When creating a DolarApp account you can choose 2 types of cards: Global or Local. Each one has its unique benefits and purpose. This article helps you understand when and why to use each!

Card issued outside of Brazil which uses primarily your USDc balance (if insufficient it auto-converts from other available balances).

The Global card is available in both virtual and physical format.

When to use: When paying abroad (travelling or online shopping)

Why: It uses your USDc which you have previously bought at the best rate available in the market of 0,5% (0,38% IOF + 0,12% spread).

When not to use: When paying in Brazil

Why: it uses USDc balance so it needs to do a USDC>BRL conversion first on which a 0,5% fee is charged (0,38% IOF + 0,12% spread). In this case we recommend paying with the Local card which uses your BRL balance directly.

Payments you make with the Global Card are not eligible for the 1% cashback on local purchases when you are a Premium member.

Card issued in Brazil which uses primarily your BRL balance. Available in both digital and physical format.

When to use: When paying in Brazil

Why: It uses your BRL balance without any additional costs or tax

When no to use: When paying abroad

Why: Payments made with Brazilian cards abroad are taxed 3,38% IOF in addition to the exchange rate of the credit card brand (e.g. Mastercard) which generally is not as competitive as the DolarApp rate applied to top-up your USDc balance used by the Global Card

Payments you make with the Local Card are eligible for the 1% cashback on local purchases when you are a Premium member.