Fold Launches Revolutionary Bitcoin Rewards Visa Credit Card
February 11 2025 - 11:00AM
Business Wire
Fold, the leading bitcoin rewards and financial services
platform, in partnership with Visa®, today announced plans to
launch the Fold Bitcoin Rewards Credit Card. This first of its kind
financial tool combines the convenience of a traditional credit
card with the power of bitcoin rewards, designed to help establish
bitcoin as the ultimate savings asset for every American. The card
redefines traditional points, miles, and cashback credit card
rewards programs, some of which process ~1% of US GDP, by offering
up to 2% unlimited bitcoin rewards and up to $250 in bonuses.
The Fold Bitcoin Rewards Credit Card will provide users with
access to a suite of innovative financial services through the Fold
ecosystem. Cardholders can trade bitcoin with zero fees, enjoy
insured bitcoin custody, access FDIC-insured transactional
accounts, and take advantage of exclusive bonus offers from top
merchants.
Fold’s debit card products have already made a significant
impact on growing consumer savings via bitcoin, with over 600,000
users and more than $2.5 billion in transactions on its
platform.
"Fold has already empowered hundreds of thousands of users to
incorporate bitcoin into their daily lives. With this credit card,
we aim to dethrone miles as the go-to credit card reward,” said
Will Reeves, CEO of Fold. “If the top miles cards can process 1% of
US GDP, we’re confident the Fold Bitcoin Rewards Credit Card can
reach the same heights. We’re building the hub of personal finance,
powered by bitcoin, to ensure everyone has the tools to earn, save,
and grow their wealth with bitcoin every day."
Fold members will earn 1.5% unlimited bitcoin rewards and
up to a $100 bonus, while Fold+ members will enjoy exclusive
perks, including 2% unlimited rewards in bitcoin, up to
$250 in bonuses, and a premium metal card that
reflects their elevated status.
To date, Fold has distributed nearly $75 million in bitcoin
rewards to its debit card users—rewards that would have
amounted to just over $20 million in cash. This track record
highlights the potential of bitcoin as a superior savings asset,
and the Fold Bitcoin Rewards Credit Card aims to accelerate this
momentum.
As Fold prepares to list on the NASDAQ as the first publicly
traded bitcoin financial services company, it is also building a
top 25 bitcoin treasury among public companies, with over
1,000 bitcoin in reserves. This initiative aligns with
Fold’s mission to make bitcoin the cornerstone of personal savings
for millions of Americans.
Consumers can sign up today to join the Fold Bitcoin Rewards
Credit Card waitlist and gain early access to apply.* Fold is
reshaping the future of rewards, ensuring that every purchase
contributes to a brighter financial future powered by bitcoin.
For more information, visit foldapp.com/credit-card.
*Additional waitlist terms and conditions apply, see link for
details.
About Fold
Fold is the leading bitcoin rewards and financial services
platform, empowering users to earn bitcoin daily and build savings
seamlessly. From the #1 bitcoin rewards debit card to this
revolutionary credit card, Fold is setting the standard for bitcoin
in personal finance.
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version on businesswire.com: https://www.businesswire.com/news/home/20250211765772/en/
For Fold: Fold@icrinc.com
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