Lolli just removed the last bit of friction standing between everyday shoppers and Bitcoin rewards. The platform’s new automatic cashback feature lets users earn BTC on purchases made with linked debit or credit cards, no browser extension required, no promo codes to hunt down, no awkward checkout detours.
How it works
The automatic cashback feature is an extension of Lolli’s Card Boost program, which originally launched in 2022. That program allowed users to link their debit or credit cards and earn rewards directly through purchases at participating merchants. The new update takes it a step further by making the reward process entirely passive.
Users link a card, shop at any of the thousands of participating merchants, and BTC shows up in their Lolli wallet. No special app to open mid-purchase. No clicking through a portal first.
Cashback rates range from 7% to 30% back in BTC or cash on qualifying purchases, with average earnings sitting at roughly 7%. That’s competitive with, and in many cases better than, what traditional credit card rewards programs offer in fiat terms. For context, a 7% average return in Bitcoin on everyday spending is meaningfully higher than the 1-2% cashback that most traditional credit cards offer. Even premium travel cards rarely exceed 5% in specific categories.
New ownership, bigger ambitions
In July 2025, Lolli was acquired by Thesis, a Bitcoin venture studio. The acquisition signaled a broader expansion strategy that goes beyond simple cashback into what the company describes as a circular Bitcoin economy.
Part of that vision includes faster payouts, gamified rewards, and deeper merchant integrations.
One of the more technically interesting moves under the new ownership has been Lolli’s integration with Lightspark’s Spark infrastructure. Rolled out in December 2025, this integration supports Lightning Network withdrawals, giving users near-instant access to their earned Bitcoin. Instead of waiting days for your rewards to settle, you can move your BTC to a self-custodial wallet almost immediately.
The competitive landscape
Lolli isn’t operating in a vacuum. Fold has built a substantial business around its Bitcoin rewards debit card, and traditional fintech platforms have been increasingly experimenting with crypto cashback features of their own.
But Lolli’s approach has a distinct advantage in its card-linking model. Rather than requiring users to sign up for a new debit card (as Fold does), Lolli works with the cards people already carry. That dramatically lowers the barrier to entry. Nobody needs to wait for a new card in the mail or shift their primary spending account.
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