Is it possible to make money with a credit card?
Want to know how to make money with a credit card? Then you're in the right place!
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Making money with a credit card is totally possible.
But that’s not the only reason why you should use this tool. After all, in addition to cashback and miles programs, credit cards bring a lot of practicality and convenience to your daily life.
By using it correctly, you not only organize your financial life, but you can also obtain benefits.
For many, this may be a big surprise! Therefore, we will explain the main ways to make money with a credit card.
Are you curious? Then follow the article with us!
What are the best options for making money with a credit card?
As you already know, there are a few ways to make money with your credit card.
We list the best options for you to check out:
1. Cashback
Cashback is a word that comes from English and in Portuguese means “money back”.
Basically, it works like this: the customer makes a purchase and receives part of the amount spent.
There are several cashback platforms. The most common of all is Méliuz.
But you can also get part of your purchases back when you make purchases with your credit card.
The percentage of the amount received varies. Consumers can choose from 5%, 10% or even 15% cashback percentages.
So, if you know you're going to need to make a purchase, why not use a platform or credit card that offers this benefit?
Among the main cards that offer a cashback program for customers, we can mention:
• Inter credit card
• Méliuz credit card
• Trigg Card
• C6 Bank Credit Card
• Rappi Card
2. Miles program
The miles program is one of the oldest and most traditional ways to earn money with a credit card.
It is a strategy created by airlines aimed at those who travel more frequently.
The goal is to reward loyalty. Consumers who sign up earn points based on their spending and, when they accumulate a certain number of points, they can redeem prizes, such as airline tickets.
To use this program, you must check whether the credit card you use offers the benefit.
Registration for miles programs is free and offers you the opportunity to accumulate points when you use your credit card to make purchases.
3. Points for products
This is another benefit offered by many credit cards.
Typically, programs work like this: the more you spend on your card (and pay your bills on time), the more points you accumulate.
These points can be exchanged for different types of products and services.
There are many different programs. The most famous of them is MasterCard Surpreenda. Each purchase made through it is worth one point.
4. Price Protection Insurance
Although this benefit is available on most credit cards, most customers are not aware of the “Price Protection Insurance” service.
It works as a refund of the difference in the amount paid, if the consumer finds the same product for a lower price within 30 days.
In other words, if you purchased a certain product and within 30 days, you found the same item at a lower price, you can receive the difference between the amount you paid and the lower price found.
Obviously, to have access to the benefit “Price Protection Insurance”, the purchase must have been made using a credit card.
Additionally, there is a maximum benefit amount.
With Mastercard® Gold, the maximum amount is US$$ 100 per occurrence, subject to a maximum of US$$ 200 per account over a 12-month period.
5. Special discounts
Did you know that you can get discounts when using your credit card to make purchases?
This is because some financial institutions have partnerships with physical and online stores.
In other words, when you make a purchase at a partner institution using your credit card, you receive a discount.
This discount is usually 5% to 15%.
6. Optimize your card spending
As you can see, there are several ways to make money with your credit card.
And an efficient way to save money when shopping is to optimize your spending. How do you do that?
Well, there are bills that you have to pay anyway, right?
And, to optimize these expenses, you can register your card on platforms such as Picpay and Mercado Pago, for example.
Through these platforms, you can obtain discounts, special payment conditions and even receive part of the money spent back into your account.
Therefore, if you already know that you will need to purchase a certain product or service, do so using your credit card.
This way, you can get discounts, cashback and even accumulate points to exchange for airline miles or products that interest you!
Credit card: villain or ally?
You've certainly heard many people say that having a credit card is not a good option, right?
But the truth is that when used well, this tool brings several benefits to your financial life.
With it, you can concentrate all your expenses recorded in a single place (which helps you manage your finances), have more security, don't have to worry about change when paying and still have access to several benefits.
Therefore, if you know how to control your spending and avoid compulsive shopping, you can be sure that your credit card will be a true ally in your financial life!
Conclusion
Now you know the best ways to make money with your credit card.
Each of these tools has partnerships with specific stores and offers different benefits.
This means that to choose the best card option, you need to analyze which ones offer the most significant advantages for your day-to-day life!
