Fiwind Card
Fiwind · Mastercard
Fiwind Card is the virtual Mastercard prepaid card from the Argentine exchange Fiwind (Financewind S.A.), designed to spend pesos, dollars or crypto with real-time conversion. It works with Apple Pay and Google Pay and has no issuance, maintenance or renewal fees; a physical card is available on request. Fiwind is registered with Argentina's CNV as a PSAV (N°75) and holds user assets (custodial). International payments carry an FX markup of up to 1.5%. The ATM withdrawal limit is not publicly documented, so it is set to 0.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | — |
|---|---|
| Multi-currency | ARS, USD, BRL, BTC, ETH, USDT, USDC, BNB, DAI, SOL |
| Network | Mastercard |
| ATM withdrawal | Free |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM |
| Regulator | CNV (Comisión Nacional de Valores) |
| Segment | B2C |
| Funding / solidity | Fiwind (Financewind S.A.) is a cryptocurrency exchange founded in 2017 in Rosario, Argentina. It offers crypto trading, peso and dollar accounts, Pix integration for Brazil and a prepaid Mastercard. It is registered with the CNV as a PSAV (No.75). |
| MiCA / License status | CNV PSAV N°75 (Financewind S.A.) Registered with Argentina's CNV in the Virtual Asset Service Providers Registry (PSAV) under number 75 (6 September 2024). The PSAV regime imposes AML obligations (reporting entity under the UIF) but does not constitute a guarantee on user funds. |
Strengths
- No issuance, maintenance or renewal fees
- Spend pesos, dollars or crypto directly with real-time conversion
- Works with Apple Pay and Google Pay and CNV-registered as a PSAV
- No notable sovereignty advantage documented.
Weaknesses
- Effectively Argentina-only (requires an Argentine DNI)
- No cashback and no yield on the card
- Custodial: assets are held by Fiwind
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Registered with Argentina's CNV in the Virtual Asset Service Providers Registry (PSAV) under number 75 (6 September 2024). The PSAV regime imposes AML obligations (reporting entity under the UIF) but does not constitute a guarantee on user funds.): reporting to authorities and freezes on order.
Verdict
Weak protection: Fiwind is registered with Argentina's CNV as a PSAV (No.75), but the PSAV regime is an AML registry, not a guarantee on funds. The card is custodial and balances are held by Fiwind, with no deposit-insurance scheme.
Low sovereignty: a fully custodial product with mandatory full KYC and reliance on a centralized exchange; the user has no direct control over the keys.
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
Is the Fiwind Card Visa or Mastercard?
It is a Mastercard prepaid card, issued under Fiwind's (Financewind S.A.) prepaid card program.
Are there fees on the Fiwind Card?
There are no issuance, maintenance or renewal fees. International payments carry an FX markup of up to 1.5%.
Sources
- Official service page Azienda · Paese · Licenze CNV PSAV · Account internazionale USD · +13 Data verified on Jun 23, 2026
- argentina.gob.ar Regolatore CNV · Regime PSAV (registro AML) · Italia disponibile Data verified on Jun 23, 2026
- todey.xyz Payment network · Fee emissione · FX markup · Virtual card · +2 Data verified on Jun 22, 2026