Coinbase Shakes Up Crypto Spending with New Coinbase One Credit Card

Coinbase just dropped a financial grenade in the crypto world—introducing the Coinbase One Credit Card. No more clunky conversions or withdrawal headaches—spend your digital stash like fiat, instantly.

The Plastic Revolution

This isn''t just another metal card for flexing at coffee shops. Built for the 2025 crypto economy, it bypasses traditional banking rails entirely—settling transactions directly from your Coinbase wallet. Gas fees? Handled. Exchange spreads? Gone.

The Fine Print Jab

Of course, there''s a catch—3% back in crypto rewards (read: more bags to hold during the next market cycle). Because what''s a financial product without a little gamification?

Love it or hate it, Coinbase just turned every POS terminal into a crypto on-ramp. The banks won''t see this one coming—but your portfolio might.

“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 of American Express global network services said at the Coinbase State of Crypto Summit in New York City. Investors have responded very well to the news. William Blair analyst Andrew Jeffrey said Wednesday that subscription revenue growth from the Coinbase One card “will be the reason long-term investors own the stock.”

This is the first credit card launch for Coinbase, although it introduced a prepaid debit card in partnership with Visa in 2020. Coinbase’s crypto exchange for retail and institutional investors is its core business. However, the company has been building its subscription and services offering, comprised of stablecoins, staking, subscriptions like Coinbase One, and custody.

Furthermore, Coinbase says another perk that comes with the card are are no foreign transaction fees .” Users can also repay their balances with a linked bank account or crypto held on Coinbase,” the company said in an announcement. “Cardholders also get access to exclusive Amex Experiencesand Offers.” Coinbase One users can sign up today for early access to the card’s registration.