Which card has a lower annual fee, Fold or Target Mastercard?

The Fold has no annual fee, compared to $0 for the Target Mastercard.

Which card earns more cash back, Fold or Target Mastercard?

The Fold earns 1.5% base cash back, while the Target Mastercard earns 1.0%. The best choice depends on your spending habits. Use the calculator to see which card earns you more.

Is the Fold better than the Target Mastercard?

It depends on your spending. If you spend more on categories where the Fold offers higher rewards, it may be better. Use our calculator to compare based on your actual monthly spending.

Fold vs Target™ Mastercard®: Which Card Wins for Your Spending?

Which earns more for you?

Travel ($)

Dining ($)

Groceries ($)

Gas ($)

Special ($)

Other ($)

Monthly spending. We rank on rewards minus the full annual fee, so statement credits and perks are listed separately and never counted for you.

Choosing between the Fold (no annual fee) and the Target™ Mastercard® (no annual fee) comes down to where you spend most. Both cards can deliver real value. Let’s break it down, then run your numbers to find the winner.

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Meet the Contenders

Fold

1.5% bitcoin back on all purchases (stackable up to 4% with bitcoin activity). Earns a solid 1.5% on everything else.

Annual fee: None Foreign fees: 0%

Perfect if: You want solid rewards without paying an annual fee.

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Target Mastercard

Strongest in dining at 2%. 5% off every Target purchase instantly at checkout, plus 2% on dining and gas and 1% elsewhere.

Annual fee: None Foreign fees: 3%

Perfect if: You want solid rewards without paying an annual fee.

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Head-to-Head Comparison

Feature	Fold	Target Mastercard
Annual Fee	$0	$0
Sign-Up Bonus	None	None
Foreign Transaction Fee	0%	3%
Base Reward Rate	1.5%	1.0%
Dining Rewards	1.5%	2%
Gas Rewards	1.5%	2%
Key Benefits	1.5% bitcoin back on all purchases (stackable up to 4% with bitcoin activity).	5% off every Target purchase instantly at checkout, plus 2% on dining and gas and 1% elsewhere.

The Verdict

Fold pulls ahead for travel, groceries spending.

Target Mastercard wins on dining, gas.

Not sure which fits your life? Enter your spending below and we’ll do the math. The calculator ranks purely on rewards minus the full annual fee, so credits and perks are yours to judge.