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Replace your Traditional Bank Debit Card with Coinbase Cash Reward Debit card and Win Big

We all have our bank debit card and I know most of us aren’t getting any cashback on the same. What if you get a cashback on your debit card that you can also seamlessly convert into the market’s hottest cryptos like Shiba Inu, Doge, Ethereum, and even Bitcoin. This is not a scheme from any bank; but the Cash Reward Debit Card, exclusively introduced by Coinbase last year. With its unique features and rewards for crypto investors, we strongly recommend using Coinbase cash reward debit card and getting up to 4% on your favorite cryptos such as Shiba Inu and Dogecoin, by simply converting your cashback to the crypto of your choice. 

Coinbase has rolled out its Cash Reward debit card that can be used at any business using the Visa network, just like your traditional bank, with a big difference, a 4% difference. Talk about free money. The card enables customers to draw money from different cryptocurrency accounts while enabling the merchant to receive payment instantly in U.S. dollars. If you make any purchase with this debit card, you will get rewards in the form of a 1% rebate paid in Bitcoin, or up to a 4% rebate paid in other cryptocurrencies. The 4% reward option as of this moment comes in the form of XLM, also called Stellar Lumens. This is how the card looks like:

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With Coinbase Card, there is no intermediary involved and you can transfer directly from your traditional bank account to a Coinbase account. Moreover, this card accepts more than 30 currencies.   The below reference image shows the current rates and available cashback one can choose from.

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Once you download the Coinbase app, you can keep track of your past conversions and recent transactions as well as rewards earnings. The wallet helps you monitor your rewards currency and the currency you are spending with.  Below is a real screenshot of the most recent cashback conversion for Shiba. Please keep in mind that you are not limited to only making the conversion for Shiba, this can be done with other cryptos as well.  The optional rewards program, which is available to U.S. customers only as of now, lets them select to earn 4% cashback in Stellar Lumen or 1 percent back in bitcoin. 

However, keep in mind that for every transaction, Coinbase charges a 2.49% levy. Coinbase customers drawing on USDC accounts are exempted from this fee.  USDCs are a kind of cryptocurrency called stablecoins, which are pegged to the USD at a one-to-one value.  To open a Coinbase account and learn more click here.

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