The post Coinbase Enters the Credit Market With Bitcoin-Backed American Express Card appeared on BitcoinEthereumNews.com.

Fintech Coinbase has officially stepped into the world of credit cards with the launch of its Coinbase One Card* – a new Bitcoin rewards credit card issued by First Electronic Bank and operating on the American Express network. The product marks Coinbase’s most significant crossover into traditional finance yet – transforming the way its customers can earn and spend cryptocurrency in everyday life. Turning Membership Into a Credit Experience Available exclusively to Coinbase One members, the card rewards users with up to 4% back in Bitcoin for every purchase. Rewards are automatically credited to the user’s Coinbase Digital Asset Wallet, giving members an easy way to accumulate crypto while spending normally. 💥BREAKING: 🇺🇸 COINBASE & AMERICAN EXPRESS OFFICIALLY LAUNCH ‘COINBASE ONE CARD’ IN THE US, OFFERING UP TO 4% BITCOIN BACK ON ALL PURCHASES. pic.twitter.com/fpn8Q9zP7F — Crypto Rover (@cryptorover) October 22, 2025 The card carries no annual or foreign transaction fees, but access requires a Coinbase One subscription. The entry-level membership, priced at $49.99 per year, already includes perks such as zero trading fees and priority customer support – now joined by the credit card as an additional benefit. Unlike Coinbase’s earlier debit offering, this is a true credit card – with revolving balances, purchase protections, and full acceptance wherever American Express cards are used worldwide. American Express Enters the Crypto Scene This partnership is not only a milestone for Coinbase but also a historic step for American Express, which is powering its first-ever crypto rewards product. The collaboration combines traditional credit infrastructure with the appeal of digital assets, signaling that mainstream financial networks are increasingly open to blockchain-based rewards systems. For Coinbase, the partnership enhances its goal of creating a unified financial ecosystem where customers can trade, hold, and spend crypto within familiar payment frameworks. Facing Off Against the…

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Filed under: News - @ October 22, 2025 10:25 pm