Subnostr

The Fold card would be about 1000x more useful if it was as easy to transfer in and out as it is on the Cash App. They charge you 1.5% to use a debit card, which completely defeats the purpose. If you do it via bank transfer, it says 1-5 business days, but it always takes a lot more like 5 for me, and I am not cash rich, it sucks to have money tied up that long. I'd do direct deposit, but you can't get money out very easily. I would love to use it more because it feels like "free" money, but it's just not convenient.

The Bird 2y ago

It usually takes me about 3 business days for bank transfers unless a holiday is approaching then it's usually shorter. It has taken me a while to get used to an effective system for it. My wife also uses it so we have staggered inflow and amounts. Not sure if that's something you can do. It also used to be worth it more when the rewards were higher. Now it seems like only using it for gift cards is the way to go, and there may be places with better rewards for that too.

Let me know if you have other recommendations. I use Lolli, and smileBTC as well if that helps

Reply to this note

Please Login to reply.

Discussion

Mark 2y ago

Thanks for chiming in! I used it until about mid-February when they changed the debit card deposit thing. I used to be able to do it like 3 times a month for free, and that worked for me. It was so annoying to me that they changed it that I just decided to stop using it at all. But now I feel like I'm definitely leaving money on the table by not using it at all. I just transferred only $250 from my bank today to test and see how long it takes. Right now, I have my Cash App set to roundup and save in Bitcoin, but that's not "free" money. It still adds up, though, and I guess it's sorta like free money if I can use one of the boosts and save 10% or whatever.

The Bird 2y ago

yeah it was a turn off for me too. I'm a spin+ member but I still get more than what I pay into it. However, if they can taking away things without replacing it with something worthwhile or lowering the yearly fee I will reconsider.

Try Lolli too some of the, but I would not use a VPN when using it online because I've been screwed out of things. The card boosts they are using now are a pretty easy way to stack sats, and there are some good offers on there depending on what you like. I think they are partnered with something around 1200 vendors. Here's my referral link if you're interested https://lolli.com/share/9N3FK7AM5h. I think we both may get $5 in BTC when you sign up, but don't quote me on that.