When you use your KAST Card to make an eligible purchase in a supported LATAM currency, the FX fee is automatically credited back per transaction by KAST. This gives you an effective 0% FX fee on eligible card spend in LATAM.
You do not need to activate the promotion, submit a claim, or wait for a weekly rebate.
Note: The promotion covers KAST’s standard FX fee only. It does not cover the network wholesale exchange rate, Dynamic Currency Conversion (DCC), merchant surcharges, ATM fees, low-value fees, taxes, or other third-party charges.
Promotion period
The promotion applies to eligible card transactions completed during the promotion period and runs until December 31, 2027.
KAST may modify or discontinue the promotion for future transactions with at least 30 days' notice through the KAST app or by email. KAST may also modify or end the promotion immediately if required by applicable law, regulation, a regulator or governmental authority, the card issuer, or the card network.
Any change will not affect rebates or credits already accrued on qualifying transactions completed before the effective date of the change.
Who is eligible?
To qualify, you must:
- Have successfully completed KYC verification.
- Use your KAST Card for an eligible card purchase and pay in one of the supported LATAM currencies.
- Complete a transaction that results in an eligible foreign exchange conversion in one of the supported LATAM currencies.
Which currencies are supported?
Qualifying transactions must result in an eligible foreign exchange conversion in one of the following LATAM currencies:
| ARS – Argentine Peso | DOP – Dominican Peso |
| BOB – Boliviano | GTQ – Guatemalan Quetzal |
| BRL – Brazilian Real | HNL – Honduran Lempira |
| CLP – Chilean Peso | MXN – Mexican Peso |
| COP – Colombian Peso | NIO – Nicaraguan Córdoba |
| CRC – Costa Rican Colón | PAB – Panamanian Balboa |
| VES – Venezuelan Bolívar | PYG – Paraguayan Guaraní |
| PEN – Peruvian Sol | UYU – Uruguayan Peso |
Which transactions qualify?
A transaction qualifies when it:
- Is an eligible KAST Card spend transaction.
- Results in an eligible foreign exchange conversion in one of the eligible LATAM currencies.
- Is successfully completed during the relevant promotion period.
Which transactions are not eligible?
The following transactions are not included in the promotion:
- Deposits
- Money transfers or remittances
- Inbound or outbound transfers
- Internal transfers
- Purchases of virtual assets
- Gambling transactions
- ATM withdrawals
- Declined or failed transactions
- Reversals, refunds, cancellations, or chargebacks
- Transactions that do not result in an eligible foreign exchange conversion in one of the eligible LATAM currencies
What Is covered?
The promotion covers the KAST FX fee charged on qualifying transactions.
For this promotion, FX fee means the foreign-exchange markup applied on top of the Network Wholesale Rate for a qualifying transaction under the card program.
What Is not covered?
The promotion does not cover:
- The Network Wholesale Rate itself
- Any margin embedded in the Network Wholesale Rate
- Dynamic Currency Conversion (DCC)
- Merchant surcharges
- Acquirer, network, or other third-party fees
- Taxes or government charges
- ATM fees
- Any other fees or charges that are not the KAST FX fee
How is the promotion applied?
The standard FX fee is credited back automatically by KAST for each eligible transaction as it happens.
There is:
- No opt-in.
- No claim process.
- No weekly batch.
- No per-user cap under the current promotion rules.
What happens if my purchase is refunded?
If an eligible purchase is later reversed, refunded, cancelled, or charged back, the related promotional credit may be reversed, withheld, or adjusted.
KAST may also delay, withhold, reverse, or adjust credits in cases of suspected fraud, abuse, error, reversal of the underlying transaction, or non-compliance with the promotion rules.
Does the promotion provide foreign exchange services?
No. KAST does not provide foreign exchange, currency conversion, or currency trading in connection with this promotion or the underlying card transactions.
Currency conversion on local-denominated currency transactions is performed by the card network at the exchange rate determined under the network rules. This promotion consists solely of a promotion where FX fee on eligible card transactions are covered by KAST. It does not remove the network exchange rate or fees charged by merchants, card networks, ATMs, or other third parties.
Frequently asked questions
Do I need to activate the promotion?
No. Eligible transactions qualify automatically during the promotion period.
When will I receive the credit?
The KAST FX fee is credited back automatically per eligible transaction as it happens. I
Is there a limit to how much I can receive?
No per-user cap applies under the current promotion rules.
Does the promotion cover DCC?
No. If a merchant or payment terminal converts the transaction into another currency, that DCC charge is not covered. Choose the local currency when paying whenever possible.
Does the promotion cover ATM fees?
No. ATM fees and ATM withdrawals are not covered.
Does the promotion remove the network exchange rate?
No. The promotion covers the KAST FX fee only. The network wholesale exchange rate and other applicable charges still apply.
Why might I still see a charge?
The transaction may be outside the promotion rules, may involve DCC or another third-party fee, or may include a low-value fee. Check the transaction currency and details first. Reach out to KAST Concierge if you have any further questions.
Are PIX transactions included?
No. PIX deposits and transfers are not part of this promotion.
Terms and conditions
By participating in this promotion, you agree to the applicable promotion rules and KAST’s Terms and Conditions.
This promotion is void where prohibited by law. Promotional credits are non-transferable, non-exchangeable, and cannot be redeemed for cash unless explicitly permitted. Rewards may be subject to applicable tax or reporting obligations under local law.