How to Use the Plutus Crypto Card: Complete Tutorial

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What is Plutus?

Plutus is a cryptocurrency platform based on blockchain technology that provides users with a personal bank account and a Visa debit card, allowing users to spend their cryptocurrencies anywhere Visa is accepted.

You can connect your account to your MetaMask and spend your cryptocurrencies. However, what really stands out about the Plutus card is its cashbacks and perks. Spending cryptocurrencies with Plutus can be tedious, and there are other better cryptocurrency cards out there, but when it comes to earning cashbacks (free cryptocurrencies), it is unbeatable.

Pluton (PLU): The Plutus Token

Pluton (PLU) is the native token of Plutus. It can be earned through the cashback system and can be used to obtain discounts and access to additional perks on the Plutus platform through staking.

The price of PLU has had a fairly good performance, even when compared to major cryptocurrencies such as Bitcoin or Ethereum. Perhaps it is due to the multiple advantages they offer for keeping PLU tokens within the platform.

Plutus Visa Card

The Plutus Visa Card allows users to make purchases anywhere that accepts Visa. Users can load their Plutus Visa Card with FIAT money and spend it at any store, receiving a portion back in the form of PLU, the platform's token.

Once you register with Plutus, you must request the physical card, which is free in all subscription plans (including the free one). Although it comes with a digital card that you can install on payment apps like Google Pay or Apple Pay, you will not be able to activate it until the physical card arrives at your address. So it is advisable to request it as soon as possible if you want to enjoy all the benefits of Plutus.

Plutus has two deposits: one for the bank account you create with them and another for the VISA card. If you want to spend FIAT money, you will have to top up your bank account through a transfer and transfer the funds to the card.

In addition to its functionality, the Plutus Visa Card also offers significant advantages. You can enjoy a 3% cashback in cryptocurrencies for all your purchases. This means that, in addition to spending cryptocurrencies, you can also accumulate more digital assets simply by using your Plutus card.

We will explain how later on.

Decentralized DEX Exchange

Plutus also has its own decentralized exchange, where users can securely and without intermediaries exchange PLU and other cryptocurrencies.

Therefore, in Plutus you can also pay with cryptocurrencies. You can connect the Plutus app to a decentralized wallet through MetaMask, exchange your cryptocurrencies for FIAT money, and pay with them. All in the same app.

Perks

Plutus also offers a series of additional benefits, known as Perks. The Perks are agreements with different merchants. If you pay at these stores with the Plutus card, you will benefit from monthly discounts of about 10-15€ that will be returned to you in cryptocurrencies, plus cashback on the rest of the payment.

What makes Perks attractive is that they include well-known companies such as Netflix, Disney+, Lidl or Mercadona. For example, if you pay your Netflix subscription with the Plutus card, you will receive the full amount of the subscription in PLU tokens in your Plutus account. If you make a purchase of 50€ at Mercadona, you will receive a cashback of 10€ in PLU plus 3% of the remaining 40€ (1.20€).

Every month, you have to choose the perks you want for the following month in the app. Among them are the following:

Netflix, Spotify, Apple One, Disney+, Amazon Prime, Apple Credit, ASOS, eBay, Deliveroo Plus, Uber Eats, Just Eat, Starbucks, Uber, Shell, Booking.com, Airbnb, Aldi, Sainsbury, Lidl, Tesco, Steam, Albert Heijn, Xbox Games Store, Amazon, Burger King, McDonald's, KFC, IKEA, Carrefour, Rewe, Mercadona, YouTube, Pingo Doce, PlayStation Store, Curve, Edeka, and ASDA.

The number of monthly perks depends on your subscription and the number of PLU tokens you have in staking.

• Depending on the subscription, you can have 1 perk with the free subscription, 2 perks with the 4.99€/month subscription, or 3 perks with the 14.99€/month subscription.
• With staking, you can increase your perks from 4 with 250 PLU to 8 perks with 2000 PLU staked.

Cashback

Plutus offers a cashback system where users can earn from 3% to 8% Pluton cashback on all purchases made with the Plutus card.

Total savings through cashback depend on two factors: the cashback percentage, which depends on the number of PLU staked, and the cashback spending limit on the card, which depends on the subscription.

• With the subscription, you will have a 3% cashback on up to €250/month spent with the free subscription, up to €2,000/month with the €4.99/month subscription, and up to €22,500/month with the €14.99/month subscription.

