Provider at a glance
- Category
- Crypto Neobanks
- Entity
- Not verified
- Official website
- foldapp.com
Independent rankingchecked How it works
Details
Scored 41 out of 100 under methodology 2026.10.18, from the evidence read on file.
Fold
Bitcoin rewards card and account
Crypto Neobanks
#7 Overall
Ranked #7 of 7 crypto neobanks in the published ranking
41
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is Fold right for you?
Look elsewhere if these come first
- Fiat covered by a real deposit guarantee5/10 here; N26 scores 8
- What happens to your coins if they fail2/10 here; Bitpanda scores 7
- Verified authorisation on both legs3/10 here; Bitpanda scores 8
- Computable conversion cost5/10 here; Bitpanda scores 6
Not yet tested for your country. Markets it lists: United States.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best crypto neobank shows where it lands for you.
What will Fold cost you?
Not priced on this basis
- Payments per month
- 500
- Average payment
- $100
How safe is Fold?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts.
- LicenceMiCA (EU): no register record on file here.
Alternatives to Fold
Compare all 4- 4N2610 points above · stronger on deposit protection (8 against 5)51
- 5Bitpanda8 points above · stronger on crypto asset safety (7 against 2)49
- 6Nexo2 points above · stronger on crypto asset safety (3 against 2)43
For your setup
Find out if Fold fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Fold lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best crypto neobankNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why Fold ranks #7
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (12.0 here) sit inside the score; availability, friction, trust record and measured data add the rest.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
355+5.605.08#4/7Loading evidence…
252+1.604.07#6/7Loading evidence…
253+2.407.09#6/7Loading evidence…
155+2.403.07#3/7Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−2behind Nexo, #6
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 41 and stays #7
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Fold’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Fiat covered by a real deposit guarantee 5 → 10 on its ladder · passes Nexo+544#7 → #6
What happens to your coins if they fail 2 → 8 on its ladder · passes Nexo+643#7 → #6
Verified authorisation on both legs 3 → 9 on its ladder · passes Nexo+643#7 → #6
Smallest climb: fiat covered by a real deposit guarantee 5 → 10 passes Nexo, #6.
Strengths
0 from the score dataWhere it leads
No scored criterion is at or within one point of the category best, so no strength can be stated from the data.
Tradeoffs
4 from the score dataWhere it trails
Not for readers who put first
- Fiat covered by a real deposit guarantee — 5/10 against a category best of 8/10
- What happens to your coins if they fail — 2/10 against a category best of 7/10
- Verified authorisation on both legs — 3/10 against a category best of 9/10
- Computable conversion cost — 5/10 against a category best of 7/10
Record watch-outs
- The homepage says "Rest easy with insured custody" and /buy-bitcoin says "Insured Deposits" and "$250M in BitGo insurance"; the SEC filing says your bitcoin could be swept into Fold's bankruptcy estate, sits in omnibus wallets BitGo will not segregate, and is covered by a shared policy BitGo is not contractually obliged to maintain. Separately, the listed entity is in a Nasdaq minimum-bid-price deficiency with a compliance deadline of January 2027 and reported a $29.2M Q1 2026 net loss.
- Read again 14 September 2026: 'Rest easy with insured custody' was confirmed on the homepage (and on /card) in the August pass. foldapp.com/pricing, where 'Insured bitcoin deposits' was previously attributed, now returns 404 ("Page Not Found"); the live marketing wording is "Insured Deposits" and "$250M in BitGo insurance" on /buy-bitcoin, and the contrast with the 10-K stands.
- Fold RECEIVED the Nasdaq letter on 14 July 2026; the 8-K was FILED on 17 July 2026 (accession 0001193125-26-307957). has been below the minimum $1.00 per share required for continued listing', Nasdaq Listing Rule 5550(a)(2), and a 180-day cure period 'until January 11, 2027'. The Q1 2026 net loss is also confirmed at $29,167,906.
Competitive position
Where Fold leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#5 / 76.0 of 20 · best 14.0
Published criteria#5 / 79.0 of 30 · best 18.0
Friction#1 / 72.7 of 10 · constant here
Trust record#1 / 73.2 of 8 · constant here
Measured data#6 / 78.3 of 18 · best 9.7
Where Fold leads
- Computable conversion cost#3 / 7
Where it trails
- What happens to your coins if they fail#6 / 7
- Verified authorisation on both legs#6 / 7
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Nexo#6 of 7 · score 43 · 2.0 points ahead
Fold leads on
- Fiat covered by a real deposit guarantee5 vs 1
- Verified authorisation on both legs3 vs 2
- Computable conversion cost5 vs 2
Nexo leads on
- What happens to your coins if they fail3 vs 2
Largest single reason Nexo is ahead: availability (+20.8 display points).Scenario cost: Nexo has no verified pricing for this scenario.
