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Rated 1 out of 5 stars

Possibly the biggest joke of a company in history. Please do some research before even considering going anywhere near them. They lie, change terms with no notice, backdate rules. They also cen... See more

Rated 1 out of 5 stars

Impossible to get your money out and dishonest way they treat customers. Not FSCS approved so your money is at risk, EMIs like Modulr are not safe so your fiat / £GBP is at risk. Terrible way they... See more

Rated 5 out of 5 stars

I have been an og member of the plutus shop for many years. Rising through the ranks I have attained a great status. I have gone to many of the plutus club get together and have met the highest member... See more

Company replied

Rated 1 out of 5 stars

As a customer for several years It was really good at first. You earned PLU on every purchase, and if you wanted to progress your reward level a bit faster you could even buy some extra PLU directly i... See more

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Company details

  1. Cryptocurrency Service
  2. Alternative Financial Service

Written by the company

Plutus is a cutting-edge finance app that lets you manage/convert/spend both crypto and fiat from the same banking-like dashboard.


Contact info

You should know

1.8

Poor

TrustScore 2 out of 5

2K reviews

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Replied to 74% of negative reviews

Typically replies within 1 month


Rated 1 out of 5 stars

I have had a terrible experience with…

I have had a terrible experience with them. I used them from the start and now they have made it impossible for me to take out my money. Lost so much already.

Right from the inception till now i have never experienced any kind of problem dealing with Coventry Securities . I will just stay glue to them forever .

September 4, 2025
Unprompted review
Rated 1 out of 5 stars

SCAM

Plutus is a Ponzi scheme. Stay away from this scam project. They are always changing their policy, and the cashback is worth nothing.

September 21, 2025
Unprompted review
Rated 1 out of 5 stars

It's just a scam

I deposited too much money into my plutus account. I then found out that, they have changed the policy on transferring money out of your plutus account. You can't do it anymore, you can't even send it to a friend on PayPal. The only way you can do it, is if you close your account. This was a big problem as I have bills to pay. I had to close my account and loose all my plus.

This wasn't the only reason for cancelling, they had once again changed the arrangement, we had been moved from earning plu to plus recently. But now they had new features you could only access if you moved up to a new stacking level. Obviously this gets more expensive the higher you are already stacked. In my case I had to buy a few thousand plu. Whereas newbies only had to stack 1 plu. Plu has done nothing but decline in value, so why would I buy more? It also looked like they'd given up on plu and we're offloading it in favour of the new plus.

To top it all, in all of plutus's official forums, telegram, discord etc.. it's a instant ban if you talk about the decline in plu value. Which is hilarious as it's a key point to the business. I was banned on X for 2 posts. One was telling them I wasn't happy about a large scale outage on purchases for the 2nd time and the other was agreeing that they were fleecing long term supporters with the new business budget benefiting new customers only.

They're clearly getting a lot of bad pressure and are trying to block people from having a voice. There latest attempt is to get customers to write good comments about then for rewards which maybe illegal?

The final one was, I had a refund that went back into my plutus card after it had been closed for a few weeks. They never got in touch with me, I had to request it and it took them week over a month to sort out. This was after my nagging them a lot.

June 2, 2025
Unprompted review
Rated 1 out of 5 stars

Used plutus from the beginning

Used plutus from the beginning. Was paying for the sub for the cashback. They dont assist or care about you and plu is pointless because in the end you will feel like an idiot of losing everything. I havent been using plutus for a year now and its the best choice i did. Even revolut has better perks. The company is also dodgy and they keep changing their terms. Do your own research before you sign up with them

December 20, 2024
Unprompted review
Rated 3 out of 5 stars

Plutus

Plutus were charging me randomly, if this happens just request to close your account as I did, no troubles with this.

September 14, 2025
Unprompted review
Rated 1 out of 5 stars

The whole sign up process seems flawed…

The whole sign up process seems flawed - once you've entered details, it forces you to enter card details for their paid plan (+ trial) no skip. Once that's done, it gets stuck on "Subscription in Progress", even if app restarted. Good luck getting new customers. I'm out.

September 13, 2025
Unprompted review
Rated 5 out of 5 stars

Exciting innovative product with great…

Exciting innovative product with great perks for Plutus cardholders. Roadmap for the product has been well communicated and expectations managed. Product is now mature and ready to be rolled out to other countries; including US.

September 11, 2025
Unprompted review
Rated 1 out of 5 stars

Used to be good. Not anymore.

As a customer for several years It was really good at first. You earned PLU on every purchase, and if you wanted to progress your reward level a bit faster you could even buy some extra PLU directly in the app. Plans were easy, rewards made sense. After several years of both earning and buying additional PLU (Never made a withdrawal, as I saved for a rainy day). Too many changes and the price started plummeting. All the PLU I had accumulated and bought over several years was now basically worthless and I was thousands in the red, despite high % cashback and Perks & Metal Benefits. Plutus in it's current form is not good. There are much better options out there. I'll eat my loss.

July 1, 2025
Unprompted review
Rated 1 out of 5 stars

Used to be a good project...loooong time ago, not anymore

Used to be a good project...loooong time ago, not anymore.
Maybe it was just a company with good ideas that happened to be impossible to apply in real life.
I wouldn't say it was on purpose, but this project turned into something closer to a Ponzi scheme rather than a healthy ecosystem.
-The company is changing the policies and goals each two weeks.
-They started blocking access to user's funds (crypto and fiat!) unless you pay the monthly plan (that is increasing its price over and over).
-They can ban you from discord or even cancel your account just if you tell the truth to them.
-CEO is a passive-aggressive (insert your insults here) that spends his time trashtalking and laugthing over its own clients on social networks.
-Cashback always pending, never arrived. PLUS value meant to be 10€, reality is 0€.

I was happy using Plutus back in 2022, but not anymore. Right now I am just happy my balance is 0.00, at least they can't ransom me anymore.

September 1, 2025
Unprompted review
Rated 1 out of 5 stars

Possibly the biggest joke of a company…

Possibly the biggest joke of a company in history. Please do some research before even considering going anywhere near them.

They lie, change terms with no notice, backdate rules. They also censor anyone who dares question what they are doing. Try and find one of their official forums where you can speak freely... there aren't any, it's like North Korea.

To top it off, the guy who runs it can't handle the fact that he's useless and blames everyone but himself for how terrible the business is. He's a laughing stock to everyone but himself and his team of weirdo minions.

Seriously though, avoid Plutus like the plague, you won't regret it

August 27, 2025
Unprompted review
Rated 1 out of 5 stars

They continue to take recurring payment AFTER cancellation!

I cancelled this five months ago, but they’re still taking a monthly payment! Despite me writing to them on their chat EVERY. SINGLE. MONTH. to get a refund and someone telling me it’s definitely been cancelled ‘don’t worry’. I wait a month, then check and, of course, they’ve just taken ANOTHER payment! They’re lying, not cancelling and hoping you don’t notice - AVOID!

August 16, 2025
Unprompted review

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