Plutus Card
EEA e-money issuer · Visa
A UK/EEA card whose 9% headline is the highest in the category — and also the most capped and the most token-dependent.
About Plutus
The Plutus card carries the highest headline rate in this category at 9%, and it is simultaneously the most capped and the most token-dependent. The rate applies to a limited monthly spend, and reaching it requires holding and locking a substantial position in the issuer's own token — so the actual amount of cashback available is bounded twice over, while the capital requirement is not. It is a UK and EEA product. As an illustration of how a headline percentage relates to what a user receives, it is the most instructive card in this rating.
Our verdict
A UK/EEA card whose 9% headline is the highest in the category — and also the most capped and the most token-dependent.
The 9% requires holding 40,000 PLU (worth about $23,949 a year ago, about $4,675 now — PLU is down roughly 99.6% from its all-time high), and the rewarded spend is capped at £250/month, so the cashback tops out around £1,080 a year no matter what. Held, not locked, so you can exit — but you must keep holding to keep the rate.
Strengths & trade-offs
What works
A UK/EEA card whose 9% headline is the highest in the category — and also the most capped and the most token-dependent.
Where it loses points
The 9% requires holding 40,000 PLU (worth about $23,949 a year ago, about $4,675 now — PLU is down roughly 99.6% from its all-time high), and the rewarded spend is capped at £250/month, so the cashback tops out around £1,080 a year no matter what. Held, not locked, so you can exit — but you must keep holding to keep the rate.
Evidence
Plutus Card FAQ
Can I actually earn 9% cashback with Plutus?
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On a capped portion of monthly spend, while holding a substantial locked position in the issuer's token. The headline is real and the amount it applies to is limited, so the meaningful figure is the absolute cashback per month rather than the percentage — and that has to be weighed against the capital you locked to unlock it.
US residents, and anyone doing the arithmetic on a token down 99.6% from its peak.
The rest of the crypto cards ranking
Same criteria, same weights, same measurement run — this is what Plutus Card is being compared against.