Coinbase Debit Card Review - Are it's Crypto Rewards Worth It?

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Coinbase Debit Card Review - Are it's Crypto Rewards Worth It?

Рет қаралды 28,659

Күн бұрын

🌐 In this Coinbase card review we're unboxing the new Coinbase card and exploring all the card's rotating rewards, cash back, and other features. 🔽🔽🔽
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☑️ Coinbase Debit Card Review - Video Timestamps:
0:00 - Coinbase Debit Card
0:19 - Coinbase Card Explained
0:59 - U.S. Rewards
1:13 - Coinbase Virtual Card
1:34 - Coinbase App Tutorial
2:05 - Coinbase Card Rewards
2:45 - Managing Your Card
3:35 - How To Spend Your Crypto
3:54 - Coinbase Card Fees
4:13 - Crypto Assets
4:57 - How To Add Funds
5:37 - How To Add Crypto
6:01 - Coinbase Rewards Explained
6:43 - Coinbase Direct Deposit
7:11 - Is The Coinbase Card Worth It?
7:49 - Crypto.com Debit Cards
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★ INVESTING DISCLAIMER: This video, and KZfaq channel, are educational and NOT financial or investing advice. I am not an investing professional nor do I offer suggestions on individual stocks. I share my opinions and experience on investing apps and platforms. Please invest at your own discretion.
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About this video:
In this Coinbase card unboxing, Erik from Everyday Investing breaks down the new Coinbase crypto card and what makes it one of the best crypto cards for Coinbase users. But despite its rewards and features, is the Coinbase Visa card really the best crypto debit card for investors? Well, you may want to watch my Crypto.com card review video to compare them.
* Sponsorship Disclaimer:
Today's video is not sponsored and all the opinions expressed in this video are from my own thoughts and experience.
**Affiliate Disclosure:
This video and description contain affiliate links. As an Amazon Associate and an affiliate of other companies, I earn fees from qualifying purchases and referral commissions from qualifying leads and registrations.
If you have any questions about this Coinbase tutorial or crypto cards feel free to drop me a comment below and I will do my best to answer it as soon as possible!
#Coinbase #CoinbaseApp #CoinbaseReview

Пікірлер: 64

@EverydayInvesting 2 жыл бұрын

🛑 Full Coinbase Review: kzfaq.info/get/bejne/prqJf9t4yrK5dZ8.html ✅ My Coinbase Tutorials: kzfaq.info 💎 Best Crypto Sign-Up Bonuses: investingapps.com 💰 More Crypto App Reviews: kzfaq.info

@EverydayInvesting 2 жыл бұрын

Yes, there is no 4% rewards option this month as the rewards do rotate every month. Since reward amounts can change on a month to month basis I don't know if or when the 4% back options will return. Perhaps it could be gone. It would definitely be nice if they changed to a fixed reward rate instead of rotating amounts.

@armandoangeljr4464 2 жыл бұрын

Coinbase just reactivated their 4% rewards using XLM. Finally! I can use this card again! 😂

@SandStormXII Жыл бұрын

yup

@sarasotamechanic3507 Жыл бұрын

1% NOW

@rayromada358 Жыл бұрын

How do you actually use the rewards ???

@Sincerit Жыл бұрын

No more

@Likemikemike 2 жыл бұрын

So do we add cash and use it as a traditional debit card to get rewards ?

@EverydayInvesting 2 жыл бұрын

Yes, you've got it. It is a debit card that can earn your crypto rewards. You can have it pull from either one of your crypto wallets or your fiat wallet 👍

@R3V0_777 Жыл бұрын

Outstanding information. Thank you!

@anthonydavis9074 Жыл бұрын

Excellent information.. Thanks!

@peytonguy1782 2 жыл бұрын

I want to transfer money from my bank to my Coinbase Debit Card so I can start getting rewards. I want it to be stable, should I load it to US Dollar or USD Coin? I'm not really sure the difference

@jimkennedy1733 Жыл бұрын

The only difference I took from the video is if you want money(fiat) available to spend you can transfer it to the card so it's readily available. Or you can choose to load the transferred amount to the usdc and just choose that option as your spending option

@GuyTony 2 жыл бұрын

Doesn’t using the card and choosing to spend a crypto asset create a taxable event?

@EverydayInvesting 2 жыл бұрын

Yes it does when spending a crypto asset. I think it's a good card to have in case you ever need to access your crypto funds quickly in an emergency, but you're right, that's definitely something to take into consideration.

@MUDDYMULLINS99 2 жыл бұрын

Use USDC

@lonzomarshalllll230 Жыл бұрын

Its recommended to use USDC ...

