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Fold Holdings Partners with Stripe to Launch Bitcoin Rewards Credit Card
Fold Holdings, Inc. (NASDAQ: FLD), a trailblazing Bitcoin-centric financial services company, has announced its collaboration with Stripe to introduce the "Fold Bitcoin Credit Card." This revolutionary credit card empowers users to earn Bitcoin through everyday spending, simplifying access to digital assets in a practical and rewarding manner. Every dollar spent on the card translates into Bitcoin rewards, creating a seamless entry point into the world of cryptocurrency ownership and usage.
Earn Up to 3.5% Bitcoin Rewards on Purchases
Powered by Visa and utilizing Stripe Issuing technology, the Fold Bitcoin Rewards Credit Card delivers up to 3.5% back in Bitcoin on all purchases, as reported by FF News. Unlike traditional cashback or points-based systems, this card exclusively rewards users with Bitcoin, eliminating the need for tracking spending categories or providing security deposits.
All users automatically earn 2% Bitcoin rewards per transaction without complicated requirements. Those who link their card to a Fold checking account enjoy an additional 1.5% back, making the total potential rewards 3.5%.
For purchases made at select brands—including Amazon, Target, Starbucks, Home Depot, Lowe’s, Uber, Uber Eats, DoorDash, and Best Buy—customers can earn reward rates as high as 10%. Fold’s rewards program keeps things straightforward, avoiding the complexities of token mechanics or redemption processes often associated with loyalty cards. Transparency and simplicity are at the forefront, as rewards are purely Bitcoin-based, delivering intrinsic value for users.
CEO Highlights Accessibility and Usability
Will Reeves, CEO and chairman of Fold, shared his enthusiasm for the new card. “This credit card makes Bitcoin accessible to everyone while delivering clear and compelling value. There’s no need to manage categories or stake tokens. It’s simple—every purchase earns real Bitcoin automatically.”
Reeves elaborated on the card’s design, stressing that it caters to both Bitcoin newcomers and seasoned cryptocurrency adopters. “The card is intuitive by design, offering simplicity for beginners while delivering the transparency and control that early adopters expect. This is the financial tool we’ve envisioned from the start—one that aligns with Bitcoin’s potential to transform finance. By leveraging Stripe’s infrastructure and Visa’s global network, we’re now able to provide this solution at scale.”
Strategic Integration with Stripe Elevates Bitcoin Rewards
The partnership between Fold and Stripe marks a major step forward in the integration of Bitcoin into mainstream financial tools. Stripe’s robust global infrastructure adds reliability and scalability to the Fold Bitcoin Credit Card, enabling the company to meet growing consumer demand for digital asset-based products.
Satish Kumar Srinivasan, Head of Money Management Products at Stripe, emphasized Stripe's support in rolling out this innovative card: “We’re thrilled that Fold has chosen Stripe Issuing. Our consumer product solutions are purpose-built to help clients launch cutting-edge financial products without the difficulty of managing complex programs.”
Visa also plays a crucial role in delivering this offering through its extensive global network. Cu Sheffield, Visa’s Head of Crypto, spoke on the partnership: “Fold’s Bitcoin rewards platform leverages Visa’s scalability and security, allowing consumers to safely and effortlessly earn Bitcoin as they shop. With the Fold Bitcoin Credit Card, users can earn Bitcoin wherever Visa is accepted worldwide.”
Expanding Fold’s Bitcoin-Driven Financial Ecosystem
Fold Holdings has established itself as a leader in Bitcoin-focused financial services, with its product suite including Bitcoin custody, exchanges, debit cards, and credit solutions. Its signature offerings include the Fold Bitcoin Debit Card, Fold Bitcoin Gift Cards, and the Fold Bitcoin Exchange.
Additionally, the company has processed over $3.1 billion worth of transactions and distributed $83 million in Bitcoin rewards to date. This newly launched Fold Bitcoin Credit Card further expands its ecosystem by offering users pure Bitcoin rewards for daily purchases, solidifying Fold’s dominance in the Bitcoin-driven financial landscape.
As consumers increasingly seek ways to integrate cryptocurrency into their financial lives, the Fold Bitcoin Credit Card stands out as a transformative tool for earning, owning, and interacting with Bitcoin effortlessly through everyday spending.
