Fold Holdings has begun rolling out its Fold Bitcoin Credit Card to customers on the waitlist, adding a consumer credit product to its existing Bitcoin rewards and workplace payments business.
Reward Structure: 1.5% Base, Up to 4% Total
The card offers a 1.5% base rate of Bitcoin back on purchases. Through behavior-based rewards and targeted offers from Fold's partner network, users can earn up to 4% back in Bitcoin. Cardholders who pay their bill in Bitcoin receive an extra 0.5% back on that payment.
The card runs on the Visa network and is issued via Stripe Issuing. Fold says the card is accepted at 175 million Visa merchants. Physical cards have started shipping to active holders; new applicants will get a physical card after approval, while approved users can access a virtual version through the Fold App for Apple Pay and Google Pay.
Real-Time Tracking and Security Features
Fold includes real-time Bitcoin reward tracking inside its app, along with lock-and-unlock controls, fraud alerts, and payment options via a Fold Checking account or external bank.
Fold co-founder and CEO Will Reeves called the launch a “pivotal milestone.” He said the card avoids “complicated points systems” and instead gives users a direct way to earn bitcoin on purchases.
Q1 2026 Earnings Miss Add Pressure
Fold Holdings recently reported Q1 2026 results that missed analyst expectations: earnings per share of -$0.59 (vs. forecast -$0.13) and revenue of $5.59 million (vs. expected $10.09 million). The poor results place more attention on product launches as a way to boost revenue and narrow losses.
Workplace Bitcoin Bonus Program Also Rolling Out
The Bitcoin credit card launch follows Fold's earlier Bitcoin-based bonus program for employees, run through its enterprise arm Fold Business. The program lets companies distribute recurring bonuses in bitcoin without managing custody or compliance themselves. Reeves said employers needed a bonus tool simple enough for HR and finance teams to use without becoming Bitcoin experts. Fold handles the dollar-to-Bitcoin conversion and distribution; employers set bonus amounts in fiat terms while workers get Bitcoin exposure.