Coinbase & Amex Launch Game-Changing Bitcoin Rewards Credit Card—Earn Crypto on Every Swipe
Wall Street meets Satoshi as Coinbase and American Express roll out the first credit card that pays rewards in bitcoin. Finally—a plastic rectangle that bridges the gap between legacy finance and the crypto revolution.
The perks? Cold hard sats. Every purchase pumps bitcoin directly into your Coinbase wallet—no fiat middlemen, no conversion fees. Imagine: your morning coffee now moonlights as a micro-DCA strategy.
Why this matters: Amex cardholders represent $1.8 trillion in annual spending. That’s a tsunami of institutional-grade capital flow poised to flood into crypto—one tap-and-go transaction at a time.
The fine print cynics will love: Rewards cap at 1.5% back in BTC. Because nothing says ‘decentralized future’ like a corporate points program with terms and conditions.
This isn’t just another co-branded card—it’s a Trojan horse. Traditional finance giants are finally acknowledging what we’ve known for years: bitcoin isn’t going away. And now they’re monetizing that realization.
Bitcoin and Stablecoin Rewards Built In
The Coinbase One Card will offer users the opportunity to earn up to 4% back in bitcoin on all purchases, making it one of the more competitive crypto reward offerings in the market. Beyond Bitcoin rewards, the card promises additional perks for those who hold USDC stablecoins, including boosted rewards and higher staking returns.
Users who transact on Base, Coinbase’s proprietary ethereum layer-2 network, will also benefit from enhanced staking rewards and transaction credits. Coinbase’s website emphasized that these incentives are designed to reward both new and existing users for integrating crypto into daily financial activity.
The company elaborated,
“We believe crypto should be for everyone, which is why we’re introducing the Basic tier of Coinbase One: for just $4.99/month or $49.99/year, members can access bitcoin rewards on purchases, zero trading fees, boosted staking rewards, and the exclusive partner benefits that our community has come to love.”
Exclusive Access and Partner Benefits
In addition to crypto-related rewards, the card grants access to American Express’s established network of benefits, including curated experiences, promotional offers, and purchase protections. Coinbase has opened a waitlist for interested users, signaling strong demand for the product ahead of its full release.
American Express Reaffirms Crypto Commitment
This isn’t American Express’s first foray into crypto. In 2022, it partnered with Abra to issue a credit card offering crypto rewards. Commenting on the Coinbase partnership, Luke Gebb, Executive Vice President at Amex Digital Labs, expressed confidence in the future of digital assets, stating,
“Our focus is on practical, compliant applications that create long-term value for customers. The new Coinbase One Card will benefit from Amex’s secure, innovative network, designed to deliver trusted, seamless experiences for Card Members in an evolving payments landscape.”
A Growing Crypto Payments Market
The announcement comes amid a rising trend of crypto platforms partnering with traditional payment networks to enable the spending of digital assets. Coinbase’s MOVE follows similar initiatives from competitors like MetaMask, which introduced a self-custodial debit card last year, and Mastercard, which in April revealed plans to launch crypto debit cards in collaboration with OKX and Kraken.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
