Fold has launched a Bitcoin rewards credit card, offering users a base cashback of 1.5% in Bitcoin on everyday purchases. The card, which operates on the Visa network, allows for additional rewards, potentially reaching up to 4% through behavioral incentives and partner offers. Users can also earn an extra 0.5% cashback when paying bills with Bitcoin. The card supports both physical and virtual formats, with virtual cards available immediately upon approval. This launch comes as Fold seeks to expand its Bitcoin rewards business amid financial pressures, following a quarterly revenue of $5.59 million, which fell short of expectations. The company aims to integrate Bitcoin rewards into daily spending and workplace payments, moving away from traditional credit card points systems. Fold's enterprise division also offers a Bitcoin bonus distribution service for businesses, converting fiat bonuses into Bitcoin for employees.