Coinbase is one of the leading cryptocurrency exchanges on the market, ranking as the second biggest centralized exchange in the world by market volume. The platform is known for its inclusivity, offering tools that make it easier for fiat users to transition into crypto.
One of the biggest offerings of the platform is the Coinbase One Card. The card follows a “hold more, earn more” theme, which means the amount of Bitcoin rewards you will get is directly proportional to the number of assets you hold in your account.
The maximum reward rate is 4%. What’s more is that the offer does not contain any annual fee or a foreign transaction fee.
The first step is to ensure that you have an annual Coinbase One membership, and that it is set to an annual billing tier. You cannot get the Coinbase One Card if you have chosen monthly basic plans.
Open your Coinbase mobile application and click on the “Credit Card” button. Fill out the necessary details and go through the standard review.
Once the card is approved, accept the terms and conditions to acquire the card. Continue using the card in a retail setting and, depending on the number of assets you hold, you can get up to 4% Bitcoin back on every purchase.
The Coinbase One Card is one of the more powerful options for users. Accessible exclusively to Coinbase One members, the card unlocks rewards beyond cashback. Users will also get more staking perks and $120 in transaction credits on Base.