Fold to Launch New Bitcoin Rewards Credit Card Supported by Stripe and Visa

ChainCatcher news, Bitcoin financial services company Fold announced that it has selected programmable financial services company Stripe to support its upcoming Fold Bitcoin rewards credit card.

This card is a Bitcoin-only rewards product designed to turn everyday spending into a direct way to acquire Bitcoin. The card is issued based on the Visa network and supported by Stripe Issuing, offering up to 3.5% cashback on every purchase, with no category restrictions and no deposit required. Cardholders can instantly receive unlimited 2% cashback, and if they use a Fold checking account for eligible spending repayments, they can receive up to an additional 1.5% cashback. In addition, when cardholders spend at top brands within the Fold rewards network, they can receive up to 10% cashback. These brands include Amazon, Target, Home Depot, Lowe's, Uber/Uber Eats, Starbucks, DoorDash, Best Buy, and hundreds of others.