JUST IN: Fold Partners with Stripe and Visa | New Bitcoin Credit Card Launch 🚀
Edited By
Rahul Patel
A new partnership is shaking up the crypto payment scene as Fold, in collaboration with Stripe and Visa, has debuted a Bitcoin credit card. This move, made public on September 23, 2025, is already sparking discussion among the crypto community and potential cardholders alike.
What You Need to Know
The Fold credit card promises cardholders 2% back in Bitcoin instantly, with an added 1.5% boost for those repaying purchases through a Fold Checking Account, contingent on some unspecified “qualified activity.” This detail left many raising eyebrows about the card's terms. A comment noted, "If the qualified activity is a minimum amount of transactions per month… meh. Should be enough to just hold the checking account IMO." This point has triggered a conversation on whether the benefits justify any costs.
Mixed Reactions from Cardholders
As Fold attempts to carve out a niche in a competitive market, reactions are varied:
Some users find the offering intriguing, suggesting it presents a significant opportunity.
Others criticize the $10 monthly fee, questioning its worth. One commentator remarked, "Looks interesting but I'm not sure paying 10 bucks a month is worth it."
A few skeptical voices pointed to previous attempts by Fold to launch similar products, leading to distrust. "I’ve been hearing this since 2019 I’ll believe when I see it," stated another user, reflecting hesitance amid past failures.
Unpacking 'Qualified Activity'
The term* "qualified activity"* has left many confused and seeking clarification. One user shared, "I tried asking support what 'qualified activity' means in this context and I have yet to receive an answer."
Fold’s ability to clarify this term could play a crucial role in determining the card's success.
Key Takeaways
△ Cardholders earn 2% back in Bitcoin, plus 1.5% with conditions.
▽ $10 monthly fee raises questions about value for potential cardholders.
※ "If the qualified activity is a minimum amount of transactions per month… meh," - user comment highlighting user concerns.
Looking Ahead
As Fold ramps up its offerings with Visa and Stripe, the outcome remains uncertain. Will clearer terms lead to wider adoption among crypto enthusiasts? The growing buzz indicates that many are watching closely.
What Lies Ahead for Fold’s Bitcoin Card
As Fold continues to promote its Bitcoin credit card, there’s a strong chance we’ll see more clarity around the term "qualified activity" in the coming weeks. Experts estimate that if Fold can effectively address this ambiguity, adoption rates could rise significantly, particularly among crypto enthusiasts looking for instant rewards. Conversely, if they struggle to communicate these details, the skepticism noted in online discussions could stifle interest and limit market penetration. With competition heating up among crypto payment solutions, success hinges on customer trust and understanding.
Drawing a Unique Parallel from History
This situation is reminiscent of the rise of contactless payments in the early 2010s. Many prominent banks launched similar offers but faced backlash over unclear fees and confusing terms. Just as those banks had to adapt their messaging to reassure customers, Fold may find it crucial to shift its communication strategy to build credibility. The success stories from that era highlight that overcoming initial hesitation often relies on demonstrating tangible value to potential adopters, echoing a similar path forward for Fold.