does coinbase have a debit card

Coinbase offers the Coinbase Card, a Visa debit card linked to your Coinbase account, allowing you to spend your cryptocurrency balances directly at any merchant accepting Visa.

Nov 06, 2024 at 09:50 am

Do Coinbase Have a Debit Card?

1. Overview

Yes, Coinbase offers a debit card called the Coinbase Card. It is a Visa card linked to your Coinbase account, allowing you to spend your cryptocurrency balances directly at any merchant accepting Visa.

2. Features

• Spend cryptocurrency directly without converting to fiat currency.
• No fees on transactions in USD or EUR.
• 4% cashback rewards in cryptocurrency on eligible purchases.
• Real-time transaction notifications.
• Mobile app for card management.

3. Eligibility and Requirements

• Coinbase account in good standing.
• Identity verification (KYC) completed.
• Legal residency in a supported country (currently US and some European countries).
• Supported cryptocurrency balance in your Coinbase account.

4. How to Apply

• Log in to your Coinbase account.
• Go to the "Cards" section.
• Click "Apply for a Coinbase Card."
• Follow the on-screen instructions to provide your personal information and consent to the cardholder agreement.
• Wait for card approval, which typically takes a few days.

5. Card Activation and Use

• Once approved, your Coinbase Card will be mailed to you.
• Activate the card by logging in to your Coinbase account, going to the "Cards" section, and selecting "Activate Card."
• Enter the last four digits of your card and the activation code provided on the packaging.

6. Benefits

• Frictionless cryptocurrency spending at physical and online stores.
• Rewards in cryptocurrency for everyday purchases.
• Convenient access to Coinbase account funds.

7. Conclusion

The Coinbase Card is a convenient and rewarding way to spend your cryptocurrency balances. It eliminates the need for converting to fiat currency, offers cash back rewards, and allows you to access your crypto funds easily. However, eligibility requirements and supported countries may vary, so it's essential to check the Coinbase website for the latest information.