Coinbase, Exchanges

Is Coinbase Card Good?

A Coinbase Card is a Visa debit card that allows you to spend your cryptocurrency anywhere Visa is accepted. You can use your card to pay for goods and services online and in-store, just like any other debit card.

The card is linked to your Coinbase account, so you can easily spend your crypto without having to convert it back to fiat currency first.

There are a few things to consider before using a Coinbase Card, such as fees, limits, and whether it’s available in your country. In this article, we’ll take a look at all of these factors so you can decide if a Coinbase Card is right for you.

Coinbase Card Fees

There are three types of fees associated with using a Coinbase Card: spending fees, ATM withdrawal fees, and international transaction fees.

Spending Fees: When you use your Coinbase Card to make a purchase, you’ll be charged a 2.49% fee.

This is similar to the fee you’d pay when using a foreign currency debit card.

ATM Withdrawal Fees: You can withdraw cash from an ATM using your Coinbase Card, but there is a fee of $2.50 per withdrawal.

This is on top of any fees charged by the ATM itself.

International Transaction Fees: If you use your Coinbase Card outside of the United States, you’ll be charged a 3% fee on all transactions. This is in addition to any spending or ATM withdrawal fees.

Coinbase Card Limits

There are two types of limits associated with using a Coinbase Card: daily limits and monthly limits. Daily limits are the maximum amount you can spend or withdraw in one day, while monthly limits are the maximum amount you can spend or withdraw in one month.

Both limits can be increased by verifying your identity with Coinbase.

Daily Limit: The default daily limit for spending is $500 USD (or the equivalent in other currencies). The default daily limit for ATM withdrawals is $200 USD (or the equivalent in other currencies).

These limits can be increased by verifying your identity with Coinbase.

Monthly Limit: The default monthly limit for spending is $10,000 USD (or the equivalent in other currencies). This limit can be increased by verifying your identity with Coinbase.

There is no monthly limit on ATM withdrawals.

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