Fintech GoodLeap launched the GoodLeap Home Visa Signature Card, a home equity line of credit that pays 6% cash back on home improvement projects initiated through the company's app. This is a reward rate the company says is the highest available for home improvement spending from any major card. "A homeowner who just spent $20,000 upgrading their HVAC system shouldn't be earning a few airline miles on a credit card with an average APR north of 20%. However, many also use their own savings or a credit card to finance their project. However, excessive tapping of home equity, which many compared to someone using their house as a credit card, has been cited as a cause for the Great Financial Crisis.