants in that country. The site also names Mexico. Beyond that, the site says international purchases work at any merchant that accepts Visa, and that sends go to “cualquier banco, billetera o tarjeta en Latinoamérica” — any bank, wallet, or card in Latin America.

So the practical answer is: eligibility is tied to Colombia, not to the internet. The card is a Colombian product that happens to work abroad. If you are in Bogotá and pay local shops, you are the intended user. If you are in Lisbon or Manila, a Visa number does not make this your card — the balance sits in Colombian pesos and your own eligibility is unaddressed.

Two further points worth holding onto. The card is a reloadable Visa *debit* card, not a credit card, and its balance is always in COP. And the company behind it is a fintech, not a bank — which is the single most important question you should ask before you load money, and the one the public pages leave open. I would not treat “is Wallib a bank” as settled either way until you see the issuing bank named.

How to get it

The route is short and requires identity verification before anything activates. In the order the card describes:

• Create your Wallib account and get your identity verification (KYC) approved.
• Activate the virtual card in the app.
• Recharge it from BTC, USDT, or COP.

The gate is the KYC approval, and a first deposit of at least 20,000 COP is required. The documents you need, whether proof of address is required, and the minimum age are not stated on the public pages, so plan on having identification ready and expect to ask support. The card mentions a “verificación de primer nivel”, but the levels, the processing time, and the reasons a check might be rejected are not stated — so I cannot tell you how long you will wait or what a refusal looks like.

The card itself is virtual and available immediately. A physical card is mentioned only in passing, with no ordering steps described, and no delivery time given. Treat the plastic as unconfirmed rather than as a slow version of the virtual one.

Fees: what it really costs

This is the strongest part of the card. Creating it is $0, activation is free, and no monthly or annual fee is listed. There is a single card and no tiers, so there is nothing to upgrade to and no fee to negotiate away.

Two everyday payments, to make the arithmetic concrete rather than theoretical:

Coffee in Bogotá. You buy for 20,000 COP with the card balance. The card-side fee is 0%, so the cost is 20,000 COP out of your loaded balance. Nothing else applies.

A subscription billed in dollars. The same card, same price, but the merchant charges in USD. Visa adds 1.2% of the purchase value on top. That is the number to plan around if you hold a dollar-denominated subscription on this card — the peso-side purchase is free, the foreign-currency one is not, and the rate Visa charges is a cost of using the network rather than something Wallib sets.

The fixed 1,000 COP plus VAT component of the recharge fee is the part that punishes small loads. Load a little, pay a lot of the fee; load a lot, pay a little. That is the practical reason to batch top-ups rather than trickle them.

The limits deserve one more look. A daily purchase ceiling of 10,000 USD or its peso equivalent is generous for a card whose cheapest use case is a local coffee, and it tells you the card is not built for large transfers. But the ATM situation and the monthly limit are not stated, so I cannot tell you whether this card can get you cash at all. If you need an ATM, that is an unanswered question before you commit.

Top up: three routes in, all ending in pesos

You can reload from BTC, USDT, or your COP balance, and whatever arrives is converted to COP at the moment of loading. The balance is always in Colombian pesos, so this is a card that converts once, on the way in, and then behaves like an ordinary peso card.

The fee applies to every reload: 0.1% plus 1,000 COP plus VAT. The minimum first deposit is 20,000 COP. A fiat top-up draws on your COP balance rather than a bank transfer. The networks are not stated — and that is not a small gap, because USDT in particular exists on several chains with different costs and different settlement rules.

Before you send anything, you want to know which network to use. Here is the background that makes the gap matter. USDT has been issued on networks including Ethereum, Tron, Solana, Polygon, Avalanche, and others. Ethereum charges gas in ETH, so a wallet holding USDT with no ETH cannot send it. Tron prices fees through bandwidth and energy, often burning TRX. Stablecoins can also de-peg: TerraUSD collapsed in May 2022, and USDC temporarily lost its peg in March 2023. Blockchain transfers are irreversible, so a deposit sent on a network the provider does not support, or to an address belonging to a different network, can be lost or need manual recovery with no guarantee attached. Nobody at Wallib is going to be able to fix a wrong-network transfer for you.

On the way out: withdrawing from the card back to your Wallib balance is 0% with no fixed fee. What happens to a balance when you close the account, and whether you can take money out to a bank, are not stated — so if you plan to leave, ask first.

Paying with it every day

The everyday mechanics are the straightforward part. Add it to Apple Pay or Google Pay at no additional cost, and pay online, on subscriptions, or anywhere that takes COP with a Visa. Apps exist for iPhone and Android; I did not read the store ratings, so I am not going to tell you how people rate them.

