How does Platinum work?

Platinum is the premium tier on Plasma One. It gives you the highest cashback rates, AI and airline spend credit, a wellness spend credit, local rewards, unlimited Priority Pass lounge access, unlimited 0% FX, Visa Infinite benefits, and VIP support. It is designed for users who want to get the most out of Plasma One.

Platinum costs $2,500 a year, or you can lock 100,000 XPL for 12 months.

→ See: How do I upgrade my tier?

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.

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.

→ See: How cashback works on Plasma One

Platinum includes $500 a year in AI spend credit, allocated monthly (about $41.67 a month). It is paid as spend credit, and unused monthly credit does not roll over.

→ See: How does the AI spend credit work?

Earn 10% back as spend credit on eligible purchases with partner airlines, up to $300 per half year. Partner airlines include United Airlines, Emirates, Singapore Airlines, Cathay Pacific, and British Airways. See the airline article for the full list.

→ See: How does airline cashback work?

→ See: How do I refer a friend?

Platinum includes unlimited 0% FX on card spend, with no FX fee charged.

→ See: Does Plasma One charge FX fees?

Platinum includes a wellness spend credit.

→ See: Overview of Plasma One perks and benefits

Platinum includes local rewards.

→ See: Overview of Plasma One perks and benefits

Platinum includes unlimited access to 1,900+ Priority Pass airport lounges worldwide, at no extra cost. You claim an invitation code in the app and register with Priority Pass to activate it. Guests can be brought at an additional cost charged by Priority Pass.

→ See: How does Priority Pass lounge access work?

→ See: How many cards can I have?

→ See: How do I order a physical card?

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

Platinum members receive VIP support.

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.

→ See: Overview of Plasma One perks and benefits

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.