XPlace Card Gold
A plan byXPlace Card · Visa (Rain)
XPlace is a self-custody Visa card with a borrow-to-spend model: you deposit SOL, ETH, BTC or USDT as collateral on Kamino Finance (Solana) to open a USDC credit line to spend, earning a variable yield in the meantime. It is a live product (no longer beta). Cashback and FX depend on the plan: Basic free (1% cashback, 1% FX), Silver $99/year (2%, 0.5%), Gold $249/year (3%, 0.25%), Platinum $999/year (4%, 0%). Mind the DeFi liquidation risk; TGE expected in Q4 2026.
Gold
- Price
- Free
- Annual price
- €249
- Issuance fee
- Free
- FX markup
- 0.25%
- Cashback
- 3%
- Cashback currency
- USDC
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- Not disclosed
- Net annual cost
- €249
What's included
- $249/year
- 3% cashback in USDC
- 0.25% FX
The clause
That 4% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa (Rain) |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | €249/year |
| Free ATM limit | Not disclosed |
| ATM withdrawal | Free |
| FX markup | 0.25% |
| Cashback | 3% in USDC · Nessuno |
| Chains | Solana |
| On-chain settlement | Yes |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 6/10 |
| Supported countries | US, EEA, APAC, LATAM, MENA · 160+ countries |
| Estimated net annual cost | €0/year |
| Regulator | UAE law (platform); Central Bank of Bahrain (card issuer) |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | Not directly licensed; card issued by Rain (Signify Holdings, Inc.) |
Strengths
- Borrow-to-spend: deposit SOL/ETH/BTC/USDT, earn yield, spend USDC; Visa; up to 4% cashback.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- DeFi liquidation risk (Kamino collateral); higher tiers cost up to $999/year; TGE not yet held (Q4 2026).
- Full KYC required: verified identity, zero pseudonymity.
Verdict
The cautious rating reflects the model's risks more than the product's status (now live, no longer beta): borrow-to-spend carries the liquidation risk typical of DeFi (Kamino collateral), the TGE is expected in Q4 2026 and regulation is not clearly declared. USDC cashback ranges from 1% (free Basic) to 4% (Platinum, $999/year) and FX from 1% to 0% depending on the plan, but self-custody and leveraged exposure load significant responsibility onto the user.
On the sovereignty side XPlace is ambitious: a self-custody card with on-chain settlement on Solana, a borrow-to-spend model where you deposit SOL or wETH to earn yield and spend in USDC, with coverage in 160 countries. The beta status and liquidation risk must be weighed, but control of the funds and native DeFi logic speak to the crypto lens; full KYC remains the privacy constraint.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is XPlace Card a safe card?
XPlace Card is a self-custody card on the Visa (Rain) network. As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is self-custody.
How much does XPlace Card cost?
The Basic plan is free (1% FX); paid plans reduce FX: Silver $99/year (0.5%), Gold $249/year (0.25%), Platinum $999/year (0%).
Does XPlace Card offer cashback?
Yes, in USDC and by plan: 1% Basic (free), 2% Silver, 3% Gold, 4% Platinum.
Is XPlace Card available in Italy?
Yes, XPlace Card is available in Italy.
Is XPlace Card custodial or self-custody?
XPlace Card uses a self-custody model. Funds stay in your wallet and you keep control of your private keys; the card debits at the moment of spending.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jun 13, 2026
- spendnode.io Cashback.valuta reward · Cashback.staking richiesto · ATM fees · Blockchain · +3 Data verified on Jul 10, 2026
- docs.x.place License type · License country · Regulator · Legal name · +3 Data verified on Jun 14, 2026
- kkinvesting.io Third-party audit Data verified on Jun 14, 2026
Show 1 more source
- xplace.com Data verified on Jun 1, 2026