Loyal3: My Final Credit Card Rewards Purchase
I recently shared an email I received from the no commission brokerage Loyal3 that stated it will no longer be offering stock purchases with credit cards starting November 18th. I’ll still be funding this account, but at a much slower pace; however, I wanted to make one last push with my 1.5% cash back rewards credit card. I put another $650 to work in Unilever (UL) which bought me 15.9817 shares at an average cost of $40.67 per share. I now own 23.5210 shares of UL for a total cost basis of $950 or $40.39 a share. My 12-month forward dividends increase to a new total of $1,338.90. In other words, I’ll now be averaging $3.67 in passive income every single day just for waking up.
Here is a recent fast graph of Unilever:
Did you make any last minute purchases with Loyal3? How much passive income do you receive each day?