A new trend in shopping rewards is emerging, with consumers now able to earn Bitcoin on purchases at major retailers like Amazon, Target, and Apple. This differs from traditional loyalty points that can lose value over time due to surcharges, price increases, or devaluation.

Fold, a Bitcoin rewards platform, offers shoppers the chance to earn sats, the smallest unit of Bitcoin, for everyday purchases. Unlike store-specific points, Bitcoin is a borderless, scarce asset that shoppers can own, move, save, or sell without being subject to sudden devaluations like loyalty points.

Fold recently introduced a Bitcoin Rewards Credit Card, issued through Visa and powered by Stripe Issuing. Cardholders can earn up to 3.5% back in Bitcoin on every purchase, with no rotating categories or deposit requirements. The card offers a base of 2% back instantly, with an extra 1.5% back when purchases are paid off using a linked Fold Checking Account.

Visa and Stripe’s support for digital asset rewards programs like Fold’s Bitcoin rewards underline the growing demand for such offerings. With over $3.1 billion in transactions processed and $83 million in Bitcoin rewards distributed so far, Bitcoin rewards may soon compete with traditional loyalty programs in terms of scale and appeal.

This holiday season, millions of shoppers may choose to earn Bitcoin rewards on their purchases rather than traditional airline miles, potentially expanding their participation in the digital economy.

Read more at Yahoo Finance: A New Wave Of Shoppers Are Earning Bitcoin Rewards On Amazon, Target And Apple Purchases