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How does airline cashback work?

Overview

Platinum members earn boosted cashback on eligible purchases with partner airlines.

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

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


Eligible airlines

Airline cashback applies to purchases with the following airlines:

  • United Airlines

  • Emirates

  • Singapore Airlines

  • Cathay Pacific

  • British Airways

If an airline is not on this list, base cashback rates apply instead.

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


What purchases qualify?

Airline cashback applies to flight purchases made directly on the airline's website or app. To make sure your purchase qualifies, we recommend always booking directly with the airline rather than through a third-party booking platform.


How airline cashback is calculated

Airline 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 airline 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.


What does not earn airline cashback

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

  • Declined transactions

  • Reversed transactions

  • Refunded transactions

  • Chargebacks

  • Cash-like transactions

  • Excluded transactions

→ See Plasma One Rewards Addendum for the full list.


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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