Stripe and Visa Back Fold’s New Bitcoin Rewards Credit Card

Fold Holdings Inc. has unveiled plans to launch a new credit card that puts Bitcoin at the center of everyday spending.

The product, called the Fold Bitcoin Credit Card™, will be powered by Stripe’s issuing infrastructure and run on the Visa network, giving users the ability to earn Bitcoin instead of traditional reward points or cashback.

The company, best known for building financial tools that make digital assets easier to use, said the goal is to transform shopping into a straightforward path to Bitcoin ownership. “We’ve always believed Bitcoin could power real financial tools,” said Fold CEO Will Reeves, adding that Stripe’s systems and Visa’s global reach make it possible to deliver the card at scale.

Turning shopping into Bitcoin accumulation

Unlike many rewards cards that tie bonuses to specific categories, Fold’s new product offers a flat structure. Cardholders earn 2% back in Bitcoin instantly on all purchases, with the chance to boost rewards by another 1.5% if payments are made using a Fold Checking Account with qualifying activity. For select retailers, including Amazon, Target, Starbucks, DoorDash, and Best Buy, rewards can climb as high as 10% back.

Reeves emphasized that simplicity is key. There are no staking requirements, token lock-ups, or exchange accounts needed. Instead, every purchase directly converts rewards into Bitcoin, making the process as accessible for newcomers as it is for experienced crypto users.

Stripe and Visa’s role in the rollout

For Stripe, the partnership highlights its ambition to become a backbone for new financial products. “Our Issuing platform is designed for exactly this purpose,” said Sateesh Kumar Srinivasan, Head of Money Management at Stripe. By handling the complexity of card issuing, the company allows Fold to focus on the customer-facing experience.

Visa, meanwhile, sees the Fold card as another opportunity to cement its position in the crypto payments space. “Pairing Fold’s Bitcoin rewards with Visa’s scale and security gives consumers a safe, simple way to earn Bitcoin as they shop,” said Cuy Sheffield, Visa’s Head of Crypto. The card can be used anywhere Visa is accepted, instantly broadening Fold’s reach to millions of merchants worldwide.

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Building on Fold’s existing ecosystem

The new credit card is the latest addition to Fold’s expanding ecosystem of Bitcoin-focused products, which already includes a debit card, exchange services, and gift card platform. To date, the company has processed more than $3.1 billion in transactions and distributed $83 million worth of Bitcoin rewards to its users.

With the credit card launch, Fold hopes to cement its role as a bridge between everyday financial activity and Bitcoin adoption. By integrating reward structures people already understand with the appeal of Bitcoin accumulation, the company is betting that crypto can move further into the mainstream without sacrificing accessibility.

The bigger picture

The Fold card arrives at a time when crypto-linked financial products are becoming more common but still face regulatory scrutiny. Its focus on Bitcoin-only rewards, without exposure to volatile altcoins or experimental tokens, could make it appealing to both regulators and cautious users.

If widely adopted, the Fold Bitcoin Credit Card may not only help individuals accumulate Bitcoin passively but could also signal how payment networks and fintech providers plan to integrate digital assets into traditional finance.

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