Coinbase Card for the US

Are you a Coinbase Card holder in the EU or UK?

This article is specific to Coinbase Card for the US. If you need support for Coinbase Card for the EU or UK, please see this help article.

Coinbase Card allows you to spend crypto or USDC anywhere VISA cards are accepted. You can use your card to spend any of the cryptocurrencies that you own. Crypto or USDC is drawn directly from your Coinbase account and used to fund your purchases. 

Coinbase Card US users will have the ability to earn rewards when spending with your Coinbase Card. The more you use your Coinbase Card, the more rewards you earn, which can accumulate over time. 

Signing up for Coinbase Card

Who will be eligible for a Coinbase Card in the US?

To be eligible, you must:

  • live in the US, excluding Hawaii

  • complete identity verification with Coinbase and our bank partner. This will occur during the application process and our team will reach out if there is more information needed. 

  • read and agree to be bound by the legal terms that apply to the Coinbase Card

If you live outside of the US, please see the Coinbase Card for the EU and UK help article. 

When will Coinbase Card be available in my country? 

Coinbase Card is currently available in the United States as well as select European countries. For more information on the countries where Coinbase Card is available outside of the United States, please visit Coinbase Card for the EU and UK help article. 

How do I apply for a Coinbase Card in the US?

If eligible, you can sign up for Coinbase Card through Coinbase.com or through our iOS app. Go to your "Home" tab, select "Apply now" under Coinbase Card, and follow the prompts to sign up. 

The criteria for the Coinbase Card is pre-determined by factors which include your US state of residence. Currently, we offer this product to customers in all US states, excluding Hawaii. 

There's no application fee or credit check to receive the card, but you must have a valid Coinbase account and have completed all identity verification steps. 

If you live outside of the US, please see the Coinbase Card for the EU and UK help article. 

I was approved for a Coinbase Card, when will I receive my physical card?

After you’re approved for the card, you can begin using your card immediately for online purchases by accessing the card info from your account. 

You should receive your physical card in the mail 7-10 business days after you’ve been approved. If you haven’t received your physical card after 10 business days, please reach out to our support team who will re-confirm your shipping address and issue a new card at no cost. 

How can I access Coinbase Card?

Once you’re approved, you can access your Coinbase Card on coinbase.com or our iOS app. We’ll be adding support for Android soon.

Why wasn't my identity verified?

Before being approved for the Coinbase Card, each customer must have their identity verified by our card partner. We’re working to expand access to Coinbase Card to more customers, and if your identity wasn't verified, we encourage you to try again in the future. 

Using Coinbase Card

How do I activate Coinbase Card?

After you’re approved for the card, you can begin using your card immediately for online purchases by accessing the card info from your account. Once you receive your physical card, you can activate it on coinbase.com or our iOS app. Log into your account, select "Coinbase Card," and follow the prompts to sign up. 

If there's a problem activating your card, call our support team at 1 (888) 908-7930.

Are there rewards for Coinbase Card?

You can select your preferred rewards offer from the options we provide. At launch you will be able to choose between receiving 4% XLM back or 1% BTC back on your purchases made with the Coinbase Card. 

Once you select a rewards offer it will apply to all of your card spending regardless of the crypto being sent. You can change your selected rewards option anytime directly from the app.

Rewards are disbursed once a transaction is complete. This happens within 1-5 days for most transactions, but can take longer depending on the merchant. Please note that there may be tax implications to earning rewards. Please see additional details in the Fees and Taxes section. 

Please note that ATM withdrawals and cash back transactions are not eligible for rewards.

Can I have multiple Coinbase Cards? 

You can only have one Coinbase Card because it is tied directly to your Coinbase Account. However, if your card is lost or stolen, please report it to Coinbase Support so you can get a replacement.

What if my card is lost or stolen? 

If your card is lost or stolen, you should immediately lock your card on coinbase.com or our iOS app. After doing so: 

You can report it as lost or stolen by doing the following

  1. Sign in to your account

  2. Select Coinbase Card

  3. Select manage card in the top right

  4. Report your card lost or stolen

  5. Follow the prompts

Our team will then deactivate your card and issue you a new card at no cost, which should arrive in 7-10 days.

Alternatively you can notify Coinbase Support to report your card as lost or stolen and a replacement card will be issued at no charge.

How do I set up or change my PIN? 

You can create or change your PIN on the iOS app by following the steps below:

  1. Go to the Home tab

  2. Select Coinbase Card

  3. Press manage card in the top right

  4. Press Change PIN

  5. Follow the prompts

If you forget your PIN, please call Coinbase Support at +1 (888) 908-7930.  

Can I use my Coinbase Card to withdraw cash from an ATM?

