What is Fasten Rewards?
A credit card that rewards you for monthly car payments. 3x points at Fasten Partners, 2x points for monthly car loan, lease, and insurance payments, 1x points on everything else. *This is not a guarantee of credit. All Ts and Cs apply.
Problem
Users with car loans, leases, or insurance payments currently use standard credit cards that do not offer rewards for these specific expenses, missing out on potential points.
Solution
A credit card product that lets users earn 2x points on car loan/lease/insurance payments and 3x points at Fasten Partners, specifically targeting unrewarded automotive expenses.
Customers
Car owners with active loans, leases, or insurance payments, financially conscious individuals seeking to maximize credit card rewards for recurring automotive costs.
Unique Features
Tailored rewards for traditionally excluded automotive payments (loans, leases, insurance) and partnership-driven 3x points at affiliated merchants.
User Comments
Solves a niche gap in credit rewards
Useful for car-heavy budgets
Limited redemption options mentioned
Approval process unclear
Interest rates not highlighted
Traction
Launched on ProductHunt in 2024, exact user count/MRR undisclosed. U.S. auto loan market size (~$1.5 trillion) implies scalability.
Market Size
The $1.5 trillion U.S. auto loan market (2023) and $140 billion annual car insurance premium spend create a sizable addressable rewards niche.
