Fold Launches New Bitcoin Credit Card Rollout
Fold has begun rolling out its Bitcoin credit card, offering users bitcoin rewards on everyday purchases through the Visa network.Summary
Fold Holdings, Inc. has officially initiated the rollout of its new Bitcoin credit card, which is issued on the Visa network and powered by Stripe Issuing. The card provides users with up to 4% back in bitcoin rewards on their spending. Standard purchases earn a base rate of 1.5%, with additional rewards available through partner network offers and a 0.5% bonus for paying bills in bitcoin.
The card is currently being issued to waitlisted members, with a broader expansion planned for the coming months. Cardholders can utilize both physical cards and virtual versions via the Fold App, which also provides features such as real-time reward tracking, fraud controls, and integration with digital wallets like Apple Pay and Google Pay. CEO Will Reeves described the launch as a milestone aimed at providing a transparent and simple method for earning bitcoin through everyday consumer habits.
(Source：Bitcoin Magazine)