A groundbreaking partnership between Fold and Visa introduces a credit card that rewards users with Bitcoin instead of traditional loyalty points or air miles.
Revolutionizing Credit Card Rewards with Bitcoin
The Fold Bitcoin Rewards Credit Card, set to launch this semester, offers users up to 2% cashback in Bitcoin (BTC) on purchases. Unlike conventional rewards programs, this card eliminates limits on earnings and includes sign-up bonuses of up to $250.
👉 Join the waitlist now for exclusive Bitcoin rewards
Key Features:
- Unlimited Bitcoin cashback (1.5% base, 2% for Fold+ members)
- Premium metal card for Fold+ subscribers
- No-fee Bitcoin trading and FDIC-insured transactional accounts
- Bonus rewards for early adopters
"Our goal is to dethrone air miles as the preferred credit card reward by making Bitcoin the cornerstone of personal finance," says Fold CEO Will Reeves.
Why Bitcoin as a Reward?
Fold has already distributed **$75 million in Bitcoin rewards** through its debit card program—equivalent to over $20 million in cash at distribution time. This demonstrates Bitcoin's potential as a superior savings asset.
The company is also preparing for a NASDAQ listing, aiming to become the first publicly traded Bitcoin financial services provider. Their corporate treasury holds 1,000+ BTC, positioning them among the top 25 public company Bitcoin holdings globally.
👉 Discover how Bitcoin outperforms traditional savings
Global Precedents and Brazilian Innovations
While Fold's launch coincides with renewed Bitcoin interest, crypto reward cards aren't new:
- Brazil's Zro Bank offered 2% Bitcoin cashback since 2019
- Entrepreneur Rocelo Lopes pioneered BTC reward cards in 2018
FAQ Section
Q: How does the Bitcoin cashback work?
A: For every purchase, 1.5%-2% of the amount is converted to BTC and deposited into your Fold account.
Q: Are there annual fees?
A: The base card has no annual fee, while Fold+ offers enhanced rewards for a subscription.
Q: When will the card launch?
A: Rollout begins this semester—join the waitlist for priority access.
The Future of Financial Rewards
Fold's ecosystem integrates Bitcoin into everyday finance through:
- Zero-fee BTC trading
- Secure custody solutions
- Yield-generating opportunities
"We're processing 1% of U.S. GDP through air miles—we believe Bitcoin rewards can achieve the same scale," Reeves asserts.
This initiative aligns with Fold's mission to make Bitcoin fundamental to personal wealth-building, offering tangible alternatives to inflationary fiat rewards.