Fold has made earning Bitcoin as easy as swiping a card—no complicated steps, no token juggling, just real BTC with every purchase.
Overview
Fold has launched a Bitcoin rewards credit card in partnership with Visa and Stripe, offering cardholders up to 3.5% back in Bitcoin. Additionally, users can earn up to 10% back at major retailers, further enhancing Fold’s expanding $83 million Bitcoin rewards ecosystem. The card removes the need for staking and category restrictions, making Bitcoin a more mainstream loyalty currency.
Supported by Stripe’s issuing technology and Visa’s payment network, the card rewards users with Bitcoin instead of traditional loyalty points, marking a significant shift in how cryptocurrency is used as a rewards option.
Features of Fold’s Bitcoin Rewards Card
The Fold card allows users to earn a guaranteed 2% back in Bitcoin on every purchase. This rate can increase to 3.5% for users who link their Fold Checking Account with qualifying activity, offering an added incentive to participate in Fold’s financial ecosystem.
Beyond the base rewards, the card gives users access to Fold’s vast rewards network, offering up to 10% back at popular retailers like Amazon, Target, Home Depot, Uber, Starbucks, and DoorDash. This feature ensures the card captures a significant portion of everyday spending, making it highly versatile.
Fold’s Expanding Bitcoin Ecosystem
This new card marks a major milestone in Fold’s ongoing growth in the Bitcoin rewards space. With over $3.1 billion in transaction volume processed and $83 million in Bitcoin rewards distributed, Fold is continuing to expand its product offerings, including a Bitcoin debit card, exchange, and gift cards.
As the first publicly traded Bitcoin financial services company, Fold also holds almost 1,500 BTC in its corporate treasury, aligning its financial model with Bitcoin’s success and adoption.
Strategic Collaboration with Visa and Stripe
The launch of the Fold card highlights the growing role of payment processors in the crypto space. Stripe has made a return to crypto this year with the launch of its Tempo blockchain project in partnership with Paradigm, as well as enabling USDC payments for Shopify merchants in collaboration with Coinbase. Meanwhile, Visa has expanded its crypto-linked card offerings and its stablecoin settlement operations, handling approximately $1 billion in annual volume.
The partnership between Fold, Visa, and Stripe represents a significant move in bringing Bitcoin rewards into the mainstream, simplifying the process for consumers to earn and use Bitcoin in everyday transactions.
