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Prexpe review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Prexpe pairs a prepaid multi-currency card with a personal loan for adults living in Peru. The monthly fee is PEN 0 and the card runs on mastercard, which keeps everyday spending cheap, though 2 currencies is a narrow spread for travellers heading abroad.

Key facts

Best for
A low-cost prepaid multi-currency card for Peruvian residents, with a personal loan alongside.
Monthly fee
PEN 0↗
Free ATM withdrawals
PEN 0↗
Card type
Prepaid↗
Card network
Mastercard↗
Currencies
2↗
Legal entity
PREX S.A.C. (RUC 20606050624)↗
Headquarters
Peru↗
Support channels
Email, Chat, Help-centre↗
Features
Multi-currency, Virtual card, Travel
Official website
prexpe.com.pe

Loans

Credit check
Hard↗
Funding time
Instant, credited direct to the Prexpe account once approved↗
Rate type
Fixed↗
Lender type
Direct lender↗
Free early repayment
Yes↗
Eligibility
18 or older with a valid DNI, CE or CPP, resident in Peru, and not a politically exposed person (PEP)↗
Loan types
Personal↗
Pricing model
Fixed rate

Facts checked September 26, 2026, 8 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Monthly fee of PEN 0 on the prepaid account, so there is no standing charge.
  • Features cover multi currency, virtual card and travel, so travel spending and a virtual card come with the balance.
  • The personal loan is fixed and early repayment is free, so a balance can be cleared sooner.

Cons

  • Support runs on email, chat and help centre only, with no phone line for urgent card or cash problems.
  • The loan runs a hard credit check, which rules out applicants with a thin credit file.
  • The free ATM allowance is PEN 0, so cash withdrawals are a paid extra.
Prexpe

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Who it suits

  • Adults resident in Peru with a valid DNI, CE or CPP who want a prepaid account at PEN 0 a month.
  • Travellers from Peru who want a virtual card on mastercard for spending abroad.
  • Peruvian borrowers after a fixed personal loan with free early repayment.

Who should look elsewhere

  • Wise, for readers who want a monthly fee of £0 set in pounds rather than a Peruvian prepaid account.
  • bunq, for readers who prefer a euro account with a monthly fee of €0.
  • Varo Believe Secured Credit Card, for anyone after a secured credit card rather than the prepaid card Prexpe issues.

Who runs it

Prexpe is operated by PREX S.A.C. (RUC 20606050624), with its head office in Peru. The prepaid card and the personal loan sit under the same company, so the account and the borrowing follow the same terms. Support runs on email, chat and help centre, so help comes by email, chat or the help centre.

How Prexpe compares

Where Prexpe is available

Available
Peru

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to keep a Prexpe account?+

The monthly fee is PEN 0, so holding the prepaid account carries no standing charge. The card is prepaid and runs on mastercard. Borrowing sits on the other side and is priced on a fixed rate, so the cost depends on which part you use.

Which company runs Prexpe?+

Prexpe is operated by PREX S.A.C. (RUC 20606050624), with its head office in Peru. The prepaid card and the personal loan are handled by the same company, so both sides of the balance sit under the same name and terms.

Who can open a Prexpe account?+

You must be an adult with a valid DNI, CE or CPP, resident in Peru, and not a politically exposed person. The prepaid account and the personal loan are both opened on that basis, so a passport alone does not open either.

How quickly does a Prexpe loan arrive?+

Funding time is Instant, credited direct to the Prexpe account once approved. Prexpe is a direct lender, so the money comes straight from the provider rather than a broker, and approval follows a hard credit check before the transfer.

How much risk is there in borrowing through a prepaid account provider?+

Across the products listed here, typical retail loss is 70.15%, with the middle of the listings running 65.75% to 74.5%. Prexpe screens loan applicants with a hard credit check, so the file is read before any money moves.

Can I spend abroad and take out cash?+

The card is prepaid and runs on mastercard, and multi currency, virtual card and travel covers travel spending, so buying abroad is handled. Cash is separate: the free ATM allowance is PEN 0, so treat withdrawals as a charge.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Currency conversion fee, Protection.

Prexpe

Prexpe

A low-cost prepaid multi-currency card for Peruvian residents, with a personal loan alongside.

See alternatives