How does AI cashback work?

Core and Platinum members earn boosted cashback on eligible purchases at AI merchants.

Where a purchase qualifies for AI cashback, the AI rate applies in place of the base rate. Once your monthly AI cap is reached, the base rate applies.

For the full rate and band breakdown, see: Cashback rates and spend bands by tier

AI cashback applies to purchases at the following merchants:

If a merchant is not on this list, base cashback rates apply instead.

The eligible AI merchant list is the list currently in effect and may change.

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

It is paid in XPL to your XPL balance. Once your monthly cap is reached, base cashback rates apply to AI merchant spend for the remainder of the month. The cap resets at the start of each calendar month.

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: When and how is cashback paid out?

The following are examples of some transactions that do not earn AI cashback:

→ See Plasma One Rewards Addendum for the full list.

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.