Coinbase Card review
Last reviewed 2026-08-12
The Coinbase Card is alive, and it is now two products: the original Visa debit card and the Coinbase One Card, an American Express credit card launched in fall 2025. Reports of the card's death trace back to Coinbase discontinuing some older debit-card rewards promotions, not the card itself.
The One Card is the interesting one. It is US-only, earns 2 to 4% back in bitcoin with the rate scaled by how much you hold on Coinbase, and charges no annual fee on the card itself and no foreign transaction fees. The catch: it requires a Coinbase One membership at $49.99 per year, so the membership is effectively the annual fee, and the top 4% rate is reserved for customers with substantial balances on the platform.
The debit card does a different job: it spends the crypto or USD already in your Coinbase account anywhere Visa is accepted, converting at the moment of sale. In the US, selling crypto to fund a purchase is a taxable event on every swipe, which is worth knowing before making it your daily card. If your goal is stacking bitcoin rather than spending it, the One Card's bitcoin-back model is the better fit.
- Issuer
- Coinbase
- Rewards
- Up to 4% back in bitcoin (One Card); the rate scales from 2% based on assets held on Coinbase. The debit card has no standing cashback rate.
- Fees
- The One Card has no annual or foreign transaction fees but requires the $49.99 per year Coinbase One membership. The debit card has no card fee of its own; standard Coinbase conversion pricing applies when you spend crypto.
- Available in
- United States (One Card is US-only; the debit card excludes Hawaii)
Reward tiers
The One Card launched in fall 2025 on the American Express network in stainless steel. No annual fee on the card itself and no foreign transaction fees, but the required membership is effectively a $49.99 yearly cost.
| Tier | Rewards | Requirements |
|---|---|---|
| Coinbase One Card | 2-4% back in bitcoin | US-only American Express credit card; requires a Coinbase One membership at $49.99 per year, with the rate scaled by assets held on Coinbase |
| Coinbase Card (debit) | No standing cashback rate; rewards promotions have come and gone | A standard Coinbase account |
Pros and cons
What works
- The One Card pays 2-4% back in bitcoin, the highest bitcoin-denominated rate on a mainstream US credit card
- No annual fee on the One Card itself and no foreign transaction fees
- Rewards accrue in bitcoin rather than an exchange token, so you are not paid in something the issuer prints
- The debit card lets you spend an existing Coinbase balance anywhere Visa is accepted
What to watch
- The One Card requires a Coinbase One membership at $49.99 per year, an annual fee in all but name
- The top 4% rate is reserved for customers holding substantial assets on Coinbase
- The One Card is US-only
- Spending crypto with the debit card is a taxable sale in the US on every purchase
Frequently asked questions
Was the Coinbase Card discontinued?
No. The debit card still exists; what ended were some of its older rewards promotions. In fall 2025 Coinbase added a second product, the Coinbase One Card, an American Express credit card earning bitcoin back.
How do I get 4% back in bitcoin?
The One Card's rate runs from 2% to 4% and scales with the assets you hold on Coinbase, so the top rate goes to customers with large balances. You also need an active Coinbase One membership.
What does the Coinbase One Card cost?
There is no annual fee on the card and no foreign transaction fees, but it requires a Coinbase One membership at $49.99 per year.
Can I get the One Card outside the US?
No, the One Card is US-only. Coinbase's debit card availability varies by country, so check the official card page for your region.