Fold Debit Card vs Lava Card
Side by side at your spend: what each card pays back after fees and FX, where you can get it and what it includes.
a month in
All amounts in US dollars
Lava Card pays back $58.33 more a month than Fold Debit Card at this spend.
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| Detail | Fold Debit Card | Lava Card |
|---|---|---|
| Plan at this spend | Fold+ ($100/yr) | Cashback |
| Paid in | BTC | BTC |
| FX on your spend | 0% | 0% |
| Yearly fee | $100 | None |
| Network | Visa | Visa |
| Card type | Prepaid | Credit |
| Custody | Custodial | Custodial |
| Available in | US | US, UK, EU, Canada, Australia, Asia-Pacific, Elsewhere (not Israel, Turkey, Vietnam) |
| Perks | Discounts & offers | Travel insurance, Purchase protection, Discounts & offers, Earn yield, Borrow vs crypto |
Lava CardGeneral information only. These figures are calculated from the spend you enter and the card terms we've collected. We haven't considered your objectives, financial situation or needs, and this isn't a recommendation. Consider whether a card suits you and read the provider's terms before applying. Figures are estimates, terms change, and crypto is volatile.
Fold Debit Card
- No card, monthly or per-purchase fee on the free Fold Card
- Fold+ pays 0.5% back in bitcoin on purchases that don't get a boost, plus rotating category boosts up to 1.5% and merchant boosts
- Fold+ removes the $3.50 ATM fee and the $3.00 foreign transaction fee
- The free card earns no bitcoin on card purchases; only the daily prize wheel and gift card rewards
- Fold+ costs $100 a year (or $10 a month), so its 0.5% base rate only covers the fee above about $1,667 of monthly spend
Lava Card
- Genuinely 0% FX: the official fee tables list both the foreign-exchange and cross-border fees as 0%
- Cashback paid in real Bitcoin: 3% (US) base, 5% at AI-tool partners, 10% at Vibecode/Chorus
- No annual fee and no minimum spend
- Custodial: since a forced vault upgrade in late 2025, Lava and custodians it doesn't name hold all your bitcoin and the USD card balance. You hold no key, and every withdrawal goes through Lava
- Lava's own terms still call the wallet "purely self-custodial", which no longer matches how it works, and they cap Lava's liability at $100
More: other comparisons, every card at your spend, or the cashback list.