Coinbase launches its first credit card for subscribers in partnership with American Express

Source
JH Kim

Summary

  • Coinbase announced that it has launched its first credit card in the U.S. in collaboration with American Express.
  • This credit card is reportedly available only to members of Coinbase's monthly subscription service.
  • Cardholders can receive 2–4% Bitcoin cashback.

According to CNBC on the 12th (local time), global cryptocurrency exchange Coinbase has partnered with American Express to launch its first proprietary credit card in the U.S.

This card is offered exclusively to U.S. members of ‘Coinbase One,’ Coinbase’s monthly subscription service. Cardholders can receive 2–4% Bitcoin (BTC) cashback.

Previously, in 2020, Coinbase launched its first debit card in partnership with Visa.

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JH Kim

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