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re: Fold Bitcoin Card Users- Mortgage/Car Note/etc bill pay for rewards is live

Posted on 5/10/22 at 3:52 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80804 posts
Posted on 5/10/22 at 3:52 pm to
quote:

So i can earn my normal rewards on CC purchases, and then earn again when i pay the CC off using fold?

Yes

quote:

And I can earn on things that don't accept CC like mortgage, daughters rent, car note, etc?

Yes

As long as the company you are paying is within the Paypal bill pay network (most are).

quote:

I feel like there has to be a catch somewhere. So where's the catch?

None for now - eventually Paypal and/or the receiving companies will no longer eat the fees. It only works becauuse this Fold card is a prepaid debit. To my knowledge, there are no other pre-paid debit cards that offer rewards which is why this is unique.
This post was edited on 5/10/22 at 3:53 pm
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96042 posts
Posted on 5/10/22 at 4:21 pm to
Gotcha. Thanks for the info.
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96042 posts
Posted on 5/10/22 at 4:54 pm to
Is it seamless transferring the rewards to your btc wallet of choice?
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