Binance / Pomelo Instituição de Pagamento Ltda. (Brazil; Mastercard licensed) · MASTERCARD
Available
A Brazilian Mastercard with virtual and physical cards, issuer Pomelo, and crypto-funded spending.
Observed 2026-10-05
The current Brazil FAQ names Pomelo Instituição de Pagamento Ltda. as card issuer under Mastercard license. Brazil residents with completed identity verification can apply; the virtual card arrives first and physical issuance is free with 10 USDT-equivalent assets. Apple Pay is supported.
Binance Support ↗Observed 2026-10-05
The current fee page lists BRL 0 annual and first physical issuance fees, a 10 USDT-equivalent balance condition, BRL 30 cancellation within the first year (BRL 0 after), 1%-2% foreign exchange, 0.9% crypto conversion, two free monthly ATM withdrawals and USD 1.50 afterward. Spending and cash limits vary by KYC level, and additional local, network, spread and IOF charges may apply.
Binance Support ↗Observed 2026-10-05 · Effective 2026-06-01
Since June 1, 2026, monthly crypto-funded spend earns 1.5% below BRL 500, 2% from BRL 500 to below BRL 5,000, or 3% from BRL 5,000 with BRL 500 maximum cashback in that top tier. Reaching a tier applies its rate retroactively; BRL-funded transactions and ATM/cash-like spend do not qualify. From September 29, payouts are credited in BRL to Spot on the 10th of the following month. This replaces the original launch copy that advertised up to 2%.
Binance Support ↗Observed 2026-10-05
The current payment guide lists USDT, USDC, FDUSD, BNB, BTC, ETH, SOL, ADA, LINK and XRP across Funding, Spot and Simple Earn Flexible. Cardholders select 3-12 assets in payment priority order.
Binance Support ↗A plan with verified numerical rules has not yet been recorded for this profile.
Each source states what it documents and when it was checked. An older reference does not confirm every current cost.
Current Brazil overview updated 2 September 2026: eligible Brazil residents with identity verification can apply; the virtual card is issued first, a physical card has no issue fee and requires 10 USDT-equivalent assets, and card issuer is Pomelo Instituição de Pagamento Ltda. under Mastercard license. Apple Pay is supported.
Checked 2026-10-05
Current cashback FAQ updated 25 September 2026: since 1 June, monthly BRL spend tiers pay 1.5% below BRL 500, 2% from BRL 500 to below 5,000, and 3% at BRL 5,000 or more with BRL 500 reward cap; higher tier applies retroactively, tiers reset monthly, and settled crypto-funded spend qualifies while BRL-balance-funded purchases and ATM/cash-like, financial, government and gambling categories are excluded. Cashback is in BRL and since 29 September is credited to Spot on the tenth of the following month.
Checked 2026-10-05
Current fees and limits FAQ updated 2 June 2026: 1-2% foreign-exchange fee, 0.9% crypto-conversion fee, no annual fee, no first physical issuance fee with at least 10 USDT equivalent available, BRL 30 cancellation fee within the first year and BRL 0 after, two free ATM withdrawals monthly then USD 1.50 each. Daily/monthly/annual spend and cash limits vary by KYC level; network, local, spread and IOF costs may also apply.
Checked 2026-10-05
Payment FAQ updated 12 August 2026 and checked 8 October 2026: payments use selected assets from Funding, Spot and Simple Earn Flexible according to account payment priority; supports USDT, USDC, FDUSD, BNB, BTC, ETH, SOL, ADA, LINK and XRP; users select 3-12 priority assets.
Checked 2026-10-08
Funding guide checked 8 October 2026: direct top-up to the Brazil Card by third-party payment service providers is unsupported; crypto in the Spot/Funding accounts converts to fiat automatically at payment.
Checked 2026-10-08
Earn source guide updated 24 April 2026 and checked 8 October 2026: Flexible Earn can be enabled as a card funding source; when Funding and enabled Spot balances are insufficient, one Earn currency with sufficient balance covers the entire payment. Spending redeems the corresponding flexible product amount and stops future rewards on that amount; unavailable redemption can cause a decline.
Checked 2026-10-08
Transaction FAQ updated 25 September 2026 and checked 8 October 2026: a cancelled pending transaction is automatically returned after 30 days; merchant refunds are typically processed within 30 business days, purchase fees are not refunded, and cashback can be clawed back. The FAQ says refund distribution moves to Spot starting 29 September 2026.
Checked 2026-10-08
October 2025 Brazil relaunch announcement confirming the Mastercard network, crypto conversion at purchase, and product launch context; current fees, issuer and rewards use the newer Binance Support sources.
Checked 2026-10-05
