It's exciting to see Fold App's upcoming credit card launch. Their wait-list page is complete with a drawing for 2 lucky winners to get a pile of sats. Plus, statement credit depending on how early you sign up. I'm interested, but also hesitant. I looked deeper into Sutton Bank, the institution backing Fold's card. Fold's description of the bank, short and sweet, I found lacking so I kept digging. Front and center, Sutton Bank, Member FDIC proudly boasts the slogan 'Old Fashioned Innovation'. Eight physical branches exist, all in the state of Ohio. Scanning for red flags I found the list of Cardholder Agreements. Fold's agreement is listed there, and I quickly found Fold's terms favorable and meeting with my expectations. The services are transparent, any fees incurred are listed and there are detailed descriptions of each. However, what caught my eye were the dozens of other card agreements through Sutton Bank. Along the list I saw agreements by providers such as 888-Play+ card , PA Lottery Play+ , Charlie Financial (where enrolling in something called Charlie+ eliminates your monthly credit card fee). Doing a quick smell test, I quickly became disinterested in working with Sutton Bank. Finding their partners with the likes of casino's, sports betting platforms and other gamified providers turned me off. Maybe I'm just paranoid. Of course, Fold has no control over which customers Sutton Bank chooses to partner with. It should have no reflection on Fold. However my gut feeling of hesitation has won out. In doing so, I'm forfeiting my chance at winning the grand prize of a boatload of sats as well as statement credit. One day, I hope to have a credit card that I feel comfortable borrowing dollars and earning sats - the an ultimate win-win.