# Coinbase One Card Review | Best Crypto Credit Card? Source: https://www.youtube.com/watch?v=Sk8IYJuQLhs Recap page: https://rapidrecap.app/video/Sk8IYJuQLhs Generated: 2025-11-10T23:11:58.06+00:00 --- ## Quick Overview The Coinbase One Card is a worthwhile credit card for users who consistently pay their balance in full monthly, as it offers up to 4% back in Bitcoin rewards across four tiers based on assets held on Coinbase, and crucially, it avoids impacting the user's credit score through soft credit inquiries during approval. **Key Points:** - The Coinbase One Card offers up to 4% Bitcoin back on eligible purchases, with rewards tiered based on the user's assets held on Coinbase (Tier 1: 2.0% up to $10k in assets; Tier 4: 4.0% for $200k+ in assets). - The card is issued by First Electronic Bank of Utah and uses the American Express payment network. - Applying for the card only requires a soft credit inquiry, meaning it does not impact the user's credit score, whether approved or denied. - The card must be paid off in full every month to avoid high-interest charges, which would negate the rewards benefits. - Rewards are paid out in cryptocurrency (specifically Bitcoin, though the speaker mentions other options are available on other cards), which the speaker considers an investment. - Coinbase One membership, which is required for the card, starts at $4.99/month or $49.99/year, and the card itself has no annual fee contingent on this membership. - The speaker personally recommends the card for financially savvy users who manage their balances responsibly, calling it a 'killer' crypto credit card. ![Screenshot at 00:02: The Coinbase One Card advertisement displaying the main incentive: "Earn up to 4% bitcoin back on every purchase."](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-00-02.png) **Context:** This video provides a detailed review of the Coinbase One Card, a credit card offering cryptocurrency rewards, specifically Bitcoin back on purchases. The presenter analyzes the card's features, rewards structure based on tiered asset holdings on Coinbase, and the application process, contrasting its benefits against traditional rewards cards while emphasizing the importance of responsible debt management. ## Detailed Analysis The video reviews the Coinbase One Card, concluding it is a 'killer' crypto credit card for users who pay their balance in full monthly. The card offers up to 4% back in Bitcoin rewards, tiered based on the user's assets held on Coinbase. Tier 1 (under $10,000 in assets) yields 2.0% back, Tier 2 ($10k to under $50k) yields 2.5%, Tier 3 ($50k to under $200k) yields 3.0%, and Tier 4 ($200k+) yields 4.0% back on all eligible purchases. A critical advantage highlighted is that the application process only involves a soft credit inquiry, thus not impacting the applicant's credit score regardless of approval status. The card is issued by First Electronic Bank of Utah and runs on the American Express network, granting users access to Amex benefits like fraud and identity theft protection. The presenter stresses that the primary downside is the potential for high-interest charges if balances are not paid in full monthly, which would erase the value of the crypto rewards, especially since the rewards are paid in volatile assets like Bitcoin. To access the card, users must subscribe to Coinbase One, which costs $4.99/month or $49.99/year, although the card itself is advertised as having no annual fee with the membership. ### Card Overview & Rewards Tiers - Up to 4% Bitcoin back - Rewards tiered based on Coinbase assets ($10k to $200k+ tiers) - Rewards paid out in cryptocurrency (Bitcoin is the default). ### Fees and Requirements - No annual fee with Coinbase One membership ($4.99/month or $49.99/year) - Must pay balance in full monthly to avoid negating rewards via interest. ### Credit Impact & Issuance - Application uses a soft credit inquiry, meaning no impact on credit score regardless of approval - Card issued by First Electronic Bank (Utah) on the American Express network. ### Key Benefits - Access to Amex benefits like fraud and identity theft protection - Sign-up bonus potentially available via the presenter's affiliate link if the user does not already have a Coinbase Exchange account. ![Screenshot at 00:02: Coinbase One Card advertisement showing the offer to "Earn up to 4% bitcoin back on every purchase."](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-00-02.png) ![Screenshot at 00:24: A close-up of a mobile phone screen showing the process of sending cryptocurrency \(0.92655141 ETH\).](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-00-24.png) ![Screenshot at 00:43: A smartphone screen displaying a digital wallet icon, symbolizing mobile payment or cryptocurrency management.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-00-43.png) ![Screenshot at 01:22: A graphic overlay detailing the Coinbase One membership benefits, showing "No annual fee with Coinbase One" and "No foreign transaction fees".](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-01-22.png) ![Screenshot at 01:36: The Coinbase One pricing structure showing tiers starting at $4.99/month for the Basic plan.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-01-36.png) ![Screenshot at 03:03: A pile of physical Bitcoin and other cryptocurrency coins fanned out over US dollar bills, illustrating crypto rewards.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-03-03.png) ![Screenshot at 03:32: A person signing a physical document on a clipboard, representing the application process.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-03-32.png) ![Screenshot at 03:41: A holographic, glowing Bitcoin symbol floating above a digital platform, representing the crypto rewards aspect.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-03-41.png) ![Screenshot at 04:38: A blurred screenshot of a Bitcoin price chart showing significant growth over five years.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-04-38.png) ![Screenshot at 04:50: The presenter holding up the book "From side hustle to main hustle to Millionaire," promoting his own content.](https://ss.rapidrecap.app/screens/Sk8IYJuQLhs/00-04-50.png)