Description
The Fold Prepaid Debit Card is a Visa prepaid debit card issued by Sutton Bank, Member FDIC. It draws from a user’s USD cash balance for purchases and ATM withdrawals, supports multiple funding methods including Fold’s push-to-card transfers from bitcoin balances, and permits up to three authorized users. It also provides account and routing numbers for ACH bill pay; Fold+ members can earn bitcoin rewards on eligible everyday spending and recurring expenses. Eligible balances may receive pass-through FDIC coverage through Sutton Bank, while bitcoin assets and rewards are not FDIC- or SIPC-insured.