@user-de3pu2gu2i 10 ай бұрын

@@MUDDYMULLINS99why

@user-de3pu2gu2i 10 ай бұрын

@@lonzomarshalllll230why

@pattimurphy5151 Жыл бұрын

Is it a taxable event every time you sell and use your Visa Coinbase card?

@jamcranosvlogs6508 6 ай бұрын

With purchases under 20k no

@theomartin7339 Жыл бұрын

I love my Coinbase visa card. I use USD to spend and receive paycheck the cash back earns the crypto and accumulates. Very nice.

@alejandroordaz8751 5 ай бұрын

Im planning on trying any tips on what not to do?

@Marsh1983 6 ай бұрын

How does it calculate buying a tin of beans in the UK with BTC?

@moderngunguy3666 10 ай бұрын

Why would you add cash I thought you were spending your Bitcoin or whatever coin you have

@codybethel4142 4 ай бұрын

You could, but it’s better to just use cash that way you’re not pulling from your investments. Plus you could get taxed heavily for pulling from your investments.

@thepunish3r735 8 ай бұрын

So to put 150 bucks on the card …3.50 in transaction fees ….and with the 0.5 rewards ..I can get 75 cents in rewards after the 3.50 fee , that I could of just used to buy the rewards for cheaper 🤦🏻‍♂️

@koolitsa 3 ай бұрын

Thank you!!!

@MrThe1234guy 2 жыл бұрын

No more 4% rewards ending June 10th now it will be 1 or 2% only

@armandoangel2228 2 жыл бұрын

You might as well just use a 2% cash back credit card like the Citi Double Cash! I also have a Discover Cashback Debit Card that gives me 1% cashback and while it's less, the money is 100% FDIC insured and won't fluctuate in value! Coinbase is pretty much going the way of the dodo for me!

@CryptoNightshade 2 жыл бұрын

Yes 2% is not enough for me to go through the trouble of loading it and using it for my purchases. I hope everyone stops using it until they bring back 4% if they ever will.

@cswave2904 2 жыл бұрын

Yeah, really sucks. Oh well the 4% was nice while it lasted

@EverydayInvesting 2 жыл бұрын

Yes, the rewards do rotate every month. It's true there is no 4% category this month but it could definitely come back in future months. Their website still advertises the card as up to 4% cash back. So I think we just have to keep an eye out each month for the new rewards. But I agree, I hope they bring back the 4% on a more consistent basis as well!

@mikecoolwind7039 Жыл бұрын

It does not sound like you have used the card

@sebastianavila4062 Жыл бұрын

So do you HAVE to pay taxes on this?

@freetrailer4poor Жыл бұрын

If you use usdc i would think not. Also there is no fee with usdc. You can use any crypto but you have to pay high fees.

@solo022667 Жыл бұрын

What about the capital gain taxes? If I purchase TV with this debit card using BTC that I gained from it. I don’t have to pay taxes since I bought the T with that capital gain ?

@thepunish3r735 8 ай бұрын

No ….cash only …using crypto is a taxable event on every purchase since they sell it to pay it in cash on their end

@erikescalet 3 ай бұрын

Use a stable coin. U shouldn't use btc unless it's an emergency.

@darkphantom8207 7 ай бұрын

There are hidden fees when u use it in europe, netherlands, germany, belgium?

@newbeginnings9457 2 жыл бұрын

One word- UNLINKED 🤦‍♂️ over and over again from your bank. Ridiculous

@darior594 2 жыл бұрын

If you buy crypto from coinbase using the coinbase debit, are the fees waived?

@EverydayInvesting 2 жыл бұрын

No, I believe fees will still apply in this case. The card won't have any fees, the fees would be coming from the Coinbase app/exchange.

@Marsh1983 6 ай бұрын

Is there a spending limit?

@joeymontoya555 Жыл бұрын

I'm not getting 4% next month all crypto is 1%. Is that happening with you?

@tebbieboi8554 Жыл бұрын

whats the card made of?

@sarasotamechanic3507 Жыл бұрын

PLASTIC

@bellomuhammed637 2 жыл бұрын

Can you send bitcoin to other Wallet from the card without buying asset first

@Sincerit Жыл бұрын

Huh? You’re a question don’t make any sense.

@wimbrems7091 5 ай бұрын

cant find the cashback feature

@drtasty4488 5 ай бұрын

They took it out cause I can’t find it either

@SoloTravelBlog 2 жыл бұрын

This video is already obsolete. There is no 4% option anymore

@EverydayInvesting 2 жыл бұрын

It is not obsolete. Like I said, the rewards do rotate every month. There is no 4% category this month but the reward amounts and coins can change on a month to month basis. The reward rate is just variable. But I agree it definitely would be nice if they left a fixed 4% reward option every month.

@RealityTrailers 2 жыл бұрын

Obsolete? Compared to what?

@Hero-cc Жыл бұрын

Goofy