Comment
Comment by m-i-l
I don't see what is in this for the consumer either. If you are not already a holder, why would anyone want the hassle of becoming one, just to pay high fees for each and every transaction (e.g. the 2.49% "crypto liquidation fee" for this card) when you can get a cashback card (e.g. mine gives me up to 10% cashback on some purchases), and why would you not want your assets working for you until as late as possible (not until point of purchase as in this case but up to 5-6 weeks later when a conventional monthly credit card bill become due)? And if you are a crypto holder, why would you want to transfer custody of your crypto to Coinbase and make your tax return a nightmare (i.e. with a potentially large number of small disposals)?