plutus review

The Plutus plan costs £6.99 each month. That is a subscription rather than a free account, and it sits above the £0 and £0 monthly fees at two of the listed alternatives. Cashback is the main thing paying some of it back.

Currency conversion runs at 2.5% on Plutus. Anyone who spends abroad often or holds more than one currency can add that charge up quickly, which makes a lower fx rate worth checking before applying.

Yes, loading the account carries a Free fiat deposit, so the main cost is the monthly plan and any currency conversion. The account holds 2 currencies, which keeps conversion limited to those balances.

No. Plutus uses self custody, so the crypto stays under the user's own control and the account is built around a self-custody setup. That differs from custodial card and exchange products where an institution holds the balance.

Plutus issues a debit card that runs on the visa network, so it works at ordinary card terminals and in shops. A virtual card is also listed among its features, which helps with online payments that need a card number.

Plutus pays cashback of 3% to 9%, credited in crypto rather than as cash. The rate depends on the plan, so the value of the reward moves with the coin and the tier chosen.

Support comes through help centre, email and community, so help is available in a help centre, by email and through the community. Anyone who prefers to phone a support line will not find one listed here.

The account is run by Block Code Ltd (trading as Plutus); Block Code LT UAB, a UK company, with the service also operating through GB and 2015 as its base. It has been trading since 2015 under the Plutus name.