At the recent 2025 State of Crypto Summit, Coinbase unveiled a new credit card available exclusively to subscribers of their Coinbase One premium service, allowing users to earn cashback in Bitcoin.
Features of Coinbase One Card
The Coinbase One Card will provide users with the ability to earn up to 4% cashback in Bitcoin on every purchase. The cashback will scale based on the digital assets held within the user's Coinbase account.
Partnership with American Express
The card will be powered by the American Express network, ensuring global accessibility and seamless integration with existing payment infrastructure. The launch is expected in Fall 2025.
Coinbase's Strategy for Crypto Integration
This initiative is part of Coinbase's strategy to bridge digital assets with traditional financial tools, while also enhancing user engagement through incentives tied to platform loyalty.
The introduction of the Coinbase card highlights the increasing integration of cryptocurrencies with traditional financial products, responding to growing competition in the crypto-payment space.