Cardless to Launch Coinbase Amex Card
Coinbase has teamed up with Cardless and Amex to launch its first credit card, the Coinbase One Card. The Coinbase One Card will offer up to 4% Bitcoin back on every purchase and issued by First Electronic Bank.
The card will be exclusively available to Coinbase One members in the U.S., and more details will be available this fall. The waitlist opened today at coinbase.com/creditcard.
“American Express views crypto and blockchain technologies as part of the evolving financial infrastructure with real potential to deliver faster, more efficient ways to move value,” said Luke Gebb, EVP, Amex Digital Labs. “Our focus is on practical, compliant applications that create long-term value for customers. The new Coinbase One Card will benefit from Amex’s secure, innovative network, designed to deliver trusted, seamless experiences for Card Members in an evolving payments landscape.”
Cardless recently loosened its strict rule of one credit card per lifetime.
