The Pera Card is a TBD debit card, available in TBD.
Pera Wallet is a non-custodial mobile and web wallet for the Algorand blockchain, built and maintained by the Hipo team that also develops Tinyman and other Algorand ecosystem projects. The product began as the official Algorand Wallet in 2019 and was relaunched under the Pera brand in 2022, with backing from the Algorand Foundation, Borderless Capital, Arrington Capital, and DWF Labs in 2023.
The Pera Card is a crypto debit card offered by Pera Wallet (Algorand), available in TBD.
It is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. It runs on the TBD 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.
| Tier | Rate | Requirement |
|---|---|---|
| TBD | 0% | No rewards, fees or countries have been announced for the relaunched card. The 2% USDC rate belonged to the previous card, which was deactivated on April 3, 2026 |
On $500/mo spend, the estimated monthly cost breakdown for Pera Card is: gas $0.00, conversion spread $7.50, flat transaction 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). Because Pera Card is loaded on-chain, frequent small top-ups add gas cost: a daily-spender profile pays about $0.02/mo in gas versus $0.00/mo for a single monthly load, so total drag runs 1.5% with daily reloads versus 1.5% with a monthly reload. Figures are conservative estimates and vary with conditions.
Note: Pera ended the partnership with its card provider on April 3, 2026, and cards were deactivated that day; transactions are denied after that date. Deposits were disabled from March 26, 2026 (withdrawal-only mode), and cardholders were asked to withdraw their USDC during the March 12 to April 3, 2026 window; funds left on a card after the deadline have to be closed out manually. Pera says it is building a new card program for more geographies, with a more seamless onboarding flow and tighter integration with the Pera Wallet, and that existing users will be told first when it is ready. The card page now reads "Back Soon, Better Than Ever" with a waitlist signup and promises expanded global coverage, native wallet integration and a cleaner UI ("We're not just migrating, we're upgrading"). No launch date, rewards rate, fees, card network or country list has been announced for the relaunched card. History: the previous card was a non-custodial Mastercard debit card on Algorand, launched May 2025 via Immersve, spending USDC from a dedicated on-chain card address with 2% USDC cashback and no annual fee, offered in the UK, Germany, Italy, Spain, New Zealand, the Netherlands, Poland and Portugal. For reference, the previous card's funding was on-chain (Algorand, on-chain top-up).
Other crypto cards in the same region or category that may suit your spending profile:
The Pera Card is a crypto debit card offered by Pera Wallet (Algorand). It is available in TBD and allows users to spend cryptocurrency at merchants worldwide.
The Pera Card has an annual fee of TBD.
Yes. The Pera Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Pera Card is available in TBD.
The Pera Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Pera 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.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.