Coinbase Debit Card Limit: 2024 Guide

The Coinbase Card makes it easier than ever to spend cryptocurrency on day-to-day purchases. In this guide, we’ll break down the Coinbase debit card limit — and explain what you can do to increase your limit. 

What is the spending limit for the Coinbase debit card? 

Currently, the spending limit for the Coinbase debit card is $2,500 per day. The maximum ATM withdrawal is $1,000 per day. 

Is there any way to increase the Coinbase debit card limit? 

According to users on Reddit, it may take up to 5-7 days for Coinbase to give you the full spending limit of $2,500 for your debit card. Here are some steps you can take to ensure you get the full spending limit. 

• Ensure Your Account is Fully Verified: Complete all required verification steps on your Coinbase account, as higher levels of verification often lead to higher limits.
• Contact Support: Reach out to Coinbase's support team to inquire about a limit increase. Be prepared to provide any additional information they may require to process your request.

Currently, there is no way to increase the Coinbase Card spending limit above $2,500. 

How does the Coinbase Card work? 

The Coinbase debit card functions much like any other debit card with a twist: it allows you to spend any cryptocurrency supported by Coinbase! The card is linked to your Coinbase account, automatically converting your digital currency to fiat currency at the point of sale. 

The Coinbase Card enables you to make purchases with crypto online and in-store — anywhere Visa is accepted. 

The Coinbase Card offers rotating spending rewards for different cryptocurrencies. In the past, the Coinbase Card has offered rewards as high as 5% on certain cryptocurrencies! 

3 tips to enhance your Coinbase Card experience 

Understanding and navigating the limits of your Coinbase debit card can enhance your experience, making your crypto assets more accessible for everyday use. Here are a few tips:

• Stay up-to-date: Remember, the Coinbase Card’s rewards for different cryptocurrencies change over time. Keep an eye out on rewards and select the reward rate that works best for your situation! 
• Manage your crypto portfolio: Keep an eye on how the cryptocurrencies in your Coinbase portfolio are performing! Spending efficiency can vary based on market conditions and conversion rates.
• Keep taxes in mind: Remember, using a crypto debit card does come with tax implications. Disposing of cryptocurrency to make a purchase may be subject to capital gains tax. Using USDC and other stablecoins to make purchases can be a good strategy to avoid a large tax bill. 

In conclusion 

The Coinbase Card is a great way to spend crypto and earn rewards! Still, it’s important to keep in mind your daily spending limit before making purchases.