Kudos has partnered with CardRatings and Red Ventures for our coverage of credit card products. Kudos, CardRatings, and Red Ventures may receive a commission from card issuers. Kudos may receive commission from card issuers. Some of the card offers that appear on Kudos are from advertisers and may impact how and where card products appear on the site. Kudos tries to include as many card companies and offers as we are aware of, including offers from issuers that don't pay us, but we may not cover all card companies or all available card offers. You don't have to use our links, but we're grateful when you do!
Chase Becomes First Major Bank to Let Credit Card Points Buy Cryptocurrency (2026)
July 1, 2025
.webp)
Here's some pretty exciting news: JPMorgan Chase just dropped a bombshell announcement that's going to change the credit card rewards game forever. Starting in 2026, if you've got Chase Ultimate Rewards points sitting around, you'll be able to transfer them straight to Coinbase to buy cryptocurrency. Chase will become the first major credit card company to let you do this. No more converting points to cash, then buying crypto. Just a direct transfer from your Chase rewards to your crypto wallet.
Historic Partnership Between Banking Giant and Crypto Exchange
The collaboration between JPMorgan Chase and Coinbase represents a significant milestone in mainstream cryptocurrency adoption. This partnership bridges traditional banking rewards programs with digital asset investments, making crypto purchases more accessible to millions of Chase credit card customers. According to the announcement made on July 30, 2025, the two companies aim to make buying cryptocurrency "easier than ever" by establishing a direct bank-to-wallet connection between Chase Ultimate Rewards points and Coinbase accounts.
How Chase Ultimate Rewards Crypto Integration Will Work
Direct Points Transfer to Coinbase
Chase Ultimate Rewards members will be able to transfer their accumulated points directly into their Coinbase wallets. This seamless integration eliminates the traditional barrier of having to convert points to cash before purchasing cryptocurrency.
Supported Cryptocurrencies
While specific details about which cryptocurrencies will be available haven't been fully disclosed, Coinbase's platform typically supports major digital assets, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- And dozens of other popular cryptocurrencies
Timeline and Availability
The program is scheduled to launch next year (2026), giving both companies time to develop the necessary infrastructure and ensure regulatory compliance.
Which Chase Cards Earn Ultimate Rewards?
The Premium Travel Powerhouses
[[ SINGLE_CARD * {"id": "510", "isExpanded": "false", "bestForCategoryId": "15", "bestForText": "Frequent Travelers", "headerHint": "$300 Annual Travel Credit"} ]]
[[ SINGLE_CARD * {"id": "509", "isExpanded": "false", "bestForCategoryId": "15", "bestForText": "Frequent Travelers", "headerHint": "Exceptional Travel Value"} ]]
The Everyday Cash Back Champions
[[ SINGLE_CARD * {"id": "497", "isExpanded": "false", "bestForCategoryId": "15", "bestForText": "Cash Back Seekers", "headerHint": "Fantastic Cash Back Card"} ]]
[[ SINGLE_CARD * {"id": "2883", "isExpanded": "true", "bestForCategoryId": "52", "bestForText": "No-Annual Fee Card Seekers", "headerHint" : "No Annual Fee" } ]]
The Business Card Squad
[[ SINGLE_CARD * {"id": "1100", "isExpanded": "true", "bestForCategoryId": "52", "bestForText": "Business Owners", "headerHint" : "Valuable Rewards" } ]]
[[ SINGLE_CARD * {"id": "1098", "isExpanded": "false", "bestForCategoryId": "52", "bestForText": "Business Owners", "headerHint" : "No Fee Credit Card" } ]]
[[ SINGLE_CARD * {"id": "1099", "isExpanded": "true", "bestForCategoryId": "52", "bestForText": "Small Business Owners", "headerHint" : "Maximize Cash Back" } ]]
Current Crypto Credit Cards vs. Chase's New Offering
To understand the significance of the JPMorgan Chase and Coinbase partnership, it's important to examine the current crypto credit card landscape. While several cards offer cryptocurrency rewards directly, the number of available crypto credit cards has shrunk drastically in recent years.
Currently Available Crypto Credit Cards
The Gemini Credit Card®
[[ SINGLE_CARD * {"id": "3365", "isExpanded": "false", "bestForCategoryId": "52", "bestForText": "Cryptocurrency Users", "headerHint" : "Earn Cryptocurrency" } ]]
Coinbase One American Express Card
[[ SINGLE_CARD * {"id": "17705", "isExpanded": "false", "bestForCategoryId": "15", "bestForText": "Coinbase One Subscribers", "headerHint": "Tiered Rewards"} ]]
Crypto.com Visa Card
This prepaid card offers tiered rewards based on how much CRO cryptocurrency users stake, with rates potentially reaching up to 8% back in certain categories for high-tier users.
Nexo Card
The Nexo Card offers cashback rewards between 0.1-2%. You have the option to earn rewards in BTC or NEXO, though it's currently only available in the UK and EU.
Venmo Credit Card (Crypto Feature)
[[ SINGLE_CARD * {"id": "2474", "isExpanded": "false", "bestForCategoryId": "52", "bestForText": "Cash Back Seekers", "headerHint" : "Twist on Cash Back" } ]]
What This Means for the Future of Money (No, Really)
This partnership is huge for mainstream crypto adoption. Think about it – millions of Chase cardholders who might have been crypto-curious but never took the plunge now have an easy way in. No setting up complicated exchanges, no figuring out wallet addresses – just transfer your points and you're in the game. If Chase's program takes off, expect to see similar partnerships popping up everywhere. We might be looking at the beginning of a whole new way that traditional finance and crypto work together.
Unlock your extra benefits when you become a Kudos member
Turn your online shopping into even more rewards
Join over 400,000 members simplifying their finances
Editorial Disclosure: Opinions expressed here are those of Kudos alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
.webp)
