Neobankless Card
Neobankless · Visa/Mastercard
Neobankless is a self-custody global account built on Solana and aimed at the Brazilian market, with a linked American card. It converts BRL into USDC in seconds with a stated 0.5% fee (versus up to 5.6% at traditional banks) and with no IOF, the Brazilian financial transactions tax. Assets stay in self-custody on the Solana blockchain and the USD balance earns automatic yield. The card returns cashback paid in tokenized stocks (xStocks). It requires KYC and is available by invitation through the Founders Club, currently limited to Brazil. The team is listed as unverified by TODEY and no public licenses are documented. Issuance, annual and ATM withdrawal fees are not publicly disclosed, so fee_emissione_eur, fee_annuale_eur and cashback_pct are set to 0 pending official confirmation.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa/Mastercard |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | Free |
| ATM withdrawal | Free |
| FX markup | 0.5% |
| Cashback | — |
| Chains | Solana |
| On-chain settlement | Yes |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 4/10 |
| Supported countries | LATAM |
| Estimated net annual cost | €0/year |
| Regulator | Nessun regolatore pubblicamente documentato |
| Segment | B2C |
| MiCA / License status | Nessuna licenza pubblicamente documentata; team non verificato secondo TODEY No publicly documented license; non-custodial self-custody model on Solana, mandatory KYC |
Strengths
- Self-custody on Solana: assets stay owned and custodied by the user
- BRL/USDC conversion at 0.5% and with no IOF, far cheaper than Brazilian banks
- Automatic yield on the USD balance and cashback in tokenized stocks (xStocks)
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Unverified team and no publicly documented license
- Available only in Brazil and by invitation through the Founders Club
- Issuance, annual and ATM fees not publicly disclosed
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (No publicly documented license; non-custodial self-custody model on Solana, mandatory KYC): reporting to authorities and freezes on order.
Verdict
Weak protection: unverified team and no publicly documented license. The self-custody model on Solana leaves asset control to the user, but there is no regulatory protection or deposit guarantee. Suitable only for users who understand self-custody risks.
Good sovereignty: assets stay in self-custody on the Solana blockchain, so the user keeps control of their keys and funds. No staking is required. Dependence on the issuer for the card and mandatory KYC remain.
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 Neobankless custodial?
No. It is a self-custody account built on Solana: assets stay owned and custodied by the user on the blockchain.
How does the cashback work?
The card returns cashback paid in tokenized stocks (xStocks). The exact percentage is not publicly disclosed, so cashback_pct is set to 0 pending confirmation.
Sources
- Official service page Azienda · FX markup · 0% IOF · Yield USD · +1 Data verified on Jun 22, 2026
- play.google.com Supported currencies · Italia disponibile · Regulatory framework · Segmento · +1 Data verified on Jun 23, 2026
- todey.xyz Custodial · Payment network · Blockchain · Kyc · +4 Data verified on Jun 22, 2026