MEXC Global Card vs PENGU Card
Crypto native
Crypto native
Verdict
- PENGU Card scores higher overall (6.9 vs 6.8 out of 10).
- MEXC Global Card is clearly stronger on: Cashback & rewards, FX & international.
- PENGU Card is clearly stronger on: Fees, Availability, Product features.
- A full annual cost comparison is not possible yet because some fees are not disclosed or not yet researched.
MEXC Global Card is a good fit for
- Stablecoin holders
- Everyday spenders who want cashback
- Frequent travellers
Stronger on: Cashback & rewards, FX & international
PENGU Card is a good fit for
- Stablecoin holders
Stronger on: Fees, Availability, Product features
★ Our pickEditorial choice · score unchanged · Affiliate link
Neither card is our pick. The card we recommend instead:
Crypto native · ether.fi
Why we recommend it
- 3% cashback in ETHFI on up to $2,000 of spend a monthConditions apply
- 5.35% variable interest on your balanceConditions apply
- No annual or monthly fee on the base tierConditions apply
- Extras on the base tier: airport lounge access, travel / rental car insurance, purchase protectionConditions apply
- Self-custody: funds stay in your own walletConditions apply
Conditions apply; the review lists them with sources.
Score by criterion
| Criterion | MEXC Global Card | PENGU Card |
|---|---|---|
| Fees | 84 | 96 |
| Cashback & rewards | 100 | 51 |
| Availability | 7 | 100 |
| FX & international | 100 | 20 |
| Product features | 56 | 70 |
| Custody & security | 60 | 60 |
| Credit & financing | 30 | – |
| Limits & ATM | – | 33 |
| Transparency | 100 | 100 |
| Best for Cashback | 8.2 | 6.4 |
| Best for Travel | 7.6 | 5.4 |
| Best for DeFi Users | 7.1 | 6.3 |
| Best for Stablecoins | 8.6 | 6.4 |
| Best for High Spenders | 8.3 | 5.5 |
| Best for Low Fees | 8.6 | 6.9 |
| Best for Beginners | 6.8 | 8.3 |
Conditions apply, e.g. only for the base tier, up to a monthly cap or in some countries. Tap a value with * (or hover over it) to see them.
Product
Product status
ActiveShow source
ActiveShow source
Card type
Prepaid cardConditions apply: tap or hover for detailsShow source
Funded with USDT from the MEXC Fiat account
Stablecoin cardShow source
Network
VisaShow source
VisaShow source
Custody model
CustodialShow source
CustodialShow source
Launch date
2026-08-31Show source
Card issuer / program manager
MEXCConditions apply: tap or hover for detailsShow source
Page describes MEXC Cards as issued by MEXC; no licensed issuing bank named
Third NationalConditions apply: tap or hover for detailsShow source
Program issued under license from Visa; KAST card program (Troia Corp as KAST); for Nigerian users marketed by BANEX Microfinance Bank
Tiers / plans
Standard (M-Score 350–599) · Premium (M-Score 600–799) · Elite (M-Score 800+)Show source
Standard · Premium · PrivateShow source
Fees
Annual fee
FreeShow source
$20/yearConditions apply: tap or hover for detailsShow source
"up to"; generic KAST non-US cardholder agreement, effective Mar 20, 2025; not tier specific
Virtual card fee
$20Conditions apply: tap or hover for detailsShow source
Standard issuance fee; currently waived for a limited time
FX fee
0%Conditions apply: tap or hover for detailsShow source
Visa exchange rate without markup (the 1% transaction fee still applies)
2%Conditions apply: tap or hover for detailsShow source
"up to" for non-USD purchases; section 6.2 elsewhere states Foreign Transaction Fees up to 3% (inconsistent within document)
Crypto conversion fee
0%Show source
Top-up fee
FreeShow source
ATM fee
$3 + 2%Conditions apply: tap or hover for detailsShow source
Per withdrawal
Settlement fee
1%Conditions apply: tap or hover for detailsShow source
On every purchase, MEXC Global Card
Small transaction fee
$0.10Conditions apply: tap or hover for detailsShow source
Transactions under 1 USD (MEXC Global Card)
$0.20Conditions apply: tap or hover for detailsShow source
Non-USD transactions below USD 25
