It is possible to make money with a credit card? See 7 ways to do it now!

Did you know you can make money with your credit card? There are several ways you can leverage this purchasing tool to earn money.

Since cards are the most widely used payment method in Brazil, it's easy to understand why bonuses and other benefits are used to ensure you make money with your credit card.

In this article, we'll show you ways to make money with your card. Read on to find out.

Ways to make money with a credit card

1. Make money with the card by selling miles
2. Make money with the card receiving cashback
3. Make money with your credit card limit
4. Make money with the card earning points
5. Make money with the card using benefits
6. