For non-US residents Plutus.it is a good alternative. You get 3% right off the bat for every purchase. You can increase the percentage up to 8% by stacking their native shitcoin. You get paid with their token, but you can swap it to btc immediately.
Good morning! I am about to execute **Life Hack 6102-F: Pay bills with Fold and get bitcoin back**. *May the gambling odds ever be in my favor.*
**What am I doing?**
I use a rewards credit card to purchase *everything*. Then, once a month, I pay the full credit card bill off via my Fold debit card. I get bitcoin back for things that I would normally have to buy and I also earn other rewards. It's a win/win.
**How do you do it?**
I use PayPal's bill pay feature. I have my [Fold debit card](https://use.foldapp.com/r/DEREKROSS) setup in PayPal. I use PayPal to find and add my bills. I pay the bill with PayPal and set PayPal to use my Fold debit card for that transaction. PayPal then debits my Fold card and I get bitcoin back!
**How much do you get back?*
Well, that depends. You can get a flat 1% back or you can gamble a bit and spin a wheel of random opportunities. Generally speaking, if you have enough spins available, you can get 2% back or sometimes more if you're really lucky. I generally try to have ~10 spins available for paying large bills. That *almost* guarantees 2%. (I was able to get 3% back on my mortgage last week.)
**Fold sucks!**
Yes. Fold's rewards and gamification efforts have declined. They keep changing their rules and modifying how *the game* works. I fully agree, I hate it, and it's annoying. That said, until something better comes along that is going to give me ~500K sats back every month for things I have to do anyways, then I'm going to continue to use this.
I am excited to see what Strike offer's when they launch their [debit card](https://invite.strike.me/OL0N3F). Maybe they'll give a more flat rate in rewards and you won't have to play these games? Who knows?
Discussion
Plutus seems not very Bitcoin friendly :(
Do you use it? Can you top the account with bitcoin or only reward & swap?
You'd better buy Bitcoin directly. From Europe you can buy Bitcoin through Swan Bitcoin with Wise (you can manage euros and convert to us dollars)
I‘m curious, what’s the advantage over Kraken for example where you pay close to zero fees? Both options are KYC.
Swan Bitcoin is straight to the point. Buy Bitcoin, minimal fuss. If we use the direct payment we can withdraw Bitcoin almost as soon as we buy it. No speculation, no trading, just buy Bitcoin.
And so the advantage is all the infrastructure for that (free courses, easy hardware wallet integration, et)
Thank you. I see that you even set up automatic weekly purchases.
Yeah! It can be handy!
Since it was still the bear market I was in a hurry to put all my money into Bitcoin so I uses the direct transfers, the convert all at once button, and the other features as well.
On my Binance or other exchanges for example unless it changed there were no xpub feature to withdraw automatically to our hardware wallet. So this push to customers to make them withdraw is really nice too.
Only reward and swap. It‘s not ideal, but the best available option. All other options are 0.5% rewards max. And there aren’t that many.