Image: ARQ (formerly DolarApp)
ARQ Card review: fees, cashback and limits
Digital dollars and euros for Latin America, with a free virtual Mastercard.
Quick answer
ARQ, the app formerly called DolarApp, lets people in Mexico, Colombia, Argentina and Brazil hold digital dollars (USDc) and euros (EURc) and spend them with a Mastercard. The virtual card and card payments are free, a physical card costs $4.99 to ship in Mexico, and ATM withdrawals cost 1%. Funding from a US dollar, euro or crypto account costs 3 USDc or 3 EURc per deposit. Cashback needs a paid plan: 1% on Premium ($70 a year) and 2% on Prestige ($200).
ARQ (DolarApp) at a glance
| Best for | People in Mexico, Colombia, Argentina and Brazil who want to save and spend in dollars. |
|---|---|
| Skip it if | You live outside those four countries. |
| Network | Mastercard |
| Card issuer | Regional ARQ entities with Mastercard (Pier 5 in Mexico) |
| Custody | Custodial. Balances are held as USDc and EURc with ARQ's partners. |
| Card type | Debit on your dollar balance. Prestige adds a portfolio-backed credit card. |
| Virtual or physical | Virtual and physical |
| Cashback | 0% on Standard, 1% to 2% on paid plans |
| Annual fee | Standard free. Premium $70 a year. Prestige $200 a year. |
| Apple Pay / Google Pay | Yes / Yes |
| Identity check (KYC) | Required |
| Where it works | Residents of Mexico, Colombia, Argentina and Brazil. |
ARQ (DolarApp) fees
| Card cost | Virtual card free. Physical card $4.99 shipping in Mexico, free with Premium or a balance over $100. |
|---|---|
| Annual or membership fee | Standard free. Premium $70 a year. Prestige $200 a year. |
| FX and cross-border | No card payment fee. ARQ converts at its own rate; the spread isn't published. 5% on purchases charged in Argentine pesos. |
| Crypto conversion | Local-currency deposits and transfers are free |
| ATM withdrawals | 1% on Standard. Prestige metal card 3%. |
| Other fees | Deposits from US dollar, euro or crypto accounts: 3 USDc or 3 EURc each |
| Payments to US or euro accounts: 3 USDc or 3 EURc | |
| P2P transfers to other ARQ users are free |
Mastercard applies its own exchange rate on top of any card markup. Check the fee page in the ARQ (DolarApp) app for your country before you load money. To see what ARQ (DolarApp) would cost you in a year compared with every other card, try the cost calculator.
What a $100 purchase costs with ARQ (DolarApp)
These are ARQ (DolarApp)'s own fees on the Standard tier, before the card network's exchange rate and any ATM or top-up costs. For a full year based on your own spending, use the cost calculator.
Where it ranks by our score: #24 of 27 in Latin America
Cashback and rewards
- Premium: 1% in USDc on your first $500 a month, then 0.5%
- Prestige: 2% on your first $500 a month, then 0.5%
- Balances can earn rewards at no extra cost
| Tier | Price or requirement | Cashback | Notes |
|---|---|---|---|
| Standard | Free | 0% | Free virtual card, 1% ATM |
| Premium | $70/year | 1% on first $500 a month | Free physical card |
| Prestige | $200/year | 2% on first $500 a month | Portfolio-backed credit card, metal card |
Deposits and withdrawals
How to top up
- Local bank transfers in MXN, COP, ARS or BRL
- US dollar account details (ACH and wire)
- Euro account details (SEPA)
- USDC on Ethereum or Polygon
Fees: Local deposits free. US dollar, euro and crypto deposits 3 USDc or 3 EURc.
How to withdraw
- Local bank transfers
- Payments to US and euro bank accounts
- ATM cash
Fees: Local transfers free. US or euro payouts 3 USDc or 3 EURc. ATM 1%.
Supported assets: USDc and EURc digital dollars and euros.
Where ARQ (DolarApp) works
Residents of Mexico, Colombia, Argentina and Brazil.
Every country outside Mexico, Colombia, Argentina and Brazil.
Limits and perks
Limits
- Limits are shown in the app
Perks
- US and euro account details in your name
- Rewards on balances
Pros and cons
What's good
- Free virtual card and free card payments
- Dollar and euro accounts for Latin Americans
- Cheap 1% ATM fee
What's not
- 3 USDc fee on every US dollar or crypto deposit
- Cashback only on paid plans
- FX spread not published
- Only four countries
Our take on ARQ (DolarApp)
ARQ is the new name for DolarApp, one of the most popular ways for Mexicans, Colombians, Argentines and Brazilians to hold dollars. Your balance sits in digital dollars (USDc) or euros (EURc), you get US and euro account details for getting paid from abroad, and a Mastercard spends from it. ARQ says 2 million people use the app.
On the free Standard plan the virtual card and card payments cost nothing, local deposits are free and ATM cash costs 1%. The costs show up when money arrives from abroad: every deposit from a US dollar, euro or crypto account costs 3 USDc or 3 EURc, so batch your transfers. ARQ doesn't publish the spread it uses when you pay in pesos or reais.
Cashback needs a paid plan, and the rate only applies to your first $500 a month, so Premium at $70 a year pays back at most $60 a year at 1%. It's a dollar account first and a rewards card second.
One of the best ways to save and spend in dollars in Mexico, Colombia, Argentina and Brazil. Skip the paid plans unless you want the extras.
How we scored ARQ (DolarApp): 5.2/10
MethodologyARQ (DolarApp) FAQ
Is ARQ the same as DolarApp?
Yes. DolarApp rebranded as ARQ in 2026. Accounts, cards and balances carried over.
Which countries can use the ARQ card?
Residents of Mexico, Colombia, Argentina and Brazil.
How much does the ARQ card cost?
The virtual card is free and card payments have no fee. A physical card costs $4.99 to ship in Mexico unless you have Premium or a balance over $100.
Sources
- ARQ costs and fees, MexicoFree and paid services, updated Oct 1, 2026
- ARQ Help: what is the ARQ CardCard basics
- ARQ Help: DolarApp is now ARQRebrand
- cryptocard.guide: ARQ CardPlan prices and cashback caps, checked Oct 11, 2026
We checked these sources on 17 October 2026. Fees and rewards change often. Spotted something out of date? Report a correction and we'll check it within two working days.
Compare ARQ (DolarApp) with
Image: KASTKAST
A stablecoin account with US and EU banking details and a Visa card on top.
Image: KrakenKrak Card
Kraken's low-fee debit card for the UK, Europe and most of the US, with up to 2% back.
Image: WirexWirex One
A veteran crypto card, now with a self-custody wallet and up to 8% back in USD.