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 there is an active promotion and 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 will be the official Banco Nación "sell" rate with a markup of 10%. Current tax deductions will be applied to your purchase automatically. If the 10% markup fee amounts to less than 0,2 USD, a fixed fee of 0,2 USD will be charged instead. 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 the same logic described above will apply.
Please be advised that, due to Mastercard policies in Argentina, the 10% markup fee for international transactions is nonrefundable.
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.- When will the physical TruBit Card be available?
We are working very hard to release the physical TruBit Card to all our users. We don't have a specific estimated date of arrival yet, but be sure to join the waitlist, check your email inbox and follow us on social media to be the first to know when it becomes available!
9.- 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).
10.- Does it cost to request the virtual card?
No, the TruBit Virtual Card is free of charge.
11.- 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?
11.- 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!