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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Yeah, good points. Fold might turn out well too if their listing goes okay. Definitely hard to make money investing in startups unless they get bought or go public. I would be much farther ahead if I just bought Bitcoin than do any startup investing!
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Compromised | 3 months ago (raw) | root | parent | reply | flag +1 
 You can make bigger % cash back with credit cards than with Fold! Also the biggest slap into face is that Fold for years haven’t integrated lightning withdrawals! Dumb! 
P.S. I just unfrozen the card to after few years of not touching it just to see how it’s sucks to give a review !
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Agree. Doesn’t make sense to use them for that, but getting some sats back on paying a bill through ACH is nice. Lack of Lightning withdrawals is really frustrating.
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 1.5% is nothing
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Compromised | 3 months ago (raw) | root | parent | reply | flag +1 
 Also have fun to scale it internationally 😁
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 I’d take 1.5% (though that is limited to first $2500), over 0%. I’d take 0.25% over 0%. If the option is to pay with Fold “checking” and get sats back or your bank’s checking and getting nothing back, I’ll do Fold.
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 It’s designed for Americans who live in debt !
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 As I said have fun scaling this
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Agree. Will be hard with all the differing regulations around the world
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Definitely for Americans but how is using it to pay bills only for people living in debt?
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 You can use credit cards with bigger cash back and stack the points that will cover more than fold is offering
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 How do you pay the credit card back?
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 I never spend cash to buy things! I use credit cards and then cover them right away
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Me too. What do you cover them with? Cash from checking account?
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Compromised | 3 months ago (raw) | root | parent | reply | flag 
 Money orders 🤣
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Old school :)

I’ll use my Fold account for get some puny sats back to pay off my credit cards right away.
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 I should mention that this in no way uses the Fold Card. Instead you just give the biller the account number and routing number and it will be drawn from like any ACH bill pay.
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aoeu | 3 months ago (raw) | root | parent | reply | flag 
 Let’s say I use a credit card to get cash back and then pay those bills off in full each month using Fold? I get cash back from card and says back for paying the credit card back. Short term debt (but no interest since paying it back right away)