Has anyone used the Fold App in USA? Heard you might get Sats as rewards for Mortgage payments and such. Looking for feedback on if it is worth the time to set up the account.

#AskNostr #Fold #FoldApp #FoldApk #Sats #Bitcoin

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I just started using it this past week and I'm planning on continuing to use it. While it won't give you as high a percentage back as some credit card it makes it really easy to stack says. Feel free to use my referral link to earn extra says.

https://use.foldapp.com/r/4LRM3WXV

Thank you, Greg.

I've been weighing that against using my higher cash back credit card to Stack Sats with those rewards instead.

Does Fold automatically redeem cashback for Sats at the end of each statement period?

With ever purchase you immediately earns sats, but you need at least 50k sats to be able to withdrawl them.

Thank you, that's very helpful. :)

I am thinking of giving it up. The latest version has it to where I now have to do 3 taps to get to the daily spin, and I get 5-10 sats if I'm lucky. No sats whatsoever for paying bills (several hundred $ per month) or using the debit card on purchases since day 1 and I started using the app & card in 2022. Certainly going to pay $150 for Fold+

I think if I keep using my higher reward credit card, I can just swap the cashback for Sats at a quicker rate. From what I've been reading, people have expressed similar grievance as you. Fold did not seem to be living up to people's expectations.

The biggest draw for me was Sats back on my mortgage payments.

Yeah. Disappointed. Used to be, I'd get more spins the day or two after spending w/the card or paying bills. Now it's just one spin/day no matter what

Meant to say, "Certainly NOT going to pay $150 for Fold+" lol