How do I use Instant Debit Card Funding?

Instant Debit Card Funding is available to cardholders. All Instant Funding deposits are subject to a 1.5% fee.

Instant Funding allows you to fund your Fold Debit Card within seconds using an external debit card. 

 

In order to use Instant Funding, you must first set up an account with Astra.

You'll be asked to enter your SSN and phone number again to verify your identity. If you are already using our in-app ACH method, you most likely have already done this step.

More information on Astra, please see: What is Astra?

 

Follow these easy steps to fund your Fold Debit Card with a linked debit card: 

  1. Open the Fold app
  2. Tap the Deposit button near the top of the home screen
  3. Tap Instant
  4. Tap your preferred debit card, or tap Add debit card to add a new one, then follow the steps to link your debit card through Astra.
  5. Tap the Use this card button at the bottom
  6. Input the amount you would like to deposit to Fold
  7. Tap Continue
  8. Tap the Confirm deposit button... Success!

 

If these instructions do not match the options visible in your current version of the Fold app, please follow our standard troubleshooting steps to ensure you are getting the most up-to-date experience in the app!

 

Notes:

  • **Instant transfers into your Fold Account will appear on your bank statement as "ASTRA*Fold"
  • In order to use Instant Debit Card Funding, you'll need a debit card from another bank; credit cards won't work.
  • Many prepaid debit cards block these types of transactions. If your card was declined, your card provider is not allowing the transaction to go through, and you'll need to contact them to find out why.

  • Be aware your bank may flag multiple transactions in a short period of time. If this happens, reach out to your bank.

     

If you're unable to use Instant Debit Card Funding

You can try our alternate funding methods:

  1. Direct Deposit from Employer - How do I enroll in direct deposit?
  2. In-app ACH deposit - How do I link my external bank account in the app?
  3. Manually link your bank via the external ACH function - detailed instructions here

  4. Apple Pay or Venmo (instant comes with fees from Apple/Venmo) - How do I fund my Fold Debit Card instantly with Apple Cash, Venmo, or PayPal?

     

If you have any questions, or need further assistance, please email us at support@foldapp.com. 

 

**Any rewards earned and bitcoin purchases are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.**

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