The Fold Credit Card earns 1.5-5% BTC cashback on a Visa credit card with no annual fee, available in US.
Fold Holdings, Inc. (Nasdaq: FLD) is a US Bitcoin-rewards financial services company founded in 2019 by Will Reeves, Matthew Luongo, and Corbin Pon. Fold completed a SPAC merger with FTAC Emerald Acquisition Corp. and began trading on Nasdaq on February 19, 2025; products include an FDIC-insured checking account and a Visa prepaid debit card with bitcoin rewards.
The Fold Credit Card is a crypto credit card offered by Fold, available in US. It offers 1.5-5% BTC cashback across 6 reward tiers, giving users the ability to earn higher rates as they increase their commitment. There is no annual fee to hold this card.
Best suited for spenders who want a true credit line rather than a pre-funded crypto debit card. It runs on the Visa network and requires full identity verification.
New to crypto cards? Read our complete buyer's guide to understand fees, rewards, and how to choose. Concerned about privacy? See our KYC vs non-KYC comparison. Compare more options in our best crypto cards in the US guide. See where it ranks among the best crypto credit cards.
| Tier | Rate | Requirement |
|---|---|---|
| Base | 1.5% | 1.5% BTC back on all eligible purchases, uncapped |
| Reserve $15,000 | 1.75% | $15,000+ assets held as a Fold Reserve balance (closed-loop stored value, not redeemable for cash): 1.75% on the first $5,000/mo of eligible spend, 1.5% above |
| Reserve $25,000 | 2% | $25,000+ assets held as a Fold Reserve balance (closed-loop stored value, not redeemable for cash): 2% on the first $5,000/mo of eligible spend, 1.5% above |
| Reserve $50,000 | 3% | $50,000+ assets held as a Fold Reserve balance (closed-loop stored value, not redeemable for cash): 3% on the first $5,000/mo of eligible spend, 1.5% above |
| Reserve $75,000 | 4% | $75,000+ assets held as a Fold Reserve balance (closed-loop stored value, not redeemable for cash): 4% on the first $5,000/mo of eligible spend, 1.5% above |
| Reserve $100,000 | 5% | $100,000+ assets held as a Fold Reserve balance (closed-loop stored value, not redeemable for cash): 5% on the first $5,000/mo of eligible spend, 1.5% above |
On $500/mo spend, the estimated monthly cost breakdown for Fold Credit Card is: gas $0.00, conversion spread $0.00, flat transaction fees $0.00, and amortised card/tier fee $0.00, for a total drag of 0% of spend. After $8.00/mo cashback that nets a gain of about $8.00/mo ($96.00/yr). Fold Credit Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. Figures are conservative estimates and vary with conditions.
The Fold Credit Card is a true Visa credit card issued by Celtic Bank and powered by Stripe Issuing, a different product from Fold's long-running prepaid debit card (issued by Sutton Bank), and it is the first Fold product that earns rewards across Visa's merchant base rather than inside the Fold app. There is no annual fee on the card itself, though Fold notes other fees such as returned-payment and late-payment charges can apply.
The rewards ladder is the real differentiator, and also the catch: everyone earns 1.5% back in bitcoin on eligible purchases with no cap, and the higher rates depend on how much you keep in Fold Reserve. The card page lists 1.75% at a $15,000 Reserve balance, 2% at $25,000, 3% at $50,000, 4% at $75,000 and the advertised 5% at $100,000, each applying only to the first $5,000 of eligible purchases a month, with spend above that back at 1.5%. Fold Reserve is closed-loop stored value issued by Fold, redeemable only for Fold products and services and not for cash, so the 5% asks you to park $100,000 inside Fold's own system for at most $250 a month in bitcoin rewards, $175 more than the base rate pays on the same $5,000. For most cardholders the dependable number is 1.5%.
Access is the other constraint. Fold's own annual report describes a limited March 2026 launch in which the first underwritten cardholders were internal team members, and the public rollout to waitlist members only began May 27, 2026 in scheduled batches. Since this is a revolving credit line, the usual credit-card math applies: bitcoin rewards only pencil out for people who pay in full, and there is not yet enough independent cardholder history to judge approvals, limits, or servicing.
Independent reports specific to this credit card are effectively nonexistent so far, which follows from the timeline: a limited internal launch in March 2026 and batched waitlist rollout starting May 27, 2026 [1][2]. Most online sentiment about "the Fold card" still describes the older prepaid debit product, and the testimonials on Fold's own site are provider-curated, so we do not treat them as independent evidence. Approval odds, credit limits, and reward-posting reliability for this card should be considered unestablished at time of writing.
Updated 2026-10-24
Note: No-annual-fee Visa credit card issued by Celtic Bank. Limited launch March 2026 (internal cardholders first); public waitlist rollout began May 27, 2026. REWARDS RESTRUCTURE (2026-10-24): foldapp.com/credit-card now pays 1.5% back in bitcoin on eligible purchases with no cap, and raises the rate on the first $5,000 of eligible purchases each calendar month by Fold Reserve balance: 1.75% at $15,000, 2% at $25,000, 3% at $50,000, 4% at $75,000 and 5% at $100,000. Spend above $5,000 a month, and all spend without a qualifying Reserve balance, earns 1.5%. Fold publishes no tier names, so the names here are descriptive. Fold Reserve is closed-loop stored value issued by Fold, Inc., redeemable only for Fold products and services and not for cash; Fold says the balance is never locked and can be spent on bitcoin, gift cards or the card bill. Credit card and debit card rewards cannot be earned at the same time. The +0.5% bonus for paying the statement in bitcoin and the up-to-4% Auto-Stack boost on the first $2,000 a month recorded earlier no longer appear on the card page, and neither do the $250 sign-up bonus, the waitlist or the Fold+ 20% merchant rate. Rewards locked 30 days after posting.
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The Fold Credit Card is a crypto credit card offered by Fold. It is available in US and allows users to spend cryptocurrency at merchants worldwide.
The Fold Credit Card offers 1.5-5% BTC cashback. There are 6 tiers: Base (1.5%), Reserve $15,000 (1.75%), Reserve $25,000 (2%), Reserve $50,000 (3%), Reserve $75,000 (4%), Reserve $100,000 (5%).
The Fold Credit Card has an annual fee of $0. Additional fees: Conversion fee: n/a (USD credit card, BTC rewards); FX fee: 0% (no fee on foreign-currency transactions, per the cardholder agreement); Top-up: n/a.
Top-up methods include Revolving credit line (Celtic Bank, Visa network, Stripe Issuing).
Yes. The Fold Credit Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The Fold Credit Card is available in US.
The Fold Credit Card is a true credit card, meaning you can make purchases on credit rather than needing to pre-fund the card with cryptocurrency.
Yes, the Fold Credit Card supports Apple Pay and Google Pay for contactless payments.
The Fold Credit Card is issued by Celtic Bank.
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