Coinbase crypto card – the best option for US residents

Coinbase Card is a convenient tool created by one of the world’s most renowned cryptocurrency companies — Coinbase. Founded in 2012 in San Francisco, the company became a pioneer in providing legal and secure access to cryptocurrencies for the mass user. Its mission is to make the financial system more transparent, accessible, and inclusive, and today Coinbase serves tens of millions of customers in more than 100 countries.

The Coinbase ecosystem includes a convenient exchange platform for buying and selling cryptocurrencies, a powerful mobile app, a wallet with Web3 support, solutions for institutional investors, and tools for passive income through staking. The company pays great attention to compliance with international regulatory requirements and asset security: customer funds are stored in cold wallets, and the platform itself undergoes regular audits.

Coinbase Card organically complements this ecosystem, allowing holders to use cryptocurrency not only for storage or trading but also for daily spending. The card supports instant conversion of cryptocurrencies into fiat, making payments simple and understandable, and also offers cashback in cryptocurrency, which encourages active use.

Features

Coinbase Card is a Visa debit card that allows users to:

• Spend cash or cryptocurrency: The card is accepted everywhere Visa cards are accepted.
• Earn crypto rewards of up to 4% per purchase: Users can earn cryptocurrency directly through their everyday spending.
• Enjoy no hidden fees: No spending fees and no annual fees.
• Manage rewards: Users can choose from a list of available cryptocurrencies to receive rewards and change their selection at any time.
• Easily top up the card: Link a bank account or set up a direct deposit of a portion of your salary to Coinbase with no fees.
• Stay secure: 2FA, card freezing, PIN reset, Visa Zero Liability protection.

We believe that cryptocurrency can accelerate economic freedom and Coinbase Card is an important step in that direction, giving users the ability to easily spend their digital assets in everyday life.

Brian Armstrong

CEO, co-founder of Coinbase

Coinbase Card simplifies the process of buying cryptocurrency and makes accumulating digital assets easier and less risky overall — Forbes Advisor on Coinbase Card.

How to apply for and get Coinbase Card?

Applying for the card is simple but requires verification. Here are the steps:

1. Register an account on Coinbase.com or through the mobile app — full verification (KYC) is required: passport, address, selfie.
2. Go to the “Card” section — click “Apply Now” or “Join the waitlist.”
3. After approval: Get a virtual card for instant use; a physical card is delivered within 10 days in the U.S.
4. Fund your account: Add funds to your Coinbase account via bank transfer or other available methods.
5. Activate the card through the app or web interface in the account section.

Coinbase Card provides convenience and flexibility in using cryptocurrencies in everyday life, allowing users to easily spend their digital assets and earn rewards on purchases.

Fees and limits

Understanding the fees and limits will help plan expenses effectively and avoid unexpected charges.

Fees:

• Monthly maintenance fee: none
• Crypto-to-fiat conversion fee: 2.49% — charged every time you pay in crypto
• ATM withdrawals:
  • up to $200/month – free;
  • over $200/month – 1% fee
• International transaction fee: additional fee may apply depending on the ATM or merchant network.

Limits:

• Daily spending limit: $2500
• Daily ATM withdrawal limit: $1000
• Minimum transaction amount: $1

These limits and fees may be changed by Coinbase in the future, so it is worth checking the up-to-date information on the official website before applying for the card.

Drawbacks

There are some inconveniences associated with using the Coinbase Card:

• Limited availability: The card is mostly available to U.S. residents (except Hawaii). Users in other regions may face difficulties registering or passing verification.
• Hidden costs: Conversion spread (~0.5–2.49%) is automatically included in the exchange rate and can be significant during volatile periods.
• Tax obligations: Each crypto transaction is a taxable event that needs to be documented.

Although Coinbase Card offers competitive terms for U.S. users, it is currently unavailable to residents of other countries. However, in the U.S. it is one of the most convenient tools for everyday crypto spending, given its integration with the popular Coinbase wallet.

Video reviews of the Coinbase Card