Fold starts rolling out Bitcoin credit card with 4% rewards offer

Fold Holdings has started issuing its Fold Bitcoin Credit Card to selected waitlist members, adding a consumer credit product to its growing Bitcoin rewards and workplace payments business.

According to a modified company release, Fold is rolling out the card in batches over the coming weeks and months. The product runs on the Visa network, uses Stripe Issuing, and gives users bitcoin rewards on everyday card spending.

Fold starts Bitcoin credit card rollout

Fold said the card offers a base rate of 1.5% back in bitcoin on purchases. The company said users can earn up to 4% back through behavior-based rewards and targeted offers from Fold’s partner network.

The release said cardholders who pay their bill in bitcoin receive an extra 0.5% back on that payment. Fold also said the card is accepted at 175 million Visa merchants.

Physical cards have started shipping to active holders, according to Fold. New applicants will receive a physical card after approval, while approved users can access a virtual version through the Fold App for Apple Pay and Google Pay.

Visa, Stripe are issuing a new power card

Fold said the card includes real-time bitcoin reward tracking inside its app. The company also listed lock-and-unlock controls, fraud alerts, and payment options via a Fold Checking account or an external bank.

Fold co-founder and CEO Will Reeves said in the release that the launch was a “pivotal milestone” for the company. Reeves said the card avoids “complicated points systems” and instead gives users a direct way to earn bitcoin on purchases.

The rollout gives Fold another consumer-facing product at a time when the company is trying to connect bitcoin rewards with everyday financial activity.

Meanwhile, Fold Holdings recently reported first-quarter 2026 results that missed analyst expectations. The company reported earnings per share of -$0.59, compared with analyst forecasts of -$0.13.

Fold’s revenue also came in below expectations. The company generated $5.59 million in revenue, while analysts had expected $10.09 million. Those results placed more attention on Fold’s product launches as investors reviewed the company’s ability to grow revenue and narrow losses.

Fold also pushes Bitcoin bonuses

Fold’s Bitcoin credit card launch comes after Fold Holdings previously rolled out a Bitcoin-based bonus program for employees, as covered by crypto.news. Fold said the product expands its effort to bring bitcoin into workplace compensation.

The company said the program was launched through Fold Business, its enterprise arm. Fold said it allows companies to distribute recurring bonuses in bitcoin without managing custody or compliance themselves.

Reeves said employers needed a bonus tool that was simple enough for HR and finance teams to use without requiring them to become Bitcoin experts. Fold said it handles dollar-to-bitcoin conversion and distribution, while employers can set bonus amounts in fiat terms and still offer workers bitcoin exposure.