Prex review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Prex is an easy-access account for people in Uruguay who want to hold money and move it without a monthly charge. Its appeal is simple pricing, UYU 0 monthly, plus Free between Prex users and from Prex to Itau accounts. The limit is reach: 2 currencies, a single market, and a licensed peer in Uruguay.
Key facts
- Best for
- Free everyday spending and instant transfers for people living in Uruguay.
- Monthly fee
- UYU 0↗
- Currencies
- 2↗
- Transfer fee
- Free between Prex users and from Prex to Itau accounts↗
- Legal entity
- PREX HOLDING S.A.S.↗
- Headquarters
- Uruguay↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Audience
- Travelers, Business, Freelancers, Teens
- Pricing model
- No monthly fee
- Official website
- prexcard.com
Money transfer
Savings
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- X
Pros and cons
Pros
- No monthly charge, with a monthly fee of UYU 0
- Free between Prex users and from Prex to Itau accounts between Prex users and from Prex to Itau accounts
- Balance usable at any time, with 24/7 access from the Prex app, balance usable at any time
- Support reaches you by email, chat and phone
Cons
- Only 2 currencies, so multi-currency money has nowhere to sit
- Transfers land in a wallet as well as a bank, with payouts to bank and wallet
- No savings rate is listed, so the balance sits in easy access rather than earning
Who it suits
- People in Uruguay who mostly pay and receive locally
- Anyone who wants transfers between Prex users without a fee
- Teenagers and first-time account holders opening an app account
Who should look elsewhere
- Anyone needing many currencies in one account, better served by Skrill
- People who want to hold savings and earn interest
- Small businesses wanting local account details abroad, better served by Plazo ES
Fees and FX
There is no monthly charge: the monthly fee is UYU 0, which matches the lowest monthly fees on the site at €0. Transfers are Free between Prex users and from Prex to Itau accounts, with a transfer fee amount of UYU 0 in the same terms. Money moves Instant, 24/7, Prex-to-Prex or to any bank, so speed is not the trade-off. The wider picture is currency count: Prex covers 2 currencies, below the 5 median across the site.
The company behind it
The account runs on PREX HOLDING S.A.S., registered in Uruguay and regulated there by the Banco Central del Uruguay. Support is reachable by email, chat and phone, which covers chat, email, phone and a help centre. Payouts run to bank and wallet, so a withdrawal can go to a bank account or a wallet rather than only one destination.
How Prex compares
For holding more currencies: Prex covers 2, against Skrill's wider reach, and both charge a monthly fee of €0.
Where Prex is available
- Available
- Uruguay
- Licence in Uruguay
- Banco Central del Uruguay, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Prex cost to open and keep?+
There is no monthly charge. The monthly fee is UYU 0, and Prex is listed as a no-monthly-fee account, which is the most common model here. Transfers between Prex users, and from Prex to Itau accounts, are Free between Prex users and from Prex to Itau accounts.
Is my money protected at Prex?+
Prex is regulated in Uruguay by the Banco Central del Uruguay, which supervises the provider behind the app, PREX HOLDING S.A.S. The available facts cover the licence and the account terms, so check the regulator's register for what sits behind the balance.
How many currencies can I hold?+
Prex covers 2 currencies, which is below the 5 median across accounts on the site and ranks 274 of 379 brands for currency count. It suits local spending more than holding many balances at once.
How fast are transfers and what do they cost?+
Transfers are Free between Prex users and from Prex to Itau accounts between Prex users and from Prex to Itau accounts, and the transfer fee amount is UYU 0. Delivery is Instant, 24/7, Prex-to-Prex or to any bank, so a transfer between Prex users arrives immediately at any hour.
Can I get at my money whenever I want?+
Yes. The account is an easy-access account, and 24/7 access from the Prex app, balance usable at any time from the Prex app, with the balance usable at any time rather than held to a term. That suits everyday spending, though no interest rate is listed on the balance.
How do I get money out of the account?+
Payouts are available to bank and wallet, so you can withdraw to a bank account or to a wallet. Payout to a bank is the most common route among accounts on the site at 88.5%.
Who is Prex aimed at?+
Prex lists travelers, business users, freelancers and teenagers among its audience, so it is built for easy-access spending rather than for saving. Businesses are the most common audience in the business ranking at 94.4%, where Prex also has a free monthly fee.
Where is Prex available?+
Prex is registered in Uruguay and regulated by the Banco Central del Uruguay, with local use of pesos and a second currency. Money transfers go to any bank or wallet, and delivery is Instant, 24/7, Prex-to-Prex or to any bank.
How do I get help if something goes wrong?+
Support is offered by email, chat and phone, covering chat, email, phone and a help centre. Phone and help centre support are the most common channels among accounts here, at 79.5% and 86.1%.
Sources
- play.google.com/store/apps/details checked September 26, 2026
Backs: Audience, Currencies, Headquarters, Legal entity, Transfer fee
- prexcard.com checked September 26, 2026
Backs: Access terms, Account kind, Delivery time, Payout methods, Fee to send 1,000
“Hacés todo 24/7”
- prexcard.com checked September 26, 2026
Backs: Pricing model, Monthly fee, Support channels, Licences
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currency conversion fee.