Good morning! I am about to execute **Life Hack 6102-F: Pay bills with Fold and get bitcoin back**. *May the gambling odds ever be in my favor.*
**What am I doing?**
I use a rewards credit card to purchase *everything*. Then, once a month, I pay the full credit card bill off via my Fold debit card. I get bitcoin back for things that I would normally have to buy and I also earn other rewards. It's a win/win.
**How do you do it?**
I use PayPal's bill pay feature. I have my [Fold debit card](https://use.foldapp.com/r/DEREKROSS) setup in PayPal. I use PayPal to find and add my bills. I pay the bill with PayPal and set PayPal to use my Fold debit card for that transaction. PayPal then debits my Fold card and I get bitcoin back!
**How much do you get back?*
Well, that depends. You can get a flat 1% back or you can gamble a bit and spin a wheel of random opportunities. Generally speaking, if you have enough spins available, you can get 2% back or sometimes more if you're really lucky. I generally try to have ~10 spins available for paying large bills. That *almost* guarantees 2%. (I was able to get 3% back on my mortgage last week.)
**Fold sucks!**
Yes. Fold's rewards and gamification efforts have declined. They keep changing their rules and modifying how *the game* works. I fully agree, I hate it, and it's annoying. That said, until something better comes along that is going to give me ~500K sats back every month for things I have to do anyways, then I'm going to continue to use this.
I am excited to see what Strike offer's when they launch their [debit card](https://invite.strike.me/OL0N3F). Maybe they'll give a more flat rate in rewards and you won't have to play these games? Who knows?
Derek Ross
npub18a…tp424
2023-01-13 13:55:31
Author Public Key
npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424Published at
2023-01-13 13:55:31Event JSON
{
"id": "ac80edf4a797ab820d6f6032fee0b88d769d09786388e4ced0855ac26831309d",
"pubkey": "3f770d65d3a764a9c5cb503ae123e62ec7598ad035d836e2a810f3877a745b24",
"created_at": 1673618131,
"kind": 1,
"tags": [],
"content": "Good morning! I am about to execute **Life Hack 6102-F: Pay bills with Fold and get bitcoin back**. *May the gambling odds ever be in my favor.*\n\n\n**What am I doing?**\n\nI use a rewards credit card to purchase *everything*. Then, once a month, I pay the full credit card bill off via my Fold debit card. I get bitcoin back for things that I would normally have to buy and I also earn other rewards. It's a win/win.\n\n**How do you do it?**\nI use PayPal's bill pay feature. I have my [Fold debit card](https://use.foldapp.com/r/DEREKROSS) setup in PayPal. I use PayPal to find and add my bills. I pay the bill with PayPal and set PayPal to use my Fold debit card for that transaction. PayPal then debits my Fold card and I get bitcoin back!\n\n**How much do you get back?*\nWell, that depends. You can get a flat 1% back or you can gamble a bit and spin a wheel of random opportunities. Generally speaking, if you have enough spins available, you can get 2% back or sometimes more if you're really lucky. I generally try to have ~10 spins available for paying large bills. That *almost* guarantees 2%. (I was able to get 3% back on my mortgage last week.)\n\n**Fold sucks!**\nYes. Fold's rewards and gamification efforts have declined. They keep changing their rules and modifying how *the game* works. I fully agree, I hate it, and it's annoying. That said, until something better comes along that is going to give me ~500K sats back every month for things I have to do anyways, then I'm going to continue to use this.\n\n\n\nI am excited to see what Strike offer's when they launch their [debit card](https://invite.strike.me/OL0N3F). Maybe they'll give a more flat rate in rewards and you won't have to play these games? Who knows?",
"sig": "2d9a048749641eb5a100998e9210619d7e617a293a627e3019b199c16f9091b83ba14c7b3343289d103f8654270a19195a39ed76e29b8e26ae010f5c9f5dd204"
}