Coinbase to launch Amex card with up to 4% Bitcoin cashback
Coinbase is preparing to launch a credit card with American Express that offers up to 4% cashback in Bitcoin to U.S. users. The Coinbase One Card will be available exclusively to Coinbase One subscribers.
The cashback rate scales based on how many assets a user holds on Coinbase. Users can repay balances through a linked bank account or crypto holdings. The card charges no foreign transaction fees.
American Express provides the card network, while First Electronic Bank issues the card. The physical card features hexadecimal data from Bitcoin's Genesis Block engraved on its surface.
Coinbase's website states the card is "coming fall 2025." The company confirmed the rewards structure ties directly to asset holdings on its platform, with higher holdings qualifying for higher cashback rates up to the 4% maximum.The card targets Coinbase One subscribers who maintain significant crypto holdings on the platform. Other crypto reward cards, such as those from Gemini, typically support multiple assets for rewards redemption.
American Express provides the card network, while First Electronic Bank issues the card. The physical card features hexadecimal data from Bitcoin's Genesis Block engraved on its surface.
Coinbase's website states the card is "coming fall 2025." The company confirmed the rewards structure ties directly to asset holdings on its platform, with higher holdings qualifying for higher cashback rates up to the 4% maximum.The card targets Coinbase One subscribers who maintain significant crypto holdings on the platform. Other crypto reward cards, such as those from Gemini, typically support multiple assets for rewards redemption.
Coinbase One is the company's subscription service that provides members with benefits across its platform. The card represents an addition to that program's offerings.
The Genesis Block engraving refers to the first block mined on the Bitcoin blockchain in January 2009. The hexadecimal data from that block appears on the physical card.
Users will receive Bitcoin rewards automatically based on their spending. The 4% rate applies to eligible purchases, with the exact percentage determined by each cardholder's asset balance on Coinbase.
First Electronic Bank handles card issuance and banking relationships, while Coinbase manages the crypto rewards program and integration with user accounts on its platform.
The fall 2025 launch timeline has not been narrowed to a specific month. Coinbase has not disclosed additional eligibility requirements beyond Coinbase One membership or minimum asset holding thresholds needed to qualify for specific cashback tiers.
The Genesis Block engraving refers to the first block mined on the Bitcoin blockchain in January 2009. The hexadecimal data from that block appears on the physical card.
Users will receive Bitcoin rewards automatically based on their spending. The 4% rate applies to eligible purchases, with the exact percentage determined by each cardholder's asset balance on Coinbase.
First Electronic Bank handles card issuance and banking relationships, while Coinbase manages the crypto rewards program and integration with user accounts on its platform.
The fall 2025 launch timeline has not been narrowed to a specific month. Coinbase has not disclosed additional eligibility requirements beyond Coinbase One membership or minimum asset holding thresholds needed to qualify for specific cashback tiers.
Author
Sebile Fane cut her teeth in blockchain by building tiny NFT experiments with friends in her living room, long before the buzzwords took hold. She’s driven by a curiosity for the human stories behind smart contracts — whether it’s a small-town artist minting her first token or a DAO voting on climate grants — and weaves technical insight with genuine empathy.
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