Coinbase One Card Reward Program Expands with Bitcoin Incentives
- Coinbase introduces Bitcoin rewards credit card with American Express.
- Customers earn up to 4% back in Bitcoin.
- Part of Coinbase One membership program enhancements.
Coinbase and American Express have launched the Coinbase One Card, offering up to 4% back in bitcoin, available to members from June 2025 in the United States.
The introduction of the Coinbase One Card signifies a strategic integration of cryptocurrency rewards into mainstream financial products, potentially shifting consumer preferences towards digital currencies.
Coinbase has made a significant push into the crypto rewards space with the launch of its Bitcoin-rewarding credit card, designed to integrate with the American Express network, thus boosting the benefits provided by its Coinbase One membership program.
Coinbase has introduced the Coinbase One Card, a new credit card that provides up to 4% back in Bitcoin for Coinbase One members. It marks a significant enhancement to the existing membership program.
The card is a collaboration between Coinbase, American Express, and Cardless, Inc., issued by First Electronic Bank. It operates on the American Express Network and offers exclusive benefits and protections.
“In today’s world, we see real potential in the combination of Coinbase and crypto with the Powerful Backing of American Express, and what the card offers is an excellent mix of what customers are looking for right now.” — Will Stredwick, SVP, Global Network Services, American Express
Initially, the card launch is expected to change how consumers earn crypto rewards, making purchasing more rewarding while driving Bitcoin’s daily use. This financial innovation aligns with American Express’s broader payment strategies.
The integration of the Coinbase One Card into the existing infrastructure hints at a long-term commitment to digital currencies. Cardholders will experience unique market opportunities, including zero trading fees and boosted staking returns.
The Coinbase One community is nearing one million members, indicating strong adoption rates. This move is likely to attract additional interest from crypto enthusiasts looking for unique financial products.
Potential outcomes include broader adoption of Bitcoin in daily transactions, and the enhancement in technology might simplify crypto payments. Historical data indicates a growing trend toward similar products in financial markets.
