G2MGWEI 2 MERCHANT
Find your best card
#16 of 26VisaSpendSelf-custodial

Plasma One

Self-custodial Visa from Plasma that spends USDT, with cashback paid in XPL. The free Lite tier pays 2% on your first $500 a month.

Key facts

Cashback
2% to 4% in XPL, weekly
Annual fee
Free
FX fee
2%
Top-up fee
0.15%
Per-purchase fee
None listed
ATM
$2 + 2% per USD withdrawal; physical card only, up to $1,000 a withdrawal and 3 a day
Card types
virtual, physical
Mobile wallets
Apple Pay + Google Pay

Cashback: Lite: 2% on the first $500 a month, then 0.1%. Core: 3% stepping down to 0.25%. Platinum: 4% stepping down to 1%. AI merchants and partner airlines earn up to 10% on higher tiers.

FX: Billed in US dollars. Lite: 1% Plasma markup plus about 1% Visa FX. Core: 0.5% plus about 1%. Platinum: no FX fee.

G2M score worldwide

61/100
Rewards7.5/25
Fees21/30
Coverage10/20
Ecosystem12/15
Control10/10
How the score works

Where it works

  • IndiaNot confirmed
  • UAENot confirmed
  • United StatesAvailable
  • United KingdomNot confirmed
  • EU / EEANot confirmed

Growing list of countries, full list not published; the US in 31 states. Includes United States.

Banking features

Bank account (IBAN or account number)
In your name
Send money to a bank account
19 currencies
Buy and sell crypto with fiat
Buy and sell
Spend against crypto without selling
No
Yield on your balance
Yes
ID check for people living abroad
Passport country and home country must both be supported
Citizens turned away
Cuba, Iran, North Korea, Russia, Syria, Ukraine, Venezuela

Tiers and plans

[ tier break-even ]

When a paid tier pays for itself against Lite (free), with its yearly fee and monthly cashback cap counted.

  • You need to spend at least $900 a month for Core ($199/yr) to beat Lite (free).
  • Platinum (free) beats Lite (free) at any spend, if you hold the XPL it needs (below).
[ staking check ]
  • Core: hold 20,000 XPL. Live price unavailable right now.
  • Platinum: hold 100,000 XPL. Live price unavailable right now.

Prices from CoinGecko, updated hourly. A stake is your own money locked up, not a fee, but its value moves with the token.

TierCost per yearCashbackMonthly capFX feeHow to get itPerks
LiteFree2% up to $500/mo, 0.1% above $500—2%Free to join1 free virtual card
Core$199Or lock 20,000 XPL for 12 months instead3% up to $1,000/mo, 2% up to $2,000/mo, 1% up to $3,000/mo, 0.25% above $3,000—1.5%$199 a year, or lock 20,000 XPL for 12 months5% on AI merchants (first $250 a month) · ChatGPT Go subscription · Up to 2 free virtual cards
PlatinumFreeNo fee; needs 100,000 XPL locked for 12 months4% up to $3,000/mo, 3% up to $10,000/mo, 2% up to $15,000/mo, 1% above $15,000—0%Lock 100,000 XPL for 12 months10% on AI merchants (first $500 a month) · 10% on partner airlines, up to $600 a year · Lounge access · Visa concierge · Travel insurance

Real swipe receipt

What one purchase really costs on Plasma One, with every fee and the cashback.

[ swipe receipt ]Try a $10 coffee, a $50 dinner or a $200 hotel on Plasma One, in your own currency, and post the receipt on X.Open the receipt

What's good

  • 2% back on the free tier, up to 4% on Platinum
  • Self-custodial: Plasma does not hold your funds
  • No FX fee on Platinum

Watch out for

  • Lite drops to 0.1% after $500 a month
  • Cashback is paid in XPL, so its value moves with the token
  • Indian ID documents are blocked by default at sign-up

More details

Other fees
Crypto deposits: 0.15% to 0.75% Plasma fee plus network fees
Perks
Earn on your balance until you spend it (variable rate) · Free USDT transfers on Plasma
Spend from
USDT, USDC
Issuer
Rain

Sources · last checked 25 Oct 2026

Terms change often. Confirm fees and availability on the official Plasma site before you apply. Spotted something out of date? Tell us.

Also worth a look

See all cards
ether.fi Cash Card3% to 4% back80Jupiter Card2% to 4% back73Tria Card1.5% to 6% back69