Just curious on what you plebs think about the Fold card on SN.
I personally like it. Been paying bills, dinners, and groceries with it and I have stacked so much sats. I do miss the CashApp 10% bitcoin back on coffee. Hopefully CashApp brings that back..
22 sats \ 1 reply \ @jp 20 Feb 2022
I am still unsure why recurring deposits aren't available. Also, their ACH transfer takes 5 business days when in actuality it should only take 2 business days.
App is also pretty buggy.
None the less, still enjoy using it
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Yeah I agree with that. But, still a cool concept on their end.
Is it sustainable in the future tho?? Rewards will go way down and people using it now will be say in the future, "ohhh, when I first got this card I would earn a couple thousand sats with every purchase, now I only earn a 100 or so.."
Either way, it's going to be interesting to see how it all plays out.
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Love it. I've collect 2.5 million sats so far.
I've been disappointed recently with the changing wheels but I've been trying to measure my expectations as I think I was spoiled by how amazing the rewards were early on (my best spin was getting ~$75 worth of groceries paid for in full sats back).
I keep $1k on balance to get extra daily spins. Great for amazon gift cards- automatically get 5% back and I can usually get another 2-3% back for 7-9% off AMZ cards.
If anyones interested please feel free to use my referral to sign up - https://use.foldapp.com/r/KRJHVYML
Cashapp has a weekly recurring 5% off restaurant offer I try to use as well.
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Is there any way to get the card without a US-based address?
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last I heard, they didn't offer that but maybe soon?
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It's definitely convenient and the experience is gamified, but It's worth thinking through what are you giving away to receive those couple % sats back.
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The same stuff he'd be giving away for nothing to another prepaid debit card service.
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Yeah I completely agree, I hardly ever use my bank anymore. at least with Fold I can earn sats back instead of nothing like a traditional bank account.
P.S. Traditional banks can suck it
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By giving away, do you mean my personal information??
I have thought about if I want to take my earned sats and put them in cold storage, wouldn't the address I send it to be officially attached to me?
I'm still new to all of this and learning how to not dox myself.
I have thought of some ways to defeat that, but not a good idea to blast it on here lol.. I bet some cold storage plebs on here will know how to solve that problem just not best practice to let people know..
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I dig it. Especially pairing it with Lolli.
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Hmm, never heard of Lolli. What is that?
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It's an app/extension that rewards users with sats back on purchases from a bunch of different retailers. The mobile app also has a daily faucet with decent rewards. I scored 1150 sats the other day.
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Sick, thanks
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I love Fold. Big fan. Excited to see what they come out with in 2022 to #GetOnZero. 2021 was all about #GetOffZero.