Fold Launches Revolutionary Bitcoin Rewards Visa Credit Card
Fold, in partnership with Visa, announced the launch of their Bitcoin Rewards Credit Card, offering up to 2% unlimited bitcoin rewards and up to $250 in bonuses. The card combines traditional credit card features with bitcoin rewards, aiming to establish bitcoin as a primary savings asset.
The card provides users with zero-fee bitcoin trading, insured bitcoin custody, FDIC-insured transactional accounts, and exclusive merchant offers. Fold's existing debit card products have attracted over 600,000 users and processed more than $2.5 billion in transactions.
Standard members will earn 1.5% unlimited bitcoin rewards and up to $100 bonus, while Fold+ members receive 2% rewards, up to $250 in bonuses, and a premium metal card. The company has already distributed nearly $75 million in bitcoin rewards to debit card users. Fold is preparing to list on NASDAQ and holds over 1,000 bitcoin in reserves.
Fold, in collaborazione con Visa, ha annunciato il lancio della loro Bitcoin Rewards Credit Card, che offre fino al 2% di premi in bitcoin illimitati e fino a $250 in bonus. La carta combina le funzionalità tradizionali delle carte di credito con i premi in bitcoin, con l'obiettivo di stabilire il bitcoin come un patrimonio di risparmio primario.
La carta offre agli utenti trading di bitcoin senza commissioni, custodia di bitcoin assicurata, conti transazionali coperti dalla FDIC e offerte esclusive per i commercianti. I prodotti esistenti di carta di debito di Fold hanno attratto oltre 600,000 utenti e hanno elaborato più di $2.5 miliardi in transazioni.
I membri standard guadagneranno premi in bitcoin illimitati dell'1,5% e fino a $100 di bonus, mentre i membri Fold+ ricevono premi del 2%, fino a $250 in bonus e una carta metallica premium. L'azienda ha già distribuito quasi $75 milioni in premi in bitcoin agli utenti della carta di debito. Fold si sta preparando per la quotazione al NASDAQ e detiene oltre 1,000 bitcoin in riserve.
Fold, en asociación con Visa, anunció el lanzamiento de su Tarjeta de Crédito de Recompensas en Bitcoin, que ofrece hasta un 2% de recompensas en bitcoin ilimitadas y hasta $250 en bonificaciones. La tarjeta combina características tradicionales de tarjetas de crédito con recompensas en bitcoin, con el objetivo de establecer el bitcoin como un activo principal de ahorro.
La tarjeta proporciona a los usuarios comercio de bitcoin sin comisiones, custodia de bitcoin asegurada, cuentas transaccionales aseguradas por la FDIC, y ofertas exclusivas para comerciantes. Los productos existentes de tarjeta de débito de Fold han atraído a más de 600,000 usuarios y han procesado más de $2.5 mil millones en transacciones.
Los miembros estándar ganarán recompensas en bitcoin ilimitadas del 1.5% y hasta $100 de bonificación, mientras que los miembros de Fold+ reciben recompensas del 2%, hasta $250 en bonificaciones, y una tarjeta metálica premium. La empresa ya ha distribuido casi $75 millones en recompensas de bitcoin a los usuarios de tarjetas de débito. Fold se está preparando para salir en NASDAQ y posee más de 1,000 bitcoin en reservas.
폴드는 비자와 협력하여 비트코인 보상 신용 카드 출시를 발표했습니다. 이 카드는 최대 2%의 무제한 비트코인 보상과 최대 $250의 보너스를 제공합니다. 이 카드는 전통적인 신용 카드 기능과 비트코인 보상을 결합하여 비트코인을 주요 저축 자산으로 확립하는 것을 목표로 합니다.
카드는 사용자에게 수수료 없는 비트코인 거래, 보험이 적용된 비트코인 보관소, FDIC 보장 거래 계좌 및 독점 상인 제안을 제공합니다. 폴드의 기존 직불 카드 제품은 600,000명 이상의 사용자를 유치했으며, $2.5억 이상의 거래를 처리했습니다.
일반 회원은 1.5%의 무제한 비트코인 보상과 최대 $100의 보너스를 받을 수 있으며, Fold+ 회원은 2%의 보상, 최대 $250의 보너스 및 프리미엄 금속 카드를 받습니다. 이 회사는 이미 직불 카드 사용자에게 거의 $75백만의 비트코인 보상을 분배했습니다. 폴드는 NASDAQ 상장을 준비 중이며 1,000 비트코인 이상의 준비금을 보유하고 있습니다.