There is a cashback offer, and it is the most interesting feature outside the fee schedule: 1% bitcoin cashback on eligible purchases over 10,000 COP, capped at 20 cashback transactions and 3,000,000 COP of eligible purchases per month, paid into the Wallib BTC wallet once the payment is confirmed. So the card pays you back in the asset you loaded it with. Whether you want that is a personal question about how much of your spending you want denominated in bitcoin.

What is not stated: which merchant categories are blocked, and how disputes work. The second one has a general context worth knowing. A chargeback is a refund the card issuer orders to settle a dispute, with reason codes such as fraud, duplicate billing, or goods not received. Whether you can rely on that here is unclear from the public material. Some merchants also decline prepaid or foreign-issued cards because a BIN lookup reveals the card type and issuer country — and this card’s balance and issuing country are Colombian, which is exactly the profile that can attract extra scrutiny abroad.

Two other general mechanics bear on daily use. Declined authorisations can leave a hold on funds for several days, typically up to 7. And address verification, which compares the numeric parts of a billing address against issuer records, is mainly offered in the US, Canada, and the UK and is generally unavailable for foreign-issued cards — a common cause of declines. If a foreign merchant refuses your payment, that is often why, and it is not a broken card.

What can go wrong

The honest answer is that the failure modes here are mostly about things the card does not tell you.

Nobody named the bank. Wallib is a Colombian fintech based in Bogotá, a member of Colombia Fintech, with CEO Cristian Peñaranda and a legal entity given as Wallib SAS. The issuing bank and the licences are not named. A card number is not a bank account; the issuer is the institution licensed to hold the programme. Here, you can read the network rules but not who stands behind the balance.

Nobody named the custody arrangement. Two-factor authentication is available, and you can freeze, block, and unblock the card in the app. Whether your crypto is held in custody, and how safeguarded it is, is not stated. This matters more than it sounds. Custodial platforms have a real record of failure: Mt. Gox, roughly US$350 million reported stolen between 2011 and 2014; Coincheck, about US$400 million in 2018; Ronin Network, US$625 million in 2022. If the provider holds the credentials, you are trusting them completely, and a seed phrase in anyone’s hands can restore a wallet and spend it, with no built-in recovery.

Programmes close. Visa and Mastercard do not issue crypto cards to consumers themselves; they license issuers and can suspend a programme. In November 2022 Visa said it had terminated its global agreements with FTX and the FTX US debit card programme was wound down by its issuer. WaveCrest, a Visa issuer that supplied crypto card brands, was suspended by Visa in Europe in 2018, closing all of its programmes. The pattern is that closure notices come, then loading stops, then spending stops, then you are asked to withdraw. I could not find a Trustpilot page for Wallib or any complaint themes, so I cannot tell you how Wallib handles this for its own users.

No complaint history either way. A search for Wallib reviews returned no pages about Wallib. The site shows its own testimonials rating of 4.5 out of 5, which is the company grading itself. Absence of complaints is not the same as absence of problems.

Support exists, in two languages. There is an Intercom help centre (“Habla con nosotros”) with FAQ pages, and accounts on Instagram, Telegram, and Facebook. The site is in Spanish with English help articles available. Given how many items on this card are not stated, that help centre is where you will be filling the gaps — which is worth doing before your first load rather than after.

The expansion story. On 7 May 2024 the Visa debit card launched with the first 1,000 cards free through a referral campaign, targeting 1 million cards by the end of 2025, and expansion planned to Mexico, the US, and Peru. That is a young company with ambitious targets, which cuts both ways: it shows momentum and it shows how much can still change.

What to take instead

The comparison is more useful than a straight ranking, because these four cards differ on *what* they are rather than on quality.

Whop Cards is the closest in shape: a Visa that works anywhere Visa is accepted, online and in stores. The page says “No extra fees” and lists no issuance or monthly amounts. It spends from a Whop balance, where a pending balance becomes usable as soon as a payment arrives and standard withdrawals use settled funds. Cashback is 5% at select merchants, currently Uber. The limitation is geography — US states, with a specific list, and unsupported countries for consumers include Belarus, China (Mainland), Cuba, Hong Kong, India, Iran, Iraq, Israel, Myanmar, Nepal, Nicaragua, North Korea, Russia, Syria, Turkey, Ukraine, Venezuela, and Vietnam.

Stella scores highest of the four at 6.5 out of 10. It offers virtual and physical Visa cards working at “over 40 million VISA merchants globally”, and topping up with crypto automatically tops up the card from a custodial in-app wallet. Its terms bar users under economic sanctions programmes and route US and European users through affiliates. Fees are not stated officially — they are described as covered under the user agreement or in the app — and no card cashback is stated, since the Earn product is separate yield.

