Fold Launches Game-Changing Bitcoin Rewards Card Backed by Visa and Stripe
Your morning coffee now mines digital gold—Fold just flipped the script on traditional loyalty programs.
Visa and Stripe Power Crypto Revolution
The payments giants are betting big on Bitcoin adoption, providing the infrastructure that lets Fold bypass traditional banking rails. No more points that expire—every swipe earns permanent cryptocurrency rewards.
How It Works: Spend Fiat, Earn Bitcoin
Users load dollars onto the card but get paid in satoshis. The system automatically converts cashback into Bitcoin at point of sale—cutting out three intermediary steps traditional reward programs require.
Wall Street's Loyalty Programs Sweating
While legacy banks offer airline miles that devalue faster than the Venezuelan bolivar, Fold delivers appreciating assets. Finally—a rewards card that doesn't treat customers like they're too dumb to understand monetary inflation.
This isn't just another crypto card—it's a Trojan horse for mass Bitcoin adoption right when traditional finance needs it most.
A closer look at Fold’s BTC rewards
Cardholders will earn an unlimited 2% back in Bitcoin instantly on every purchase. This base rate can be boosted to 3.5% for users who pay their card balance using a Fold Checking Account with qualified activity, creating an incentive to operate within Fold’s broader financial ecosystem.
Beyond these flat rates, the card taps into Fold’s existing rewards network, offering up to 10% back at hundreds of major merchants. This network includes everyday spending destinations such as Amazon, Target, Home Depot, Uber, Starbucks, and DoorDash, positioning the card to capture a significant portion of typical consumer expenditure.
The new credit card represents a strategic expansion for Fold, which has already established a considerable footprint in the bitcoin rewards space. In the statement, the company claimed it has processed over $3.1 billion in transaction volume to date and has distributed more than $83 million in Bitcoin rewards to users through its existing products.
These include a Bitcoin debit card, an exchange, and gift cards. As the first publicly traded bitcoin financial services company, Fold also notably holds nearly 1,500 BTC in its corporate treasury, aligning its financial strategy directly with the success of its products and the adoption of Bitcoin.
The launch also highlights the growing role of payment processors in integrating digital assets. Stripe has been steadily re-entering the cryptocurrency market this year, launching its Tempo blockchain project in partnership with Paradigm and enabling USDC acceptance for Shopify merchants in collaboration with Coinbase.
Visa, meanwhile, has leaned into crypto-linked card programs and expanded its stablecoin settlement operations, which now handle an estimated $1 billion in annualized volume.
