The Lemon Card earns 0.1-2% BTC cashback on a Visa debit card with no annual fee, available in Argentina/Peru.
Lemon (Lemon Cash) is an Argentine crypto fintech founded in 2019 by Marcelo Cavazzoli, headquartered in Buenos Aires, that offers a wallet, exchange, and prepaid Visa card for users across Latin America. The company raised a Series B led by US funds F-Prime and ParaFi.
The Lemon Card is a crypto debit card offered by Lemon Cash, available in Argentina/Peru. It offers 0.1-2% BTC cashback across 4 reward tiers, giving users the ability to earn higher rates as they increase their commitment. There is no annual fee to hold this card.
Best suited for Bitcoin holders who want to stack sats on everyday spending. It runs on the Visa network and requires standard 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 |
|---|---|---|
| Argentina Peso | 0.5% | Pay with ARS (Argentina) |
| Argentina Crypto | 2% | Pay with crypto (Argentina) |
| Peru Sol | 0.1% | Pay with PEN (Peru) |
| Peru Crypto | 1% | Pay with crypto (Peru) |
On $500/mo spend, the estimated monthly cost breakdown for Lemon Card is: gas $0.00, conversion spread $2.50, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 0.5% of spend. After $3.00/mo cashback that nets a gain of about $0.50/mo ($6.00/yr). Lemon 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: LATAM's leading crypto card. Rates differ by country: Argentina 0.5% ARS / 2% crypto; Peru 0.1% PEN / 1% crypto (per official Lemon help centers). Argentina ~21,000 ARS/mo cap; Peru 75 soles/mo cap. Card auto-sells crypto to ARS at point of sale (0.5%); the separate ~1% conversion fee applies to on-platform crypto purchases, not card spend. Peru launch in 2025 via Pomelo-powered Visa card — 250K+ cards issued in Peru, projecting 2M Peruvian users by end of 2026. $20M Series B (mid-2026) led by F-Prime Capital and ParaFi; next expansion: Colombia, Mexico, Chile, Brazil. Lemon also launched Argentina's first Bitcoin-backed Visa credit card (Jan 14, 2026); deposit 0.01 BTC as collateral for up to ~1M ARS credit line, with USDT/USDC/DAI/ETH collateral support added.
Other crypto cards in the same region or category that may suit your spending profile:
The Lemon Card is a crypto debit card offered by Lemon Cash. It is available in Argentina/Peru and allows users to spend cryptocurrency at merchants worldwide.
The Lemon Card offers 0.1-2% BTC cashback. There are 4 tiers: Argentina Peso (0.5%), Argentina Crypto (2%), Peru Sol (0.1%), Peru Crypto (1%).
The Lemon Card has an annual fee of $0. Additional fees: Conversion fee: 0.5% (card auto-sell to ARS).
Yes. Lemon Cash requires standard identity verification (KYC), typically a government-issued ID, during signup.
The Lemon Card is available in Argentina/Peru.
The Lemon Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.