Use For Home Improvement
slide demonstration
use for home improvement
Use Award Cards For Making Purchases
The BLOC is a Home Equity Line of Credit Account that can be used for home improvement and remodeling. It is the best financing strategem for upgrading your home.
Maximize your benefits by using award cards along with the BLOC.
Use an award credit card to fund home improvement such as supplies, materials, decor and other.
Also check whether the contractor accepts credit cards for payment. Many contractors do, so use your card whenever possible.
Use your card to build up rebate points that can be redeemed for whatever you choose. It's a nice way to build up points and/or rebates to help defray some of you home improvement costs.
| find the best card for rebate awards | |
| view what's new in award credit cards | |
use for home improvement
Associated Costs for Home Improvement
There are varying costs of home improvement that you should be aware of. Again, try to use the award card wherever possible.
These costs include:
Contractor Service:
cost for the work performed by a professional builder or home improvement contractor.Supplies and Materials:
cost for the materials and supplies used in home improvement; i.e., windows, wall paper, flooring, etc.Architectural Design:
drafting or layout of the home improvement project including specifications.Inspections:
cost for independent inspections on the home improvement projectPermit Fees:
costs to government agencies for permits and other zoning variances and/or requirementsOther Related Expenses:
any other expense that can be identified to complete your home improvement project
use for home improvement
Using Your BLOC To Payoff Credit Card Balance
Almost all award cards give you a 25-day grace period. So that is 25 days of FREE money.
When the card balance is due, pay it all off using your bank equity. The balance on your bank equity will decrease as you deposit and hold discretionary income into the bank equity account.
| see slide demo | |
| view how this option may work | |
use for home improvement
Shop Your Bank Equity Product
Download the bank equity specifications sheet. It will highlight what you need for the bank equity program to work.
If the lender doesn't offer some the features, go with another lender:
| download the bank equity specifications sheet |

