What are the different types of Fold Card spinwheel rewards?

All rewards based on purchases are based on our spinwheel.  Our spinwheel updates regularly, so be sure to see our current spinwheel to see today's prizes.  

After a purchase is authorized, you have five minutes to spin the wheel in order to get a reward.

There are several categories of rewards, and we are constantly adding new ones.  Some of the common ones are:

 

Matches

Matches are measured in multiples (2x, 10x, 100x).

Deposit Match

This reward matches the settled deposits you have made in the 30 days prior to the win in sats, multiplied by the active multiple. 

For example, for a 2x Deposit Match, if you deposited $1,000 in the prior 30 days, you would receive 2,000 sats.

Savings Match

This reward matches the current settled USD balance you have in your account, multiplied by the active multiple. 

For example, for a 2x Savings Match, if you had a settled balance of $1,000 at the time of the win, you would receive 2,000 sats.

Referrals Match

This reward matches the number of verified referrals you have made, multiplied by the active multiple.  A verified referral is a referral where a user has signed up for the Fold App using your unique referral link. 

For example, for a 100x Referral Match, if you had 10 referrals, you would receive 1,000 sats.

Spending Match

This reward matches the size of a purchase, multiplied by the active multiple. 

For example, for a 50x Spending Match, if you had a purchase of $100, you would receive 5,000 sats.

 

Santa-oshi Match

The Santa-oshi Bonus is triggered on purchases of greater than or equal to $21.  Purchases less than $21 earn 2,100 sats.

The reward matches the number of settled debit card purchases made in the last 30 days (excluding Fold Gift Card purchases), multiplied by 21.

For example, if you had settled debit card purchases of $1,000 in the last 30 days, you would receive 21,000 Sats.

Why the number 21?  Because there will only ever be 21,000,000 bitcoin.  Ever.  If you didn't know that already, welcome to the Fold.

 

Boosts

Boosts are percentages (1%, 2%)

Spending Boost

This reward boosts the rewards your purchase by the listed percentage. 

For example, for a 1% spending boost on a $100 purchase, you would receive $1, in sats.

Fold Gift Card Boost

This reward boosts the rewards on your next gift card purchase by the listed percentage.

For example, if you won a 1% Fold Gift Card Boost, then you bought a $100 gift card, you would earn an additional $1 in sats after you made that gift card purchase.

Rewards Balance Boost

This reward boosts the rewards current settled balance in your rewards account by the listed percentage.

For example, for a 1% Rewards Balance Boost, and you had 100,000 sats in your reward account, you would earn an additional 1,000 sats.  

Fold Store Boost

This reward boosts the rewards on your next purchase at store.foldapp.com.  

For example, if you won a for a 25% Fold Store Boost, then you bought a $100 worth of great Fold gear, then you would earn an additional $25 in sats after you made that Fold Store purchase.

 

Bonuses

Bonuses are flat rewards. (1 Bitcoin, 2500 sats, etc.)

1 Bitcoin Bonus

This reward gives you 1 bitcoin!  Holy cow! This is not subject to prize-specific purchase minimums. 

For example, you can win 1 Bitcoin on any purchase.

X Sat Bonus

This reward gives you a flat amount of sats per purchase.  It is not subject to prize-specific purchase minimums.

For example, for any purchase, you win 2,500 sats.

Over/Under Bonus

This reward gives you a large number of sats if you spend above an amount, and a small number of sats if you spend below that amount.  

For example, on a 100,000 Sat Over/Under Bonus, with a $100 cutoff:

  • On a purchase that is $100 or more, you win 100,000 sats.
  • On a purchase that is less than $100, you win 1,000 sats.

 

The spinwheel is triggered within 5 minutes of the authorization of an eligible purchases. For more details and the specific terms and conditions, see the current spinwheel terms and conditions in www.foldapp.com/legal 

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