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HomeCryptoBitcoinCoinbase and American Express Launch Premium Bitcoin Rewards Card with 4% Crypto...

Coinbase and American Express Launch Premium Bitcoin Rewards Card with 4% Crypto Back

Coinbase partners with American Express to introduce the Coinbase One Card, offering up to 4% Bitcoin rewards on purchases and combining traditional credit card benefits with crypto rewards for U.S. members.

Coinbase has partnered with American Express to launch the Coinbase One Card, marking a significant milestone in the marriage of traditional finance and cryptocurrency rewards. The new credit card offers U.S. Coinbase One members up to 4% back in Bitcoin on all purchases, creating an innovative pathway for everyday spending to accumulate digital assets.

Premium Features and Accessibility

The Coinbase One Card comes with several attractive features for cryptocurrency enthusiasts. Members can earn up to 4% back in Bitcoin on every purchase, with rewards deposited directly into their Coinbase Digital Asset Wallet. The card charges no foreign transaction fees and provides flexibility in payment options. Users can settle their credit card bills either through a linked bank account or with cryptocurrency held in their Coinbase account.

Membership and Benefits

Access to the Coinbase One Card requires a Coinbase One membership, which starts at $49.99 per year. This subscription includes additional perks such as zero trading fees and priority customer support. The card operates on the American Express network, providing cardholders with Amex’s trusted security features and merchant acceptance. Notably, Bitcoin rewards earned through purchases do not appear on 1099 tax forms at the time of earning, though taxes may apply when these rewards are later sold.

A Bitcoin-First Identity

Coinbase has embraced Bitcoin’s heritage in the card’s design and implementation. The physical card features an etching of raw data from the Genesis Block, the first block created by Satoshi Nakamoto in 2009. This attention to detail reflects Coinbase’s commitment to honoring cryptocurrency’s origins while making digital assets more accessible to mainstream users. The card’s development represents a strategic move to bridge the gap between traditional payment systems and the growing crypto economy.

Leading the Digital Finance Evolution

This partnership between Coinbase and American Express signals a notable shift in the financial services landscape. The collaboration combines Amex’s established network and security infrastructure with Coinbase’s crypto expertise, creating a product that appeals to both traditional consumers and crypto enthusiasts. As digital assets continue to gain mainstream acceptance, the Coinbase One Card positions itself as a pioneer in the next generation of payment solutions.

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