How Coinbase Card works
Coinbase Card is a Visa prepaid debit card issued by Pathward and linked to your Coinbase account. You choose which balance to spend from: USD, USDC, or a supported crypto, which Coinbase converts to dollars at checkout.
Debit rewards come from a rotating list of crypto assets. Coinbase does not publish a fixed rate and says the rate is variable and shown in the app.
The Coinbase One Card is a separate credit card on the American Express network, issued by First Electronic Bank and serviced by Cardless. Its bitcoin-back rate rises with the assets you hold on Coinbase: 2% under $10,000, up to 4% at $200,000 or more, with boosted rates on the first $10,000 of purchases per month.
Who it is for
Good fit
- U.S. residents already using Coinbase
- Spending USDC with no fees
- Coinbase One members who want bitcoin rewards on a credit card
Look elsewhere if
- Anyone outside the U.S.
- People who want self-custody
- Users expecting a fixed, published debit rewards rate
Pros and cons
- No fees when spending USD or USDC
- Inside the Coinbase app most U.S. users already have
- Credit-card option with up to 4% back in bitcoin
- U.S. only
- Debit rewards rate is variable and unpublished
- Custodial, and paying with volatile crypto adds a spread
