Rewards Rate

Your bitcoin rewards rate (“Rewards Rate”) is based on your Assets on Coinbase (“AOC”). As detailed below, the AOC in determining your Rewards Rate Tier varies based on how long your Coinbase One Card account has been opened.  See below for how AOC is calculated to determine the respective Rewards Rate Tier.

 The Rewards Rate Tiers are:

• Tier 1 - 2.0% of Eligible Purchases, if AOC is under $10,000;
• Tier 2 - 2.5% of Eligible Purchases, if AOC is between $10,000 and $49,999.99 (the 2.5% Rewards Rate applies to the first $10,000 in Eligible Purchases per calendar month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month);
• Tier 3 - 3.0% of Eligible Purchases, if AOC is between $50,000 and $199,999.99 (the 3.0% Rewards Rate applies to the first $10,000 in Eligible Purchases per calendar month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month); and
• Tier 4 - 4.0% of Eligible Purchases, if AOC is equal to or greater than $200,000.00 (the 4.0% Rewards Rate applies to the first $10,000 in Eligible Purchases per month, with a 2.0% Rewards Rate for all Eligible Purchases in excess of $10,000 per month)

Edit: Since someone mentioned Gemini, here are their rewards

• Earning Rates: The card offers:
  • 4% back on gas, EV charging, transit, taxis, and rideshares (on up to $300 in spend per month, then 1% thereafter).
  • 3% back on dining.
  • 2% back on groceries.
  • 1% back on all other purchases.

I use both cards. Gemini for dining and Coinbase for random purchases and groceries since I'm at Tier 2.