Jan Watermann

speaker

2,178 appearances 14 recordings 1 series first heard May 2026 last heard 12 Aug

Jan Watermann’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 14 in all, peaking in Jul 2026 with 6.

Appearances

newest first · ▶ plays the moment

Banking Without Borders · Up to 10% Cashback – The Craziest Cards You've Never Heard Of · 6 Aug 2026 podcast

So the conditions that are tied to the top tier, that's tier six in Descartes, is that you need to spend at least $25,500 per month with Descartes or be a Bybit Supreme VIP member.

To become a Bybit Supreme VIP member, you need to...

at least handle $100 million of spot trading or $500 million of derivatives trading within 30 days on their platform.

Half a billion dollars in derivatives trading in order to qualify for this tier, which is, by the way, also comes with a cashback that's capped at 600 USDT per month.

So the maximum amount you can earn is... No, it's not unlimited.

So in order to get these...

Basically, you can earn 10% and up to 6,000 US dollars in spending.

Oh, wow.

So imagine spending these $25,500 per month with their card now to qualify for Tier 6, and then you're only being rewarded on $6,000 of these $25,500.

That's fascinating.

Yeah, it kind of is.

Did they forget the zeros?

To be fair, Jonny, to be fair, it's not all terrible.

Tier 1 comes without conditions.

And it pays 2%, which is good on paper still.

2% on paper without conditions.

Hey, why not, right?

But the cashback is capped at 5 USDT per month.

Yeah, cashback rates.

If you handle $500 of spending with that card, you can increase that cashback limit to 50 USDT per month, and the 2% still applies.

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