Issuer referenceNeobank / money appMastercard

Mercado Pago Debit Mastercard

Name: Mercado Pago Debit Mastercard
Brand: Mercado Pago Wallet

A free Mexico Debit Mastercard tied to Mercado Pago Wallet, with separate Meli Dolar access.

Mercado Pago Debit MastercardMastercard

Mercado Pago Debit Mastercard is a Mexico wallet-balance card available in physical and virtual form, with contactless, international purchase, and cash-withdrawal support. Mercado Pago separately offers Meli Dolar in the app. Because the reviewed card sources do not show card-network authorization directly against that stablecoin balance, this record remains fiat-funded rather than being labeled a direct stablecoin card.

Go to official site View all cardsReviewed 2026-08

Rewards

No verified cashback

Fees

MXN 0 account monthly fee and MXN 0 debit-card annual fee

Custody

Custodial

Eligibility

Mexico for eligible adult Mercado Pago users with a verified account. The physical and digital cards spend the available Mercado Pago Wallet balance.

Fees

Monthly feeMXN 0 account monthly fee and MXN 0 debit-card annual fee

IssuanceMXN 0 issuance and annual fee on the current Mexico account pricing page

FXInternational use is documented, but the reviewed pages do not publish one consolidated current FX schedule; confirm network conversion and any live charge in the app

ATMTwo free monthly withdrawals at Soriana, Circle K, and 7-Eleven, then MXN 10; Mercado Pago Express withdrawals are free under the current account page

Top-upsThe card spends Mercado Pago Wallet fiat balance. Meli Dolar is separately available in the app, but the reviewed card sources do not prove direct stablecoin authorization at the card network.

Rewards

Promotions and Meli+ benefits can vary; no fixed debit-card reward rate is attributed here.

Availability

Mexico for eligible adult Mercado Pago users with a verified account. The physical and digital cards spend the available Mercado Pago Wallet balance.

Latin America

Official sources

Mercado Pago Mexico accountCurrent Debit Mastercard issuance and annual fee, account price, partner-store withdrawal allowance, and regulatory presentation.Mercado Pago debit cardCurrent physical and digital Debit Mastercard, wallet-balance spending, contactless, international purchases, and cash withdrawals.Meli DolarCurrent separate in-app Meli Dolar buying, holding, and selling capability.

Pros & cons

Pros

Free issuance and annual fee
Physical and virtual Mastercard
Contactless and international use
Two free monthly partner-store withdrawals
Meli Dolar available separately in the app

Cons

Mexico-specific card record
Fiat wallet funding, not direct stablecoin spending
KYC required
Partner-store withdrawal allowance is limited
No fixed debit-card cashback rate

Best for

Mexico residents already using Mercado Pago
Users wanting free physical and virtual debit cards
Meli Dolar users comfortable keeping card funding separate

Alternatives

Nubank Mastercard

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Global66 Smart Card

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AstroPay Mastercard

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Inter Mastercard

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This is not financial advice. Conditions change frequently: verify fees, rewards, custody and eligibility on the official site before applying.

Fees

Monthly feeMXN 0 account monthly fee and MXN 0 debit-card annual fee

IssuanceMXN 0 issuance and annual fee on the current Mexico account pricing page

FXInternational use is documented, but the reviewed pages do not publish one consolidated current FX schedule; confirm network conversion and any live charge in the app

ATMTwo free monthly withdrawals at Soriana, Circle K, and 7-Eleven, then MXN 10; Mercado Pago Express withdrawals are free under the current account page

Top-upsThe card spends Mercado Pago Wallet fiat balance. Meli Dolar is separately available in the app, but the reviewed card sources do not prove direct stablecoin authorization at the card network.

Pros & cons

Pros

Free issuance and annual fee
Physical and virtual Mastercard
Contactless and international use
Two free monthly partner-store withdrawals
Meli Dolar available separately in the app

Cons

Mexico-specific card record
Fiat wallet funding, not direct stablecoin spending
KYC required
Partner-store withdrawal allowance is limited
No fixed debit-card cashback rate