June 14, 2025— Coinbase, a leading cryptocurrency exchange, has announced the upcoming launch of the Coinbase One Card, a premium credit card designed exclusively for Coinbase One members. Set to debut in fall 2025, this card, offered in partnership with American Express, promises to blend the power of cryptocurrency with everyday spending, offering up to 4% bitcoin back on eligible purchases. Here's a detailed look at the card's features and benefits.
ALSO READ | U.S. Government Defends IRS Access to Coinbase User’s Crypto Records in Supreme Court Battle
A Card for Crypto Enthusiasts
The Coinbase One Card is crafted from stainless steel, weighs 17 grams, and operates on the American Express network. It aims to honor the legacy of Bitcoin’s Genesis Block, symbolizing a new era of financial freedom. The card is exclusively available to Coinbase One members, requiring an active, paid membership starting at $49.99 per year for the Basic annual plan. If a membership lapses or is canceled, the card account may be closed.
Key Features and Rewards
Firstly, cardholders can earn up to 4% bitcoin back on every eligible purchase, with reward rates tied to the assets held on Coinbase. However, not all transactions qualify, such as cash equivalents or gambling-related purchases, and Coinbase reserves the right to deny or restrict rewards. Secondly, the card eliminates foreign transaction fees, making it ideal for global use, and balances can be repaid using a linked bank account or crypto held on Coinbase.
Thirdly, cardholders gain access to exclusive Amex perks, including retail protection, extended warranty, return protection, Amex Offers, Amex Experiences™, car rental loss and damage coverage, trip cancellation/interruption insurance, lost luggage insurance, roadside assistance, and emergency assistance. These benefits are subject to terms and conditions.
Coinbase One Membership Benefits
The Coinbase One Card is deeply integrated with the Coinbase One subscription, which enhances the overall crypto experience. Firstly, members enjoy zero trading fees on up to $500 per month in trades, though a spread still applies. Secondly, members earn boosted USDC rewards, with 4.5% APY on the first $10,000 of USDC, then 4.1% thereafter.
Thirdly, members receive increased staking rewards on eligible assets like Ethereum (ETH) and Solana (SOL), with rates subject to change. Fourthly, members get transaction credits on Base, receiving $10 monthly credits, up to $120 annually, for sponsored smart wallet gas on Coinbase’s Base network.
Did you know?
Coinbase, founded in 2012, was one of the first platforms to make buying Bitcoin as easy as shopping online? By simplifying crypto trading for millions, it’s grown into a publicly traded company (NASDAQ: COIN) with over 100 million verified users worldwide, paving the way for innovations like the Coinbase One Card, launching fall 2025.
Eligibility and Considerations
The Coinbase One Card is available only in the United States, excluding U.S. territories, and is subject to creditworthiness and other eligibility criteria. Issued by First Electronic Bank and powered by Cardless, Inc., the card requires no staking of assets or credit checks for eligibility, aligning with Coinbase’s user-friendly approach.
However, users should note that bitcoin rewards can fluctuate in value, and the Rewards Program Terms & Conditions are subject to change. Membership benefits may vary by region and can be modified or removed without notice. Additionally, Coinbase includes a spread in cryptocurrency transactions, which impacts the effective cost of trades.
Commitment To Build A Decentralized Economy
Coinbase positions the card as a tool to “earn rewards with the power to grow,” encouraging users to maximize their crypto holdings. The company emphasizes its commitment to building on Satoshi Nakamoto’s vision of a decentralized economy, with the card serving as a bridge between traditional finance and the cryptoeconomy.
For those interested, early access sign-ups are available through Coinbase’s website. More details will be shared closer to the launch date in fall 2025. As Coinbase continues to innovate, the Coinbase One Card is poised to redefine how crypto enthusiasts engage with their assets in everyday life.
Disclaimer: The Coinbase One Card and its benefits are subject to terms, conditions, and exclusions. Membership benefits may vary by region. Coinbase offers Bitcoin rewards, which may experience a decline in value. Always consult the Coinbase User Agreement and Rewards Program Terms for full details.
MoneyOval does not issue or manage the Coinbase One Card and is not responsible for its terms, rewards, or regional availability. This information is provided solely for editorial and informational purposes.
Comments (0)
Please sign in to leave a comment
No comments yet. Be the first to share your thoughts!