March 30, 2022 — Plutus, a London-based fintech, now gives up to 8% in crypto rewards and up to eight perks to United Kingdom and European Economic Area customers, making it one of the world’s most rewarding crypto-linked debit cards.

A major app update from Plutus introduces 20 new perks, including up to 100% crypto rebates on Netflix, Spotify, Prime, Apple One, Uber, Aldi, Asos and Deliveroo Plus.

The Visa debit card partner has also increased its crypto reward cashback rates from 3% to a maximum of 8% for those who stake its native crypto token, Pluton (PLU).

On Jan. 25, Pluton became one of the lowest-ever market cap coins to be listed on Coinbase, sitting at less than $18.5 million. The coin was listed on the Huobi exchange shortly after.

The UK fintech app has completely upgraded its business model, offering three flexible subscription plans — Starter at no cost, Everyday at 4.99 euros ($5.53), and Premium at 14.99 euros ($16.61) — and four staking levels: Hero, Veteran, Legend and GOAT — Greatest Of All Time. The new model will help Plutus achieve its projected 600,000 cardholders by the end of 2023.

Danial Daychopan, CEO and founder of Plutus, said, “This update makes Plutus potentially the best-value-for-money crypto rewards card on the market. It’s incomparable. Plutus has the lowest staking requirements to obtain 8% crypto cashback and a much more flexible and abundant range of perks.” 

About Plutus

Founded in 2015, Plutus disrupted the rewards card industry by creating the world’s first crypto rewards token, Pluton (PLU).

Tens of thousands of sign-ups now earn crypto rewards in PLU when they shop with the Plutus Visa debit card and access additional in-app perks. The accompanying finance app includes both bank-like features as a fiat account and noncustodial crypto features as a wallet and decentralized exchange. These combined created the world’s first decentralized finance Card.

Plutus has converted 15% of its customers to paid subscription tiers due to the value of its rewards program — significantly higher than industry standards of 2-5%.

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