- some projects pay cashback in stables
- some in their own token
- some let you choose
compared cashback on 20 onchain neobanks
KAST added GBP accounts with Faster Payments support
KAST users can now get personal GBP bank details, in addition to USD and EUR
But there's one thing to keep in mind: KAST cards are still USD-based, so all incoming GBP deposits are converted to USD
Here's what we know about GBP accounts:
- personal UK bank details: sort code and account number
- Faster Payments: receive GBP transfers from UK banks
- availability: all users in the UK and EU. In other countries, only Premium and Private users
- deposit fee: fixed $2
- additional FX fee: none
- speed: transfers can arrive in seconds
- KYC: required, but users who already have a USD account usually don't need to go through full verification again
It's still unclear whether third-party transfers are supported, but this is already a useful update for UK users
Is KAST preparing something bigger, or is this just another way to deposit GBP? I think we'll find out soon
I still hope KAST will eventually add separate EUR and GBP balances, so users can spend in Europe and the UK without converting to USD or paying extra FX fees
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Top 10 purchases in October with EtherFi Cash and Plasma One
10 transactions. Almost $2.5 million
Incredible numbers
EtherFi Cash is preparing to support card spending in Swiss francs
After EURC, another stablecoin could become available for direct card spending with EtherFi Cash: ZCHF, a stablecoin pegged to the Swiss franc (CHF)
ZCHF is already integrated into EtherFi Cash:
- users can deposit ZCHF via Optimism
- ZCHF swaps are available
- users can hold ZCHF in their accounts
- ZCHF is supported as collateral for borrowing
- ZCHF is already listed in Summer Lend on Optimism
There are also references to CHF bank transfers, but I don't have CHF among the available bank deposit currencies in my app
What's currently in development?
- spending ZCHF directly with the card in Debit Mode
- support for both the old and new EtherFi Cash systems
It's still unclear whether ZCHF will get the same 0% FX fees as EURC when spending in Swiss francs
But I can already see a new direction for EtherFi Cash: spending in multiple currencies
Looks like it's time for EtherFi Cash to grow not only up, but also sideways. A great step forward!
Now let's see how this gets rolled out and whether more currencies will follow
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Are traditional banks joining the cashback race too?
After a recent app update, I noticed that my bank now has a cashback widget right on the home screen
Cashback was available before, but now it's much easier to find. There are currently around 200 cashback offers
While many expect crypto cards to start cutting cashback rewards, my traditional bank is making cashback more visible
Looks like the cashback race is only getting started
Does your bank offer cashback?
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EtherFi Cash launches free airport lounge access
EtherFi has finally launched one of its promised Membership benefits, offering free airport lounge access through Visa Airport Companion
Starting October 20, 2026, the following benefits are available:
- Core: no free visits
- Luxe: 2 visits per year
- Pinnacle: unlimited visits
- VIP: unlimited visits
How does it work?
- users buy an airport lounge pass through the Visa Airport Companion app and pay with their EtherFi Cash card
- EtherFi then refunds 100% of the pass cost as cashback, up to $49 per visit
A few important details:
- Cashback becomes available to claim 7 days after the payment is confirmed
- Maximum 1 free visit per day
- Guest visits are not covered
- Limits reset on January 1 each year
No additional activation is required. Simply link your EtherFi Cash card to Visa Airport Companion and pay for an eligible lounge pass
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KAST brings 50% Uber cashback to Latin America
KAST continues to expand in the region and has launched a new Uber promotion offering up to 50% cashback on rides
The offer is different for Brazil and the rest of LATAM
For LATAM users (excluding Brazil):
- 50% cashback on the first Uber ride paid with a KAST card
- 10% cashback on following rides
- maximum cashback: $10 during the promotion
For users in Brazil:
- 50% cashback on the first ride and 10% on following rides, with a $15 maximum
- users who have already paid for Uber with their KAST card get 10% cashback, with an $8 maximum
The promotion runs from October 19 to November 18, 2026
But this isn't KAST's first move in the region
KAST previously introduced 0% FX fees on card purchases in 16 Latin American currencies, including BRL, MXN, ARS, COP, and PEN. That promotion runs until the end of 2027
Now KAST is adding Uber cashback on top of its 0% FX offer, giving users in Latin America more benefits for everyday spending
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what's happening with crypto card spending volumes?
most projects are in the red over the last 7 days
top gainers:
- BFinance +38.6%
- Ethena Pay +31.6%
- Avalanche Card +16.4%
- Kolo +15.1%
- Hyperbeat +13.6%
which card did you use?
