Spend Across LATAM With KAST and Pay 0% FX Fees

Pay in local currency across LATAM and the conversion fee comes straight back to you, on the spot, on every card purchase.

There is no opt-in and nothing to claim. The credit lands on each purchase automatically, whether you’re spending at home or travelling across the region.

What You Get

• 0% conversion fees on card purchases in 16 LATAM currencies
• The fee credited back instantly, on every purchase
• Works at home or anywhere across the region

Supported Currencies

ARS, BOB, BRL, CLP, COP, CRC, DOP, GTQ, HNL, MXN, NIO, PAB, PEN, PYG, UYU, VES

If a merchant offers to charge you in your home currency, choose the local currency instead. That is how you get the fee back.

Terms & Conditions

Campaign period: from 29 September 2026, Singapore time, until Dec. 31, 2027.

This serves as a general notice. Please be aware that specific offerings or products mentioned may be restricted in certain jurisdictions.

1. Overview

These Promotion Rules (“Rules”) govern the LATAM 0% FX Fee Promotion (the “Promotion”) applicable to qualifying card spend transactions completed during the Promotion Period. By participating in this Promotion, users agree to be bound by these Rules and the Terms and Conditions governing their KAST account. In the event of any conflict, these Rules shall prevail for the purposes of this Promotion.

2. Eligibility

• The Promotion is available exclusively to KAST users who have completed KYC.
• Only card spend transactions qualify. Excluding money transfer/remittance, purchase of virtual assets, gambling
• Only spend transactions that result in an eligible foreign exchange conversion in BRL, ARS, BOB, CLP, COP, CRC, DOP, GTQ, HNL, MXN, NIO, PAB, PYG, PEN, UYU, or VES qualify (“Qualifying Transactions”).
• Deposits, inbound transfers, outbound transfers, internal transfers, reversals, cancelled transactions, refunds, chargebacks, declined transactions, or failed transactions do not qualify.
• Qualifying Transactions must be successfully completed between:
  • July 1, 2026 (00:00 local time) and December 31, 2027 (23:59 local time) for BRL transactions; and
  • July 16, 2026 (00:00 local time) and December 31, 2027 (23:59 local time) for all other listed LATAM currencies.

(collectively “Promotion Period”)

3. Promotion Structure (KAST absorbs the FX Fee)

Eligible users will not be charged an FX Fee on any Qualifying Transaction made and successfully settled during the Promotion Period. The 0% FX Fee will be applied automatically to each Qualifying Transaction, with no opt-in or claim required. No FX Fee will be deducted and no later rebate or promotional credit is required.

‘FX Fee’ means the foreign-exchange markup that KAST would otherwise apply on top of the Network Wholesale Rate for a Qualifying Transaction under the Card Program. For the avoidance of doubt, the 0% FX Fee does not alter the Network Wholesale Rate or any margin embedded in that rate, and does not cover any charge arising from Dynamic Currency Conversion or any fee imposed by a merchant, acquirer, network, or other third party.

Important Conditions

• KAST will not charge an FX Fee on a Qualifying Transaction.
• The 0% FX Fee is applied automatically and separately to each Qualifying Transaction.
• Transactions cannot be combined, split, or recharacterized to obtain or increase the promotional benefit.
• Reversed, refunded, cancelled or charged-back transactions do not qualify for the Promotion.

4. Application of the 0% FX Fee

• The 0% FX Fee is applied automatically to each Qualifying Transaction. The user will not be charged an FX Fee and will not need to wait for or claim a separate rebate or promotional credit.
• This Promotion is a waiver of KAST’s FX Fee only. It is not a cash reward, has no cash value and is non-transferable.
• KAST may withhold the promotional benefit in cases of suspected fraud, abuse, error or non-compliance with these Rules.

5. Fraud & Compliance

KAST reserves the sole and absolute discretion to interpret and enforce these Rules. Any fraudulent activity, artificial transaction behavior, manipulation of the Promotion, or violation of these Rules may result in:

• Immediate disqualification
• Loss of eligibility for the Promotion
• Suspension or termination of the user’s account

KAST may audit transaction activity at any time to ensure compliance.

6. General Terms

• This Promotion is void where prohibited by law.
• Rewards may be subject to applicable tax or reporting obligations under local law.
• By participating, users agree to release KAST and its affiliates from liability arising from participation in the Promotion to the extent permitted by applicable law.
• The Promotion runs for successive monthly periods commencing July 1, 2026 (July 16, 2026 for non-BRL transactions), and is intended to continue until December 31, 2027. KAST may modify these Rules or discontinue the Promotion with effect for future transactions by giving at least thirty (30) days’ notice through the KAST app or by email, and may do so with immediate effect where required by applicable law, regulation, or the direction of any regulator or governmental authority, or by the Card Issuer or card network. No modification or discontinuation will retroactively impose an FX Fee on Qualifying Transactions completed before the effective date of the change.
• No foreign exchange services. KAST does not provide foreign exchange, currency conversion, 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. The Promotion consists solely of KAST waiving the FX Fee it would otherwise charge on Qualifying Transactions, as described in these Promotion Rules.