Fold Card Review 2026

Name: Fold Card
Brand: Visa
Availability: InStock

Reviewed by Mihail B. in October 2026 · Data verified October 14, 2026 · how we verify

3.4 / 5.0Sweepbase rating

Algorithmic score, not user reviews: how it is calculated

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CustodyCustodial

NetworkVisa Prepaid Debit

Cashback0.25%, up to 3% with Fold Reserve

RegionsUSA

Fees and limits

Issuance fee	Free
Annual fee	Free. Fold removed the Fold+ membership and its fee on 1 October 2026; the separate Fold Reserve balance that sets the rewards tier has no fee to hold
FX fee	$3.00 per foreign transaction; waived for Fold Reserve members with a Reserve balance of $5,000 or more
ATM limit	$250 per withdrawal, $1,000 a day and $1,000 a month; $3.50 per withdrawal, waived for Fold Reserve members with a Reserve balance of $5,000 or more
Spending limit	$15,000 a day and per transaction; $50,000 a month

Fees change; the current ones are in Fold’s terms.

Features

Cashback: 0.25%, up to 3% with Fold Reserve
The fine print
- 0.25% back in bitcoin on eligible debit card purchases for every cardholder
- A Fold Reserve balance raises the debit rate: 0.25% at $5,000, 0.5% at $15,000, 1% at $25,000, 1.5% at $50,000, 2% at $75,000 and 3% at $100,000
- Fold says the Reserve boost applies to the first $5,000 of eligible purchases each calendar month and to one card only, defaulting to the Fold Bitcoin Credit Card if you hold one
- Spend above that earns 0.25%
- The rewards wheel, gift-card sats and the referral programme are open to all users
KYC: Yes
Card type: Virtual + Physical
Top up with: Direct deposit to the card account's routing and account numbers
Full list
- ACH from a linked external bank account
- Instant load from an external debit card (1.5%, max $25)
- Fold can also credit the card with the proceeds of a bitcoin sale
Available countries: United States

Who issues the Fold Card

The Fold Card is issued by Sutton Bank, USA (Ohio). The issuer is named in the source linked below.

Primary source · All cards issued by Sutton Bank · Why the issuer matters

Pros and cons

Pros

✓
Bitcoin back on every eligible card purchase, 0.25% for everyone and up to 3% with a Fold Reserve balance
The fine print
- No monthly or annual fee now that Fold+ is gone
- US routing and account numbers for direct deposit and ACH
- USD card balance eligible for pass-through FDIC insurance at Sutton Bank
- Rewards wheel and gift-card sats open to all users
Earn up to 3% cashback on eligible purchases
No card issuance fee

Cons

✗
US only
The fine print
- The base rate is 0.25%, and higher debit rates need $15,000 to $100,000 parked in Fold Reserve, which is not FDIC insured, pays no interest and turns back into dollars only through a bitcoin buy and sell
- The Reserve boost covers the first $5,000 of purchases a month and one card only
- $3 per foreign transaction and $3.50 per ATM withdrawal below a $5,000 Reserve balance
- Rewards are paid in bitcoin, which is volatile
No IBAN or SEPA account

Regional availability

Available in the United States

The Fold Card is for US residents: United States.

Card overview

Fold sells two cards under one name, and this page covers the prepaid one. The Fold Card is a custodial Visa prepaid issued by Sutton Bank, Member FDIC, for US residents; the Fold Bitcoin Credit Card is a separate Celtic Bank product, reviewed on its own page. Fold no longer offers its paid Fold+ membership: its terms removed it from 21 September 2026 and the card agreement dropped its fee from 1 October 2026. Every prepaid cardholder now earns 0.25% back in bitcoin on eligible purchases.

A Fold Reserve balance, which Fold is opening to accounts in stages, raises the rate: 0.5% at $15,000, 1% at $25,000, 1.5% at $50,000, 2% at $75,000 and 3% at $100,000, though Fold's credit card page puts the top debit rate at 2.5%. The boost covers only the first $5,000 of eligible purchases each calendar month and only one card, which defaults to the credit card if you hold both; spend above that earns 0.25%. The Reserve balance is not FDIC insured, pays no interest and turns back into dollars only through a bitcoin buy and sell.

