In a groundbreaking move, Fold and Visa have expanded their partnership to launch new bitcoin rewards card programs that are transforming how Americans earn credit card perks. The collaboration includes Fold’s flagship debit card and upcoming credit card products, aiming to establish bitcoin as a primary savings asset for consumers across the United States.
The new card programs offer cardholders up to 2% unlimited bitcoin rewards on purchases, with additional bonuses reaching $250. Fold+ members receive special benefits, including a premium metal card, while standard Fold members can earn 1.5% unlimited bitcoin rewards. Users can enhance their earnings through direct deposit rewards and ACH bill pay benefits. To date, Fold has distributed $75 million in bitcoin rewards to its debit card users.
Earn up to 2% unlimited bitcoin rewards and $250 in bonuses with Fold’s innovative card programs, revolutionizing traditional credit card perks.
The partnership processes approximately 1% of US GDP through rewards programs, marking a significant shift from traditional points, miles, and cashback systems. Cardholders gain access to zero-fee bitcoin trading and insured bitcoin custody services, along with FDIC-insured transactional accounts. The platform leverages SHA-256 cryptography to ensure maximum security for all transactions.
The Fold platform has already attracted over 600,000 users and processed $2.5 billion in transactions. This first-of-its-kind financial tool combines credit card convenience with bitcoin rewards, potentially accelerating bitcoin adoption as a savings vehicle. The program allows users to accumulate bitcoin passively through their regular spending habits, leveraging bitcoin’s historical growth potential while competing with traditional credit card reward programs. These bitcoin rewards have proven more valuable over time, as they would have equated to just over $20 million in cash.
The Fold ecosystem provides cardholders with exclusive bonus offers from top merchants, creating additional value beyond the standard rewards structure. By integrating bitcoin rewards into everyday transactions, the program represents a significant evolution in credit card benefits, making cryptocurrency more accessible to mainstream consumers.
The partnership between Fold and Visa demonstrates how traditional financial institutions are adapting to incorporate cryptocurrency into conventional banking services. As the first major credit card program to offer bitcoin rewards at this scale, it signals a potential shift in how Americans view and acquire digital assets through their daily financial activities.