UniFi Card is a “Prepaid Debit Visa Card” issued by Lead Bank, with a USD balance and Apple Pay support. You fund it with ACH, wire, SEPA (IBAN), or SPEI (CLABE), and can get paid to a USDC wallet. Its app store listing mentions send-money routes to the Philippines, Mexico, the eurozone, and recent release notes for Colombia, Brazil (PIX), and the UK. The listing claims “3% rewards on balances” while card cashback is not stated, and fees are not stated beyond “Fees may apply.”

Two observations from this table. First, none of these cards publishes its conversion or FX fees the way Wallib does — Wallib’s fee schedule is the most legible of the four, which is a real point in its favour even at 5.4 out of 10. Second, eligibility is the dividing line everywhere. A card that works in Colombia but not for you is not cheaper for being cheap.

Who I would recommend it to

I would recommend Wallib to a resident of Colombia who already holds bitcoin or USDT, pays ordinary local merchants, and has decided they want a peso card funded from crypto without routing through a bank. In that situation the numbers are good: no issuance, no monthly fee, no fee on peso purchases, and 1% bitcoin cashback on eligible spending over 10,000 COP.

I would not recommend it to anyone planning to use it as a primary international card, to anyone who needs cash from an ATM, to anyone waiting on a physical card in the post, or to anyone who wants a published licence and a named issuing bank before loading funds. If any of those describe you, look at the alternatives above — and weigh the fact that all four leave more unanswered than Wallib’s fee page does.

What I would do first, before anything else: ask the help centre three questions. Which network should I send USDT on? Who is the issuing bank? What happens to my balance if I want to close the account? Those three answers would move this review’s score more than anything else, and only a person at the company can give them.

Frequently asked questions

What is the Wallib card?

Wallib is a reloadable Visa debit card issued by a Colombian fintech company of the same name, based in Bogotá. You load it with bitcoin, USDT, or Colombian pesos, and the balance is always held in COP. The virtual card appears as soon as your account is verified; a physical card is mentioned on the site but no ordering process is described.

How does the Wallib card work?

It works like a prepaid card. Crypto is converted to Colombian pesos at the moment you recharge, and the card then spends only that loaded balance, so it cannot go negative. Purchases in pesos carry no card-side fee. Purchases in another currency add a 1.2% charge from Visa on top of the purchase value.

Is Wallib a bank?

No — Wallib describes itself as a fintech, and it is a member of Colombia Fintech. The issuing bank and the licences are not named on the public pages, and neither is the custody arrangement for crypto held in the app. If the licensing question matters to you, ask support before you load funds.

Who can get the Wallib card?

The launch market is Colombia, and the card is aimed at domestic purchases there; the site also names Mexico. International purchases work at any merchant accepting Visa, and the site says sends go to any bank, wallet, or card in Latin America. Documents needed, proof of address, and the minimum age are not stated.

Does the Wallib card require identity verification?

Yes. Your account must be created and identity verification approved before the card activates, and a first deposit of at least 20,000 COP is required. A first-level verification is mentioned, but the levels, processing time, and rejection reasons are not stated on the public pages.

How do I top up the Wallib card?

You reload from BTC, USDT, or your COP balance, and the amount is converted to pesos at the time of loading. Every recharge costs 0.1% plus 1,000 COP plus VAT, so frequent small loads are expensive relative to their size. Critically, the networks are not stated — confirm which one to use before sending USDT, since transfers on the wrong network can be lost.

Is the Wallib card free?

Card creation is $0 and activation is free, with no monthly or annual fee listed. There is a single card with no tiers. The costs that do exist are the recharge fee of 0.1% plus 1,000 COP plus VAT, and Visa’s 1.2% on purchases in a foreign currency. Limits: daily purchases up to 10,000 USD or its COP equivalent; ATM and monthly limits are not stated.

Can I add the Wallib card to Apple Pay?

Yes — Apple Pay and Google Pay are both supported at no additional cost, on iPhone and Android. Apps exist for both platforms, though I did not read the store ratings. One thing to keep in mind is that merchant category blocks are not stated, and a declined authorisation can leave a hold on your funds for up to 7 days.

Is the Wallib card safe?

It has the standard safeguards: two-factor authentication and the ability to freeze, block, and unblock the card in the app. What is not stated is who holds your crypto and how it is safeguarded, and there is no Trustpilot page or public complaint record I could find — absence of complaints is not the same as a clean track record.

Is the Wallib card worth it?

For a Colombian resident paying local merchants from BTC or USDT, I think so: no monthly fee, no peso-purchase fee, and 1% bitcoin cashback on eligible spending over 10,000 COP, up to 20 cashback transactions and 3,000,000 COP per month. For anyone else, the missing details — issuing bank, ATM support, networks, physical card delivery — decide it against the card.

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