How to make money with your credit card?

How to make money with your credit card? Read the text and learn 3 safe ways.

At the end of 2020, there were more than 134 million active credit cards in Brazil. This number has certainly increased after the pandemic.

The number of card users has already surpassed the 52 million mark, according to data from SPC.

Thousands of these people do not know how much limit they have on their card, nor do they take advantage of the benefits they offer.

In fact, they don't know that you can make money with some credit cards.

In today's article, you will learn how to make money with credit card And who knows, maybe you have one of these items in your wallet, but you don't know how to take advantage of it.

So, read on to find out!

#1 How to make money with your credit card by referring friends?

The first way to make money with your credit card is with referral programs.

Many digital accounts pay their users a certain amount for each friend they refer. The amounts and rules depend on each institution, but they usually work as follows:

First, you copy and share your account invite link with your friend, then he/she needs to download the app and open an account through that share link.

Once the account is approved, you earn your reward, in some cases, your friend also earns an amount.

The amounts are low, something around R$5.00 and R$20.00, but by referring several people, you can get a good sum of money.

It won't make you rich, but it will help those in need. See below the credit cards that pay for referrals:

1. Mercado Pago;
2. Bits;
3. Pic Pay;
4. Meliuz;
5. BMG;
6. Iti;
7. Next;
8. PagBank;
9. Banqi;
10. Pay Recharge.

Now see the second form of how to make money with credit card.

#2 Cashback

Cashback, translated into Portuguese, means “money back”. The cards with cashback are those who return a percentage of your purchases.

Each bank pays a percentage, for example: if you made a purchase of R$1,000.00 and paid with a card that offers R$101,000.00 cashback, you will have R$1,000.00 back in your balance.

In some institutions you can use the money however you wish, but in others, the amount can only be deducted from your card bill.

Ah! It is worth noting that these forms of how to make money with credit card also works for debit or prepaid cards.

See below a list of some cards that pay cashback:

• Inter;
• Pic Pay;
• Pay Recharge;
• Trigg;
• Mooba;
• Meliuz;
• Magalu;
• Neon;
• XP Visa Infinite.

#3 How to make money with your credit card by accumulating miles?

Did you know that the miles you accumulate on your credit card can give you extra money?

In addition to exchanging them for discounts on products and services, you can sell them, for example.

One of the best sites to sell your miles is MaxMilhas, but there are other great options.

See below some card options for accumulating miles:

1. C6 Carbon Card;
2. Latam Pass Itaucard Visa International;
3. Azul Itaucard Visa International;
4. Sugarloaf Mountain.

So, you see How to make money with a credit card? 

Check if your card has any of these programs and start using them today!

If you don't have one, download the app from some of the suggestions mentioned here, open an account and start enjoying these benefits.