Plasma One Card Review 2026
Plasma One Card is a self-custodial Visa secured credit card on the Plasma chain. Up to 3% XPL cashback, 0% APR, up to 1% FX, up to 5% APY on stablecoin balance via Veda, Apple Pay support.
APPLE PAY
Verified
GOOGLE PAY
Verified
CASHBACK
Verified
Plasma One Card Overview
Free Self-Custodial Visa - 3% XPL Cashback, 0% APR, Up to 5% APY on Idle Balance
The Plasma One Card is the standard-tier Visa from Plasma One. Free annual fee, up to 3% cashback in XPL, and up to 5% APY on the stablecoin balance through Veda. Best for stablecoin spenders comfortable with XPL exposure on their rewards.
Fees & Charges
Annual Fee
Free
FX Fee
1%
ATM Fee
TBD
Requirements
Supported Regions
GLOBAL
Spendable Assets
USDT, USDC
The Plasma One Card is the standard-tier Visa secured credit card operated by Plasma. The card is collateralized by stablecoin balances held in a self-custodial smart wallet you control. The issuer extends short-term credit against your collateral when you spend, and the collateral is liquidated within one day to settle each charge. APR is 0% on purchases. Foreign exchange fee is up to 1% on non-USD purchases with a 0% cross-border fee. Card spend earns up to 3% cashback paid in XPL on the Plasma chain, with a $250/month cap on the standard tier. Idle stablecoin balance can be allocated to Veda vaults to earn up to 5% APY (3.93% at time of review). Fund the wallet for free with USDT on Plasma, Polygon, Ethereum or Arbitrum, or USDC free up to $30k on Polygon, Ethereum or Arbitrum. USD ACH and wire deposits are available. Apple Pay is supported. Daily spend limit is user-configurable up to $10,000 with a custom option, bounded by collateral market value.
Written by Aleksandar Dukic
FAQ
What fees does the Plasma One Card have?
There is no annual fee on the standard tier. APR is 0% on purchases. Foreign exchange fee is up to 1% on non-USD purchases with a 0% cross-border fee. USDT funding is free on Plasma, Polygon, Ethereum and Arbitrum, and USDC funding is free up to $30,000 on Polygon, Ethereum and Arbitrum. USD ACH and wire deposits are also supported. The card is virtual-only at time of review, so there is no ATM withdrawal option yet. Cash advances and balance transfers are not available.
What is the cashback rate and how is it paid?
Card spend earns 3% cashback on the standard tier, paid in XPL (the native token of the Plasma chain). The cap is $250/month in cashback, which covers approximately the first $8,333 of monthly spend at 3%. The amount you receive in dollars at the time of payout depends on the XPL price at credit. In our testing, cashback was credited within 48 hours of the transaction.
How does the up to 5% yield work?
Stablecoin balances can be allocated to an Earn vault built by Veda Tech Limited. The displayed yield in-app at the time of review was 3.93% APY, with the marketing 'up to 5%' rate reserved for the upcoming Platinum tier's boosted-yield benefit. The vault has no lockup and can be withdrawn at any time. Yield is generated by on-chain DeFi strategies and is not a deposit interest rate; the rate fluctuates with on-chain conditions.
Who issues the Plasma One Card and is my balance protected?
The card is issued under a Visa license through a partner bank named in the Plasma Spend Card Terms (Third National, with Signify Holdings as program manager per the public-facing site). The Plasma One Card is structured as a secured credit account: your self-custodial stablecoin wallet acts as collateral and the issuer extends short-term credit that is settled by liquidating collateral within one day of each charge. Stablecoin balances are not bank deposits and are not FDIC insured. Fiat on- and off-ramps inside the app are operated by Bridge (Bridge Ventures LLC), a regulated money transmitter.
What are the spending limits?
The daily spend limit is configurable in-app with $1,000, $5,000, $10,000 and Custom presets. The default is $5,000/day. The custom option may allow higher limits subject to KYC tier. Foreign-currency spending uses the Visa rate at conversion.
Is the Plasma One Card available in my country?
Plasma One states the card is accepted in 150+ countries, but does not publish a country eligibility list for opening an account. Eligibility is determined at signup through KYC by SumSub. The Plasma Spend Card Terms also ask you to attest at activation that you are not a United States citizen and that the card is intended for those outside the United States - check this at signup if you are based in the US. The service is unavailable to OFAC-sanctioned individuals and entities.
How do you choose Plasma One Card crypto cards?
We compare verified issuer sources, fees, and eligibility. Availability can change, so confirm with the issuer before applying.
Do all cards in this list offer the same benefits?
No. Each issuer defines its own program terms. Review the sources on each card profile.
Are these rankings or recommendations?
No. Lists are filtered views of cards in our database and do not imply rankings.
You retain custody of your funds until the moment of spending. Your balance is not exposed to provider insolvency risk.
Fees shown above are the card's disclosed fees. Additional costs may apply: Visa/Mastercard network spread (typically 0.5-0.9%), crypto-to-fiat conversion spread at point of sale, and blockchain gas fees for on-chain top-ups.
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