Fold, a leading Nasdaq-listed bitcoin financial services company, has announced an exciting collaboration with industry giants Stripe and Visa. Together, they are launching a groundbreaking credit card designed exclusively for bitcoin rewards, making it easier than ever for users to earn cryptocurrency on their everyday purchases.
Operating on Visa’s robust network and leveraging Stripe’s innovative Issuing infrastructure, the new Fold credit card offers an impressive 2 percent of all purchases converted directly into Bitcoin. This reward percentage can potentially increase to an even more attractive 3.5 percent through specific activities with a Fold Checking Account. The primary goal of this card is to simplify the process of earning Bitcoin, appealing to both crypto newcomers and seasoned enthusiasts alike. It eliminates the complexities often associated with crypto rewards, such as staking requirements, intricate categories, or separate exchange accounts.
Fold Credit Card Simplifies Earning Bitcoin While Highlighting Volatility Risks
This isn’t Fold’s first venture into the Bitcoin rewards space; they previously introduced a Bitcoin Rewards Credit Card in 2025, also in partnership with Visa. The market has seen a growing trend of fintech companies offering similar Bitcoin cashback cards, paving the way for wider crypto adoption. Several other crypto credit and debit cards have emerged over time, building a foundation for this evolving financial landscape.
Notable examples of such innovations include the Gemini Credit Card, which debuted in April 2021 in collaboration with Mastercard, the BlockFi Rewards Visa Signature Card launched in July 2021, and the Coinbase credit card, released in June 2025.
Cardholders of the new Fold card can also unlock enhanced rewards, receiving up to 10 percent back from a selection of popular retail partners, including major names like Amazon, Target, Home Depot, Starbucks, and Uber.
However, it’s crucial for users to acknowledge the inherent market volatility associated with Bitcoin rewards cards. While the potential for significant gains is high, it is equally accompanied by considerable risk. Financial analysts, spanning both traditional and crypto sectors, consistently highlight this aspect, advising caution.
Will Reeves, Fold’s founder and CEO, emphasized the card’s accessibility, stating, “It’s simple enough for someone new to bitcoin, but built with the transparency and control early adopters expect.”
Ted Rossman, a senior credit card industry analyst at Bankrate, offered a contrasting perspective: “You could get potential upside with less risk by doing something like buying an S&P 500 index fund with your cash back rewards or through cards offered by the likes of Fidelity and SoFi. But I still think crypto rewards cards appeal to a certain audience.”
Ultimately, the Fold Bitcoin Credit Card represents a significant stride in integrating digital assets with conventional financial tools. However, the impact of market volatility on the value of these rewards remains a critical factor for users to consider.