qerranews 
In a major move bridging traditional finance with digital assets, Coinbase announced at its State of Crypto Conference the upcoming launch of its very first credit card — the Coinbase One Card — which will run on the American Express Network. Set to debut this fall, the new credit card promises generous bitcoin-back rewards, exclusive perks, and deep integration into the Coinbase One ecosystem.
The card, offered in collaboration with Cardless, Inc. and issued by First Electronic Bank, will be available exclusively to Coinbase One members in the U.S. Users will be able to earn between 2% and 4% back in bitcoin on every purchase, with reward rates depending on the user’s Coinbase asset holdings. The waitlist to join is now live at coinbase.com/creditcard.
“Whether you’re buying groceries or booking a trip, the Coinbase One Card lets you earn rewards in bitcoin — making everyday spending more rewarding than ever,” Coinbase said in its blog post announcing the card. The partnership combines the crypto-native power of Coinbase with the established infrastructure of American Express — offering a robust user experience that includes crypto rewards, premium protections, and curated offers and experiences via the Amex network.
Speaking at the event, Will Stredwick, SVP, Global Network Services at American Express, emphasized the strategic value of the partnership:
“In today’s world, 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.”
He added,
“The Coinbase One Card will offer crypto rewards alongside unique benefits, offers, experiences, and protections through the American Express Network.”
Luke Gebb, EVP of Amex Digital Labs, echoed these sentiments in the official Amex press release:
“American Express views crypto and blockchain technologies as part of the evolving financial infrastructure with real potential to deliver faster, more efficient ways to move value. 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.”
The launch of the Coinbase One Card marks a continuation of American Express’ history of innovation, particularly in areas such as digital wallets, tokenization, and secure payments infrastructure.
In addition to the card, Coinbase also announced a new entry-level subscription tier for its Coinbase One membership. The new Basic plan — priced at $4.99/month or $49.99/year — includes:
- Zero trading fees on up to $500 of trades per month
- Boosted staking rewards
- 4.5% APY on the first $10,000 of USDC holdings
- Account protection up to $1,000 for unauthorized access
- And future Coinbase One Card access benefits
“The Basic tier is packed with essential value for the most affordable price we’ve offered since launching Coinbase One in 2023,” the company said.
With nearly 1 million users already enrolled in Coinbase One, the new card and subscription tier are expected to further accelerate Coinbase’s push to make crypto-powered finance mainstream — combining ease of use, security, and real-world rewards in one sleek financial product.