What is the cost of using Coinbase Card for international purchases?

2 answers

• GirishAug 21, 2024 · 2 years ago
  Using Coinbase Card for international purchases incurs several costs. Firstly, there is a foreign transaction fee of 2.49% for each transaction made in a currency other than the card's base currency. Additionally, Coinbase charges a spread of 0.5% to 2% on the exchange rate for converting the transaction amount into the card's base currency. This spread varies depending on market conditions. Lastly, if you withdraw cash from an ATM abroad, there may be additional fees imposed by the ATM operator or the card issuer. It's important to consider these costs before using Coinbase Card for international purchases.
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• Santiago herediaMay 19, 2021 · 5 years ago
  Using Coinbase Card for international purchases comes with certain costs. Coinbase charges a foreign transaction fee of 2.49% for each transaction made in a currency other than the card's base currency. Additionally, there is an exchange rate spread of 0.5% to 2% applied to the transaction amount when converting it into the card's base currency. This spread can vary depending on market conditions. It's important to note that these costs are in addition to any fees imposed by the merchant or ATM operator. While Coinbase Card offers convenience, it's essential to consider these costs and compare them with other options available to ensure you're getting the best deal.
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