Nubank, Inter and Revolut cards: compare annual fees, IOF, cashback, points and costs abroad to find the right card in Brazil.
This comparison examines 9 cards in Brazil, among them Nubank Mastercard, Inter Mastercard (Loop), Revolut Standard, Revolut Plus, across the Mastercard, Revolut networks. Three things genuinely separate one card from another, and the annual fee is only the first: next come the bundled insurances, trip cancellation, medical cover abroad, baggage, purchase protection, whose value often exceeds the fee as soon as you travel, and foreign exchange charges, which quietly cost 2 to 3 per cent of every purchase in another currency with traditional issuers and nothing at all with the neobanks. Payment and withdrawal limits matter too, and they are negotiable. The table compares them line by line, without an overall score: the right card for a frequent traveller is not the right card for someone who rarely leaves home. Anyone going abroad twice a year usually saves more with a no-foreign-fee card than a premium card's insurance ever returns in claims.
Select 2 to 4 cards to compare side by side.
Mastercard
Revolut
| Criteria | Nubank Mastercard Standard | Inter Black Premium | Nubank Ultravioleta High-end |
|---|---|---|---|
Annual Fee (anuidade) | No annual fee | No annual fee | R$89/month, waived with over R$8,000 spend or R$50,000 saved at Nubank |
Purchase Limit/mo | Within credit limit | Within credit limit | Within credit limit |
Withdrawal Limit/mo | Within credit limit | Within credit limit | Within credit limit |
Travel Insurance (medical) | Not stated | Not stated | Not stated |
Trip Cancellation | Not stated | Not stated | Not stated |
Baggage Insurance | Not stated | Not stated | Not stated |
Purchase Protection | Not stated | Not stated | Not stated |
Car Rental Insurance | Not stated | Not stated | Not stated |
Concierge Service | Not stated | Not stated | Not stated |
Airport Lounge Access | Not stated | Not stated | Unlimited access to the Ultravioleta Lounge at Guarulhos airport |
Cashback / Rewards | Not stated | Inter Loop: 1 point per R$2.50; points redeemable as cashback | 1.25% cashback or 2.2 points per dollar; 5% or 9 points per dollar on Nu Viagens |
International Acceptance | Very wide (Mastercard network) | Very wide (Mastercard network) | Very wide (Mastercard network) |
Overview of all cards. Scroll horizontally on mobile.
| Criteria | Nubank Mastercard Standard | Inter Mastercard (Loop) Standard | Revolut Standard Standard | Revolut Plus Standard | Inter Black Premium | Revolut Premium Premium | Nubank Ultravioleta High-end | Revolut Metal High-end | Revolut Ultra High-end |
|---|---|---|---|---|---|---|---|---|---|
Annual Fee (anuidade) | No annual fee | No annual fee | Free | R$9.99/month | No annual fee | R$19.99/month | R$89/month, waived with over R$8,000 spend or R$50,000 saved at Nubank | R$79.99/month | R$249.99/month |
Purchase Limit/mo | Within credit limit | Within credit limit | Up to balance (debit card) | Up to balance (debit card) | Within credit limit | Up to balance (debit card) | Within credit limit | Up to balance (debit card) | Up to balance (debit card) |
Withdrawal Limit/mo | Within credit limit | Within credit limit | Up to balance (debit card) | Up to balance (debit card) | Within credit limit | Up to balance (debit card) | Within credit limit | Up to balance (debit card) | Up to balance (debit card) |
Travel Insurance (medical) | Not stated | Not stated | Not stated for Brazil | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated for Brazil |
Trip Cancellation | Not stated | Not stated | Not stated for Brazil | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated for Brazil |
Baggage Insurance | Not stated | Not stated | Not stated for Brazil | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated for Brazil |
Purchase Protection | Not stated | Not stated | No credit protection (debit) | No credit protection (debit) | Not stated | No credit protection (debit) | Not stated | No credit protection (debit) | No credit protection (debit) |
Car Rental Insurance | Not stated | Not stated | Not stated for Brazil | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated | Not stated for Brazil | Not stated for Brazil |
Concierge Service | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated |
Airport Lounge Access | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated | Unlimited access to the Ultravioleta Lounge at Guarulhos airport | Not stated | Not stated |
Cashback / Rewards | Not stated | Inter Loop: 1 point per R$10; points redeemable as cashback | Not stated | Not stated | Inter Loop: 1 point per R$2.50; points redeemable as cashback | Not stated | 1.25% cashback or 2.2 points per dollar; 5% or 9 points per dollar on Nu Viagens | Not stated | Not stated |
International Acceptance | Very wide (Mastercard network) | Very wide (Mastercard network) | Wide (Visa or Mastercard depending on issue) | Wide (Visa or Mastercard depending on issue) | Very wide (Mastercard network) | Wide (Visa or Mastercard depending on issue) | Very wide (Mastercard network) | Wide (Visa or Mastercard depending on issue) | Wide (Visa or Mastercard depending on issue) |
Explore the details of each type of coverage and service.
