Coinbase and American Express to launch 4% bitcoin reward card

From Yahoo Finance: 2025-06-13 14:54:00

Coinbase and American Express are teaming up to launch the Coinbase One Card, offering up to 4% bitcoin back on purchases. The card, set to debut in fall 2025, requires a Coinbase One subscription starting at $49.99 per year for eligibility, with higher earnings based on Coinbase assets.

Cardholders can earn 2-4% bitcoin back on purchases, with rates depending on their Coinbase assets. The card will not have an annual fee, as it is tied to the subscription. Other benefits include no foreign transaction fees and access to American Express perks.

The Coinbase One Card is exclusive to U.S. customers and requires a Coinbase One membership. The subscription comes with various benefits, with tiers offering different perks, such as zero trading fees and higher staking rewards. Pricing for subscriptions ranges from $29.99 to $299.99 per month.

When compared to the Gemini Credit Card, the Coinbase One Card offers a more straightforward rewards system with potential for higher earnings. The Gemini card has bonus categories and a welcome bonus, while the Coinbase One Card seems focused on bitcoin rewards. Availability is limited to U.S. residents.

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