MoneyGram Card Review (2026)

The MoneyGram Card is a Visa debit card with no annual fee, available in Colombia.

Reviewed by Card Pilled Editorial ยท Last verified 2026-09-13

Key Facts

Cashback
None
Annual Fee
$0
Region
Colombia
Type
Debit
Network
Visa
KYC
full
Mobile Pay
Apple Pay, Google Pay

Overview

MoneyGram is an 86-year-old US money-transfer company with a global agent network for cash pickup. It launched its own stablecoin, MGUSD, in 2026 and built this card with Rain, using Crossmint wallet infrastructure and settlement on the Stellar network.

The MoneyGram Card is a crypto debit card offered by MoneyGram, available in Colombia. 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.

Cashback Tiers

MoneyGram Card cashback tiers and requirements
TierRateRequirement
No Cashback0%No cashback or rewards programme is published; the card is positioned as a remittance and stable-dollar spending product, not a rewards card

Pros

Cons

Fees & Costs

ATM Withdrawal
Not available (digital-only card at launch; ATM access stated for the planned physical card)
Inactivity Fee
Charged when the card has no activity for 3 or more months; MoneyGram does not publish the amount

Limits & Top-Up

Top-Up Assets
USDC
Deposit Networks
Stellar
Top-Up Methods
MoneyGram app balance

Cost & Returns

On $500/mo spend, the estimated monthly cost breakdown for MoneyGram 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). MoneyGram 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: Stablecoin-backed Visa launched 10 September 2026 and available first in Colombia. The cardholder holds a USDC balance in the MoneyGram app, spends it anywhere Visa is accepted via Apple Pay or Google Pay, and can move the same balance to a MoneyGram agent location for cash pickup in local currency. MGUSD, MoneyGram's own stablecoin, is stated as a future funding asset. MoneyGram deliberately avoids calling it a debit card because the balance is stablecoin-backed rather than a bank or fiat account; it is recorded as Debit here because the schema has no third option. No monthly, annual or purchase fees at launch. GAPS: MoneyGram publishes no full fee schedule, so the inactivity fee amount (charged after 3 or more months of no activity), the FX spread on non-USD spending and any cash-pickup conversion cost are all undisclosed; no ATM access exists yet because the card is digital-only. VERIFICATION NOTE (2026-09-13): the Colombian card path moneygram.com/mgo/co/en/card answers with MoneyGram's generic money-transfer homepage when requested from outside Colombia, and moneygram.com/card is a 404, so the product page could not be read first-party. Launch, network, issuer and KYC facts come from The Block's launch report; the fee wording comes from launch coverage quoting MoneyGram's product page, not from a page we read ourselves.

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FAQ

What is the MoneyGram Card?

The MoneyGram Card is a crypto debit card offered by MoneyGram. It is available in Colombia and allows users to spend cryptocurrency at merchants worldwide.

What are the fees for the MoneyGram Card?

The MoneyGram Card has an annual fee of $0. Additional fees: ATM: Not available (digital-only card at launch; ATM access stated for the planned physical card); Inactivity: Charged when the card has no activity for 3 or more months; MoneyGram does not publish the amount.

How do you top up the MoneyGram Card?

Supported assets include USDC; top-up methods include MoneyGram app balance; crypto deposits are supported on Stellar.

Does the MoneyGram Card require KYC?

Yes. The MoneyGram Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.

Which countries is the MoneyGram Card available in?

The MoneyGram Card is available in Colombia.

Is the MoneyGram Card a credit or debit card?

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

Does the MoneyGram Card support Apple Pay or Google Pay?

Yes, the MoneyGram Card supports Apple Pay and Google Pay for contactless payments.

Visit MoneyGram

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