Overview
- Coinbase said the card is now available to U.S. customers who subscribe to Coinbase One at $49.99 per year.
- Purchases earn up to 4% back in bitcoin, with no foreign transaction fees and the option to pay the bill from a linked bank account or with crypto held on Coinbase.
- Coinbase states bitcoin rewards are not reported on 1099 forms when earned, though selling those rewards may create a taxable event.
- The American Express-powered card adopts a bitcoin-first identity, including a physical design etched with data from Bitcoin’s Genesis Block.
- The rollout comes as Gemini offers multi-asset rewards and a new Solana-branded edition with category bonuses, monthly caps and no annual fee.