LuqasCard Review (2026)

by Luqas × Crixto

The LuqasCard is a Mastercard debit card with no annual fee, available in Venezuela.

Reviewed by Card Pilled Editorial · Last verified 2026-06-06

Key Facts

Cashback
0%
Annual Fee
$0
Region
Venezuela
Type
Debit
Network
Mastercard
KYC
full

Overview

Luqas is a Venezuelan fintech platform that partnered with Crixto, a local crypto payments processor, and 100% Banco (a Venezuelan bank) to launch the first USDT-funded debit card in Venezuela.

The LuqasCard is a crypto debit card offered by Luqas × Crixto, available in Venezuela. There is no annual fee to hold this card. It runs on the Mastercard network and requires full identity verification.

Cost & Returns

On $500/mo spend, the estimated monthly cost breakdown for LuqasCard 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). LuqasCard 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.

Cashback Tiers

LuqasCard cashback tiers and requirements
TierRateRequirement
Standard0%No cashback program

Pros

Cons

Note: Venezuela's first USDT-funded Mastercard Gold debit card, issued by 100% Banco. Converts USDT to VES (bolívares) at Crixto exchange rate with spread. Supports NFC contactless payments. Fund via Tron (TRC-20) or Ethereum (ERC-20). ~$5.90 USDT issuance fee. Currently in beta/limited rollout (launched Jan 2026). Domestic POS payments only (no international spending confirmed yet).

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FAQ

What is the LuqasCard?

The LuqasCard is a crypto debit card offered by Luqas × Crixto. It is available in Venezuela and allows users to spend cryptocurrency at merchants worldwide.

What are the fees for the LuqasCard?

The LuqasCard has an annual fee of $0. Note: Venezuela's first USDT-funded Mastercard Gold debit card, issued by 100% Banco. Converts USDT to VES (bolívares) at Crixto exchange rate with spread. Supports NFC contactless payments. Fund via Tron (TRC-20) or Ethereum (ERC-20). ~$5.90 USDT issuance fee. Currently in beta/limited rollout (launched Jan 2026). Domestic POS payments only (no international spending confirmed yet).

Where is the LuqasCard available?

The LuqasCard is available in Venezuela. Its availability status is "Venezuela".

Is the LuqasCard a credit or debit card?

The LuqasCard is a debit card. You need to load cryptocurrency onto the card before making purchases.

Visit Luqas × Crixto

Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level.