Fold Card is becoming a rather frustrating service to use.
Nothing like it used to be.
#nothavingfun
Discussion
What problems do you have with the Fold Card? I usually recommend it because it’s been working well for me.
Today, for example, I went to Trader Joe’s and paid with my Fold card because they are currently advertising a 1.8% merchant boost plus a 1% default category boost.
I completed the transaction but I had to enter my PIN, so in the end, and according to the new rules, I only got the 1.8% merchant boost.
Someone told me entering the PIN means the merchant runs the Fold card as a debit card vs a credit card. If it asks for my PIN. I’ll back out/cancel and try and get it to run through as a credit card. Works most of the time.
Thanks for letting me know! 🫂
Hmm, I’ll try that for sure. I want to see if that works.
Curious what are you referring to that is frustrating? I've been interacting with it the same way for a long time now and haven't noticed changes in how it works. Now, if you are talking about the spins and percent back changes then yeah. The amount base has fallen because VISA upped all fees on certain types of purchases/cards and Fold was apparently caught up in it. They are working on it from what i hear, trying to make a direct relationship like they did to get the Paypal trick back online.
The one thing I don't like is that spins pay less, but you get more of them. That might work out better or the same, but it just feels less important, imo. I'd be happy to get the same number of sats, but get them in like 10% of the number of spins.
But those are the only recent things that I feel it took a knock, otherwise it still pays me lots of sats and I'm gonna "special hate" ever having to go back to a debit card that doesn't 😆
What I find frustrating is that frequently when I choose to use my Fold’s card over Gemini’s I end up finding some unpleasant surprise in the form of less sats back.
