By using the Grow Credit service, customers will be able to use Spotify and Netflix payments to improve their credit score. Grow Credit was recently launched and will allow people to use a virtual Mastercard, which is a dedicated card for subscription payments. Customers can then use those payments to enhance their credit scores.
Grow Credit also will have a 0% APR offering for its financing, with two tiers. The first is a free tier that will offer an unlimited $25 rotating line of credit. There's also a subscription service priced at $4.99 for a year's service, which will offer a credit limit increase at a maximum of $3000. Both of the tiers will provide FICO scores for free as well as an auto subscription detection system.