| Card | Medical Travel | Trip Cancellation | Baggage | Car Rental |
|---|---|---|---|---|
Nubank Mastercard | Not stated | Not stated | Not stated | Not stated |
Inter Mastercard (Loop) | Not stated | Not stated | Not stated | Not stated |
Revolut Standard | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil |
Revolut Plus | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil |
Inter Black | Not stated | Not stated | Not stated | Not stated |
Revolut Premium | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil |
Nubank Ultravioleta | Not stated | Not stated | Not stated | Not stated |
Revolut Metal | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil |
Revolut Ultra | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil | Not stated for Brazil |
* Cover depends on each card's terms; "Not stated" means the issuer does not mention it on its product page.
Our recommendations based on your usage profile.
You travel often and pay a lot in foreign currency.
Advertised zero IOF and a 3.5% spread on international purchases, 1.25% cashback and unlimited Guarulhos lounge access; R$89 a month, waived above R$8,000 of spend. Revolut Metal (R$79.99/month): R$10,000 of fee-free exchange a month.
You want a card with no annual fee.
No annual fee, fully managed in the app. Inter: no annual fee, with 1 Loop point per R$10 spent, redeemable as cashback.
You spend a lot and want points without an annual fee.
No annual fee, 1 Loop point per R$2.50 with average spend of R$7,000 per bill. Nubank Ultravioleta: 1.25% cashback or 2.2 points per dollar.
You often buy from foreign websites.
R$19.99 a month, R$4,000 of fee-free exchange a month then 1.4%; the 3.5% IOF is added. Revolut Standard: free, R$1,000 of fee-free exchange a month.
IOF (Imposto sobre Operações Financeiras) is a federal tax. Since Decree 12,499 of 2025, it is 3.5% on international purchases by credit, debit or prepaid card. It comes on top of the bank's FX spread. Nubank advertises zero IOF on the Ultravioleta card.
Since January 2024, interest and charges on rotativo credit cannot exceed 100% of the original debt. Rates remain very high: always pay the fatura in full.
R$89 a month, waived if you spend over R$8,000 on the card or keep R$50,000 saved at Nubank. It offers 1.25% cashback or 2.2 points per dollar and unlimited access to the Ultravioleta lounge at Guarulhos.
Inter cards have no annual fee. They earn 1 point per R$10 (entry card), 1 per R$5, 1 per R$2.50 (Black, with R$7,000 average spend) or 1 per R$2, depending on tier. Points convert to cashback in your account.
Standard free, Plus R$9.99, Premium R$19.99, Metal R$79.99 and Ultra R$249.99 a month. BRL exchange is fee-free from R$1,000 to R$20,000 a month depending on plan, then 1.4%; IOF applies. Free withdrawals from R$1,600 to R$6,000 a month, then 2% (min R$6).
Yes, the FGC (Fundo Garantidor de Créditos) guarantees up to R$250,000 per depositor per institution.
The Brazilian card market is the largest in Latin America. PIX, the instant payment system launched by the Central Bank of Brazil in 2020, has transformed habits: free instant transfers between individuals are now the norm. Major banks (Itaú Unibanco, Bradesco, Banco do Brasil, Santander Brasil) share the market with digital banks such as Nubank and Inter.
In Brazil, paying in parcelas (interest-free instalments) is deeply rooted: merchants commonly let you split payments at no extra cost on a credit card. Digital banks made the no-annual-fee card standard (Nubank, Inter), and high-end cards now compete on cashback, points and airport lounges, like the Nubank Ultravioleta. Brazil's own Elo network coexists with Visa and Mastercard.
Brazilian cards fall into cartão de débito (immediate debit), cartão de crédito (monthly bill, the fatura) and cartão pré-pago. High-end cards offer airport lounges and points; the Nubank Ultravioleta costs R$89 a month, waived above R$8,000 of spend. The cartão de crédito consignado, repaid from salary or pension, offers lower rates. Nubank and Inter offer cards with no annual fee.
Brazilian credit card rates are among the highest in the world. Since January 2024, rotativo interest and charges cannot exceed 100% of the original debt, but paying the fatura in full remains essential. IOF is 3.5% on international card purchases since Decree 12,499 of 2025. The FGC guarantees deposits up to R$250,000 per institution, and the Banco Central do Brasil supervises the sector.
For a Brazilian resident, start with a no-annual-fee card (Nubank, Inter) for everyday purchases and use PIX for transfers. For travel, compare the total cost abroad: 3.5% IOF plus the bank's spread, except offers such as the zero IOF advertised on the Nubank Ultravioleta. Avoid paying the minimum on the fatura: always pay the full balance.
* Fees collected in October 2026 from issuers' official pages (Nubank, Inter, Revolut). They may change: check with the issuer before applying. Deposits guaranteed by the FGC up to R$250,000. Supervised by the Banco Central do Brasil.