How to make money with a credit card?

How to make money with a credit card? Read the text and learn three ways to make money with this product.

How to make money with a credit card and referral program?

This is perhaps the easiest of the three options. The biggest challenge will be finding people willing to open an account.

Some digital accounts pay users a small reward for each referred friend who also opens an account.

However, it's important that your referred friend downloads the account app using the link you shared directly from your app.

The amounts paid depend on each institution, and the program rules also vary depending on each bank.

For example, in Mercado Pago, Bitz and Iti, your friend must make a transaction in the app to activate the account and you earn the reward.

However, this is easy to fix. Make a transfer via address book contacts, Pix, or boleto to your friend, then ask them to return the amount to you in the same way.

It is worth noting that some digital accounts tend to change the remuneration amount up or down.

The amount paid for each referral is not much, however, the more friends you invite, the more you will earn.

Some accounts have referral limits, for example, Iti, others have a monthly limit, like Next, while in others, you can invite as many people as you want, like Bitz.

See below some institutions that pay for referrals, some of them pay the referred friend as well.

Since fees vary between institutions, they won't be disclosed. However, you can check the current fee on each institution's app or website.

I can tell you that the minimum amount for each friend is R$5.00 and the maximum is R$20.00.

Iti;
Mercado Pago;
Bitz;
Next;
PicPay;
Pay Recharge;
BMG;
Meliuz;
PagBank;
Banqi.

Even though it's not a very high amount, it helps a lot! So, you were excited to discover the first way to how to make money with a credit card?

Continue reading to learn about the other two options.

Cashback

The second way to make money with your credit card is with cashback.

This program is the bet of many banks to attract new customers and become the main option for their users, just as the referral program has this purpose as well.

The search for cards with cashback has also increased in recent months. This is because it is a great benefit.

The only downside is that you need to buy to win, but you can do it in a smart way.

For example, you usually shop at the supermarket, right? Use your account card to pay for your purchases and earn cash back.

Another interesting option is to use PicPay to pay your bills, as this digital account also pays cashback. bill payments.

Each institution pays a different percentage of cashback, so it's important to compare and focus your purchases and payments on the option that pays the most.

At some institutions, you can use the amount acquired however you like, but there are some that only allow you to use the amount to deduct from your card bill.

In fact, it's not a bad thing, because you save on the bill and can use that money for something else.

Check out a list of the best cashback cards below:

PicPay;
Iti;
Inter;
Magalu;
Meliuz;
Vivo Itaucard;
Rappicard;
Pay Recharge;
Mooba;
Trigg;
BV Mais Card;
C6 Bank;
BMG;
Bradesco Visa Like;
Original Bank.

How to make money with a credit card with miles?

Thousands of people accumulate miles on their credit cards, but end up not using them. What they don't realize is that they're missing out on the opportunity to save and earn extra cash.

This is because you can exchange your miles for discounts on products and services and also sell them.

One of the best sites to sell and buy miles is MaxMilhas, however, there are other great options on the market.

Now, check out a list of the best cards for accumulating miles below:

Latam Pass;
C6 Bank Carbon;
Sugarloaf Mountain;
Azul Itaucard Visa Infinite;
Itaucard Click Platinum;
Digio.

Conclusion

It saw, how to make money with a credit card Isn't it impossible or even that difficult? Just choose the right option and enjoy these benefits.

Be sure to check out our blog to always find new ways to earn extra income.

Finally, you might like to find out which digital account opens instantlyThis way, you can start earning money with your credit card even faster.

Read our text!

Credit Market

Nara

Writer and aspiring Virtual Assistant. Passionate about the Digital Financial Market and its various aspects. Certified by Rock Content and HubSpot. ANBIMA student.

January 20, 2022