Bitpanda#5 of 7 · score 49 · 8.0 points ahead
Fold leads on
- Fiat covered by a real deposit guarantee5 vs 3
Bitpanda leads on
- What happens to your coins if they fail7 vs 2
- Verified authorisation on both legs8 vs 3
- Computable conversion cost6 vs 5
Largest single reason Bitpanda is ahead: published criteria (+12.2 display points).Scenario cost: Bitpanda has no verified pricing for this scenario.
N26#4 of 7 · score 51 · 10.0 points ahead
Fold leads on
- Computable conversion cost5 vs 3
N26 leads on
- Fiat covered by a real deposit guarantee8 vs 5
- What happens to your coins if they fail4 vs 2
- Verified authorisation on both legs7 vs 3
Largest single reason N26 is ahead: published criteria (+14.0 display points).Scenario cost: N26 has no verified pricing for this scenario.
Against the leader
81 vs 41 · gap 40.0Why Revolut ranks above Fold
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale; a floor bound on one of the rows keeps the reproduced gap (47.8) from matching the displayed one exactly, which is stated rather than hidden.
DimensionThisRevolutGap share
Availability · 23% weight6.014.0−20.8, worse
Published criteria · 35% weight9.018.0−23.4, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight8.39.7−3.6, worse
Published criterionThisRevolutPoints
Fiat covered by a real deposit guarantee · w3557−2.24, worse
What happens to your coins if they fail · w2527−4.00, worse
Verified authorisation on both legs · w2539−4.80, worse
Computable conversion cost · w1557−0.96, worse
Net4181−40.0≈
Your scenario
Fold is not priced for this scenario
Percentage and fixed legs on each payment, for a year. Excludes chargebacks, FX markup and settlement fees priced separately. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Payments per month · your input500
Average payment · your input$100
Rate read from the provider’s published pricing ↗ on 14 September 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 7 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
7 of 7 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
No evidence reading date recorded
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #7 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
Fiat covered by a real deposit guaranteestrength 5 · weight 35Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.What happens to your coins if they failstrength 2 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Verified authorisation on both legsstrength 3 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Computable conversion coststrength 5 · weight 15Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Fiat covered by a real deposit guarantee · 35% (Fold 5/10)Scored by What happens to your coins if they fail · 25% (Fold 2/10)
- Regulatory failure (Fold 3/10): no licence where you are, or a forced market exit.Scored by Verified authorisation on both legs · 25%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Execution failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Computable conversion cost (15%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- Fold Terms and Conditions (Last Updated: 14 August 2026), section 19.8.4 benefits table (Prepaid Debit Card vs with Fold+): "Membership Fee $0.00 $100/year, $10/month"; "Fold Bitcoin Buying 1.5% / Transaction 0% / Transaction"; "Push-to-Card 1% / Transaction 0% / Transaction"; "Auto-Stack! 1% / Transaction 0% / Transaction"; "Direct to Bitcoin 1% / Transaction 0% / Transaction"; Round-Ups and Withdrawal 0%; network fee applies. Instant Funding and Instant Withdrawal fees are 1.5% per transaction on both tiers. "You acknowledge that Fold may add a margin or “spread” to the quoted Exchange Rate." Homepage: "Fold+ subscribers pay zero fees when buying bitcoin on Fold; standard network fee might apply." Rewards: Amazon gift cards 2% (2.5% with Fold+); Bill Pay Rewards up to 0.5% (up to 1.5% with Fold+). Fold+ free trial: 90 days.Fold — Terms and Conditions, section 19.8.4 benefits table ↗ · 14 September 2026
- Prices published in
- USDFold — Terms and Conditions, section 19.8.4 benefits table ↗ · 14 September 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- No bank licence. "Fold is a financial services platform and not a FDIC insured bank." Fiat: program agreement with Sutton Bank, Member FDIC (10-K: "Fold is not a FDIC-insured bank, and the FDIC-insured checking accounts are offered through Sutton Bank"). Bitcoin: BitGo, described in the 10-K as "a national trust bank that is subject to supervision, examination and enforcement by the OCC". Issuer:
- Supported chains
- Not published
- Markets served
- us
- Primary markets
- Not published
- Restricted markets
- Not published
- Operating limits
- Not published
- Availability note
- US citizens or lawful permanent residents living in the 50 states or DC, with a valid US Social Security number.
No confirmed legal entity is on file for this record. Nothing is inferred from the brand name.
If something goes wrong with Fold: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
12 methodology entries
- currentCurrent verified snapshot · methodology 2026.10.18Score 41, #7 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt crypto_neobanks:fold:2026.10.18:de7616b99358
Are you Fold? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.