The Pengu Card earns 1.5-3% USD cashback on a Visa debit card with a $0-$10,000/yr fee, available in 170+ countries.
Pudgy Penguins is an NFT brand launched in 2021 and acquired in April 2022 by Luca Netz, who now runs it through parent company Igloo Inc. Igloo Inc. has expanded the brand into licensed physical toys sold at Walmart, Target, and Amazon, the PENGU token, and the Abstract Layer-2 blockchain on Ethereum. The Pudgy Penguins crypto card is issued in partnership with KAST rather than directly by Igloo Inc.
The Pengu Card is a crypto debit card offered by Pudgy Penguins (via KAST), available in 170+ countries. It offers 1.5-3% USD cashback across 3 reward tiers, giving users the ability to earn higher rates as they increase their commitment. The annual fee starts at $0-$10,000/yr.
It is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. 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. Browse all our regional card guides. See where it ranks among the best crypto debit cards.
| Tier | Rate | Requirement |
|---|---|---|
| Standard | 1.5% | Free, 1.5% USD cashback on first $2,000/mo spend |
| Premium | 2% | $1,000/yr membership, 2% USD cashback on first $10,000/mo + 1% KAST Points |
| Private | 3% | $10,000/yr membership, 3% USD cashback on first $40,000/mo + 2% KAST Points |
On $500/mo spend, the estimated monthly cost breakdown for Pengu Card is: gas $0.00, conversion spread $0.00, flat transaction fees $0.00, and amortised card/tier fee $0.00, for a total drag of 0% of spend. After $8.00/mo cashback that nets a gain of about $8.00/mo ($96.00/yr). Pengu Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. This card bills in USD. Spending in another currency adds a 1.75% FX fee; these figures do not include it. Figures are conservative estimates and vary with conditions.
Note: Co-branded with KAST. Launched March 2026, virtual card first, physical now available. KAST Season 6 (May 2026) restructured rewards: replaced Points+MOVE token cashback (6-12%) with USD stablecoin cashback (1.5-3%) and introduced annual membership fees. The Pengu card page now names the tiers Standard, Premium and Private, matching KAST's membership agreement (which also sets the Private cashback window at the first US$40,000, not $50,000); Pengu Black and Pengu Gold, recorded earlier as tier names, now name the card designs. 14-day timelock on cashback redemption. Spend USDC/USDT/PENGU at 150M+ merchants. USD Reserve yield of 8% / 10% / 12% by tier (introductory offer ending 1 July 2027, per the Pengu card page). Apple Pay & Google Pay supported. 0% FX promo ended June 30, 2026; the standard KAST 0.5-1.75% non-USD FX applies.
Other crypto cards in the same region or category that may suit your spending profile:
The Pengu Card is a crypto debit card offered by Pudgy Penguins (via KAST). It is available in 170+ countries and allows users to spend cryptocurrency at merchants worldwide.
The Pengu Card offers 1.5-3% USD cashback. There are 3 tiers: Standard (1.5%), Premium (2%), Private (3%).
The Pengu Card has an annual fee of $0-$10,000/yr. Additional fees: Conversion fee: 0% (USDC/USDT funding); FX fee: 0.5-1.75% non-USD (varies by country of residence and country of transaction); $0.10 on non-USD purchases under $25; ATM: $3 + 2% (USD ATM); $3 + 4% (non-USD); $250/withdrawal; Top-up: 0%.
Yes. The Pengu Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Pengu Card is available in 170+ countries.
The Pengu Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Pengu Card is a non-custodial (self-custody) card. This means you retain control of your private keys and your crypto is not held by a third party. Funds are only converted at the point of sale, reducing counterparty risk compared to custodial alternatives.
Yes, the Pengu Card supports Apple Pay and Google Pay for contactless payments.
Visit Pudgy Penguins (via KAST)
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