You can use the Coinbase Card to withdraw cash from an ATM, and Coinbase will convert funds from your spending wallet to process the withdrawal. Coinbase doesn't charge fees for ATM withdrawals, but the ATM terminal you use may charge fees.

What are the spending limits with Coinbase Card?

The spending limit for Coinbase Card US is $2,500 per day, and the max ATM withdrawal limit is $1,000 per day. 

Why is my spending balance lower than my asset wallet balance?

When you use a linked bank account as a payment method to deposit funds to your Coinbase fiat wallet or to purchase cryptocurrency, these funds are immediately available for buying and selling on Coinbase. However, for security reasons, you will be unable to immediately withdraw these funds, spend them using Coinbase Card or send from Coinbase.

You can see when deposited funds will be available for withdrawal or spending prior to authorizing a purchase or deposit, as well as on the confirmation email for the transaction. To view your current withdrawal availability time frame, login to your account - when attempting a send to an external wallet from Coinbase you will be presented with an option to see when funds will be available for this transaction. 

For more information on how to use a bank account, or when deposited funds are available for withdrawal, visit this help article.

Please note, if you have a current hold on your account, you won't be able to send funds off of Coinbase until your funds clear. Coinbase Support can't manually adjust this feature.

How do I change the funding wallet for my Coinbase Card? 

You can use the Coinbase Card to spend funds from any of your Coinbase wallets. To change your funding wallet, please follow the steps below:

  • Sign in to the iOS app

  • Go to the Home tab

  • Select Coinbase Card

  • Select Paying with

  • Choose Select asset

  • Choose the crypto that you’d like to pay with

  • Follow the remaining prompts

To avoid insufficient funds when attempting to spend, we recommend setting up recurring buys for your spending asset so you can automatically top-up a specified amount regularly.

Why is the pending amount larger than my transaction?

Some merchants—like gas stations and car rentals—will authorize a larger amount initially, but once the transaction settles for the correct amount, we'll return the excess funds to your spending wallet at the prevailing market price.

Why was my transaction declined? 

Transactions may be declined for several reasons:

  • If you have insufficient funds in your account

  • You surpass the spending limit of $2,500 a day

  • If you try to spend at a prohibited merchant category (see the bottom of this section for prohibited merchant categories)

  • If your transaction is deemed "high risk" 

If you feel that a transaction has been declined in error, please contact our support team.

How do I dispute a charge? 

You can dispute a transaction by scrolling to the bottom of this article and selecting "Contact us" to get in touch with Coinbase Support. 

Please note: 

  • The fastest way to resolve a dispute is to contact the merchant. When merchants initiate a refund, it can take 10 days to settle. If you’ve already done this and the issue isn’t resolved, you can dispute it by contacting  Coinbase Support. 

  • Please note, you'll lose any rewards you earned on this transaction. 

How do refunds work? 

After a merchant refunds your transaction, we'll add the refunded amount to your USD wallet in your Coinbase account. 

Please note, you'll lose any rewards you earned on this transaction. 

How do I make NFC mobile payments? 

Google Pay & Apple Pay will be initially unavailable but check back periodically as we’re constantly adding new features.

Where can and can't I use the Coinbase Card?

The Coinbase Card can be used anywhere that VISA is accepted, with the exception of the following prohibited merchant categories:

  • Security Brokers/Dealers

  • Dating/Escort Services

  • Massage Parlors

  • Betting/Casino Gambling

  • Non-FI, Money Orders

  • Wires, Money Orders

  • Government Owned Lotteries

  • Government Licensed Online Casinos (Online Gambling)

  • Government Licensed Horse/Dog Racing

  • Internet gambling

  • Money Services businesses

  • Cryptocurrency businesses

  • Firearm-related businesses (manufacturing and selling)

  • Marijuana-related businesses

Fees and Taxes

Are there fees for spending with the Coinbase Card?

Spending USDC with Coinbase Card has no fee, but using any other crypto has a 2.49% transaction fee on all purchases. We facilitate the sale of your cryptocurrency each time you make a purchase, which is why there's a fee for crypto purchases. 

For more information on fees, please visit our Pricing and Fees disclosure

What are the US tax implications of using the Coinbase Card?

The IRS classifies cryptocurrency as “property” for tax purposes. What this means is that each time you use your card and sell cryptocurrency, you will be treated as having sold property in a taxable transaction. Using your Coinbase card to make purchases is similar to selling your cryptocurrency on the Coinbase exchange. You will be required to report gains or losses from your use of the card on your tax return. So long as USDC trades at par with USD, the use of your card with USDC should not result in the recognition of gain or loss.   Please consult your tax advisor to evaluate how your use of the card affects your specific tax position. 

To make tracking these transactions easier, you can view your entire transaction history in your account, including the price of crypto sold at the time your Coinbase card was used to make a purchase. 

For more information, please see the Coinbase Crypto Tax Guide.

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