Announcement | Plutus Card to Launch In United States
Plutus will be launching its services in the United States!
In Q1 2023, United States (U.S.) residents will receive access to the Plutus App and Card, enabling them to spend USD at over 100+ million merchants and earn crypto rewards in the process.
U.S. customers will enjoy the same 3–8% crypto reward rates as United Kingdom (UK) and European Economic Area (EEA) customers, but with an updated set of Perks that are more US-centric.
The Plutus Card will be issued by Prepaid Ventures (PPV), one of the leading processors of prepaid debit card solutions in the United States.
Danial Daychopan, CEO & Founder at Plutus:
“This is a major milestone. Soon, a population of 330m will be able to earn crypto simply for living their lives to the fullest! We know there is a huge demand for our services and we have full intentions to become the most rewarding debit card in the U.S. neo-banking sector.”
More details will be revealed in due course. Join our waitlist to receive first access to the app and card.
Alternatively, if you are a UK/EEA resident, you can order a card here >
What is Plutus?
Plutus is an industry-leading crypto rewards card, founded in 2015. It allows users to earn up to 8% in crypto rewards on every single debit card purchase, and access 20+ in-demand Perks (including up to 100% back on Netflix, Spotify, and Prime).
An accompanying bank-like app allows users to view their rewards; manage fiat and crypto (via a non-custodial wallet), and swap assets via a built-in Decentralised Exchange (DEX).
For more information, visit our beginner’s guide >
Why the United States?
The United States is the largest crypto market in the world, with nearly 75m neo-banking users and around 50m crypto owners — 11x larger than the UK.
Plutus is in a position stronger than ever to expand internationally and, after extensive market research, it is evident that there is a high demand for crypto reward cards such as Plutus in this region.
Will Plutus launch anywhere else?
Yes, we intend to become a brand recognised worldwide. For now, our focus is placed on the U.S., however, following a successful launch we will be exploring LatAm, UAE, and Asia.
What features will U.S. customers get?
Plutus is currently developing more advanced bank-like features under a new partnership that is yet to be disclosed publicly. For more details on the upcoming upgrade to the Plutus App and Card, visit our roadmap.
Will the DEX be available for U.S. residents?
The PlutusDEX’s availability will be subject to state laws. Plutus is currently obtaining the necessary licensing to operate the DEX component of its services in as many states as possible.
What Perks will U.S. customers get?
The full list of Perks will be revealed closer to the release date and it will include all the major brands in high demand from our U.S. customers. If you have any suggestions, then tweet @plutus.
Will I be able to sign up for the U.S. service from outside of the U.S?
No, only U.S. residents can sign up and access the U.S. version of the app.
What fiat currencies will be supported?
Customers can only spend their local currency — USD for U.S. customers, GBP for UK customers, and EUR for EEA customers.