Derived from Coindesk, Coinbase has launched the Coinbase One Card, available to U.S. customers who are or become Coinbase One members for $49.99 annually. The card offers up to 4% cashback in bitcoin on purchases. The product, announced via a post from Max Branzburg, head of consumer and business products, allows users to pay their credit card bill via linked bank account or crypto on Coinbase. Bitcoin rewards are not reported on 1099 forms, though taxes may apply if sold. The card features design elements tied to Bitcoin’s history, including etched data from the Genesis Block. Gemini also recently introduced a Solana edition of its credit card, offering up to 4% in SOL for specific categories.
Coinbase Launches Amex Card Offering Up to 4% BTC Cashback for U.S. One Members
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