57 Best Crypto Cards in Chile 2026

What to Know Before Using Crypto Cards in Chile

Tax

Every Swipe Is a Taxable Sale

Chile treats crypto as an intangible asset, meaning every card purchase is legally a 'disposal' that triggers a taxable gain or loss.

Tax

Progressive Tax Up to 40%

Crypto gains are added to your annual income and taxed at progressive rates ranging from 0% for low earners up to a 40% marginal rate.

Banking

History of Bank Account Closures

Chilean banks have a documented history of freezing accounts or blocking transfers linked to crypto exchanges, requiring users to be cautious with large flows.

Regulation

No VAT on Crypto Sales

While the sale of crypto itself is exempt from VAT (IVA), any platform fees or commissions charged by the card issuer may still attract this 19% tax.

Restriction

$10k Reporting Threshold

Transactions or top-ups approaching $10,000 USD are subject to mandatory reporting to the UAF, often triggering enhanced identity checks.

Regulation

New Fintech Law Oversight

The CMF now regulates crypto service providers under Law 21.521, leading to stricter KYC and more formal reporting for local card issuers.

Common Questions About Crypto Cards in Chile

1 Do I have to pay tax every time I use my crypto card in Chile?

Technically, yes. Because the government views crypto as an asset rather than money, using it to buy a coffee is seen as selling that asset. You will need to calculate if the crypto was worth more when you spent it than when you bought it, and report those gains in your annual tax filing.

2 Can my Chilean bank account be frozen for loading a crypto card?

It is a possibility. Chilean banks have historically been aggressive toward crypto-related activity. To minimize risk, avoid making many rapid transfers to crypto platforms and keep clear records of where your funds came from in case the bank asks.

3 Are stablecoins like USDT taxed differently when spent?

No, the tax authority applies the same rules to all digital assets. Even if the price of a stablecoin stays close to the US Dollar, you may still owe tax if the value of the Chilean Peso changed significantly between the time you acquired the stablecoin and the time you spent it.

4 Is there a limit on how much I can spend on my card?

There is no specific legal limit on crypto spending, but large transactions over $10,000 USD (or equivalent) are flagged for anti-money laundering reviews. If you plan to make a large purchase, expect your card provider or bank to ask for extra documentation.

5 Will the tax be automatically taken out when I pay?

No, Chile does not have an automatic withholding system for crypto spending. You are responsible for tracking your own transactions throughout the year and paying any tax owed during the annual 'Operación Renta' filing period.

Country-specific information last researched on February 13, 2026 . Regulations and policies can change — always verify with your card provider and local tax authority.

Top-Rated Cards in Chile

Top-Rated Card Details

Ether.Fi Cash Card

4.6⭐

Ether.fi Cash is a non-custodial Visa credit card for DeFi users seeking spending power without selling crypto.

Ready Card

4.6⭐

The Ready Metal Card is a premium self-custodial Mastercard debit card for spending crypto while retaining asset control. Crypto stays in your wallet until each payment, ensuring complete financial autonomy.

Kolo Card

4.1⭐

Kolo Card is a crypto debit card that lets users spend cryptocurrencies, including memecoins, at merchants worldwide that accept Visa or Mastercard. Designed for crypto enthusiasts, it features automatic real-time crypto-to-fiat conversion for everyday purchases.

PAYY Card

4⭐

PAYY Card is a crypto-enabled Visa credit card that lets users spend stablecoins (USDC) directly at merchants while maintaining privacy through zero-knowledge proofs on the Payy Network blockchain. The self-custodial model gives users full control of their funds via the PAYY Wallet app.

Exa Card

4⭐

Exa Card is a virtual Visa credit card enabling users to spend crypto without selling assets. It offers self-custody, onchain borrowing, and flexible payment modes.

COCA Card

3.9⭐

COCA Card is a prepaid Mastercard offering high crypto cashback rewards and global spending flexibility. Issued via Wirex on the Mastercard network, it supports multiple stablecoins and requires pre-loading with funds converted to EUR.