Anybody use FoldApp and Fold+?
Curious about your impressions. I'm looking into it after listening to nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z 's latest episode with the founder.
#asknostr
Discussion
I used it for about a year. It was early on so the program changed frequently and the mortgage payments sometimes worked and sometimes didn't.
I think they have gotten the operations more in order but from my experience their benefits got worse every few months.
Pros
- sats back on everything
- truly a BTC only company
- nice synergy if you also want to buy sats on their platform
Cons
- average sats back was less than 1% for me
- you have to spend a lot to be able to do the mortgage one
- you can probably get more sats with a credit card (like amex 6% on groceries and convert that to sats)
- hard to track monthly spending
- no checks
I’ve stacked .145 in rewards with Fold+
It is my primary checking account.
They just started with ACH rewards. Paying mortgage and getting ₿itcoin back is 🤌🏻
I’ll throw you my schill link if you want some extra sats on first transaction.
CEOs on a bit of a marketing campaign if you ask me. They just went public and have outside investment now. I used it for about 6 months. The rewards got worse and worse and it became way more trouble than it was worth for 5 sats here and there.
Ask yourself where the rewards come from.