Fold
Bitcoin rewards app with a prepaid Visa debit card and a bitcoin rewards credit card.
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Fold key facts
| Category | Crypto card |
|---|---|
| Platforms | iOS, Android |
| Custody | Custodial |
| Fees | Credit card: no annual fee, late fee up to $30, returned payment $30; Fold+ $10/month or $100/year after a 90-day trial; basic users pay 0.95% on bitcoin buys |
| Pricing | Fold Bitcoin Credit Card: 1.5% back in bitcoin, no cap; up to 4% on the first $2,000 of monthly spend with DCA/Direct-to-Bitcoin tiers and paying the bill in bitcoin |
| Company | Prepaid debit card issued by Sutton Bank, Member FDIC; Fold Bitcoin Credit Card issued by Celtic Bank |
| US availability | US citizens and permanent residents aged 18+ |
| Launched | 2019 |
What is Fold?
Fold is a bitcoin financial app that pays bitcoin rewards through a prepaid Visa debit card issued by Sutton Bank and the Fold Bitcoin Credit Card issued by Celtic Bank. Credit cardholders earn 1.5% back in bitcoin on eligible net purchases with no cap. Bitcoin is held with BitGo.
How Fold works
Fold runs two cards.
The Fold Prepaid Debit Card, issued by Sutton Bank, spends from your USD cash balance and comes with an account and routing number for ACH bill pay. Fold+ subscribers earn bitcoin on it: 1.5% in quarterly rotating categories, up to 15% at selected merchants, 0.5% on other Visa Signature transactions, and up to 1.5% on eligible ACH bill payments. The card itself is free, but without Fold+ the rewards are limited.
The Fold Bitcoin Credit Card, issued by Celtic Bank, pays a flat 1.5% in bitcoin. Bonus tiers on the first $2,000 of monthly spend depend on how much bitcoin you buy through Auto-Stack or Direct-to-Bitcoin: $6,000 a month adds 1%, and $12,000 adds 2%. Paying the statement in bitcoin adds 0.5%, for a 4% maximum. Rewards show as pending, lock for 30 days after posting, and the rewards account caps at $10,000 before you must withdraw.
How to start with Fold
- Fold accepts only US citizens and permanent residents aged 18 or older.
- Download the app from the App Store or Google Play, create an account, and pass identity verification for the debit card.
- Fund it by ACH, direct deposit or instant debit card transfer.
- Bitcoin buys start at $10.
- Fold+ has a 90-day free trial that starts when you activate the physical card.
- For the credit card, tap Fold Bitcoin Credit Card under More ways to earn in the app and apply.
- It requires a credit check, and authorized users and business accounts are not offered yet.
- Verified Fold users get a pre-filled application and can add the approved card to Apple Pay or Google Pay right away.
- Autopay can run from the Fold balance or a linked bank.
Fold fees and limits
- The minimum interest charge is $1.00, a late payment costs up to $30, and a returned payment costs $30.
- Fold+ costs $10 a month or $100 a year and is deducted from your Fold balance.
- Basic users pay a 0.95% processing fee on bitcoin buys, Fold+ members pay none, and all buys carry a variable spread.
The credit card has no annual fee. Interest is avoided by paying in full by the due date, at least 25 days after the cycle closes. Withdrawing bitcoin costs only the network fee.
Risks to know before using Fold
- Fold is not a bank.
- Debit card balances can get FDIC pass-through coverage up to $250,000 through Sutton Bank if conditions are met, but bitcoin and rewards are not FDIC- or SIPC-insured.
- Bitcoin is held by BitGo, so it is custodial until you withdraw it.
- Debit card limits are tight in places: ATM withdrawals cap at $250 per transaction and $1,000 per month, and the account balance caps at $30,000.
Fold alternatives
Other projects people compare with Fold.
Mastercard World Elite credit card from the Gemini exchange that pays rewards in crypto.
Prepaid Visa debit card from Coinbase that spends USD or crypto and pays crypto rewards.
American Express network credit card from Coinbase that pays bitcoin back, open only to Coinbase One members.
Fold pros and cons
- Credit card earns 1.5% bitcoin back on eligible purchases with no cap
- No annual fee on the Fold Bitcoin Credit Card
- Fold+ subscribers pay no added ATM fees or bitcoin purchase fees
- Prepaid debit card, not a bank account; FDIC coverage is pass-through via Sutton Bank only
- Credit card requires a credit check and a Fold account that may carry separate fees
- Fee-free ATM and bitcoin buys require the paid Fold+ tier
Fold FAQ
What is Fold?
Fold is a bitcoin financial app that pays bitcoin rewards through a prepaid Visa debit card issued by Sutton Bank and the Fold Bitcoin Credit Card issued by Celtic Bank. Credit cardholders earn 1.5% back in bitcoin on eligible net purchases with no cap. Bitcoin is held with BitGo.
How much does Fold cost?
Credit card: no annual fee, late fee up to $30, returned payment $30; Fold+ $10/month or $100/year after a 90-day trial; basic users pay 0.95% on bitcoin buys, according to Fold’s own page (checked Sep 26, 2026).
Is Fold available in the US?
US citizens and permanent residents aged 18+, according to Fold’s own page (checked Sep 26, 2026).
Does Fold hold my funds?
Yes. Fold is custodial: it holds the keys to your balance.
Sources
- Fold: official site
- Fold: Fold Bitcoin Credit Card interest and fees
- Fold: Fold Bitcoin Credit Card Rewards
- Fold: Credit Card
- Fold: Who can sign up for a Fold account
- Fold: Homepage
- Fold: Debit Card
- Fold: How can I apply for the Fold Bitcoin Credit Card
- Fold: Managing your Fold+ subscription
- Fold: Debit Card Rewards for Fold+ Subscribers
- Fold: Fees for buying and withdrawing bitcoin
- Fold: Card limits
How this page works
Sources: Fold: official site, Fold: Fold Bitcoin Credit Card interest and fees, Fold: Fold Bitcoin Credit Card Rewards. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.