Coinbase One Card (AmEx)
Coinbase · American Express
The Coinbase One Card is the only crypto credit card on the American Express network: 0% FX markup, up to 4% cashback in BTC (tiered 2%/2.5%/3%/4% by the assets you hold on Coinbase) and standard AmEx insurance protections. It is reserved for Coinbase One members (the Basic plan, ~$49.99/year, is enough) and available only in the United States; being revolving credit, interest on cash advances accrues from day one.
The clause
That 4% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | American Express |
|---|---|
| Card type | Revolving credit |
| APR | 19.49%–29.49% |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Cash advance up to 10% of the credit line |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | 4% in BTC · Nessuno |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 3/10 |
| Supported countries | US · 1+ countries |
| Funding / solidity | Prodotto Coinbase (NASDAQ: COIN), lancio 2025-2026 |
| Estimated net annual cost | €50/year |
| Regulator | SEC (public company); NYDFS; state regulators |
| OAM Italy registration | No |
| Segment | B2C |
| Funding / solidity | Coinbase product (NASDAQ: COIN), 2025-2026 launch |
| MiCA / License status | Not disclosed |
Plans & pricing
Strengths
- The only crypto credit card on the American Express network
- Zero FX markup (0%) and up to 4% cashback in BTC
- AmEx insurance protections included
- No notable sovereignty advantage documented.
Weaknesses
- Available only in the United States
- Requires a Coinbase One subscription (annual fee)
- Revolving credit: 19.49–29.49% APR and cash-advance interest from day one
- Traditional credit card: not self-custody — the account requires full KYC, a credit check, and can be closed or reported to credit bureaus by the issuer.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
The S tier comes from a rare product: the only crypto credit card on the American Express network, with 0% FX markup, up to 4% cashback in BTC, AmEx insurance protections and a listed, supervised issuer (SEC, NYDFS). The downside that weighs on the consumer is cost: the required Coinbase One subscription (the Basic plan, ~$50/year, suffices), US-only availability and its revolving nature, with 19.49-29.49% APR and cash-advance interest accruing from day one.
Through this lens the verdict collapses: it's a custodial, full-KYC credit card issued by a supervised public company — maximum traceability and exposure to counterparties and authorities. There's no self-custody or on-chain settlement, the BTC cashback comes from a centralised rail, and the revolving-credit logic is the antithesis of sovereign, censorship-resistant money.
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.
FAQ
Who can apply for the Coinbase One Card?
Only US residents enrolled in Coinbase One, subject to a credit check.
Which network does the Coinbase One Card use?
American Express: it is the only crypto card on this network, with 0% FX markup.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jul 10, 2026
- finhacker.cz Valuation Data verified on Jun 14, 2026
- globaldata.com Legal name · Company type Data verified on Jun 14, 2026
- hackerone.com Bug bounty Data verified on Jun 14, 2026
Show 3 more sources
- nasdaq.com Stock ticker · Stock listing · IPO date Data verified on Jun 14, 2026
- nerdwallet.com Cashback cap · Cashback valuta Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026