Coinbase Credit Card Review: Pros & Cons

Coinbase Credit Card Review
Coinbase Credit Card Review

Coinbase Credit Card Review – A common debate for regular money (likewise referred to as fiat currency) rather than cryptocurrency is that you can’t utilize cryptocurrency to purchase grocery stores and various other day-to-day products. Well, with using a cryptocurrency debit card, you can. This is a review of Coinbase Card, one of the crypto debit cards available.

General details

Coinbase Card is a card from Coinbase, among the globe’s largest crypto systems. To be extra particular, the European version of the card is provided by Paysafe Financial Services Limited (a company being accredited by the UK Financial Conduct Authority under the Electronic Money Regulations 2011 FRN: 900015 for the providing of the cybercash as well as repayment tools.

This card is (certainly) a VISA-card. This suggests that you can use the card at any factor of settlement that approves VISA. This is naturally a terrific benefit, seeing that VISA (and Mastercard) are one of the most widely approved cards on the planet. The latest figure that we heard of was that VISA-cards were approved by greater than 42 million vendors worldwide.

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Different from many other crypto debit cards, Coinbase Card sustains Google Pay. At the day of last upgrading this evaluation (23 January 2021), Apple Pay was nevertheless not supported.

Coinbase Card Overview

Card Type VISA
Wallet Included No
Funding Methods Wire Transfer / Credit Card
Issuance fee £4.95 / 4.95€
ATM or OTC (Over The Counter) Domestic Withdrawal Fees
For withdrawals: £200 / 200€ and below (FREE)
ATM or OTC (Over The Counter) Domestic Withdrawal Fees Above £200 / 200€ 1% of the amount withdrawn
International Withdrawal Fees *per month For withdrawals*: £200 / 200€ and below or currency equivalent (FREE)
ATM or OTC (Over The Counter)
International Withdrawal Fees
*per month
Above £200 / 200€ or currency equivalent
Domestic Purchase Transaction Fee FREE
Intra-EEA Purchase Transaction Fee 0.20% of POS transaction value
International Purchase Transaction Fee 3% of POS transaction value (per transaction)
Card Replacement Fee £4.95 / 4.95€
Crypto Liquidation Fees 2.49% of Transaction
Daily ATM Withdrawal Limit £500
Spending Limit Daily£10,000

Coinbase Pros & Cons


  • Coinbase has actually never faced any type of significant safety occurrences that led to loss of individual funds
  • Supports every one of the significant cryptocurrencies
  • Attaches straight with your Coinbase account
  • Can be made use of at basically all merchants and Atm machines all over the world


  • Fees are a bit high for converting crypto to fiat money to be made use of on the card
  • Not offered in all territories
  • No extra advantages like free Netflix or reduced trading fees

Coinbase Card Qualities

Have a look at a few of the functions that the Coinbase card uses.

$ 0 Annual Fee

The Coinbase debit card has no annual cost, making it among the most favored crypto debit cards. You can shop at your favored shops and also gain incentives, and you do not need to pay a yearly charge.

Supports Several Cryptocurrencies

The Coinbase budget supports a broad option of cryptocurrencies, including:

  • Bitcoin
  • Ethereum
  • Excellent Lumens
  • Bitcoin Cash
  • Surge
  • Litecoin
  • Dogecoin

Despite the fact that the Coinbase purse sustains several coins, bear in mind that you can just make benefits for bitcoin (BTC) and Excellent Lumens (XLM).

Durable Safety and security

With the Coinbase debit card, you don’t have to bother with shedding your digital properties due to the fact that Coinbase has extensive safety and security to keep your coins secure. Plus, it has a two-step confirmation and also you can instantly freeze your account if you suspect it has actually been jeopardized.

Generous Rewards

As pointed out previously, the Coinbase card allows you gain incentives every single time you purchase at your favored stores. You can make as much as 4% crypto-related rewards, consisting of 1% back in Bitcoin and 4% back in XLM.

Coinbase will certainly disburse your rewards when a deal is complete. It will usually take anywhere in between one to five days for the benefits to strike your account, however it the exact times will certainly depend on the merchant.

Contactless Repayments

You can make contactless repayments using the Coinbase card at your preferred shops, offered that the shop has a near-field interaction, additionally called NFC, incurable allowed.


When it pertains to charges, the Coinbase card stands apart. From the no card issuance cost to no yearly fee, you’re likely to obtain one of the most out of it without racking up yearly fees. Nonetheless, you’ll still sustain some fees based upon exactly how you utilize the card.

Coinbase will bill you a 2.49% deal fee for every acquisition, consisting of ATM withdrawals. For example, if you invest $200 of Bitcoin using your Coinbase card, you’ll incur a 2.49% fee, which is $4.98.


Coinbase has an intuitive mobile application that makes it easy to manage your costs on the go. You can track your investing behaviors, balance, switch incentives and also change card settings right from your phone.

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One more interesting function regarding the Coinbase card app is the ability to pick the crypto you wish to spend. You can likewise turn on application alerts to make sure that you do not miss out on any essential information.

Summary as well as Verdict

The Coinbase card is a VISA-type card that makes it possible for users to straight utilize it to acquire goods and solutions without bothering with preloading the card with cash money. The feature immediately converts the cryptocurrency to fiat money (GBP).

Nevertheless, it has a lot of fees troubled transactions. Having this card can be practical, but keeping it is costly as a result of liquidation costs and proportional costs for acquisitions of items as well as solutions.

Thus, the Coinbase card has its rewards, however the disadvantage is its pricey upkeep due to costs imposed.

Coinbase Visa Card Frequently Asked Questions

My Coinbase Visa card was decreased. What can I do?

If you tried to utilize your Coinbase Visa card as well as the charge was decreased, then there are a few various issues that can have occurred. First, you’ll wish to make sure that your card has been triggered. When you’ve validated the card is energetic, you’ll then intend to check your Coinbase account to ensure you have funds readily available. Thirdly, you need to examine to make sure that you have funds offered in the particular cryptocurrency that you have actually chosen as the budget to money your card’s investing. One last thing you can examine is to see to it you have not reached your investing limitation for the month. If none of these concerns seem to be triggering the trouble, after that your best bet will be to get in touch with Coinbase Assistance.

What are the charges associated with the Coinbase Visa card?

There are a number of various charges to think about when it involves the Coinbase Visa card. Initially, there is a 4.95 EUR fee just to get the card shipped to you to begin with. There is likewise a 1% cost affixed to cash withdrawals from ATMs, but the first 200 EUR withdrawn monthly does not have actually any kind of fees attached to it. Nevertheless, it must be remembered that atm machine provider usually charge costs of their very own.

While there are no extra charges on acquisitions made locally, international purchases bring a 3% charge.

If you ever before require your card to be changed, after that you’ll need to pay one more 4.95 EUR.

Can I obtain a Coinbase Visa card without verification?

No, you will require to have a verified Coinbase account in order to make use of the Coinbase Visa debit card. If you’re having trouble with the confirmation process, after that you’ll need to call Coinbase Assistance.

Is the Coinbase Visa card readily available in the USA?

Yes the Coinbase Visa card is available in every US state with the exception of Hawaii.


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