Fold Launches Bitcoin Rewards Credit Card with Stripe and Visa
- Fold’s new credit card allows users to earn bitcoin rewards on everyday purchases.
- Cardholders earn an instant 2% back in bitcoin, with an additional 1.5% when paying through a Fold Checking Account.
- Users can earn up to 10% back at major retailers like Amazon, Target, and Starbucks.
- Fold has processed over $3.1 billion in transactions and distributed more than $83 million in bitcoin rewards.
- The credit card operates on Visa’s network and utilizes Stripe Issuing’s infrastructure.
This partnership represents a significant step for Fold as it expands its suite of bitcoin-native financial services, following its existing debit card offerings. The collaboration aims to simplify the process of earning bitcoin while shopping, making it more accessible to consumers.
Fold’s credit card offers a compelling value proposition with instant rewards, reflecting the company’s strategy to enhance user engagement in the cryptocurrency space.(Source)
