by Lulubit
The Lulucard is a Mastercard debit card with no annual fee, available in Panama/Guatemala/Costa Rica.
Lulubit, S.A. is a Panama-based crypto app serving Panama, Guatemala and Costa Rica, reporting more than 30,000 users as of June 2026. Card issuance runs through PayCaddy Inc., which the cardholder terms describe as the entity authorised under its Mastercard franchise licence.
The Lulucard is a crypto debit card offered by Lulubit, available in Panama/Guatemala/Costa Rica. There is no annual fee to hold this card. It runs on the Mastercard network and requires full identity verification.
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Lulucard is offered in 3 countries according to the provider's published list.
| Tier | Rate | Requirement |
|---|---|---|
| No Cashback | 0% | No standing cashback programme; the only rewards offer found was a time-limited 'Cashback Navidad 2025' promotion that has ended |
On $500/mo spend, the estimated monthly cost breakdown for Lulucard 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). Lulucard 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: Physical prepaid Mastercard that debits crypto directly from the Lulubit app balance at the point of sale, converting at the same rate the app uses to sell crypto, with no added conversion or purchase fee. The holder picks which currency pays first and sets a backup, and can pause and unpause the card in the app. There is no maintenance fee once issued, and renewal is free if the card was used in the previous 180 days; otherwise the standard issuance and shipping charges apply again. ATM withdrawals cost $0.80 in Panama and $5 in Guatemala, Costa Rica and the rest of the world, capped at $1,500 a month. GAPS: Lulubit charges a card opening cost that it describes only as 'small' and waivable by using other products in the app, without publishing the amount, and states no KYC tier explicitly; full KYC is recorded because the terms require exact and complete identifying documents at application and the presentation of original identification on physical delivery. Lulubit also sells a US virtual deposit account and a yield account paying up to 7% a year on in-app crypto, neither of which is card cashback.
Other crypto cards in the same region or category that may suit your spending profile:
The Lulucard is a crypto debit card offered by Lulubit. It is available in Panama/Guatemala/Costa Rica and allows users to spend cryptocurrency at merchants worldwide.
The Lulucard has an annual fee of $0. Additional fees: Conversion fee: 0% beyond the app's crypto sell rate; FX fee: 0% stated; crypto converts at the app's sell rate with no extra charge on purchases; ATM: $0.80 per withdrawal in Panama; $5 per withdrawal in Guatemala, Costa Rica and worldwide; Inactivity: No fee, but a card unused for 180 days loses free renewal and is re-charged the issuance and shipping cost.
The Lulucard has the following limits: daily spending limit: $5,000 (also the per-transaction cap); monthly spending limit: $8,333 across purchases and ATM withdrawals combined. Limits can vary by account tier and verification level.
Yes. The Lulucard requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Lulucard is available in Costa Rica, Guatemala, Panama, according to the provider's published list.
The Lulucard is a debit card. You need to load cryptocurrency onto the card before making purchases.
The Lulucard is issued by PayCaddy Inc..
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.