Coinbase One Card (American Express® Network)
Earn bitcoin back on every purchase—then let Coinbase auto‑save it for you. Simple setup, Amex‑style protections, and a clean way to invest as you spend.
Card Details
- Type: Credit card on the American Express® network; issued by First Electronic Bank; program with Coinbase and Cardless.
- Availability: U.S. only. Apply in the Coinbase app.
- Annual Fee: $0 for the card (Coinbase One membership of $49.99 is required).
- Membership: Coinbase One Basic available (annual); higher tiers exist.
- Rewards: 2%–4% back in Bitcoin on eligible purchases. Higher tiers unlock with more assets held on Coinbase; higher tiers apply to the first $10,000 in purchases per month, then 2% thereafter.
- Welcome Offer: None at this time.
- Foreign Transaction Fees: The Coinbase Card has no foreign transaction fees; ATM owners may still charge their own fees.
- Key Amex‑network benefits: Return Protection, Purchase Protection, Extended Warranty, Amex Offers & Experiences, Worldwide Car Rental Loss & Damage Insurance (terms apply).
- Credit Check: Soft inquiry to see if you’re approved; hard pull only if you accept the offer.
- Setup & Account: Instant virtual card on approval; add to Apple Pay/Google Pay; activate the physical card when it arrives.
Rates & Fees: Learn more
About The Card
This is a straightforward crypto earner: use it anywhere Amex is accepted and your Bitcoin rewards land in your Coinbase account automatically. If you keep more assets on Coinbase, you unlock higher BTC‑back tiers—up to 4% on the first $10k of purchases each month, then 2% after.
Because it runs on the American Express network, you get big‑brand protections like Return Protection and Extended Warranty at a low card price point. There’s no separate card annual fee, and the in‑app experience is simple: quick pre‑check, instant virtual card, and easy wallet integration.
Because it’s built into BILL, approvals, reconciliation, and payments stay in one workflow. FDIC coverage scales up to $200M through a sweep network, so larger balances can be protected while AP keeps moving.
Pros
- 2%–4% BTC back on everything (tiers based on assets on Coinbase).
- Amex‑style protections including Return Protection, Extended Warranty, Car rental insurance, and more.
- No annual fee for the actual card; mobile wallet‑ready; instant virtual card.
- No foreign transaction fees.
- This is designed to help you invest in the future and build up wealth over time.
- “Invest as you spend” automation—BTC rewards deposit to Coinbase.
Cons
- Membership of $49.99 is required—treat Coinbase One as the effective cost.
- In order to earn 2.5%, 3% , or 4% you need to reach the high tiers require larger asset balances on Coinbase; plus the higher rates are capped at the first $10k/month, thereafter going back to the regular 2% earning rate.
- Bitcoin is volatile—value can drop after you earn it, although if you’re long term you’ll gain way more because it’ll go up over time.
- Some transactions don’t earn rewards; standard fees (e.g., cash advances) may apply.
Is this card for me?
Pick this if you want an easy, automated way to set aside Bitcoin while you spend, you’ll keep an active Coinbase One membership, and you’re comfortable holding some assets on‑platform to reach higher tiers. If you prefer simple high cash back with no annual fee, and do not need the Amex protections and benefits. A 2% cash‑back card like the Citi Double Cash or TD Cash Credit Card may be a better option.
