Coinbase introduces Bitcoinback rewards card for US users

Coinbase is launched of Coinbase One Card In the US, users can earn Bitcoin (BTC) Rewards for everyday expenses. This card is available to members only. coinbase one Subscription services start at $49.99 per year.

The company has confirmed that users can earn up to 4% back in Bitcoin on all purchases. The exact rate depends on the amount of crypto assets held at Coinbase. The Coinbase One Card was created in partnership with American Express and Cardless.

Who can access your Coinbase One card?

According to Coinbase, One Card can only be used by the following users: USexcluding U.S. territories. To qualify, customers must subscribe coinbase onethe exchange's membership plan that includes benefits such as zero trading fees, priority support, and account protection.

This card is available in three membership levels:

• Basic plan – $49.99 per year
• priority plan – Includes all basic features and additional benefits
• Premium plan – Top features for frequent traders and businesses

The company revealed the following: No additional charges When a user subscribes to one of the Coinbase One tiers, the card itself becomes eligible.

Bitcoin reward system

Cardholders can earn variable BTC rewards on every purchase, regardless of spending category. For example, users who earn 2% back will receive Bitcoin when paying for groceries, gas, or meals. The more balance a user maintains on Coinbase, the higher the reward rate they can unlock.

Users can:

• keep assets safe USD, USDC or supported cryptocurrencies To be eligible for compensation.
• You can use it anywhere Visa is accepted and your BTC rewards will be automatically deposited into your Coinbase account.

Coinbase confirms Bitcoin was earned from card rewards Does not appear on IRS Form 1099 Generated by the platform. However, if the user later sells those benefits, capital gains tax That may apply.

Early adoption and usage trends

According to Coinbase, early adopters added Over $200 million in funding Connect to the platform to maximize your potential rewards. User spent more than 100 million dollars Through one card, on average $3,000 per month Trading in progress.

Ben Shen, Senior Director of Product at Coinbase, said: decryption It means the company is encouraged by this result.

“We are seeing positive signs based on early spending behavior, indicating that this card is being used in a ‘top-of-the-wallet’ manner for many early adopters,” Shen said.

He also compared utilization rates to traditional credit cards.

“If you look at third-party data like NerdWallet, you'll see that general-purpose cardholders spend, on average, almost $9,000 per year on each card,” he added.

Transition to subscription income

Coinbase's move to card-based payments supports broader strategy for growth Recurring subscription and service revenue. In the second quarter of 2025, the company reported: $655 million Subscription revenue almost increased 9.5% compared to previous year.

The company focuses on subscription products such as: coinbase one We aim to stabilize earnings amidst unstable trading conditions. By integrating One Card, Coinbase extends its ecosystem to consumer spending while deepening customer loyalty.

Technical delays and availability

Coinbase announced that the card rollout has been temporarily delayed due to the following reasons: technical issues but confirmed it General availability We will reopen soon. Once activated, all Coinbase One members in the United States will be able to order cards directly through the platform's interface.

Customers can manage card settings, spending limits, and reward tracking. Coinbase Mobile App And the desktop dashboard.

Main features of Coinbase One card

Coinbase One Card is Bitcoin reward debit cardwhich offers direct integration with a user's existing Coinbase balance.

Some notable features include:

• Up to 4% BTC reward About eligible purchases
• No category restrictions — Offer applies to all sellers
• No foreign transaction fees within the United States
• Direct integration with Coinbase One membership
• Digital and physical card versions available

Coinbase Expands Developer Tools with Payments MCP

At the same time as the card was released, we also introduced Coinbase. Payment MCPa product for developers. AI model Interact directly with cryptocurrency wallets and payment systems.

built by Coinbase Developer PlatformPayments MCP enables large-scale language models (LLMs) such as: claude, gemini, codex Performing real-world transactions using stablecoins all uses natural language commands.

According to Coinbase, this system allows you to:

• Create a wallet and sign in via emailno API key
• Control spending limits For safety and compliance
• stablecoin payments For AI-driven applications
• Integration with x402 Bazaar Explorer To find the payment API

Payment MCP works through a framework called . Model Context Protocol (MCP)This allows AI agents to securely access external tools and financial services. According to the company, this technology agent commerceAI systems will be able to operate autonomously in the digital economy.

conclusion

of Coinbase One Card This marks a new chapter in the exchange's consumer services in the United States. Coinbase connects traditional financial behavior with the crypto economy in a practical way by offering Bitcoin rewards for everyday spending.

With structured membership tiers, transparent tax guidance, and integration with Coinbase's existing app ecosystem, One Card offers users an easy route to earn BTC without trading.

resource:

Coinbase X Platform: https://www.coinbase.com/en-au/developer-platform/discover/launches/payments-mcp

Announcement – Payments MCP: Wallet, On-Ramp, and Payments now available for all agents: https://www.coinbase.com/en-au/developer-platform/discover/launches/payments-mcp

Coinbase One Card offers Bitcoin perks to US users – Reported by Decrypt: https://decrypt.co/344888/coinbase-one-card-opens-all-users-bitcoin-rewards