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TruBit Card - FAQ (Argentina)
TruBit Card - FAQ (Argentina)
Written by David
Updated over a week ago

1.- Is TruBit Card a credit card?

The TruBit Card is a prepaid card. You will need to have a balance ahead of any purchases you make with it. It's backed by Mastercard, which offers the best coverage at a national and international level.

2.- How do I get Bitcoin Cashback?

The Bitcoin Cashback is generated each time you use any of these tokens to pay with your TruBit Card: USDT, USDC, BTC, ETH or XRP. Please check out the Terms and Conditions for more details.

3.- Does the TruBit Card generate any kind of maintenance fees?

The TruBit Card does not generate any kind of maintenance fees.

4.- Where can I purchase with the TruBit Card?

With the physical version of your TruBit Card, you can make purchases in any online or physical store that accepts Mastercard. With your virtual card, you'll be able to buy from online stores only.

Keep in mind purchases made in foreign currency (USD, EUR, etc.) will be subject to the applicable taxes imposed by the Argentinean authorities.

5.- What is the exchange rate used when making purchases in foreign currency?

If you pay with Argentine pesos, the exchange rate used is the official Banco Nación rate + a percentage due to current tax deductions. In your purchase history you'll be able to see the breakdown of withheld taxes.

If you pay with crypto, we will automatically convert your tokens to ARS and you will also see the tax deductions as in your purchase history.

6.- Can I pay for services such as Netflix?

Yes, you can pay for your favorite services and subscriptions with the TruBit Card.

7.- Can I add my card to a digital wallet such as Mercadopago, MODO or Apple Pay?

Currently you can link your TruBit Card to the following supported wallets:

  • Mercadopago: Yes

  • MODO: Not supported

  • Google Wallet/Google Pay: Not supported

  • Apple Pay: Not supported

8.- Can I withdraw money from ATMs?

Yes, with the physical TruBit Card. You can withdraw from any ATM that accepts Mastercard. The maximum amount of withdrawal per day will depend on the Bank where you make the withdrawal.

9.- Does the cash withdrawal at an ATM generate any commission?

TruBit does not charge any type of commissions for withdrawals, however, you must consider that the bank where you make the withdrawal will charge you a commission for using the ATM and this amount depends on each Bank.

10.- How often is the BTC cashback distributed?

The Bitcoin Cashback that you have generated during the week will be distributed to your balance on Friday at 00:00 CST (see Terms and Conditions).

11.- Does it cost to request the virtual card?

No, the TruBit Virtual Card is free of charge.

12.- How do I top up my TruBit Card?

There are two methods to top up your TruBit Card:

  • With fiat: Deposit Argentine Pesos through a Bank Transfer. If you don't know how to do it, see the following article: How to buy cryptos with a Bank Transfer?

  • With crypto: Deposit via Blockchain. Scan or enter the deposit address of your TruBit wallet, choose the correct network and finish your deposit, if you don't know how to do it, check the following article: How to receive cryptos using the QR code?

13.- What cryptocurrencies can I make purchases with using the TruBit Card?

Currently we have different Cryptocurrencies available within TruBit Wallet with which you can choose to make purchases or pay for services (BTC, USDT, XRP, USDC and ETH).

If you have questions regarding this information, please contact the TruBit Team via our chat channel or email us HERE and we'll be in touch!

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