Fold, en partenariat avec Visa, a annoncé le lancement de sa Carte de Crédit Récompenses Bitcoin, offrant jusqu'à 2% de récompenses en bitcoin illimitées et jusqu'à 250 $ de bonus. La carte combine les caractéristiques traditionnelles des cartes de crédit avec des récompenses en bitcoin, visant à établir le bitcoin comme un actif d'épargne principal.
La carte offre aux utilisateurs un trading de bitcoin sans frais, une garde de bitcoin assurée, des comptes transactionnels assurés par la FDIC, et des offres exclusives pour les commerçants. Les produits de carte de débit existants de Fold ont attiré plus de 600 000 utilisateurs et traité plus de 2,5 milliards de dollars en transactions.
Les membres standard gagneront 1,5% de récompenses en bitcoin illimitées et jusqu'à 100 $ de bonus, tandis que les membres Fold+ reçoivent 2% de récompenses, jusqu'à 250 $ de bonus et une carte métallique premium. L'entreprise a déjà distribué presque 75 millions de dollars en récompenses en bitcoin aux utilisateurs de cartes de débit. Fold se prépare à être coté en bourse sur le NASDAQ et détient plus de 1 000 bitcoins en réserves.
Fold hat in Partnerschaft mit Visa die Einführung ihrer Bitcoin Rewards Kreditkarte angekündigt, die bis zu 2% unbegrenzte Bitcoin-Prämien und bis zu $250 an Boni bietet. Die Karte kombiniert traditionelle Kreditkartenfunktionen mit Bitcoin-Prämien und zielt darauf ab, Bitcoin als primäres Sparvermögen zu etablieren.
Die Karte bietet den Nutzern gebührenfreies Bitcoin-Trading, versicherte Bitcoin-Aufbewahrung, FDIC-versicherte Transaktionskonten und exklusive Händlerangebote. Die bestehenden Debitkartenprodukte von Fold haben über 600.000 Nutzer angezogen und mehr als $2,5 Milliarden an Transaktionen verarbeitet.
Standardmitglieder verdienen 1,5% unbegrenzte Bitcoin-Prämien und bis zu $100 Bonus, während Fold+ Mitglieder 2% Prämien, bis zu $250 an Boni und eine Premium-Metallkarte erhalten. Das Unternehmen hat bereits fast $75 Millionen an Bitcoin-Prämien an Debitkartenbenutzer verteilt. Fold bereitet sich darauf vor, an der NASDAQ notiert zu werden und hält über 1.000 Bitcoin in Reserven.
- Strong user base with 600,000+ existing customers
- Significant transaction volume of $2.5B on platform
- $75M in bitcoin rewards already distributed to users
- Upcoming NASDAQ listing
- Substantial bitcoin treasury of over 1,000 BTC
- Partnership with Visa for credit card launch
- None.
Insights
The announcement of Fold's Bitcoin rewards credit card marks a strategic pivot that could significantly impact the $175 billion credit card rewards market. The company's metrics are particularly compelling - 600,000 users and $2.5 billion in transaction volume demonstrate substantial market traction, while the $75 million in distributed Bitcoin rewards (versus $20 million cash equivalent) highlights the potential upside of cryptocurrency-based rewards.
The business model presents a unique value proposition: By offering up to
Three key factors make this development particularly noteworthy for investors:
- Market Timing: The launch coincides with growing mainstream acceptance of cryptocurrency and increased demand for alternative investment vehicles
- Revenue Potential: If Fold achieves its goal of processing
1% of US GDP through card transactions, this could translate to billions in annual revenue through interchange fees - Competitive Moat: The combination of FDIC-insured accounts, zero-fee trading and Bitcoin rewards creates a comprehensive ecosystem that could drive significant user retention
However, investors should monitor several risk factors: regulatory scrutiny of crypto-rewards programs, Bitcoin price volatility impact on reward value and competition from traditional financial institutions entering the space. The success of this initiative will largely depend on Fold's ability to maintain competitive reward rates while managing cryptocurrency exposure risks.
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
"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
Fold members will earn
To date, Fold has distributed nearly
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250211765772/en/
For Fold:
Fold@icrinc.com
Source: Fold
FAQ
What are the reward rates for the new Fold Bitcoin Rewards Credit Card?
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