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[HEALTHY PAYBACK] First-ever health and wellness credit card launches

San Francisco-based Paceline has launched a credit card that ties financial rewards to physical activity tracked via the Apple Watch. The first-of-its-kind credit card, issued by Evolve Bank & Trust, links financial benefit to physical health. Paceline calls itself a "unified wellness" company, meaning it "incentivizes physical, mental, and financial health together, in a continuous virtuous cycle. It is an integrated system of technology, financial services, and health and wellness brands that become an embedded, yet non-invasive, component of life – financially motivating each user toward achievable goals that improve well-being."

The card's wellness-based rewards include Apple Watch credit for those who meet the requirements and varying amounts of cash-back rewards for certain fitness-related products, including gym memberships, fitness classes and workout apparel. Participating brands include, among others, Athleta, Kind, Nike, Core Yoga and Postmates.

To learn more and apply for the card, click here

 

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