Coinbase Card
Coinbase · Visa
The Coinbase Card is a Visa debit card linked to your Coinbase wallet. Its crypto cashback (1–4% depending on the chosen asset: BTC/ETH 1%, minor tokens up to 4%) is, however, US-only: in the EU and UK the card only offers the spending function (crypto→fiat conversion at checkout), with no rewards. It is backed by the strength of a NASDAQ-listed company holding over $220B in custody, but it applies a 2.49% FX markup — among the highest in the sector.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | $2.50 per withdrawal |
| ATM withdrawal | Free |
| FX markup | 2.49% |
| Cashback | Not disclosed |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | US, UK, EEA · 49+ countries |
| Funding / solidity | Quotata NASDAQ (COIN) · 105M utenti · $6,2B ricavi |
| Estimated net annual cost | €0/year |
| Regulator | SEC (public company); NYDFS; state regulators |
| OAM Italy registration | Yes |
| Segment | B2C |
| Past incidents | May 2025: data breach via bribery of customer-support contractors; personal data (names, contacts, ID images, partial SSN/bank numbers) of 69,461 users exposed — no passwords, private keys or funds compromised. Coinbase refused the $20M ransom; estimated cost $180–400M. · 2021: a phishing/SIM-swap campaign drained funds from roughly 6,000 accounts by exploiting a flaw in SMS 2FA recovery. |
| Funding / solidity | NASDAQ-listed (COIN) · 105M users · $6.2B revenue |
| MiCA / License status | MiCA CASP CASP (EU) |
Plans & pricing
Strengths
- Institutional strength: NASDAQ-listed company with $220B+ in custody
- Spend crypto anywhere with Visa, converted to fiat at the point of sale
- No annual or issuance fee
- No notable sovereignty advantage documented.
Weaknesses
- Crypto cashback (1–4%) is US-only: in the EU/UK there are no rewards, just the spending function
- 2.49% FX markup, among the highest: penalises foreign spending
- Custodial card + possible account freezes for KYC checks
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (CASP (EU)): reporting to authorities and freezes on order.
Verdict
The S tier rests on the institutional strength of a NASDAQ-listed company holding over $220B in custody, CASP regulation, OAM registration and no annual fee. But it must be said plainly: the crypto cashback (1–4%) is reserved for US residents — in the EU and UK the card only offers the spending function, with no rewards — and the 2.49% FX markup is among the highest in the sector. Account freezes for KYC checks and the custodial nature of funds also remain.
Here the card is worth little: custodial, full KYC, no on-chain settlement and minimal privacy — funds stay under Coinbase's control and the account can be frozen for checks. The listed-company solidity that reassures the mainstream user is, through this lens, exactly what pulls it away from the trustless, self-custody ideal.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Coinbase Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
App Store ↗
4.7/5
1,795,596 reviews
Score refers to the Coinbase app as a whole (exchange + card): there is no separate Coinbase Card app. Exact figure from the iTunes lookup API.
-
Google Play ↗
4.3/5
927,306 reviews
Score refers to the Coinbase app as a whole (exchange + card), not the card alone. Exact values from the page's structured data (ratingValue 4.3498, ratingCount 927,306; the on-page label rounds to 4.3).
Weighted average across 2 public review platforms (2,722,902 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Which crypto is the Coinbase Card cashback paid in?
Crypto cashback (1–4% depending on the chosen asset, e.g. BTC/ETH 1%) is available only to US residents. In the EU and UK the Coinbase Card pays no cashback: it only offers spending with crypto→fiat conversion.
Is the Coinbase Card good for spending abroad?
Less than others: the 2.49% FX markup is among the highest in the sector and applies to every purchase in a currency other than the euro.
Sources
- Official service page Plans & pricing · Regulatory framework · Third-party audit Data verified on Jun 14, 2026
- eco.com Data verified on Jul 10, 2026
- securityinfowatch.com Data verified on Jul 10, 2026
- assets.ctfassets.net Tier.Free.atm fee pct Data verified on Jun 14, 2026
Show 9 more sources
- aziendabanca.it OAM Italy registry Data verified on Jun 14, 2026
- coinmarketcap.com Founders Data verified on Jun 14, 2026
- finhacker.cz Valuation Data verified on Jun 14, 2026
- fortune.com Past incidents Data verified on Jun 14, 2026
- hackerone.com Bug bounty Data verified on Jun 14, 2026
- iposcoop.com Stock ticker · Stock listing · IPO date Data verified on Jun 14, 2026
- koinly.io Supported currencies Data verified on Jun 14, 2026
- silvermillerlaw.com Past incidents Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026