The Fold Bitcoin credit card is a Visa-network rewards card that lets users earn Bitcoin on everyday spending, offering an unlimited 2% back plus up to 1.5% extra via Fold Checking and enhanced partner rewards up to 10%.
-
Fold partners with Stripe and runs on Visa to deliver BTC rewards.
-
Fold stock (Nasdaq: FLD) spiked early on the announcement but fell sharply on continued profit-taking.
-
Stripe reports $3.1 billion processed, $83 million distributed in Bitcoin rewards, and 1,485 BTC in treasury.
Fold Bitcoin credit card: Visa-based BTC rewards, up to 3.5% back, trade-aware investors—read latest FLD reaction and release status.
What is the Fold Bitcoin credit card?
The Fold Bitcoin credit card is a Visa-network rewards card that converts everyday spending into Bitcoin rewards. The card delivers an unlimited 2% back instantly, up to an additional 1.5% via Fold Checking, and enhanced partner rewards up to 10%.
How will the Fold card deliver Bitcoin rewards and who is behind the tech?
Fold Holdings says the card will run on the Visa network via a partnership with Stripe, a financial infrastructure firm. Stripe has public figures noting $3.1 billion in processed transaction volume and about $83 million already distributed in Bitcoin rewards, with 1,485 BTC held in treasury.
How is Fold’s stock (FLD) reacting to the announcement?
Fold (Nasdaq: FLD) opened at $4.69 on Tuesday after Monday’s $3.88 close, then retraced to $3.32 during intraday trading, a decline exceeding 14% from the open. The early surge followed prior momentum but failed to hold as market participants digested competing news and profit-taking.
| Metric | Value |
|---|---|
| Monday close | $3.88 |
| Tuesday open | $4.69 |
| Intraday low (as of writing) | $3.32 |
| 7-day change | +8% |
| 30-day change | -12% |
Why did FLD reverse after an early gain?
Market momentum reversed after investor speculation about a veteran industry figure joining Fold proved incorrect. Mike Alfred’s appointment was confirmed at Bakkt, not Fold, which triggered profit-taking in FLD and a parallel rally in Bakkt shares. Sentiment shifts from speculative catalysts are common for small-cap crypto equities.
What are the card’s reward mechanics and partner benefits?
The card provides an unlimited 2% BTC back on purchases. An additional up to 1.5% is available when payments route through a Fold Checking Account. Enhanced partner rewards—advertised up to 10%—apply with major retailers including Amazon, Target, Home Depot, Uber, and Starbucks.
How can users maximize earnings with the Fold card?
- Use the card for everyday, non-category-limited purchases to secure the base 2% BTC back.
- Link and pay through Fold Checking to gain the extra up to 1.5% where eligible.
- Shop with listed partner brands to access enhanced rewards up to 10% during promotions.
Frequently Asked Questions
Is the Fold Bitcoin credit card a Visa?
Yes. Fold confirmed the card will run on the Visa network through its integration with Stripe, enabling broad merchant acceptance and standard card rails.
Will Fold distribute real Bitcoin or tokenized rewards?
Fold says rewards are delivered as real Bitcoin, earned automatically with each purchase and not tied to utility tokens or staking requirements.
How did market sentiment affect FLD this week?
Speculation about an industry hire drove shares higher, but confirmation of that hire at a different company (Bakkt) triggered profit-taking and a price pullback in FLD.
Key Takeaways
- Visa + Stripe partnership: Fold’s card will use Visa rails and Stripe infrastructure to distribute BTC rewards.
- Clear rewards structure: Unlimited 2% back, up to 1.5% additional via Fold Checking, and partner boosts to 10%.
- Market sensitivity: FLD’s price movement reflects speculative catalysts and rapid sentiment shifts; monitor official release timelines.
Conclusion
The Fold Bitcoin credit card promises a simple path to earning Bitcoin through everyday spending via a Visa card powered by Stripe. Investors should note current FLD share volatility and await a formal release timeline before drawing conclusions. Follow official Fold and COINOTAG updates for release details and verified disclosures.
Published: 2025-09-23 · Updated: 2025-09-23 · Author: COINOTAG
