Coinbase Debit Card Review – Earn up to 4% Crypto Cashback

In recent years, the adoption of cryptocurrency has seen significant growth, with more and more people using it for various purposes. Among the numerous platforms available for crypto enthusiasts, Coinbase has emerged as a popular choice for buying, selling, and storing digital currencies. To cater to the growing demand, the platform has introduced the Coinbase Card, a Visa debit card that allows users to spend their crypto in a seamless manner while earning rewards.

The Coinbase Card is gaining attention for its attractive feature of offering up to 4% back in crypto rewards on everyday purchases. This debit card makes it easy for users to utilize their digital assets in real-world transactions at any location where Visa is accepted. By bridging the gap between cryptocurrencies and traditional finance, the Coinbase Card provides an efficient solution for those seeking to spend and earn simultaneously in the ever-evolving digital economy.

In this article, we will provide an in-depth review of the Coinbase Card, discussing its features, fees, rewards program, and overall usability. We aim to assist potential users in making an informed decision on whether this card is the right fit for their needs, as well as highlight the benefits and potential drawbacks of integrating crypto payments in daily life.

Features of the Coinbase Debit Card

The Coinbase Debit Card offers a variety of useful features for users looking to seamlessly use their cryptocurrency for everyday transactions. These features help elevate the user experience, making the process of spending cryptocurrency as simple as using traditional debit cards.

One of the most attractive features of the Coinbase Debit Card is the cashback rewards. Users can earn up to 4% back in crypto on eligible purchases, depending on the type of cryptocurrency they choose for their rewards. This allows users to passively accumulate more cryptocurrency simply by using their debit card for day-to-day expenses.

Another notable feature is the security provided by the card. Users can be assured that their cryptocurrency holdings are protected, as the Coinbase Debit Card is directly linked to their Coinbase account. Coinbase is known for its high level of security, and the debit card is no exception. Users can manage the card, including freezing it or changing the PIN, directly through the Coinbase mobile app.

The Coinbase Debit Card provides compatibility for use at millions of merchants worldwide. This means that wherever users see the Visa logo, they can pay using their cryptocurrency. Additionally, the card offers real-time crypto-to-fiat conversion, allowing users to spend their cryptocurrencies without needing to manually convert their assets beforehand.

A summary of the key features of the Coinbase Debit Card includes:

Earning Crypto Rewards

The Coinbase Debit Card offers users the opportunity to earn up to 4% back in crypto rewards on their purchases. The rewards are automatically credited to the user’s Coinbase account, allowing them to accumulate cryptocurrency over time.

Rewards are earned in either Bitcoin (BTC) or Stellar Lumens (XLM), and the specific percentage of cashback received depends on the user’s choice and eligible purchases. Here is a breakdown of the reward options:

  • 1% back in Bitcoin (BTC): Users who choose this reward option will receive 1% of their purchase value back in BTC.
  • 4% back in Stellar Lumens (XLM): Users who opt for this reward option will earn 4% of their purchase value back in XLM.

By offering these rewards, Coinbase Debit Card encourages the adoption of cryptocurrencies and helps users build their digital assets effortlessly. It is essential to understand that the cashback percentage might vary depending on the merchant or card network and can be subject to change.

In addition to the cashback rewards, Coinbase Debit Card also offers perks like real-time notifications for transaction approvals, card management features, and a user-friendly mobile application to track spendings and rewards effectively.

Fees and Limits

The Coinbase Debit Card has a straightforward fee structure. It is important to understand the costs associated with the card before using it.

Some of the fees include:

  • Card issuance fee: €4.95 or $4.95 (one-time fee upon ordering)
  • ATM withdrawal fee: Domestic – €0.25 or $0.25, International – 3% of withdrawal amount
  • Transaction fee: Free within EEA, 2% outside EEA
  • Crypto liquidation fee: 2.49%

As for the limits, the Coinbase Debit Card has the following daily ceilings for various transactions:

Transaction Type Limit
Contactless Purchases €2,500 or $2,500
Non-Contactless Purchases Unlimited
ATM Withdrawals €1,000 or $1,000

Please note that these fees and limits may vary depending on your country of residence and your Coinbase account verification level. Always check the official Coinbase support page for the latest information on fees and limits.

Pros and Cons

The Coinbase Debit Card offers a unique opportunity to make everyday purchases with crypto, but it’s important to weigh the pros and cons before deciding if it’s the right fit for you.


  • Coinbase Debit Card supports multiple cryptocurrencies, allowing users to spend Bitcoin, Ethereum, and more.
  • Users can earn up to 4% back in crypto rewards which can be an attractive incentive for users looking to grow their portfolios.
  • The card is designed to seamlessly work with your Coinbase account, meaning you can easily manage your card and coins through a single app.
  • No transaction fees are charged when making domestic purchases, making it an affordable option for everyday spending.
  • Real-time conversion rates ensure that you always get the latest crypto values when making purchases.


  • International transactions may have additional fees, making it less appealing for those who travel often.
  • Crypto can be volatile, so spending cryptocurrencies may not be the best choice for risk-averse users.
  • Earning cashback in crypto may complicate tax situations for users, as gains and losses on cryptocurrency holdings need to be reported in certain jurisdictions.
  • Scalability issues and fluctuating network fees may impact transaction times and costs when spending crypto.

With these pros and cons in mind, potential users should carefully consider whether the Coinbase Debit Card aligns with their financial needs and crypto goals.

How to Get a Coinbase Debit Card

Obtaining a Coinbase Debit Card is a straightforward process that consists of a few steps. The card is available to eligible customers in the United States and selected European countries. To ensure you receive your card successfully, follow these simple steps:

  1. Create or log in to your Coinbase account. If you haven’t created an account yet, sign up and complete the necessary identity verification process.
  2. Navigate to the “Coinbase Card” section in the platform. If you’re using the mobile app, you can find it through the menu or by searching for “Coinbase Card.”
  3. Click “Get Started” or “Apply” and follow the prompts to provide the required personal information, such as your full name, address, and Social Security number (for US customers).
  4. After submitting your application, wait for the verification process to be completed. The time it takes may vary depending on your location and the volume of applications being processed.
  5. Once your application has been approved and your card is shipped, activate it through the Coinbase website or mobile app following the provided instructions.

Upon successful activation of your Coinbase Debit Card, you’ll be able to start enjoying the benefits of up to 4% back in crypto on your purchases. Make sure to choose the appropriate cryptocurrency for rewards in the Coinbase Card settings and always be aware of any fees that may apply.


The Coinbase Debit Card offers a convenient way for users to spend their cryptocurrency and earn up to 4% back in crypto rewards. This card has the potential to be a game-changer for those who heavily invest in the crypto market and want to seamlessly use their digital assets for everyday transactions.

While there are some limitations, such as transaction fees and certain country restrictions, the Coinbase Debit Card makes it easier for crypto enthusiasts to access and spend their cryptocurrency. It simplifies the process of converting digital assets to fiat currency, enabling users to make purchases at millions of merchants worldwide.

As the cryptocurrency market continues to evolve, the Coinbase Debit Card might become an essential tool for crypto-savvy individuals. It not only promotes mainstream adoption of digital currencies but also provides an attractive reward system for its users. Ultimately, the user’s personal preferences, spending habits, and risk tolerance will determine if the card is a good fit for them.

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