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Taxes on Brazilian Cards

Everything you need to know about taxes when using brazilian cards

Updated this week

In Brazil, we offer two types of cards, each with specific taxes:

💳 Local Card (uses BRL balance):

  • In Brazil: No taxes when using this card. ✅

  • Abroad: A government tax of 3.5% applies to each transaction, plus the card network’s exchange rate (e.g., Mastercard).

🌐 Global Card (uses USDc or EURc balance):

  • Abroad: No taxes when using this card. Uses your USDc or EURc balance purchased with no IOF tax.

  • In Brazil: No taxes when using this card. Just the conversion of your USDc or EURc balance to BRL.

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