Coinbase Teams Up with American Express to Launch Exclusive Crypto-Backed Credit Card

In a strategic move to expand its services, Coinbase has introduced its first-ever branded credit card through a powerful partnership with American Express. This announcement marks a major step for the crypto exchange giant as it continues to build beyond trading. Exclusively available to Coinbase One subscribers, the new credit card brings crypto rewards and elite AMEX perks right into the hands of U.S. users.

What is Coinbase One?

Coinbase One is a premium subscription plan that provides users with benefits like:

• Zero trading fees
• Enhanced staking rewards
• Priority customer support
• Exclusive access to new features and tools

The subscription currently costs $29.99 per month. In addition, Coinbase has now introduced a budget-friendly “Basic” plan priced at $4.99/month or $49.99/year.

Introducing the Coinbase-AMEX Credit Card

The newly launched credit card by Coinbase and American Express is tailored specifically for subscribers of Coinbase One. Some of the standout features include:

• 2% to 4% cashback in Bitcoin
• Exclusive AMEX protections and benefits
• Launch scheduled for Fall 2025

This card aims to blend traditional finance perks with modern crypto incentives, making it ideal for crypto-savvy spenders.

Why This Partnership Matters

According to Will Stredwick from American Express, the collaboration represents a timely alignment of what modern users are looking for: a trusted credit network mixed with cryptocurrency utility. Announced during the Coinbase State of Crypto Summit in New York, this partnership is seen as a gateway to bring crypto into mainstream financial products.

Coinbase is More Than Just a Trading Platform

Though Coinbase’s primary business remains its crypto exchange for retail and institutional users, its subscription services are rapidly gaining momentum. Key revenue contributors now include:

• Stablecoin infrastructure
• Staking services
• Custodial support for ETFs

During Q1, the company earned $698.1 million from subscriptions and services, nearly matching its trading revenue of $1.26 billion. Analyst Andrew Jeffrey suggests this growth in recurring income will be a major draw for long-term investors.

Crypto Industry Poised for Product Boom

With clearer crypto regulations expected from Congress and a pro-crypto political climate, especially under the Trump administration, experts anticipate a surge in new crypto-related products. The Coinbase One card is just one example of what could be a wave of innovation in the space.

How It Stacks Up Against Other Crypto-Backed Cards

This isn’t Coinbase’s first foray into cards—it launched a prepaid Visa debit card in 2020. However, many earlier crypto-back cards have vanished or removed crypto reward options altogether.

Some of the few remaining competitors include:

• Gemini Crypto Credit Card – Still operational and recently filed to go public.
• Venmo by PayPal – Offers “Cash Back to Crypto” as an automated feature.

Final Thoughts

The Coinbase-AMEX credit card symbolizes the fusion of crypto and traditional finance. By rewarding everyday spending with Bitcoin and bundling premium services through Coinbase One, the card could pave the way for wider crypto adoption in the U.S. financial landscape. For now, interested users can subscribe to Coinbase One and prepare to take advantage of the upcoming launch this fall.