There are a number of ways to earn rewards from Fold, and they depend on your Fold plan:
What the Reserve balance unlocks:
Credit card rewards up to 5% back in bitcoin**
Debit card rewards up to 3% back in bitcoin**
Bill pay rewards up to 3% back in bitcoin**
Zero-fee bitcoin exchange*
Bitcoin back on every gift card purchase
*Some spread is still included. A "spread" is a small markup built into the bitcoin price. The partner spread remains across the board, but the Fold spread goes away at Tier 1 of Reserve.
**Anything above the Reserve Balance Tier, eg. $5,000, earns 1.5% on credit, 0.25% on debit and nothing on bill pay. The rewards boost also goes to one card only (credit OR debit, but not both), and if the customer has a credit card, the rewards will automatically default to the credit card over the debit card. The 5% rate requires the Fold Bitcoin Credit Card and a $100,000 Fold Reserve balance, and applies to your first $5,000 in eligible purchases each month. 1.5% back in bitcoin on eligible purchases, with no cap. Rewards are earned on your eligible spend, not on your balance. Holding a Fold Reserve balance can boost your rate on your first $5,000 in eligible purchases each calendar month. Eligible purchases above that amount, and all eligible purchases if you do not hold a qualifying Reserve balance, earn the 1.5% base rate. You earn a boost on only one card at a time. Rewards are provided by Fold, not Celtic Bank. Rates are subject to change. See the Cardholder Agreement and our Terms and Conditions. The Fold Bitcoin Credit Card™ is issued by Celtic Bank, pursuant to a license from Visa U.S.A. Inc.
Tier | Reserve Balance | Credit card rewards | Debit card rewards | Bill pay rewards |
Non-Reserve | $0-4,999 | 1.5% | 0.25% | 0.00% |
1 | $5,000 | 1.5% | 0.25% | 0.25% |
2 | $15,000 | 1.75% | 0.5% | 0.5% |
3 | $25,000 | 2% | 1% | 1% |
4 | $50,000 | 3% | 1.5% | 1.5% |
5 | $75,000 | 4% | 2% | 2% |
6 | $100,000 | 5% | 3% | 3% |
Full details available here
2. Gift Cards
What: Sats back on gift card purchases
Plan: Available to all users on the Basic plan (no Reserve membership required, although Reserve members typically get more sats back on gift card purchases)
3. Spin Squad
What: Sats back through Fold’s referral program
Plan: Available to all users on the Basic plan (no Reserve membership required)
What: Free sats from spinning the rewards wheel
Plan: Available to all users on the Basic plan (no Reserve membership required, although Reserve members have access to exclusive prizes, such as 1 full bitcoin)