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How does Platinum work?

Overview

Platinum is the premium tier on Plasma One. It gives you the highest cashback rates, boosted AI and airline cashback, premium AI subscription credits, no added Plasma fees, Visa Infinite benefits, and VIP support. It is designed for users who want to get the most out of Plasma One.

Platinum currently requires locking 100,000 XPL for 12 months. This is a promotional rate for the first 30 days from launch. After that, the requirement increases to 150,000 XPL.


What you get on Platinum

Cashback

Earn cashback on eligible card purchases, paid in XPL.

Your cashback rates are tied to your tier, not your card. All cards on your account benefit from your current tier regardless of which card you use to spend.

Note: Visa benefits however are tied to the specific card used to make the purchase.

On your monthly spend

Cashback rate

First $3,000

4%

Next $7,000 ($10,000 total)

3%

Next $2,000 ($15,000 total)

2%

On the rest ($15,000+)

1%

Cashback is calculated at the point your transaction settles or is captured, not when it is authorised.

Cashback is currently paid out weekly (currently on Thursdays). Rewards may remain pending for several days after a transaction posts and vest only at the end of the pending period. Payout timing may change.

AI cashback

Earn boosted cashback on eligible purchases at AI merchants including ChatGPT, Claude, Cursor, and more.

On your monthly AI spend

Cashback rate

First $500

10%

Next $500 ($1,000 total)

5%

On the rest ($1,000+)

1%

Airline cashback

Earn boosted cashback on eligible purchases with partner airlines including United Airlines, Emirates, Singapore Airlines, Cathay Pacific, and British Airways.

On your monthly airline spend

Cashback rate

First $500

10%

Referrals

Duration

Rate

6 months

1%

AI subscription credits

Platinum includes up to $20 per month toward ChatGPT Plus and up to $20 per month toward Claude Pro. Credits are paid as a USD rebate to your USD cash balance.

Cards

Platinum

Virtual cards

Up to 3 free

Additional virtual cards

Coming soon

Physical card

1 free (coming soon)

Visa benefits

Visa Infinite

Annual Fees

Annual cost

100,000 XPL locked*

  • Promotional rate. Increases to 150,000 XPL after the first 30 days from launch.

→ For a fee breakdown on FX, onramp and offramps fees, see: What are the fees on Plasma One?

Support

Platinum members receive VIP support.

Perks and benefits

Platinum includes a full suite of Visa Infinite purchase, travel, and lifestyle benefits.

Visa benefits apply to purchases made with the corresponding card. Signature benefits require a Signature card, Infinite benefits require an Infinite card.


Terms

Full details on cashback eligibility, referral conditions, and tier benefits are in the Plasma One Rewards Addendum.

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.

XPL is a digital asset. It is not legal tender, is not a bank deposit, is not government-backed, and is not FDIC or FSCS insured. Its value can fall as well as rise and may decline to zero.

UK users: Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk. See the additional disclaimers here.

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