Elastic Line of Credit

WHAT IS

Flex Rewards?

Keeping your account on track is no easy feat. That's why when you make required on-time payments for 6 consecutive months* for your Elastic line of credit, you earn a $25 reward - yours to apply to a future payment or your current balance.

How it Works

1. Open an Elastic line of credit

2. Make 6 consecutive months of on-time payments

3. Earn a $25 reward for staying on track

4. Apply your reward to your Elastic account

Good Habits Deserve Rewards

Pay on time, get rewarded—it's as simple as that

Apply your reward to your Elastic account

Rewards don’t expire for 2 years

No extra sign-up—just borrow and pay on time

Program Rules & Eligibility

Eligibility Highlights

Make 6 consecutive months of on-time payments.
Must have an active line of credit.
Already earned a reward? Keep building—rewards stack up as you go.

Redemption Rules

Reward must be redeemed in full.
Must have an outstanding balance greater than the reward.
No cash payouts.
Rewards expire 2 years after they're earned.

Frequently Asked Questions (FAQs)

Earning Rewards

How do I earn the $25 Reward?

I missed my payment and lost my progress. Now what?

How long does it take to receive my $25 reward after qualifying?

I paid off my balance and have only made 3 consecutive months of required payments. What happens now?

Can I earn more than one Reward?

Reward Redemption

How do I redeem my reward(s)?

Can I use a partial reward?

Can I cash out my Reward(s)?

Can I apply the $25 reward toward my current payment due?

What if I close my account before using my reward?

*If you are on a Monthly payment schedule: you will earn a $25 Reward after 6 consecutive on-time billed Required Payments. If you are on a Semi-monthly or Bi-weekly payment schedule: you will earn a $25 Reward after 12 consecutive on-time billed Required Payments. See the Flex Rewards Terms and Conditions for details.

Ready to Earn While You Borrow?

Open your Elastic line of credit today and start working toward your first Flex Reward.