How to make money with a credit card?

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

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

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

Thousands of these people don't know what their credit card limit is, nor do they take advantage of the benefits it offers.

In fact, they don't know that it's possible to make money with some credit cards.

In today's article, you will learn... How to make money with a credit card. And who knows, you might already have one of these items in your wallet, but you're just not making the most of it.

So, keep reading to find out!

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

The first way to make money with a credit card is by friend 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's invitation link with your friend. Then, they need to download the app and create an account using that shared link.

After the account is approved, you receive your reward; in some cases, your friend also receives a reward.

The amounts are low, 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 greatly help those in need. See below for credit cards that pay for referrals:

1. Mercado Pago;
2. Bitz;
3. PicPay;
4. Méliuz;
5. BMG;
6. Iti;
7. Next;
8. PagBank;
9. Banqi;
10. Recharge Pay.

Now let's look at the second way of How to make money with a credit card.

#2 Cashback

Cashback, translated into Portuguese, means "money back". cashback cards These are the ones that give you back a percentage of your purchase price.

Each bank pays a percentage, for example: if you made a purchase of R$2 thousand and paid with a card that offers 10% cashback, you will have R$200.00 back in your balance.

In some institutions you can use the money however you want, but in others, the amount can only be used to pay off your credit card bill.

Ah! It's worth highlighting that these forms of how to make money with a credit card It also works for debit or prepaid cards.

Below is a list of some credit cards that offer cashback:

• Inter;
• PicPay;
• Recharge Pay;
• Trigg;
• Mooba;
• Méliuz;
• 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 cash?

Besides exchanging them for discounts on products and services, you can also sell them, for example.

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

Below are some credit card options for earning miles:

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

So, you saw 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 one of the suggestions mentioned here, open an account, and start enjoying these benefits.