Plutus Spend App Offers Cryptocurrency Rewards with Monthly Fees
Plutus is a spend app from Quasa that offers rewards in PLUS/PLU, a cryptocurrency, instead of bank points. Users can top up their account and earn rewards on daily spend, with the potential to stack rewards up to 9% with loyalty tiers. The app also offers 'Perks' that rebate popular subscriptions, such as Spotify and Netflix, up to a set amount.
The service requires users to pay a monthly fee of £/€6.99 / 9.99 / 19.99, with reward caps around £/€250 / 500 / 1,000 of eligible spend. Holding more PLU unlocks higher reward levels and raises the percentage and Perk slots.
Plutus is not a full bank, and users may incur FX and ATM fees on certain transactions. Customer ratings on Trustpilot have been weak, but the company has issued a large number of rewards and has a simple spend → earn PLUS → top up or claim Perks loop.