People think this is just another credit card that pays sats, but it’s not. Both traditional credit, and also bitcoin backed credit rates with the Fold card. Instant pay bitcoin to pay off your card. We literally just talked about this on the latest Roundtable. Credit networks will remain the major payment networks for the near future, but they will be expanded, reserved, and settled in Bitcoin. I’m about to stack so many sats back it’s gonna be retarded. They are also giving away a shit ton of prizes so reserve a spot:

Replies (47)

Nich's avatar
Nich 10 months ago
There’s still a free spin per day but the rest of the rewards are just percentage of spend based. It’s a bit overcomplicated in that your non-ACH spend affects your rewards for ACH spend but it’s better than nothing and you still will probably come out ahead.
Did they change it again?… last time the transfer fees cost more than the sats I earned and though I know in the long term it’s better, but you still couldn’t withdraw until you had 50k in sats also.
DJ's avatar
DJ 10 months ago
IM SO EXCOTED
Dan's avatar
Dan 10 months ago
2% flat on the cc
96_eclipse's avatar
96_eclipse 10 months ago
Well executed release .. I’ve added every fold gimmick possible to get points and move up the list
Respect if you can manage that, but are you serious that you don’t have a debit or credit card? How do you pull that off?
That was a *debit* card (and you can just direct deposit to it and solve that). They are launching a *credit* card in addition.
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npub1xg5s...fx2g 10 months ago
When I tried using Fold it required that I open an app constantly and play some cheesy spinner game. Is that still the case?
Bitcoin backed credit rate. Don’t have details but it’s a really cool idea and I’m excited to see the difference.
I already make way more in sats month to month on the debit and gift cards. But the credit card should allow me to ramp up my sats back quite a bit.
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npub1uayc...2p5j 10 months ago
Is this card only available for US citizens? Or can we get hands on that in Europe too?
According to the ceo on the podcast with Walker- It does not. This is a regular unsecured credit card just with Bitcoin rewards and based on your credit score
hasky's avatar
hasky 10 months ago
Thank you for sharing . Cookie appreciate it 😍
I literally just switched everything to strike and now they have me considering switching back. I just hope I don't get declined for the card. 😂
This is big news. To be honest, if Fold did not create a credit card, I don't think the company would make it. Now I'm bullish about Fold.