Bipa Card Bipa Card (base)
A plan byBipa Card · Mastercard
Bipa Card is a Mastercard issued by the Brazilian fintech Bipa (founded 2020, regulated by the Central Bank of Brazil under Resolution BCB 496), available only in Brazil. It works in credit mode (using BTC, USDT or BRL collateral) or prepaid mode, and earns Bitcoin cashback (Satsback): 1% on the base tier and up to 2% with the Bipa Turbo subscription per the official product page; some third-party sources cite up to 5%, a figure not confirmed on the official page. It supports the Lightning Network for instant sends/receives and free on-chain withdrawals to personal wallets. Custody is held by Bipa (custodial). Public documentation does not disclose issuance fees, annual fees or FX markup for the card, so these figures are not officially available.
Bipa Card (base)
- prezzo
- Gratuito
- cashback
- 0,5% in Bitcoin
- note
- Carta Mastercard credito (collaterale BTC/USDT/BRL) o prepagata, senza canone annuale o mensile.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | — |
|---|---|
| Multi-currency | BRL, BTC, USDT |
| Network | Mastercard |
| ATM withdrawal | Free |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM · 1+ countries |
| Regulator | Banco Central do Brasil |
| OAM Italy registration | No |
| Segment | B2C |
| Funding / solidity | Bipa is a Bitcoin-first fintech founded in Brazil in 2020, offering an app for buying/holding Bitcoin and USDT, Pix, and the Bipa Card Mastercard with Bitcoin cashback (Satsback). |
| MiCA / License status | Banco Central do Brasil (Resolução BCB 496) Issued under Resolution BCB 496 of the Central Bank of Brazil; service available only to Brazilian residents with a CPF. |
Strengths
- Bitcoin cashback (Satsback) across all spending categories, no exclusions
- Lightning Network support and free on-chain withdrawals to personal wallets
- Issued by a fintech regulated by the Central Bank of Brazil
- No notable sovereignty advantage documented.
Weaknesses
- Brazil only: requires a CPF and residency, not usable elsewhere
- Custodial: Bipa holds the funds, collateral is not FGC-protected
- Issuance fee, annual fee and FX markup are not officially disclosed
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Issued under Resolution BCB 496 of the Central Bank of Brazil; service available only to Brazilian residents with a CPF.): reporting to authorities and freezes on order.
Verdict
Limited protection. Bipa is regulated by the Central Bank of Brazil (Resolution BCB 496), but it is custodial and the collateral is not covered by the FGC (Brazilian deposit guarantee fund). The service is restricted to Brazilian residents with a CPF, so there is no protection for European or Italian users.
Low sovereignty. Custody of Bitcoin and collateral rests entirely with Bipa (custodial) and access requires full KYC with a CPF. The one redeeming feature is the free on-chain withdrawal to a personal wallet, which lets users move funds back into self-custody.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
How much cashback does the Bipa Card offer?
Per the official product page, 1% in Bitcoin on the base tier and up to 2% with the Bipa Turbo subscription. Some third-party sources cite up to 5%, but that figure is not confirmed on the official page.
Is the Bipa Card custodial?
Yes: Bipa holds the Bitcoin and collateral on the user's behalf. You can still withdraw your Bitcoin to a personal on-chain wallet for free.
Sources
- Official service page Cashback · Payment network · Virtual card · Url ufficiale · +5 Data verified on Jun 23, 2026
- br.tradingview.com Regulatory framework · Azienda info · Supported currencies · Plans & pricing Data verified on Jun 23, 2026
- blog.areabitcoin.com.br Custodial · Licenses & registrations · Kyc · Issuer Data verified on Jun 22, 2026
- todey.xyz Categoria · Regioni · Payment network Data verified on Jun 22, 2026