If you stake PLU, the cashback will increase from 4% with 250 staked PLU to 8% with 2,000 staked PLU.

PRO Subscription Plans

Plutus offers three tiers in its PRO subscription. They determine the number of Perks, the cashback limit, and the commission for trading cryptocurrencies on their DEX.

• Starter Subscription: Free. 3% Cashback on up to €250 spent. 1 Perk worth €10 (€11 if it's Netflix, €15 if it's Apple One). Total possible return: €22.50/month.
• Everyday Subscription: €4.99/month. 3% Cashback on up to €2000 spent. 1 Perk worth €10 (€11 if it's Netflix, €15 if it's Apple One). Total possible return: €81.00/month.
• Premium Subscription: €14.99/month. 3% Cashback on up to €22500 spent. 1 Perk worth €10 (€11 if it's Netflix, €15 if it's Apple One). Total possible return: €696.00/month.

How Plutus Works: Strategy for Maximizing Performance

Although it may seem confusing, it is very easy to get free cryptocurrencies with Plutus. You just have to follow these tips:

• First, register through this link. You will receive $10 when you make your first deposit, so you won't start from scratch.
• At the beginning, when you don't have PLU in staking, savings are through perks: You can get them refunded in cryptocurrencies. Therefore, set up any perks you have subscribed to, like Netflix, Spotify, or Disney+, or where you usually make purchases, like Mercadona or Lidl. If you don't usually use these services or shops, you will have to get PLU through cashbacks. It's slower, but not impossible.
• Start with the free Starter subscription. Test the card and if you like how it works, then consider subscribing to a plan. We only recommend starting with the Everyday subscription if you already have at least 2 perks from the list (for example, if you already pay for Spotify and Netflix). This way, you would pay €4.99 per month, but you would receive back around €20-25 in cryptocurrencies (plus the cashback you earn each month).
• Use the Plutus card combined with Curve to take full advantage of the cashback. This is the trick that will really help you save with Plutus. We'll explain how to do it below.
• In the first few months, you will need to accumulate PLU. The goal is to reach level 2 of staking. As you can see in the following table, with the Starter level, you can earn up to €22.50 per month, so it will take some time to reach the 250 PLU required for the Hero level. If you subscribe to the Everyday subscription, you will accelerate considerably, as you can save up to €81 per month in cryptocurrencies. In a few months, you will be able to reach 250 PLU.
• At the Hero level, the savings start to become quite interesting, even for the free subscription. Once here, you must consider whether it's worth staying at this level or if you are interested in moving up. It all depends on the expenses you usually make monthly with the card and the perks you usually use in your daily life. We have the Everyday subscription and we are at the Veteran staking tier with 500 locked PLU. At the moment, we are not interested in continuing to move up, so we are selling all the PLU tokens we earn monthly on the Plutus DEX (between €100-130 each month, because we usually don't reach the cashback limit).
• To reach the maximum reward in the Premium Subscription, you have to reach the spending limit, which is very high, €22,500. Therefore, we usually recommend this plan only in exceptional cases, where the user has a lot of card expenses.

The rewards you can earn with the Plutus card at each staking tier and with each subscribed plan are as follows:

Using Plutus with the Curve card (Hack)

Using Plutus for payments to earn cashback can be tedious: you have to make sure the card always has a balance and it takes a couple of days to reload it. But it's very simple if you use Curve.

Curve is a payment card that allows you to consolidate multiple payment cards into one through its mobile application, allowing users to make payments and withdrawals at ATMs using just one card. It also has multiple advantages depending on the plan you choose (they also have a free plan) such as free currency exchange, free travel or mobile insurance, or cashback at various establishments. But the one that interests us the most is the one they call "Go Back in Time".

This feature allows you to change the card used for a payment from 30 days after it was made with the free version, up to 120 days with the premium version.

The strategy is as follows:

• Request the Curve card (the free version is sufficient). If you sign up through this link, you can get up to €10 cashback on your first transaction.
• Link your regular credit card by default and then your Plutus card.
• Make your usual purchases but pay with Curve.
• Once a month, check your expenses made with the Curve card, transfer balance to Plutus, and once it's available, change all payments from your regular card to Plutus until you reach the cashback limit.

By following this strategy, which only takes a few minutes each month, you can earn a cashback in cryptocurrencies equivalent to more than €100 per month (over €1000 per year) in a very simple way.

Remember, if you sign up through the following link, you can get 10$ worth of PLU for free when you make your first deposit on Plutus.