Plutus introduces 20 new perks and upto 8% cashback
London-based fintech Plutus is attempting to capitalize on Crypto.com’s recent failings with a slew of app updates, including 8% card cashback and partnerships with more than 20 popular brands in the UK and EU, making it one of the most attractive crypto-linked debit cards.
In the wake of Crypto.com’s failings, it appears Plutus has completely overhauled its business model to attract new users. They offer three flexible subscription plans — Starter at no cost, every day at €4.99, Premium at €14.99 — and four staking levels: Hero, Veteran, Legend, and GOAT — Greatest Of All Time. The Visa debit card partner has also increased its crypto reward cashback rates from 3% to 8% for those who stake its native crypto token, Pluton (PLU).
The new model intends to help Plutus achieve its projected 600,000 cardholders by the end of 2023. As mentioned, timely and aggressive marketing is enabling Plutus to…