COCA vs Tria

Both use tiered rewards, but the unlock mechanism is different.

COCA - Six tiers by COCA token wallet balance (no staking, no lock-up, 30-day grace period): Starter (0, 1%), Standard (300, 3%), Standard+ (1K, 4%), Premium (3K, 5%), Premium+ (10K, 6%), Elite (30K, 8%). Above monthly cap, spending earns 1%. Visa debit, Wirex issuer. 0% FX on direct stablecoin pairs (EURC to EUR, USDC to USD), 1% on indirect pairs. $0 annual. 6% APY. 50% off subscriptions. IBAN + SEPA. 54 countries. Assets: USDC, USDT, ETH, BTC.

Tria - Three tiers by annual fee: Virtual (free, 1.5%), Signature ($109/year, 3%, Visa Signature travel insurance, 15% APY), Premium ($250/year, 6%, 0% ATM, metal card, purchase protection, 15% APY). 0% FX on all tiers. XP farming for airdrop. $10K-100K/month spending limits. GLOBAL (EEA, UK, US). Assets: ETH, USDC, USDT.

The key structural difference: COCA requires buying and holding COCA tokens for tiers above 1%. Tria requires only paying an annual fee in USD. For users who prefer fixed, predictable costs without token exposure, Tria's fee model is simpler. For users comfortable with token holding, COCA's model provides more tiers and the potential for token appreciation.

At the free tier, Tria wins. 1.5% versus 1% = $180/year more on $3,000/month spending with zero commitment on either side. This is the clearest comparison point.

At mid-tier, both earn 3% but with different costs. COCA requires 300 COCA tokens (market-price dependent, liquid). Tria charges $109/year (fixed, predictable). If 300 COCA costs less than $109 in opportunity cost, COCA wins. If COCA tokens appreciate, the comparison improves for COCA.

At high tier, Tria's 6% at $250/year outearns COCA Premium (5%) at 3K COCA. The $110/year cashback advantage ($2,160 vs $1,800) minus the $250 fee = still $110 more than COCA after the fee. But COCA Premium requires no annual fee, so COCA saves the $250.

COCA's 8% Elite tier has no Tria equivalent. At the top, COCA earns $970/year more than Tria Premium.

The yield gap is the largest differentiator outside of cashback.

COCA: 6% APY on stablecoin balances via Morpho + Gauntlet (Ethereum DeFi lending). On $20,000 USDC: $1,200/year. Established protocol with significant TVL.

Tria: Up to 15% APY on idle wallet balances via account abstraction yield strategies. On $20,000: up to $3,000/year. Higher potential but "up to" implies variable rates and yield may fluctuate.

SpendNode's fee breakdown shows the $1,800/year yield gap on $20,000 in favor of Tria can offset COCA's cashback and feature advantages. A user with $30,000+ in idle stablecoins earning the full 15% on Tria generates $4,500/year in yield - more than COCA's combined cashback ($1,080/year at Standard) and 6% APY ($1,800/year) combined.

However, 15% APY is an upper bound. Actual rates may be lower. COCA's 6% is more predictable from an established DeFi protocol. Risk-adjusted, the gap narrows.

Both cards offer ecosystem token value, but differently.

COCA: Hold COCA tokens for tier upgrades. The token is live and trading. You buy it on MEXC, BitMart, or DEXs. Your tier commitment is the token holding itself - liquid, no lock-up.

Tria: Farm XP through card spending and activity. XP contributes to future airdrop allocations. The token has not launched yet. 300,000+ users are enrolled. The potential value is speculative but the user base is large.

For users who want live token exposure, COCA. For users who want to farm a pre-TGE airdrop, Tria.

Overlooking Tria's free 1.5% tier when comparing to COCA's free 1% tier. Both cards offer a zero-commitment entry point. Tria Virtual earns 1.5% with no token, no fee, and 0% FX. COCA Starter earns 1% with the same zero commitment. On $3,000/month, Tria earns $180/year more ($540 vs $360) for free. Many comparisons skip the free tier and jump to mid-tier token requirements. At zero commitment, Tria is the better free card. How to avoid it: Always compare the free tiers first. If you are not ready to commit to any token or subscription, Tria Virtual (1.5%, free) beats COCA Starter (1%, free) on pure cashback.

Choosing COCA Elite (8%) for maximum cashback without comparing total yield-inclusive returns. COCA Elite earns $2,880/year in cashback on $3,000/month. Add 6% APY on $20K = $1,200/year. Total: $4,080/year. Tria Premium (6%) earns $2,160/year in cashback minus $250 fee = $1,910/year. Add 15% APY on $20K = $3,000/year. Total: $4,910/year. Tria's yield-inclusive total exceeds COCA's by $830/year despite the lower cashback rate. The 30K COCA token requirement for Elite also represents significant capital at risk. How to avoid it: Compare total annual value (cashback minus fees plus yield) rather than cashback rate alone. If you hold significant stablecoin balances and Tria's yield rates hold, Tria's total return can exceed COCA's at comparable or lower tiers.

For zero-commitment entry: Tria Virtual at 1.5% with 0% FX beats COCA Starter at 1% with 0-1% FX - both free, both self-custodial. Tria now has the FX advantage too.

For maximum cashback with banking features: COCA Elite at 8% with IBAN, SEPA, and subscription rebates. No other self-custodial card matches 8% at zero annual fee.

For maximum yield on idle balances: Tria Signature or Premium for up to 15% APY. The yield advantage over COCA's 6% generates $1,800+/year more on $20K balances.

For travel perks with self-custody: Tria Signature and Premium include Visa Signature travel insurance and purchase protection. COCA does not offer travel insurance at any tier.

Outlook: COCA and Tria are the two most feature-dense self-custodial cards in 2026. COCA's IBAN banking, subscription rebates, and 8% ceiling give it the edge on pure financial features. Tria's higher yield, XP farming, and Visa Signature perks give it the edge on DeFi-native value capture. If Tria's $XPLACE (or TGE equivalent) token launches successfully, early XP farmers could see significant retroactive value. If COCA increases its APY or adds travel insurance, it would close Tria's remaining advantages. Both cards are actively competing for the self-custodial market - and users benefit from this competition.