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Here's a free fintech idea - a credit card that instead of 1-2% cashback, buys you 1-2% of your purchase's stock, i.e. a $5 Starbucks coffee gets you $0.10 wort

Here's a free fintech idea - a credit card that instead of 1-2% cashback, buys you 1-2% of your purchase's stock, i.e. a $5 Starbucks coffee gets you $0.10 worth of $SBUX stock. I'm really curious how a widespread use of this would influence stock prices.

wefarrell 7y ago
That is a neat idea, and it's something that companies would absolutely get on board with and offer rates higher than 1-2%, especially if there were a minimum investing period of a year.