Technology platform GoodLeap announced on Thursday the launch of a Visa Signature credit card backed by a home equity line of credit (HELOC), allowing homeowners to finance home improvement projects and everyday purchases while earning cash-back rewards.

The GoodLeap Home Visa Signature Card, or GoodLeap Home Card, provides eligible homeowners with access to up to $150,000 through a HELOC that can be used over time rather than through a single upfront draw, the company said.

The company said that the card can be used anywhere Visa is accepted and carries no annual fee. Cardholders can earn 6% cash back details ⇒

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