Deep. Sigh. I may complain about Fold a lot but the fact of the matter is, the $100 yearly fee will pay for itself in 2 months. That gives me 10 months to complain about getting sats back on all of my bills. That seems like an overall win. The game here is to stack as much Bitcoin as possible and doing this helps a lot.
Gift card rewards alone crush that. Not even counting bitcoin increasing in value. No brainer
The gift card rewards are a pain in the ass. My first year with Fold I used them everywhere I could. Now I don't mess with it unless it's going to be a significant amount.
I found it far easier to just purchase the btc and use a normal credit card. Fold requires too much work for too little reward. That said, I didn’t go spin+, and didn’t set up mortgage and other bill payments with it, so I didn’t try to the fullest potential.
You need to try to bill pay hack. I double dip my rewards. I use a rewards credit card to buy everything! Then I use those rewards for whatever. Then, I pay off the credit card with Fold PayPal bill pay. Now I get sats back on that. It's a double win here, if you can deal with the stress 🤣
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Ha, same boat here.. i have to renew in a few days. Im definitely disappointed in fold... but... i think i fo have to renew...
No other option for exists for me to pay bills and get sats back for them. I have to pay them. I might as well get more sats.
Yep. It's only worth the 1% to pay off cards that get 2-5% cash back at this point. As long as you can make back the monthly fee and don't mind the extra payment steps going through PayPal, you should do it.
i agree. it's all worth it. a little proof of work goes a long way here.
I’m very happy with Fold and I also subscribe to Spin+.
The 1% already covers the $10/month for me and when you consider that you give them fiat and get back Bitcoin, it’s a no brainer.
Add to that bill pay, including mortgage, and the gift cards and the returns are tremendous.
I also like that they give you a heads up a couple of days before renewal.
I highly recommend it.
Just wish it was available in Australia
Spin+ is a horrendous value now. Why pay the fee? Just use the free regular tier.
spin+ gets guaranteed 1% back and that pays for itself in 2 months. free tier just gets 1 spin and those spins don't mean shit anymore.
The Gemini card has up to 3% back and no fees. It looks a lot better tbh. https://support.gemini.com/hc/en-us/articles/4405148512923-Product-Overview
