pull down to refresh
21 sats \ 9 replies \ @gmd 27 Dec 2024 \ on: Are there actually any legit places to earn sats other than fountain and SN? bitcoin
Fold card!!!
For the USD value I have stacked I would have had to spend ~$840k with a 2% cash back card (was much higher before the recent dip lol)
The rewards used to be so much better (save spin rewards to use on bigger purchases to get huge % back), but although it’s been nerfed I still use for extra 0.5% BTC back on:
- rent (usually a small fee for debit)
- quarterly estimated taxes ($2 debit card fee)
- paying off citi and amex cards via paypal (nets me 4.5% on gas via costco visa, 2.5% on citi double cash catch all card, 4.5% restaurants / groceries via amex gold)
- I also used it to pay off some $~25k in residual student loans (depending on your servicer) for ~0.032 BTC
i would probably take advantage of something like this if it was available in the EU or UK and just do all my spending on it to earn passive sats
reply
Fold is spyware.
reply
Are they worse than any other credit card?
reply
you pay off your credit cards using paypal?
reply
It ain’t much and takes a little bit of extra effort but it takes a little bit of the sting out of paying credit card bills
reply
PayPal scares me with debanking and operation chokepoint
reply
Paypal is just the payment interface that enables you to pay some bills via debit card- the sats are earned via Fold card and you can take your sats off of Fold so theres zero risk from Paypal here.
There’s been issues in the past where paypal randomly changed some underlying code charges or something where it wasn’t triggering the bonuses but Fold went out of their way to find work arounds (although it eventually went from 1% to 0.5% BTC back) and even added back rewards for prior charges.
reply
Yup! It works for Citi and Amex cards (no BILT, Capital One, and Chase to my knowledge), maybe a few others. You just log into Paypal -> "Pay My Bills". Allows you to pay off your credit cards using Paypal (select debit card / bank etc) which triggers 0.5% Fold bonus (Fold advertises this as a feature on webpage).
Credit card churning is a fun little hobby of mine and this gets me a nice extra 0.5% bonus.
Just doing the math I realized the ~$500 I made back paying off my student loans is now ~$3k
reply
damn
nice job
reply