JPMorganChase and Coinbase have announced a partnership enabling Chase card users to directly link their Coinbase wallet to their bank account, as well as purchase crypto using their cards or rewards.
JPMorganChase, Coinbase Collaborate to Help Clients Get into Crypto
30 July 2025 - 19:16 CEST
“Sets the standard”
The two companies have dubbed the partnership as one “that sets a new standard for customer choice and security in the innovation economy.” According to the announcement, it also marks the first time a major credit card rewards programme can be used to fund a crypto wallet. Chase customers will be able to redeem their Chase Ultimate Rewards points directly in their Coinbase wallet, at a 100 points to $1.00 ratio.
The direct bank-to-wallet connection and Chase rewards programme will debut in 2026, but card holders will be able to use Chase credit cards on Coinbase as of autumn 2025, though no specific start date was given.
An eye on the future
The companies are not just thinking about the current use of crypto; they are also looking ahead.
“We’re excited to partner with JPMorganChase to onboard the next generation of consumers into crypto,” said Max Branzburg, Head of Consumer & Business Products at Coinbase. The partnership gives them direct access to the 80 million strong JPMorganChase customer base.
Jamie Dimon, Chairman & CEO of JPMorgan, has historically been anti-crypto. But recently, he has had a notable change of tone around the asset class, telling investors in May: “I defend your right to buy Bitcoin.”
