Cashback headlines tend to quote the top rate and skip the conditions. Here is what each rate applies to, with worked examples so you can estimate your own numbers.
Published September 29, 2026 · 2 min read
There are three rates. The base rate is 4% on the categories you choose. While a Business card is active on the account, that rises to 7%. One of your chosen categories can be marked as boosted and earns 10% instead of the base or raised rate. So the ceiling is 10%, but only on a single category.
Only purchases in the categories you select in the app, up to five. Everything else you buy with the card earns no cashback. Choosing and changing categories is free and can be done at any time, so you can match them to where you actually spend. If your spending is spread thinly across many kinds of shops, five categories will cover less of it than you might expect.
| Situation | Rate | What to know |
|---|---|---|
| Chosen category, standard account | 4% | Up to five categories; free to change at any time |
| Chosen category, Business card active | 7% | Applies only while the Business card is active |
| One boosted category | 10% | Replaces the base or raised rate; does not stack |
| Any category you did not choose | No cashback | Spending is not rewarded outside your selection |
The rate is applied to the purchase amount in a chosen category. Take $200 spent in one category. At the base rate of 4% that is $8. With a Business card active at 7% it is $14. In a boosted category at 10% it is $20. Because the boosted rate is instead of the base or raised rate, a Business card does not add anything on top of it.
Only if enough of your spending falls in chosen, non-boosted categories. The Business card costs 25 USDT to issue and lifts those categories from 4% to 7%, a difference of 3 percentage points. On that arithmetic, about 834 USDT of spending in such categories would earn back the issue cost. If most of your spending is in the boosted category, the Business rate changes nothing there, since it already earns 10%. Nexus Pay also lists higher limits for the Business card, which may matter more than the rate for some people.
Cashback is paid automatically to the USDT balance. There is nothing to claim and no approval step. The product facts do not state an exact payout schedule, so check the app for how it appears in your balance. Once it is in USDT, you can swap it to another supported coin inside the wallet at 0% with no markup on the rate.
First, the rates are current programme terms and may change, so confirm them in the app before you plan around them. Second, weigh cashback against the card's costs: no monthly fee, 0% on purchases, 0.1% to move money from the wallet to the card, and 0.25% per ATM withdrawal plus any fee the ATM owner adds. Cash withdrawals are not a purchase in a category, so do not assume they earn cashback. Third, the card spends only your available balance, with no credit or overdraft.
Opening…