Plasma One Card vs Kolo Card
On real usage, Plasma One Card leads: $30.2M was spent with it in October 2026, against $20.5M for the other card. On our computed rating, Plasma One Card scores higher (6.1 vs 3.8 out of 10). The full side-by-side facts are below, taken from each card's directory profile.
| Fact | Plasma One Card | Kolo Card |
|---|---|---|
| Our rating | 6.1 / 10 (provisional) | 3.8 / 10 (provisional) |
| Network | Visa | Visa |
| Model | Self-custody | Prepaid |
| Card formats | Virtual · Physical | Virtual |
| Availability | Provider does not publish a specific country list on the reviewed page. | Virtual cards only; a plastic card is planned for 2027 per the review report. Country eligibility is confirmed in the app at sign-up. |
| Rewards | XPL cashback: 2% on Lite (first $500/month, then 0.1%), 3% on Premium (first $1,000/month, then 2% on the next $1,000, 1% on the next $1,000, 0.25% after), 4% on Platinum (first $3,000/month). Premium's AI benefit is a $200 per year AI spend credit, allocated monthly across an expanded list of AI providers; it replaced the old Core AI cashback bands and ChatGPT Go rebate on 11 November 2026. Premium also adds local merchant rewards in Dubai, London and New York. | Standard cashback: 2% for the first 30 days, then 1%, capped at $2 per purchase in the first 30 days and $1 per purchase after, with a $100/month overall cap. Invite promo: 5% back in BTC for the first 2 months on the EUR card. |
| Pricing | Lite tier free; Premium (formerly Core) $600 per year or 20,000 XPL lock (about $1,050 at November 2026 prices); Platinum requires 100,000 XPL lock (promotional, rising to 150,000 XPL after). FX: 0% on the first $3,000 of monthly card spend on Premium (Core previously charged 0.5% plus about 1% Visa network FX), 0% on Platinum, 1% markup on Lite plus a Visa network FX fee of about 1%. Bank withdrawals: 0.75% to 1% on Lite, 0.25% to 0.35% on Premium. Existing Core members keep their current benefits until their term ends, then renew at the Premium price with at least 30 days notice. | Card free: a $10 deposit is required to issue and is returned as spendable balance. 1% fee on every card payment (conversion). EUR card FX up to 1.35% on non-EUR purchases. SEPA payout EUR 1. Default spend cap $9,000/month. |
| Funding | Spends self-custodied stablecoins through the Plasma card program, issued via Rain infrastructure. Direct ETH and HYPE deposits and spending were added on October 28, 2026. Stablecoin balances can earn yield through DeFi protocols within the Plasma ecosystem. Crypto deposits carry a Plasma fee of 0.15% to 0.75% on every tier, plus network and bridge fees; a swap fee applies to USDC deposits, while USDT deposits skip the swap fee. | Fund the Kolo wallet, then issue a USD virtual Visa Platinum (via Rain) or a EUR virtual Visa Platinum (via Wirex). SEPA payouts cost EUR 1. There is no personal IBAN for receiving EUR. |
| Spent in October 2026 | $30.2M · #6 of 28 tracked · Onchain | $20.5M · #7 of 28 tracked · Onchain |
| Facts checked | 2026-11-12 | 2026-10-21 |
| Cashback used in our math | 2%, cap $500/month | 2%, cap $100/month |
Plasma One Card
High-spending stablecoin users who can justify a paid tier or XPL lock for up to 4% cashback.
Kolo Card
Users who want a free virtual USD or EUR Visa Platinum card with cashback and can work within a $9,000 monthly default spend cap.
Questions about this pair
Which is used more, Plasma One Card or Kolo Card?+
In October 2026, $30.2M was spent with Plasma One Card and $20.5M with Kolo Card, across the programs tracked by PaymentScan and republished by Castle Labs. Plasma One Card is the more used of the two on that measure. Both figures are settled payments, not top-ups.
Which pays better cashback, Plasma One Card or Kolo Card?+
On the published terms in this directory, Plasma One Card lists: XPL cashback: 2% on Lite (first $500/month, then 0.1%), 3% on Premium (first $1,000/month, then 2% on the next $1,000, 1% on the next $1,000, 0.25% after), 4% on Platinum (first $3,000/month). Premium's AI benefit is a $200 per year AI spend credit, allocated monthly across an expanded list of AI providers; it replaced the old Core AI cashback bands and ChatGPT Go rebate on 11 November 2026. Premium also adds local merchant rewards in Dubai, London and New York. Kolo Card lists: Standard cashback: 2% for the first 30 days, then 1%, capped at $2 per purchase in the first 30 days and $1 per purchase after, with a $100/month overall cap. Invite promo: 5% back in BTC for the first 2 months on the EUR card. Headline rates come with caps, tiers and conditions, so check the worked examples on each profile before deciding.
How do the fees compare between Plasma One Card and Kolo Card?+
Plasma One Card: Lite tier free; Premium (formerly Core) $600 per year or 20,000 XPL lock (about $1,050 at November 2026 prices); Platinum requires 100,000 XPL lock (promotional, rising to 150,000 XPL after). FX: 0% on the first $3,000 of monthly card spend on Premium (Core previously charged 0.5% plus about 1% Visa network FX), 0% on Platinum, 1% markup on Lite plus a Visa network FX fee of about 1%. Bank withdrawals: 0.75% to 1% on Lite, 0.25% to 0.35% on Premium. Existing Core members keep their current benefits until their term ends, then renew at the Premium price with at least 30 days notice. Kolo Card: Card free: a $10 deposit is required to issue and is returned as spendable balance. 1% fee on every card payment (conversion). EUR card FX up to 1.35% on non-EUR purchases. SEPA payout EUR 1. Default spend cap $9,000/month. Provider fees and regional terms change, so confirm on the official fee pages linked from each profile.
More comparisons
Spend figures are settled payments tracked by PaymentScan and republished by Castle Labs for October 2026; see the spend tracker for methodology and caveats. Ratings are computed from structured listing facts by a fixed formula; see how we rate. This comparison is educational content, not a personal recommendation.