Calculating Your PLU Reward Amount
This is the formula for the calculation:
Fiat Amount x Reward % / PLU value
- Fiat amount: The value of the transaction, representing the amount you paid.
- Reward %: The reward rate associated with your account at the time of the reward being generated.
- PLU value: Starting 20th February 2025, PLU earned through card spending will also align with in-app redemption rates, anchored at a minimum £/€10 through utilities with no upper limit.
To illustrate this with an example: Phil has a Veteran Reward Level with a 5% reward rate. He makes a purchase of 25.00 GBP. His PLU reward is calculated as: 25.00 x 5% / 10.00 = 0.125 PLU.
For further information on the minimum £/€ Emissions Anchor, redemption details, and utility data, including matching the rates on PlutusSwap in Q2, see here.