Bitcoin financial services company Fold Holdings has announced the launch of its first-ever Bitcoin-only credit card, designed to reward users directly in BTC for their everyday spending. The card, issued on the Visa network and powered by Stripe Issuing, aims to make Bitcoin more accessible to consumers by embedding rewards into daily transactions.
Reward Package With Everyday Utility
The Fold Credit Card offers a competitive rewards system that delivers up to 3.5% back in Bitcoin on purchases. According to the company, cardholders will receive 2% BTC rewards instantly, while the remaining 1.5% becomes available once users pay off their balances through a Fold Checking account.
Beyond the base rewards, Fold has secured partnerships with major retail brands including Amazon, Starbucks, Home Depot, and Target, offering cardholders the chance to earn as much as 10% back in Bitcoin during special promotions. Rewards are distributed automatically to users’ Fold accounts, removing the friction typically associated with crypto-based loyalty systems.
Simplifying Bitcoin Access
Fold CEO and founder Will Reeves described the launch as a major step toward Bitcoin adoption. He emphasized that the card eliminates the barriers often linked to crypto reward programs, such as staking tokens, navigating complex categories, or maintaining separate exchange accounts.
“This card is designed to make earning Bitcoin as simple as swiping for coffee or groceries,” Reeves said.
Executives from Visa and Stripe also voiced their support. Cuy Sheffield, Visa’s Head of Crypto, highlighted that cardholders can use the Fold card at any location where Visa is accepted worldwide, seamlessly earning Bitcoin in the process. Meanwhile, Sateesh Kumar Srinivasa, Head of Money Management Product at Stripe, expressed enthusiasm about enabling the credit card through Stripe Issuing, reinforcing Stripe’s role in powering modern fintech innovations.
Expanding Fold’s Bitcoin Ecosystem
Fold Holdings has steadily positioned itself as a leader in Bitcoin financial services. The company already offers a Bitcoin Debit Card, gift card options, and a custody and trading platform. To date, Fold has distributed over $83 million worth of Bitcoin rewards from a total processed transaction volume exceeding $3.1 billion.
With the credit card launch, Fold intends to expand its ecosystem further, bringing Bitcoin rewards to mainstream consumers through a familiar financial product.
Driving Mainstream BTC Adoption
Fold’s Bitcoin-only credit card underscores the growing trend of merging traditional financial products with digital assets. By allowing consumers to accumulate Bitcoin passively through purchases, Fold lowers the entry barrier for those who might otherwise find crypto investment daunting.
The initiative mirrors similar offerings in the crypto industry, such as Gemini’s crypto credit card, which provides up to 4% back in cryptocurrencies. However, Fold’s emphasis on Bitcoin-only rewards—and its partnerships with Visa, Stripe, and leading retailers—sets it apart as a product designed to both simplify and accelerate Bitcoin adoption.
As Fold’s credit card goes live, it may mark a turning point for consumers seeking straightforward, everyday pathways to Bitcoin ownership.