Sutton Bank / Fold · VISA
Available
A US-dollar prepaid Visa with a 0.25% bitcoin base reward and conditional Fold Reserve boosts.
Observed 2026-10-07 · Effective 2026-10-01
The current Sutton Bank agreement sets no annual/monthly fee or inactivity fee, $3.50 ATM withdrawals and $3 foreign transactions (both waived for Reserve members with at least $5,000), and separate 1.5% instant funding and withdrawal fees capped at $25. Reserve is rolling out by account; check for any legacy Fold+ membership charge.
Fold / Sutton Bank ↗Observed 2026-10-07 · Effective 2026-10-01
Fold's October terms give all prepaid cardholders 0.25% uncapped rewards on eligible signature purchases processed over Visa. Reserve boosts can reach 3% at the $100,000 tier, but require Reserve access, at least $15,000, no Fold credit card, and apply only to the first $5,000 of monthly spend; PIN/EFT transactions do not qualify.
Fold ↗Estimate for 12 identical months. Monthly spending means total card purchases; eligible share affects rewards only. Network exchange rates, tax, volatility and external costs are excluded unless entered as extra costs. Unverified residence does not establish eligibility.
Spend from a US-dollar prepaid balance. Direct deposit is free; instant debit funding costs 1.5% up to $25 per transfer.
Rewards minus modeled costs / year
$30.00
Rewards: $30.00 · Costs: $0.00
Effective return: 0.25%
Residence eligibility still needs confirmation.
Bitcoin rewards are valued at the transaction exchange rate and remain pending for 30 days before they become available.
Checked 2026-10-07
Checked 2026-10-07
| Monthly spend | Modeled annual net |
|---|---|
| $0.00 | $0.00 |
| $250.00 | $7.56 |
| $500.00 | $15.00 |
| $1,000.00 | $30.00 |
| $2,000.00 | $60.00 |
| $5,000.00 | $150.00 |
| $10,000.00 | $300.00 |
Each source states what it documents and when it was checked. An older reference does not confirm every current cost.
Version 2 effective 1 October 2026: no annual or monthly fee; $0 card purchase; $5 lost/stolen replacement and free expired-card replacement; $5.95 unused-balance return; $3.50 ATM withdrawals and $3 foreign transactions, each waived for Fold Reserve members with at least $5,000 Reserve Balance; instant debit funding and instant withdrawals each cost 1.5% up to $25; free direct deposit and outgoing ACH; no inactivity fee after six months; US eligibility, transaction limits, Sutton Bank issuance, Marqeta programme management, and conditional pass-through FDIC insurance for prepaid USD only.
Checked 2026-10-07
Version 3 effective 1 October 2026: Fold Reserve is being enabled in stages. Section 19.6.2 gives all prepaid cardholders an uncapped 0.25% base reward without Reserve; higher tier rates and fee waivers are conditional on Reserve access and balance. The version history leaves uncertainty about legacy Fold+ membership pricing for accounts still on the 14 August terms.
Checked 2026-10-07
