How does referral cashback work?

When you refer a friend to Plasma One, you earn referral cashback on their eligible card purchases for a set period once they qualify (sign-up with your code as a new user, identity verification, card activation, and a first eligible purchase). The rate and duration depend on your tier.

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

You earn referral cashback on each friend's eligible card purchases for a set period from the moment they join. The clock starts fresh for every new friend you refer.

You can refer multiple friends and earn referral cashback on all of them simultaneously.

Once the period ends, referral cashback stops automatically.

→ See: How do I refer a friend?

→ See: Tracking your referrals and bonuses

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.