Visa / Rain
Plasma One
7.0/10Overall Score
Card Mode
Self-custodial
Card Type
Debit
Mobile Payments
Google PaySupportedApple PaySupported
About the Project
Fees & Rules
01Getting Started
- Virtual Card Application
- $0
02Spending & Conversion
- Base Transaction Fee
- 0%
- FX Fee
- 1%
- Crypto / Fiat Conversion
- 0%
03Rewards
- Cashback
- 2%
Card Guide
Overview
Plasma One is the spending account and card product from Plasma, a stablecoin payment L1 whose token is XPL. Account services come from Bridge (Bridge Building Inc. for US residents, Bridge Building Sp. z o.o. for the EEA and Bridge Building Limited elsewhere), and the card is issued by Rain, a Visa principal member. Plasma states it is not a bank, that user assets are non-custodial and that stablecoin balances are held by the user.
Three tiers: Lite (virtual Visa, free), Core (plastic Visa Signature) and Platinum (metal Visa Infinite). USDT is the main unit of account and funding asset; Apple Pay is supported (Google Pay depending on region), and the card works at Visa acceptance points in 180+ countries.
Plan comparison
Base cashback is paid in XPL and settled every Thursday:
| Item | Lite | Core | Platinum |
|---|---|---|---|
| Benefits | 2% on the first USD 500 a month, then 0.1%, with no overall cap | 3% on the first USD 1,000 a month, stepping down to 0.25% | 4% on the first USD 3,000 a month, then 3% / 2% / 1% down the bands |
| Card fee | free (a USD 10 fee or a USD 10 minimum first deposit applies in some regions) | USD 199 a year or a 12-month lock of 20,000 XPL | requires a 12-month lock of 100,000 XPL. |
Benefits
| Item | Details |
|---|---|
| Base cashback is paid in XPL and settled every Thursday: | |
| Lite: | 2% on the first USD 500 a month, then 0.1%, with no overall cap |
| Core: | 3% on the first USD 1,000 a month, stepping down to 0.25% |
| Platinum: | 4% on the first USD 3,000 a month, then 3% / 2% / 1% down the bands |
| AI merchant bonus (replaces the base rate rather than stacking): 5% on Core, on the first USD 250 a month, and 10% on Platinum, on the first USD 500 a month. | |
| Platinum-only benefits: | 10% back on partner airline spend (USD 600 annual cap), airport fast-track, global eSIM, Proton VPN, Telegram Premium, Claude Pro and ChatGPT Plus. |
| Referral rewards: | 0.25% on Lite, 1% on Core and 1% on Platinum. |
| Stablecoin yield: | Plasma One Earn offers up to about 6% variable APY through third-party DeFi protocols, capital not guaranteed; funds must be moved from Earn back to Cash before they can be spent. |
| Transfers: | zero-fee cross-chain stablecoin transfers. |
| Network benefits: | auto rental cover, extended warranty and price protection under Visa Signature / Infinite. |
Fees
| Item | Details |
|---|---|
| Card fee: | Lite free (a USD 10 fee or a USD 10 minimum first deposit applies in some regions); Core USD 199 a year or a 12-month lock of 20,000 XPL; Platinum requires a 12-month lock of 100,000 XPL. |
| Monthly fee: | 0. |
| Transaction fee: | 0 — Plasma charges nothing on top. |
| FX fee: | about 2% on Lite (1% Plasma markup plus roughly 1% Visa network fee); about 1.5% on Core (0.5% plus roughly 1%); 0% on Platinum, settled at the Visa rate. |
| ATM (physical card only, Core / Platinum): | USD 2 + 2% per withdrawal, USD 1 for balance enquiries and declines; non-USD withdrawals add the FX fee (0.5% on Core, 0 on Platinum). |
| Top-up / funding: | multi-chain USDT free; USDC free up to USD 30,000 per transaction; ETH, WBTC and other assets are converted to USD automatically at 0.15%–0.75%. |
| Other fees: | the first physical card is free on Platinum, while replacements or extra cards cost USD 120; standard shipping is free and expedited shipping USD 30. |
| Tier summary: | the three tiers differ on cashback caps, FX fee and physical card. Platinum's value is the 0% FX fee and travel benefits, Core is the value pick and Lite suits small-scale testing. |
Availability
| Item | Details |
|---|---|
| Supported regions: | 166 countries as of July 2026, spanning Europe, North America, Latin America, the Middle East and parts of Asia-Pacific; in the United States 31 states are eligible. |
| Unsupported regions (19): | Belarus, mainland China, Cuba, India, Iran, Iraq, Israel, Myanmar, Nepal, Nicaragua, Nigeria, North Korea, Russia, Sri Lanka, Syria, Turkey, Ukraine, Venezuela and Vietnam. A further 20 US states and the District of Columbia are excluded: Arizona, Delaware, DC, Georgia, Idaho, Louisiana, Maryland, Mississippi, Missouri, Nevada, New Mexico, North Dakota, Ohio, Oregon, Rhode Island, South Dakota, Tennessee, Vermont, Washington and Wisconsin. |
| Spending limits: | a daily limit is set in the app with presets of USD 1,000 / 5,000 / 10,000 and a USD 5,000 default, plus a custom option requiring a higher KYC tier; effective spending power is the lower of that limit and your stablecoin balance. |
| ATM limits: | USD 1,000 per withdrawal, up to 3 in 24 hours, physical card only. |
| Sign-up requirements: | an invite code during the early-access phase; full KYC (document plus liveness check); Lite requires a USD 10 first deposit in some regions. |
