METAL CARD
Verified Benefit
SELF CUSTODY SPEND
Verified Benefit
CASHBACK
Verified Benefit
Our Official Verdict
The Platinum Club: 2% Cashback + Private Concierge + 1,400+ Lounges
The Platinum Club is the top tier in the Xplace ecosystem. At $5000 per year, it delivers the highest published cashback (2% USDC) and 10% XP, plus private concierge, 1,400+ airport lounges, and a $750,000 monthly limit. Break-even is $250,000 annually - built for institutional-grade self-custodial spending.
Fees & Charges
Annual Fee
$5000
FX Fee
1%
ATM Fee
TBD
Requirements
Supported Regions
GLOBAL
Spendable Assets
USDC, SOL
Xplace Platinum Club Card Review
The Xplace Platinum Club Card is the top tier of the Xplace program, featuring a mirror metal Visa with 2% USDC cashback, 10% XP rewards, private concierge, and access to 1,400+ airport lounges worldwide.
The Top Tier: Mirror Metal, Maximum Everything
The Platinum Club is Xplace's flagship. For $5,000/year, you get the program's highest cashback (2% USDC), the highest XP rewards (10%), the highest monthly limit ($750,000), and a suite of lifestyle perks that rival traditional luxury cards: 1,400+ airport lounges, private concierge, travel upgrades, and exclusive events.
The mirror metal card itself is a statement piece. It is designed to signal status at the point of sale in the same way an Amex Centurion or Crypto.com Obsidian does.
ROI Analysis: The $5,000 Break-Even
| Monthly Spend | Annual Cashback | Annual Fee | Profit/Loss |
|---|---|---|---|
| $5,000 | $1,200 | $5,000 | -$3,800 |
| $10,000 | $2,400 | $5,000 | -$2,600 |
| $20,834 | $5,000 | $5,000 | $0 (break-even) |
| $50,000 | $12,000 | $5,000 | +$7,000 |
Gross break-even requires $250,000 in annual spending ($20,834/month). But the 1% transaction fee reduces net cashback to 1% (2% cashback minus 1% fee). With net 1% cashback, the true break-even is $500,000 annually ($41,667/month).
The honest math at $20,000/month:
- USDC cashback: $4,800/year
- Transaction fees: -$2,400/year (1% on $240K)
- Net cashback: $2,400/year
- Annual fee: -$5,000
- Net loss: -$2,600/year (before lounge and lifestyle value)
To reach profitability on cashback alone, you need $41,667+/month. Below that threshold, the $5,000 fee must be justified by lifestyle perks (lounges, concierge, travel).
Platinum vs Ultra-Premium Competitors
| Feature | Xplace Platinum | Crypto.com Obsidian | ether.fi Pinnacle |
|---|---|---|---|
| Annual fee | $5,000 | $0 (with $400K CRO) | $0 |
| Net cashback | 1% (after tx fee) | 5% | 3% |
| FX fee | 1% | 0% | 1% |
| Lounges | 1,400+ | LoungeKey + Priority Pass | Conference lounge |
| Concierge | Private | Yes | Coming soon |
| Monthly limit | $750K | Varies | $200K |
| Custody | Self-custodial | Custodial | Self-custodial |
On pure cashback, Obsidian (5%) and Pinnacle (3%) are significantly better. Platinum's competitive edge is the combination of self-custody, the highest lounge count in crypto (1,400+), private concierge, and the $750K monthly limit. For ultra-high-net-worth Solana users, the $750K monthly limit is meaningful - it is 3.75x Pinnacle's $200K cap.
Lifestyle Perks: What $5,000 Buys
Confirmed on the live site as of February 2026:
- 1,400+ airport lounges - far exceeding the typical LoungeKey or Priority Pass networks offered by competitors
- Private concierge - personalized travel and lifestyle support
- Travel upgrades - priority perks and luxury travel experiences
- Exclusive events - VIP access to private events
- Priority support - dedicated response times
For frequent travelers who currently pay $300-500/year for lounge memberships separately, the Platinum bundles this into the annual fee alongside cashback and XP.
Fee Structure
- Annual fee: $5,000
- FX fee: 1%
- Transaction fee: 1%
- ATM daily limit: $2,000
At $5,000/year, this is the most expensive crypto card annual fee on the market. The Tria Premium is $250/year, Crypto.com Obsidian is $0 (with a CRO stake), and ether.fi Pinnacle is $0. The fee must be justified by the lounge network and concierge, not cashback.
The XP Angle: 10% Cashback in Points
The 10% XP reward rate is by far the highest in the Xplace program. At $20,000/month in spending, Platinum generates massive XP volume. If the $XPLACE token launches at meaningful value, early Platinum adopters would have accumulated the largest XP positions in the ecosystem.
This is the speculative bet: the XP rewards could be worth far more than the USDC cashback difference. But it is speculation, not guaranteed value.
Verdict
The Xplace Platinum Club Card is the most exclusive self-custodial crypto card on the market, combining Solana-native spending with traditional luxury lifestyle perks. The $5,000 annual fee is steep, and net cashback after transaction fees only turns positive above $41,667/month. Below that, you are paying for lounge access, concierge, 10% XP farming, and the mirror metal status. For ultra-high-net-worth Solana users who value self-custody and premium lifestyle, it is unmatched. For everyone else, the economics favor ether.fi Pinnacle or Crypto.com Obsidian.
Best for: Ultra-high-net-worth Solana users who want self-custodial spending with luxury lifestyle perks, 1,400+ lounges, and maximum XP farming. Look elsewhere if: You want pure cashback value - Crypto.com Obsidian (5%, 0% FX, $0 fee with stake) or Bybit Supreme (10% cashback) offer superior economics.
Fees and break-even math
Annual fee: $5,000. FX fee: 1%. Transaction fee: 1%. Gross break-even: $5,000 / 2% = $250,000/year ($20,834/month). Net break-even (after 1% tx fee): $5,000 / 1% = $500,000/year ($41,667/month). Monthly limit: $750,000. Annual max spend: $9,000,000. At maximum utilization ($750K/month): $180K cashback - $90K tx fees - $5K annual = +$85K/year.
Competitor comparison
- Crypto.com Obsidian: 5% cashback, 0% FX, $0 (with $400K CRO stake). Superior economics but custodial.
- ether.fi Pinnacle: 3% cashback, $0 annual, self-custodial. Better cashback value with Ethereum self-custody.
- Bybit Supreme: Up to 10% cashback. Highest raw cashback but requires VIP trading tier.
Sources
Last verified: Feb 9, 2026 - Data sourced from official Xplace documentation.
