Coinbase plans to launch an American Express card that offers up to 4% Bitcoin cashback

ChainCatcher news, according to Coindesk, Coinbase plans to launch a brand new American Express card in the U.S. this fall. This card features hexadecimal data from the Bitcoin genesis block, paying tribute to the origins and ideals of cryptocurrency. The product is available only to Coinbase One subscription users and offers up to 4% Bitcoin cashback, adjusted based on the assets held. Cardholders do not have to pay foreign transaction fees and can use bank accounts or cryptocurrency on the platform to pay off the balance.