The El Dorado Card is a Visa debit card with no annual fee, available in 11 LATAM countries (NOT US).
El Dorado is a Latin American peer-to-peer crypto and stablecoin app operated by El Dorado Labs PY Inc, with El Dorado Labs S.R.L. registered as a virtual asset service provider (PSAV No. 63) on Argentina's CNV register since August 2024. Its prepaid card is issued by Lead Bank under a Visa licence, with Bridge Ventures LLC as program manager.
The El Dorado Card is a crypto debit card offered by El Dorado, available in 11 LATAM countries (NOT US). There is no annual fee to hold this card.
Note that the card is virtual only. It runs on the Visa network and requires full identity verification.
New to crypto cards? Read our complete buyer's guide to understand fees, rewards, and how to choose. Concerned about privacy? See our KYC vs non-KYC comparison. Compare more options in our best crypto cards in Latin America guide. See where it ranks among the best crypto debit cards.
| Tier | Rate | Requirement |
|---|---|---|
| Standard | 0% | No cashback programme. Club Dorado is a salary-deposit loyalty scheme offering fee-free deposit days and merchant discounts, not card cashback |
On $500/mo spend, the estimated monthly cost breakdown for El Dorado Card is: gas $0.00, conversion spread $7.50, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 1.5% of spend. After $0.00/mo cashback that is still a net cost of about $7.50/mo ($90.00/yr). El Dorado Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. Figures are conservative estimates and vary with conditions.
Note: A virtual-only prepaid Visa denominated in USD, funded exclusively from the El Dorado wallet and backed by USDC, with USDT automatically converted to USDC on load. The balance is pre-funded rather than converted at the point of sale. Explicitly not a credit card, and no physical card exists. Cash withdrawal is prohibited outright by the terms, so there is no ATM access, and peer-to-peer transfers from the card are also prohibited. One card per user. Apple Pay and Google Pay are supported. A separate US virtual account at Lead Bank provides an account and routing number for ACH and wire, capped at USD 10,000; there is no IBAN and no SEPA. STATUS NOTE (2026-08-27): live status is genuinely ambiguous. The cardholder terms were last modified 29 July 2026, nine how-to articles are published, and a card-reissue migration article implies existing cardholders, but the Spanish card page still shows a waitlist signup and both app store listings describe the card as coming soon. VERIFICATION GAP: the conversion spread and the foreign exchange fee are not published anywhere; marketing claims only that USD payments carry no conversion. Note also that the terms link to a cardholder agreement hosted on a different brand's Bridge instance, so the zero percent international transaction figure on that page is another company's disclosure and is not recorded here. Separately, a wallet-level yield product advertises 3.8% annually on USDT with no stated basis, from a post over a year old; it is not a card feature and is not recorded.
Other crypto cards in the same region or category that may suit your spending profile:
The El Dorado Card is a crypto debit card offered by El Dorado. It is available in 11 LATAM countries (NOT US) and allows users to spend cryptocurrency at merchants worldwide.
The El Dorado Card has an annual fee of $0. Additional fees: ATM: Not supported (cash withdrawal prohibited).
The El Dorado Card has the following limits: daily spending limit: USD 2,000. Limits can vary by account tier and verification level.
Supported assets include USDC, USDT; top-up methods include El Dorado wallet balance; crypto deposits are supported on Arbitrum, Tron.
Yes. The El Dorado Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The El Dorado Card is available in 11 LATAM countries (NOT US).
The El Dorado Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the El Dorado Card supports Apple Pay and Google Pay for contactless payments.
The El Dorado Card is issued by Lead Bank. The BIN sponsor is Bridge Ventures LLC.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.