Shrink Your Student Loans, Invest in Bitcoin: Credit Card Points Get Creative - WSJ

Fintech startup Social Finance Inc. in March launched a credit card that provides up to 2% cash back, which can be converted to pay down student loans that cardholders have with the company, among other things.

WOW! If you spend $2,000 a month, you can get $40 to pay down your relatively low-interest student loans while, at the same time, the average user is likely to have increased their credit card debt at 14% interest! WHAT A DEAL!!!!!!

Synchrony Financial, the largest U.S. issuer of store credit cards, in April will allow customers who have its co-branded credit card geared at health and wellness expenses the option to redeem their points toward newly planted trees.

Borrow from us at 14% and we’ll plant a tree for you!