The Fold Card is a Visa general purpose reloadable prepaid debit card backed by Sutton Bank. With the Fold Card, you get an account number and a routing number from Sutton Bank, just like a checking account. It can be used anywhere Visa debit cards are accepted – online, in stores, and over the phone. Currently, the Fold Card is only available in the United States.
Fold Card rewards are awarded in satoshis, a unit of bitcoin (like cents are for dollars). You earn rewards in lots of ways, including spinning the spinwheel after each purchase.
The Fold Card is currently in invite-only beta. Join the waitlist to get an invite to the early access group.
Signing up for a Fold Card does not require a credit check. Currently, the Fold Card is only available to US residents.
To activate the Card Account, you will be required to provide your name, street address, date of birth and other information that will allow to identify you. The information is collected in accordance with The USA PATRIOT Act, a Federal law that requires all financial institutions and their third-party service providers to obtain, verify and record information that identifies each person who opens a Card Account.