Coinbase One Card

The Coinbase One Card is a credit card on the American Express network, available exclusively to Coinbase One members. It stands out as one of the highest crypto rewards credit cards available in the US, offering up to 4% back in Bitcoin. The card is issued by First Electronic Bank and comes with a metal design etched with text from Bitcoin’s Genesis Block.

Rewards

The card’s reward rate is tiered based on the user’s “Assets on Coinbase” (AOC):

• 2% back for AOC under $10,000
• 2.5% back for AOC between $10,000 and $49,999.99
• 3% back for AOC between $50,000 and $199,999.99
• 4% back for AOC of $200,000 or more

The elevated rates (above 2%) are capped at $10,000 in eligible purchases per calendar month, after which rewards drop to 2%. Rewards are deposited as Bitcoin directly into the user’s Coinbase account.

Coinbase One Membership

A paid Coinbase One subscription is required to hold the card. The basic tier costs $4.99/month or $49.99/year. If the membership lapses, the card account may be closed. Membership benefits include zero trading fees on the first $500 of monthly trades, competitive USDC yield, and $10/month in Base network gas credits.

Benefits

• No annual fee on the card itself and no foreign transaction fees.
• American Express network benefits including purchase protection, extended warranty, travel insurance, and access to Amex Offers and Experiences.
• Rewards settle immediately when a purchase posts.
• Flexible repayment from a linked bank account or crypto held at Coinbase.

Important Considerations

The card is managed entirely within the Coinbase mobile app, with no desktop web access for card features. Some users have reported limited customer support for disputes compared to traditional credit cards. The membership fee acts as an effective annual cost, so users should calculate their break-even based on expected spend and rewards tier.