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Wirex One introduces a small fee for USDT deposits
Today I noticed that Wirex One now shows a 0.08% fee when depositing USDT
Updated USDT deposit fees according to the documentation:
- Base: 0.08% fee on USDT deposits
- Premium: up to $10K per month free, 0.08% above that
- Elite: up to $50K per month free, 0.08% above that
- Private and Bespoke: no fees or limits
For now, the fee only applies to USDT deposits. I'm not sure if it will be introduced for other stablecoins in the future
Free deposit limits reset every calendar month
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Another EtherFi Cash user unlocked Pinnacle with 150,000 ETHFI
This user bought an additional 114,042 ETHFI and deposited them into EtherFi Cash
They now hold a total of 150,179 ETHFI, which allowed them to upgrade their membership to Pinnacle and unlock all the benefits of this tier
I'm seeing this happen more and more often
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23 crypto card projects, but just 3 control 75% of spending
In September 2026, users across 23 crypto card projects spent ~$857.7M
Of that, ~$645.8M came from just 3 projects: RedotPay, EtherFi Cash, and KAST
Let's remember how things looked in September 2026
Do you think this will change in 2027?
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EtherFi Cash users have claimed ~1,625,758 ETHFI in cashback
I took a look at the blockchain and put together some stats on ETHFI cashback claimed by EtherFi Cash users
- total claimed: ~1,625,758 ETHFI
- total claim transactions: ~30,862
- average claim: ~52.68 ETHFI
- claim transactions per day: ~1,200
- addresses that have claimed over 1,000 ETHFI: 185
- two largest single claims: 23,114 and 21,162 ETHFI
Many users continue to hold their ETHFI even though they received these tokens as cashback
Have you already claimed your first ETHFI cashback?
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Plasma One shows how to attract users even in countries where its card isn't available
I test a lot of apps, but I've only seen this approach with Plasma One
Instead of simply telling users that the card isn't available, the app shows what other features they can access after verification
What does Plasma One offer if you can't get the card?
- virtual bank account details to receive transfers
- deposit fiat and convert it into crypto
- withdraw funds to bank accounts in supported currencies
- hold stablecoins and earn yield
Plasma One even shows how many virtual accounts and currencies are available in your country right in the app
Other onchain neobanks offer similar features, but not all of them make it so clear that you can still use their app without a card
Some users need a card for everyday purchases, while others just want to receive bank transfers, convert fiat into crypto, or withdraw money to their bank accounts
And you don't need to offer a crypto card to attract this second group of users
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Someone added $1,000,668 to their EtherFi Cash balance
This is already the 6th single top-up of over $1M by EtherFi Cash users in the last 30 days
Looks like someone is getting ready for a big purchase
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Wirex One quietly added Apple Pay top-ups
I'll never stop saying this: the more ways to top up a card, the more types of users a project can attract
Here's what you need to know about Apple Pay top-ups:
- no Wirex fees for local card top-ups
- top-ups are instant
- USD top-ups have a conversion fee because payments are processed in EUR
- your card issuer may charge additional fees
- availability depends on your region
It looks like they may have also added Google Pay top-ups
Here's another interesting thing: could other cards built on Wirex also add this feature?
I think we'll find out soon
Are you using Wirex One?
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These 8 onchain neobanks showed growth in spending volume over the last 7 days
- EtherFi Cash
- Plasma One
- Ethena Pay
- Bleap
- Kolo
- Tuyo
- Hyperbeat
- BFinance
According to PaymentScan & DeFiLlama, users of these projects spent ~$45.26M over the past 7 days
This is no coincidence
Which card did you use?
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EtherFi Cash crossed $1 BILLION in total card spending! 🎉
What a milestone!
Huge congrats to the entire EtherFi team.
On to the next billion!
It’s about to happen👀
Take your guesses when ↓
EtherFi Cash increases ATM limits by 5x and adds payment links
The new ATM withdrawal limits are already live, while payment links are still in development. Here's what we know so far
1. Higher ATM withdrawal limits
- per withdrawal: before $1,000, now $5,000
- per 24 hours: before $5,000, now $25,000
- maximum of 5 withdrawals per 24 hours
The new limits apply to all Membership tiers: Core, Luxe, Pinnacle, and VIP
These are probably the highest ATM withdrawal limits among crypto cards and onchain neobanks
2. Payment Links (In Development)
EtherFi is working on a new way to send money using payment links
- create a link and share it with anyone
- the recipient can claim the funds using the link
- 0% fee when claiming to EtherFi
- 0.3% fee when claiming to an external wallet
- cancel the link and get unclaimed funds back
The feature is still in development, but given how quickly EtherFi Cash releases updates, I think it could go live very soon
What do you think of these updates?
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It’s about to happen👀
Take your guesses when ↓
Plasma One quietly added more crypto deposit options
A few days ago, I wrote that Plasma One had updated its documentation with more supported cryptocurrencies for deposits
The update is now live in the app
Here's the full list of supported assets:
Stablecoins:
- USDT
- USDC
- USDG
- USDe
- PYUSD
- USDS
- EURC
Other cryptocurrencies:
- ETH
- WBTC
- HYPE
- WETH
- cbBTC
- BNB
- OP
- ARB
- POL
- uBTC
- UNI
- AAVE
All deposits are automatically converted to USD and added to your Cash Balance
What do you think of this update?
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