Coinbase has officially published the asset requirements for earning higher cashback rates on this card. One important detail: only the first $10,000 in spending is eligible for the elevated rewards rate.

  • Tier 1 – 2.0% of Eligible Purchases, if AOC is under $10,000;
  • Tier 2 – 2.5% of Eligible Purchases, if AOC is between $10,000 and $49,999.99 (the 2.5% Rewards Rate applies to the first $10,000 in Eligible Purchases per calendar month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month) ;
  • Tier 3 – 3.0% of Eligible Purchases, if AOC is between $50,000 and $199,999.99 (the 3.0% Rewards Rate applies to the first $10,000 in Eligible Purchases per calendar month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month) ; and
  • Tier 4 – 4.0% of Eligible Purchases, if AOC is equal to or greater than $200,000.00 (the 4.0% Rewards Rate applies to the first $10,000 in Eligible Purchases per month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month) .

This actually looks pretty decent. After all, Coinbase also offers 4.5% savings, so the first $10,000 can simply sit in savings. Beyond that, you’d need to rely on investments, so this card is still a better fit for people who already invest on Coinbase.

In fall 2025, Coinbase is set to launch a new credit card, with the biggest selling point being up to 4% cashback. It will also run on the AMEX network.

Highlights of the Coinbase One Card

  • Rewards are paid in bitcoin
  • Everyone starts with 2% back
  • The more assets you have, the higher the rewards rate, up to 4%. There are three higher tiers: 2.5%, 3%, and 4%
  • A special metal card: it is engraved with the origin story of bitcoin.
  • Extra perks from the American Express network: because it runs on the U.S. AMEX network, it comes with related offers and benefits.
  • Only Coinbase One subscribers are eligible to apply (monthly fee is just $4.99 or annual fee $49.99)

Coinbase One has a new basic subscription plan priced at just $4.99 per month or $49.99 per year. With this plan, you get the following benefits:

  • Up to 4.5% APY: your first $10,000 in USDC holdings is eligible for this rate
  • Zero trading fees: trade up to $500 per month across hundreds of assets with no fees.
  • Crypto protection: coverage for up to $1,000 in crypto assets against unauthorized account access.