Best Credit Cards in Panama
848,163 active cards in Panama. Rates from 13.5% to 28%. Cashback up to 6%. Compare and save.
16cards analyzed6%max supermarket cashback22.07%SBP average rateACODECO Feb 2026 · 16 cards
"Does your card give you money back? The best gives 6% at the supermarket. The worst: 0%. On $1,000/month spend the difference is $720/year."
Use the calculator below to see exactly how much you'd earn with each card based on your real spending.
Monthly spend profile
1
M
Mastercard Black
Multibank · Mastercard Black
6%4%3%
Annual fee
$90
+$552
net per year
▾
2
B
Visa Infinite BG
Banco General · Visa Infinite
3%3%3%
Annual fee
$90
+$366
net per year
▾
3
M
Mastercard Cash+
Multibank · Mastercard Gold
4%3%1.5%
Annual fee
$30
+$351
net per year
▾
4
C
Visa Platinum Credicorp
Credicorp Bank · Visa Platinum
2.5%2.5%2%
Annual fee
$50
+$283
net per year
▾
5
B
Mastercard Platinum
Banistmo · Mastercard Platinum
2.5%2%2%
Annual fee
$60
+$264
net per year
▾
6
B
Visa Platinum BG
Banco General · Visa Platinum
2%2%2%
Annual fee
$60
+$240
net per year
▾
7
B
Mastercard Gold
Banistmo · Mastercard Gold
2%1.5%1.5%
Annual fee
$35
+$211
net per year
▾
8
B
Visa Gold BG
Banco General · Visa Gold
1.5%1.5%1.5%
Annual fee
$30
+$192
net per year
▾
9
G
Visa Clásica GB
Global Bank · Visa Clasica
1.5%1%1%
Annual fee
Free
+$168
net per year
▾
10
B
Visa Clásica BG
Banco General · Visa Clasica
1%1%1%
Annual fee
Free
+$144
net per year
▾
11
B
Mastercard Clásica BAC
BAC Credomatic · Mastercard Clasica
1%1%1%
Annual fee
Free
+$144
net per year
▾
12
B
Mastercard Clásica
Banistmo · Mastercard Clasica
1%1%1%
Annual fee
Free
+$144
net per year
▾
13
C
Mastercard Clásica CA
Caja de Ahorros · Mastercard Clasica
1%1%1%
Annual fee
Free
+$144
net per year
▾
14
B
Visa Platinum BAC
BAC Credomatic · Visa Platinum
1.5 miles/$
Annual fee
$55
$-55
net per year
▾
15
G
Visa Platinum GB
Global Bank · Visa Platinum
1.5 miles/$
Annual fee
$55
$-55
net per year
▾
16
B
Visa Signature BAC
BAC Credomatic · Visa Signature
2 miles/$
Annual fee
$75
$-75
net per year
▾
System average rate: 22.07% nominal annual (SBP, December 2025)
Cashback or Miles?
Cashback is real money on your statement — simple. Miles are worth more per dollar spent if you fly frequently (Copa, Avianca). If you don't fly, cashback always wins.
Source: ACODECO Comparative Study Feb 2026 + bank websites · No sponsorship