No FX fee is charged on Platinum card spend — your transaction converts at the Visa exchange rate, with nothing added. This applies for as long as you're on the Platinum tier. Lite and Core are unchanged.
What you pay on Platinum
When you spend in a currency different from your account currency on a Platinum card, you pay the Visa exchange rate for that transaction and nothing on top. There is no Plasma FX markup and no FX fee of any kind.
Platinum is a 100,000 XPL lock, and zero FX applies for as long as you're on the Platinum tier.
What you pay on Lite and Core
Lite and Core are unchanged. Both pay a Plasma FX markup on top of the Visa exchange rate, and both still pay the Visa FX fee.
Lite — 1% Plasma FX markup, plus the Visa FX fee.
Core — 0.5% Plasma FX markup, plus the Visa FX fee.
Platinum — 0% Plasma FX markup, and no FX fee is charged.
ATM withdrawals
On Platinum, no FX fee is charged on an ATM withdrawal in another currency — the withdrawal converts at the Visa exchange rate, with nothing added.
The ATM operator's own fee still applies. That fee is set and charged by the operator, not by Plasma.
Related
For the full fee schedule across all tiers, including onramp, offramp and FX, see What are the fees on Plasma One?
Terms
Rates, amounts, limits, eligible merchants and perks are the parameters currently in effect. They are variable and may change prospectively in accordance with the Plasma One Rewards Addendum.
Full details on cashback eligibility, referral conditions, and tier benefits are in the Plasma One Rewards Addendum.