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From the Coinbase website:
Introducing Coinbase Card
A new way to spend crypto and earn crypto rewards. Coinbase Card waitlist is currently available in all US states except Hawaii. We are always working to bring our services to all our users.
Spend crypto, earn crypto
Coinbase Card is a VisaÂŽ debit card that lets you spend any asset in your Coinbase portfolio and earn rewards for each purchase.
Spend crypto
You can spend crypto everywhere VisaÂŽ debit cards are accepted.
Earn crypto rewards
Earn up to 4% back in rewards whenever you make a purchase.
No annual fee
Coinbase Card has no annual fee or sign up fee.
Phone and email support
Reach out to us whenever you have a question.
From the Coinbase blog:
You can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend cryptoš at home and on the go. Starting this week, weâll invite select US customers off the waitlist to begin earning up to 4% back in crypto rewards². If youâre already on the waitlist for Coinbase Card, youâll soon receive an invitation to apply.
Earn up to 4% in crypto rewards on all your shopping
Mobile phone payments are growing steadily in the US, up 29% in 2020. Millions of people around the world use Apple Pay or Google Pay for everyday purchases, from grocery deliveries to pet supplies to home office goods. Now, you can earn up to 4% back in crypto rewards on this shopping when you use your Coinbase Card with Apple Pay or Google Pay.Âł Splurging for guacamole with your Coinbase Card is a no-brainer when you can earn 1% back in Bitcoin or 4% back in Stellar Lumens.
Set up is simple
If youâre already on the Coinbase Card waitlist, youâll soon receive your email invitation and will complete a quick application. Coinbase Card is a debit card so signing up will not impact your credit score and there are no application fees. If youâre not on the waitlist, join here.
Once youâre approved for your card, you can easily begin spending with Apple Pay and Google Pay â thereâs no need to wait for your physical card. Even when it arrives, you donât have to worry about carrying it around at all times. Plus, Apple Pay and Google Pay use tokenization to keep your card information safe and enable secure purchases.
If youâre a Google Pay user, you can add your Coinbase Card from the Google Pay app. If youâre an Apple Pay user, you can add your card from the Apple Wallet app or from within the Coinbase app. On the iPhone, Apple Pay is easy to set up: simply open the Wallet app, tap +, and follow the steps to add your card.
Within the Coinbase app, youâll have the option to add your card to Apple Pay as soon as youâre approved for your card. You can also add your card to Apple Pay within settings: from your card home, tap Manage then tap Add to Apple Wallet.
Spend crypto anywhere, earn crypto rewards everywhere
Using Coinbase Card with Apple Pay and Google Pay makes it even easier to spend and grow your crypto. This is just the beginning â weâll continue to build more ways for you to maximize crypto rewards and easily use crypto in your everyday life.
Spend crypto everywhere Visa debit cards are accepted, worldwide: Coinbase Card account holders can spend using funds from their Coinbase wallets without having to manually move funds to their other bank accounts. Cryptocurrency is converted to US dollars prior to completing purchases and ATM withdrawals.
Earn up to 4% back in crypto rewards: Earn rewards using cryptocurrency through daily spending. At launch, customers can opt to earn 4% back in Stellar Lumens (XLM) or 1% back in Bitcoin (BTC).
Seamless card management: Manage spending and rewards preferences directly through the Coinbase app. Customers can opt to spend stablecoins like USD Coin or other specific cryptocurrencies with the touch of a button.