How I turned a $10K loan into $500 cash, and stacked $5K in rewards doing it

8 Dec 2025 · 1 min

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YouTube commentary by Dan Novaes describing a strategy of taking a $10,000 loan for 12 months, depositing it into high-yield savings (4–5% APY in 2025) to earn roughly $500 in interest, then repaying the loan. He frames this as a way to also unlock rewards points (example: earning 150,000 points that may be worth ~10x, turning $500 of interest into $5,000 in value) and recommends the approach for those low on cash who want to capture rewards.

Questions this video answers

$10,000

12 months

4–5% interest rate

$500

150,000 points

Chapters

The example of snoozing is that basically if you get approved for $10,000 and say that you get that for 12 months, and there are high Yield savings accounts, there's a ton of them, and you can get anywhere from 4 to 5% interest rate, at least right now in 2025. And so over the course of that year, 5% interest of $10,000 is $500. You can basically take the money from here, the $10,000, you deposit it into one of these High Yield Savings, and then it will basically make you $500 for free. @ the end of that year, you pay off the $10,000 and you made $500. It's a lot of work for 500 bucks. But if you're gonna be able to get 150,000 points, what we know is that sometimes $500 could be worth $5,000. Cause you get 10x value on those points. And so $5,000, that might be worth the hassle in that sense. Which is why I recommend if you're low on cash and worried about some of those, here's an excellent way to be able to do that while still being able to take advantage of that. Sick of wasting all this money. Follow us and get all of our hacks for free.