Hedraios on Nostr: 1.5% back in Bitcoin! Fold debit card? PSA: make sure to read the terms and ...
1.5% back in Bitcoin!
Fold debit card?
PSA: make sure to read the terms and conditions before jumping in to the Fold card, which offers (up to) 1.5% back in BTC.
Yes, you can theoretically get that reward rate some of the time on some of your purchases
But don't think you'll be getting straight 1.5% back in BTC every time you use the Fold debit card at the grocery store.
1.5% =
* after you pay the $100 annual membership ($120 if billed monthly)
* On bill payments that use ACH transactions
* After you "pre-load" reward eligibility the prior month by spending on gift cards, BTC purchases through Fold, debit transactions made through PAYPAL bill pay, or from select merchants which shift over time
* If you exceed a maximum amount or fail to meet a minimum amount of ACH bill pays, your 1.5% benefit amount is reduced or eliminated
I mean, it can work. Just starts to feel a little "bait and switchy" when you start trying to calculate all the asterisks.
Fold debit card?
PSA: make sure to read the terms and conditions before jumping in to the Fold card, which offers (up to) 1.5% back in BTC.
Yes, you can theoretically get that reward rate some of the time on some of your purchases
But don't think you'll be getting straight 1.5% back in BTC every time you use the Fold debit card at the grocery store.
1.5% =
* after you pay the $100 annual membership ($120 if billed monthly)
* On bill payments that use ACH transactions
* After you "pre-load" reward eligibility the prior month by spending on gift cards, BTC purchases through Fold, debit transactions made through PAYPAL bill pay, or from select merchants which shift over time
* If you exceed a maximum amount or fail to meet a minimum amount of ACH bill pays, your 1.5% benefit amount is reduced or eliminated
I mean, it can work. Just starts to feel a little "bait and switchy" when you start trying to calculate all the asterisks.