A Reserve balance of $5,000 or more also waives the $3 charge on each foreign transaction and the $3.50 ATM fee. The rewards wheel and gift-card sats stay open to everyone. You fund the card by direct deposit to its own routing and account numbers, by ACH from a linked bank account, or by instant load from a debit card (1.5%, at most $25), and Fold can also credit it with the proceeds of a bitcoin sale. The card funds pay no interest.

Custody is custodial: bitcoin sits with BitGo (insurance cited up to $250M), and USD gets FDIC pass-through up to $250,000 via Sutton Bank. US-only, KYC required. Rewards pay natively in sats, and bitcoin can lose value.

Best fit: US bitcoin savers who can park $15,000 or more in Fold Reserve and will fill the $5,000 monthly boost window
Wrong card if: you want self-custody, live outside the US, or expected fiat cashback

Editor’s note by Mihail B. · Founder & Editor

Reviewed October 2026 Verified against issuer docs

This page covers the Fold Card, a prepaid Visa from Sutton Bank. It is not the Fold Bitcoin Credit Card, which Celtic Bank issues and which we review separately. Fold no longer offers Fold+ (its terms removed it from 21 September 2026 and the card agreement dropped its fee from 1 October 2026), and a Fold Reserve balance now sets the rewards tier; Fold is opening Reserve to accounts in stages. Every cardholder earns 0.25% back in bitcoin.
The debit rate rises to 0.5% at $15,000 in Reserve and up to 3% at $100,000, on the first $5,000 of purchases a month, and a $5,000 Reserve waives the $3 foreign transaction fee and the $3.50 ATM fee. Since 13 October Fold's terms base those waivers and boosted rates on a Committed Balance rather than the Reserve balance, while the card agreement still says Reserve Balance. Reserve is closed-loop stored value bought from Fold, is not FDIC insured and pays no interest, so $100,000 parked there earns at most $137.50 a month over the base rate on card spend.
Fold's own pages disagree on the top debit rate: the Reserve page says 3%, the credit card page says 2.5%. Fold also now offers a separate Spending Account at Lead Bank; its agreement covers a debit card only if Lead Bank issues one, so this page stays on the Sutton Bank prepaid card.

Common questions about the Fold Card

We do not collect user reviews. Answers come from the card terms, the issuer disclosure and the regulator registers we could reach, rechecked on the Data verified date above.

What are the fees for the Fold Card?

The one charge on the Fold Card is its FX fee: $3.00 per foreign transaction. No issuance or annual fee.

Is the Fold Card legit, and who is behind it?

The issuer of record for the Fold Card is Sutton Bank, USA (Ohio), named in the terms published at suttonbank.com.

Is the Fold Card worth it?

Best fit for the Fold Card: US bitcoin savers who can park $15,000 or more in Fold Reserve and will fill the $5,000 monthly boost window. Wrong card if you want self-custody, live outside the US, or expected fiat cashback. The advertised cashback is up to 3%.

How does the Fold Card cashback work?

0.25% back in bitcoin on eligible debit card purchases for every cardholder. A Fold Reserve balance raises the debit rate: 0.25% at $5,000, 0.5% at $15,000, 1% at $25,000, 1.5% at $50,000, 2% at $75,000 and 3% at $100,000. Fold says the Reserve boost applies to the first $5,000 of eligible purchases each calendar month and to one card only, defaulting to the Fold Bitcoin Credit Card if you hold one.

Where is the Fold Card available?

Fold Card: USA only.

What are the Fold Card's ATM and spending limits?

ATM: $250 per withdrawal, $1,000 a day and $1,000 a month; $3.50 per withdrawal, waived for Fold Reserve members with a Reserve balance of $5,000 or more. Daily spending: $15,000 a day and per transaction; $50,000 a month.