Should You Earn Bitcoin With Your Credit Card? Another Fintech Company Thinks So.

We know that rewards credit cards can earn points, airline miles, or cash-back. But earning cryptocurrency as rewards is rare — for now, at least.

A U.S. fintech company is preparing another entrant to the crypto-earning credit card market: a card that awards bitcoin, the most prevalent cryptocurrency, in exchange for spending on the card.

Read on for more about what we can expect when the card launches.

What We Know About the Fold Credit Card

Fold is a U.S. financial tech company offering bitcoin-based rewards through its debit card, which works like a traditional payment card but earns bitcoin instead of points or cash-back.

Now, it says it’s about to launch a credit card that will do the same thing. Like with the Fold debit card, however, users wouldn’t be trading or speculating on cryptocurrencies, Fold pointed out.

Fold said people can enter their email to be waitlisted for the credit card, and spoke of “strong interest in bitcoin-based rewards.” The company expects to launch the card later in 2025, but there isn’t a specific date yet.

According to a separate statement, Fold members will earn 1.5% unlimited bitcoin rewards, while Fold+ members will earn 2% unlimited bitcoin rewards. Fold+ membership costs $8.33 per month, billed annually at $100.

The card’s page on Fold’s website invites users to “stack sats,” crypto jargon for “accumulate small amounts of bitcoin.” A sat, or satoshi, is the smallest unit of bitcoin, named after the currency’s inventor, Satoshi Nakamoto. One satoshi is 1/100 millionth of a bitcoin, which at current valuations equals roughly $0.000964. You’d need a little more than 2 satoshis to make 1 dollar.

Bitcoin is up 3% so far in 2025, but its performance has been outstanding when looking at the past 12 months, when it has grown by more than 50%. In the same period, the S&P 500 index of U.S. shares has gained only 8%. Bitcoin has outperformed the stock market by almost 7 times.

However, Bitcoin — like other cryptocurrencies — is an unregulated, extremely volatile asset. The Securities and Exchange Commission (SEC), the government authority regulating U.S. financial markets, has repeatedly warned investors to be cautious with crypto. “The risk of loss for individual investors who participate in transactions involving crypto assets (…) remains significant,” the SEC said. In another bulletin, the SEC warned that cryptocurrencies are “highly speculative investments” and that “investors should consider the volatility of the price of bitcoin.”

It’s true that the Fold credit and debit cards don’t expose holders to investment in cryptocurrencies; users would simply earn bitcoin as rewards, and wouldn’t have capital at risk. Still, this card’s rewards are denominated in a highly volatile currency, which could lose value against the U.S. dollar.

All loyalty currencies are subject to devaluation, which we see all the time, typically when the amount of that currency needed to purchase travel goes up. But they are, compared to crypto, historically far less volatile.

Final Thoughts

Should you earn bitcoin on your credit-card spend rather than points you can transfer to travel providers, or airline miles? The answer depends on your financial situation and appetite for earning rewards denominated in a currency known for its volatility.

We will be closely following the launch of the Fold card and will bring you further news as soon as we have more information.