pull down to refresh

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
reply
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.
reply
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.
reply
Is there any way to get the card without a US-based address?
reply
last I heard, they didn't offer that but maybe soon?
reply
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.
reply
The same stuff he'd be giving away for nothing to another prepaid debit card service.
reply
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
reply
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..
reply
I dig it. Especially pairing it with Lolli.
reply
Hmm, never heard of Lolli. What is that?
reply
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.
reply
Sick, thanks
reply
I love Fold. Big fan. Excited to see what they come out with in 2022 to #GetOnZero. 2021 was all about #GetOffZero.