US · FDIC
Fold review
Stack sats on every purchase — FDIC-insured, Nasdaq-listed
The verdict
5.2 / 10 · SKIP
The only US Bitcoin rewards debit card backed by a publicly traded company with FDIC-insured deposits — but limited features and poor support cap its appeal.
◆ BUY IT IF
- FDIC-insured deposits — protected up to $250,000
- Publicly traded on Nasdaq (FLD) — transparent company
- Earn Bitcoin on every purchase automatically
- No monthly fee on standard plan
◇ SKIP IT IF
- 1.8/5 Trustpilot — significant user frustration
- US-only — not available internationally
- No yield on deposits — cashback only
- BTC only — no altcoin support
§ 01 SCORE BREAKDOWN
Eight axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
Banking via Blue Ridge Bank (FDIC insured); money transmitter licences in multiple US states; Nasdaq listed (F
Card & IBAN
Debit card without native IBAN
Yield
No yield product
Coin selection
1 coins supported
App UX
Transparency
Proof of Reserves, public filings, incident history
Fees & spreads
No trading — cashback only, no yield product
Support
§ 03 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- Banking via Blue Ridge Bank (FDIC insured); money transmitter licences in multiple US states; Nasdaq listed (FLD)
- FDIC insurance
- Yes
- MiCA compliant
- No
- Founded
- 2019
- HQ
- United States (public company, Nasdaq: FLD)
Fees
- Monthly account fee
- Free
- Trading fee
- —
- Withdrawal fee
- free ACH; Bitcoin withdrawal variable
Yield & products
- Earn yield
- 0.5–10% BTC cashback on spending (not interest yield)
- Max APY
- —
- Staking
- No
- Crypto-backed loans
- No
- Supported coins
- 1
Banking
- IBAN
- No
- Debit card
- Yes
- DeFi access
- No
- NFT support
- No
Regions
- Regions available
- US
- Markets served
- United States
Support
- Trustpilot
- 1.8/5 · 350 reviews
Watch-outs
- Applies to: AvailabilityUS-only — not available outside the United States.
- Applies to: InsuranceFDIC insurance applies to USD at Blue Ridge Bank, not to your bitcoin balance.
§ 04 FAQ
Frequently Asked Questions
Is Fold safe? +
Fold has a regulatory status of: Banking via Blue Ridge Bank (FDIC insured); money transmitter licences in multiple US states; Nasdaq listed (FLD). Deposits are FDIC insured up to $250,000. Always verify current regulatory status directly with the platform before depositing.
What is the maximum APY on Fold? +
Fold does not offer a traditional yield/APY product. 0.5–10% BTC cashback on spending (not interest yield)
Where is Fold available? +
Fold is available in: US. Markets served: United States.
Does Fold have a debit card? +
Yes. Fold offers a debit card.
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