Image: Squads Labs (Fuse wallet)

Fuse Card review: fees, cashback and limits

Name: Fuse Card
Brand: Squads Labs (Fuse wallet)

A free, fee-free virtual Visa for Solana USDC, for the US, Latin America, Ghana and Nigeria.

By Taimoor, founder and editor Last checked 17 October 2026 3 sources

6.5out of 10

Visit Fuse

Quick answer

The Fuse Card is a free virtual Visa in the Fuse self-custody wallet, made by Squads, that spends USDC on Solana. Fuse says there are no top-up or card transaction fees, including abroad. It's issued by Lead Bank with Bridge, works with Apple Pay, and has a $2,000 daily limit. It's available in the US (except New York and Alaska), 14 Latin American countries, Ghana and Nigeria. The app is iOS only, and there's no physical card, ATM access or cashback.

Fuse at a glance

Best for	iPhone users in the Americas or West Africa who want a free card for Solana USDC.
Skip it if	You use Android, need cash, or spend more than $2,000 a day.
Network	Visa
Card issuer	Lead Bank, with Bridge as program manager
Custody	Self-custody smart wallet on Solana. Funds move to a card account to spend.
Card type	Prepaid debit
Virtual or physical	Virtual
Cashback	No cashback
Annual fee	None. Fuse Plus is free after KYC.
Apple Pay / Google Pay	Yes / No
Identity check (KYC)	Required (through Bridge)
Where it works	The US (except New York and Alaska), Argentina, Bolivia, Brazil, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, Uruguay, Ghana and Nigeria.

Fuse fees

Card cost	Free
Annual or membership fee	None. Fuse Plus is free after KYC.
FX and cross-border	None. Fuse says there are no fees when you use the card outside the US.
Crypto conversion	None on USDC
ATM withdrawals	Not available

Visa applies its own exchange rate on top of any card markup. Check the fee page in the Fuse app for your country before you load money. To see what Fuse would cost you in a year compared with every other card, try the cost calculator.

What a $100 purchase costs with Fuse

$0.00Paid from stablecoins in the card's own currency

$0.00Paid from stablecoins in a foreign currency

Not publishedPaid from other crypto, like BTC or ETH

$0Cashback on $100, Fuse Plus tier

These are Fuse's own fees on the Fuse Plus tier, before the card network's exchange rate and any ATM or top-up costs. Its FX markup of 0% is lower than the median of 1% across the 60 cards we track with a published FX fee, and cheaper than 37 of them. For a full year based on your own spending, use the cost calculator.

Where it ranks by our score: #9 of 20 in United States #10 of 27 in Latin America #6 of 14 in Africa

Cashback and rewards

The card pays no purchase rewards

Deposits and withdrawals

How to top up

USDC on Solana
USD (ACH, wire) and EUR (SEPA) bank transfers through virtual accounts, converted to USDC

Fees: No top-up fee. Solana network fees are tiny.

How to withdraw

Move funds from the card account back to your wallet after a 5-minute security lock
Send USDC on Solana
ACH or SEPA bank transfers where available

Fees: No Fuse fee listed.

Supported assets: USDC on Solana.

Where Fuse works

The US (except New York and Alaska), Argentina, Bolivia, Brazil, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, Uruguay, Ghana and Nigeria.

New York, Alaska, and countries not on the list. The app is iOS only.

United StatesLatin AmericaAfrica

Limits and perks

Limits

$2,000 a day and $2,000 per transaction, raised for some users over time

Perks

USD and EUR virtual account details for receiving money

Pros and cons

What's good

No card, top-up or FX fees
Self-custody wallet
Bank transfers in and out

What's not

iOS only
Virtual only, no ATM
No cashback
$2,000 daily limit

Our take on Fuse

Fuse is a self-custody wallet from Squads, the team behind one of Solana's most used multisig tools. Its Visa card spends USDC from your Fuse account, and Fuse says there are no fees for topping up, spending or paying in other currencies. That makes it one of the cheapest cards around for travel or for paying in pesos and reais from a dollar balance.

It's also limited. The app is iPhone only, the card is virtual, there's no ATM access and no cashback, and spending is capped at $2,000 a day. Fuse also gives you USD and EUR account details so you can receive bank transfers that land as USDC.

A genuinely fee-free stablecoin card if you have an iPhone and live in a supported country. Pair it with a card that pays cashback or handles cash.

How we scored Fuse: 6.5/10

Methodology

Fees 30%

10 No card, top-up or FX fees.

Rewards 20%

1 No cashback.

Control 20%

8 Self-custody smart wallet.

Reach 15%

5 US, 14 Latin American countries, Ghana and Nigeria. iOS only.

Flexibility 15%

6 Solana USDC plus USD and EUR bank rails.

Fuse FAQ

Does the Fuse Card charge fees?

Fuse says there are no top-up or card transaction fees, including when you pay outside the US.

Where is the Fuse Card available?

The US (except New York and Alaska), 14 Latin American countries including Mexico, Brazil, Argentina and Colombia, plus Ghana and Nigeria.

Is Fuse available on Android?

Not yet. The Fuse app is iOS only.

Sources

Fuse Help: Fuse Visa CardCountries, fees, limits, issuer, checked Oct 17, 2026
Fuse: bank transfersUSD and EUR virtual accounts
FuseOfficial site

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.