Other fees & markups
1% transaction fee on purchases (waived Aug 31 - Sep 30, 2026) · USD 0.50 per refund can apply if refund rate is excessively high · Review fee may apply if a dispute is rejected for incomplete information or insufficient evidenceShow source
Declined transaction: up to USD 0.5 per declined transaction · Cross border fee: 0% · Late payment: up to US$40 · Returned payment: up to US$29 (section 6.1 states US$35) · Liquidation penalty: up to US$35Conditions apply: tap or hover for detailsShow source
Penalty and other fees from the Important Disclosures
Cashback & rewards
Base cashback
4%Conditions apply: tap or hover for detailsShow source
Standard VVIP tier (M-Score 350-599), no paid plan; monthly cap 100 USDT
1.5%Conditions apply: tap or hover for detailsShow source
Free tier
Max cashback
10%Conditions apply: tap or hover for detailsShow source
Elite tier (M-Score 800+); 6% Premium, 4% Standard
3%Conditions apply: tap or hover for detailsShow source
$10,000/year tier
Cashback paid in
USDTShow source
Cashback type
StablecoinShow source
Interest on balance
7%Conditions apply: tap or hover for detailsShow source
APR in the exclusive MEXC Global Card Earn program (flexible)
12%Conditions apply: tap or hover for detailsShow source
Up to; Reserve account, 8% on Free tier
Cashback-eligible spend cap
$2,000/monthConditions apply: tap or hover for detailsShow source
Monthly eligible spend on the Free tier; $10,000 and $40,000 on higher tiers
Max cashback per month
$800/monthConditions apply: tap or hover for detailsShow source
800 USDT, Elite tier; 300 USDT Premium, 100 USDT Standard
Cashback conditions
Cashback, Earn interest and referral rewards are only valid during the event period and may be adjusted or canceled afterwardShow source
Staking / holding required for top rewards
NoConditions apply: tap or hover for detailsShow source
Tier depends on M-Score (trading volume, activity, security credit), not staking
Reward exclusions
Certain merchant categories excluded from cashback · Refunded and reversed transactions (cashback deducted)Show source
Some merchant categoriesShow source
Credit & financing
Credit line
NoShow source
Interest (APR)
0%Conditions apply: tap or hover for detailsShow source
Purchases; issuer and KAST reserve the right to introduce interest in the future
Availability
Available in
Philippines, TW, VietnamConditions apply: tap or hover for detailsShow source
Among others; MEXC does not publish the full list
GlobalConditions apply: tap or hover for detailsShow source
170+ countries
Not available in
United States, CN, India, Indonesia, Turkey, RUConditions apply: tap or hover for detailsShow source
Partial list as of August 2026; dozens of smaller jurisdictions are also on the application blacklist, which changes over time
Features
Apple Pay
YesShow source
YesShow source
Google Pay
YesShow source
YesShow source
Physical card
NoConditions apply: tap or hover for detailsShow source
Virtual-only at launch; MEXC plans a physical card at a later stage
YesShow source
Virtual card
YesShow source
YesShow source
ATM withdrawals
YesShow source
Spend stablecoins
YesShow source
YesShow source
Spendable assets
USDTConditions apply: tap or hover for detailsShow source
Card is funded with USDT via the MEXC Fiat account
USDT · USDC · PENGU · 25+ other crypto coinsShow source
Limits
Spending limit
$1,000,000Conditions apply: tap or hover for detailsShow source
Per day; 80,000 USD per transaction
Annual cost at 1,500 EUR/month
MEXC Global Card
- Annual & monthly fees+0 EUR
- FX costs+0 EUR
- Crypto conversion–
- Per-transaction fees−180 EUR
- ATM costsunknown
- Cashback+720 EUR
- Net annual valuenot enough data
PENGU Card
- Annual & monthly fees−18 EUR
- FX costs−72 EUR
- Crypto conversion–
- ATM costs−56 EUR
- Cashback+270 EUR
- Net annual value124 EUR
Assumes 300 EUR foreign spend and 100 EUR ATM per month, base tier only. Use your own numbers