Coinbase One Card

Written By Luke Jakobson

Earn bitcoin back on every purchase.

The new Coinbase One card offers 4% cashback in Bitcoin. I like this as a replacement for the Chase Sapphire Reserve as points continue to get devalued.

Rewards are simple: up to 4% bitcoin back (tiered by assets you hold on Coinbase), no foreign transaction fees, and you can repay from a bank account or crypto in your Coinbase wallet. Issued with Cardless/First Electronic Bank, plus Amex Experiences & Offers, managed fully inside the Coinbase app.

Why it’s interesting

  • BTC rewards that can grow: earn bitcoin on every purchase; tiers start at 2% and climb to 4% based on assets held on Coinbase.

  • Runs on Amex: broad acceptance plus Amex Experiences & Offers; card issued via Cardless/First Electronic Bank.

  • Traveler-friendly: $0 foreign transaction fees and a metal-card build.

  • Flexible payback: clear your balance with fiat or crypto from your Coinbase account.

Luke Jakobson
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