Belo vs Prex
On cashback Belo wins (up to 1.5%). Neither wins across the board: weigh the points above against your use case before choosing between Belo and Prex.
| Belo | Prex | |
|---|---|---|
| Tier | B | B |
| Rating | ★ 3.8 | ★ 3.7 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | condiviso | condiviso |
| Multi-currency | Yes · 2 currencies | No (single currency) |
| Outbound transfers to third-party IBANs | No | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | Yes | No |
| Interest on balance | 3% | 0% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | LATAM · 7+ countries | LATAM · 4+ countries |
| Regulator | CNV / BCRA | None |
| OAM Italy registration | No | No |
| Segment | — | B2C |
| Regions | LATAM | LATAM |
| Licences & safety | VASP (Argentina) | None |
Frequently asked questions
Belo vs Prex: which is better?
On cashback Belo wins (up to 1.5%). Neither wins across the board: weigh the points above against your use case before choosing between Belo and Prex.
Which is cheaper, Belo or Prex?
On the standard spending profile Belo has the lowest net annual cost: €0 versus €0 for Prex.
Which offers more cashback, Belo or Prex?
Belo has the highest cashback: up to 1.5%. Note the top rate often requires token staking and is subject to spending caps.
Is Belo custodial or self-custody?
Belo is custodial: funds are held by the platform, while Prex is custodial.