Fold rolls out Reserve with a new debit reward schedule
Migrated accounts receive 0.25% base BTC rewards, while maintained Reserve value unlocks higher rates and fee waivers. Existing Fold/Fold+ terms continue until Reserve is enabled on the account.
The essentials
Update facts
- Base BTC rate after migration
- 0.25%
- Reserve fee-waiver threshold
- $5,000
- Account activation required
- Staged
Eligibility and limits
- Reserve is being enabled in stages. The new schedule applies only when it appears in the Fold app; August 14 terms govern accounts not yet migrated.
What changed
The debit base is 0.25% without a cap. Reserve balances of $15,000/$25,000/$50,000/$75,000/$100,000 unlock 0.5%/1%/1.5%/2%/3% total debit rates. Boosts apply to the first $5,000 eligible monthly spend and are unavailable to Fold Bitcoin Credit Card holders; ACH has a separate spend cap.
ATM withdrawals cost $3.50 and foreign purchases $3 fixed, waived at $5,000 Reserve. Instant funding and withdrawals cost 1.5%, capped at $25 per transfer.
Reserve is purchased closed-loop stored value, not an insured bank deposit, and generally cannot be redeemed for cash. Its permitted uses and refund rules differ from the spendable USD card balance.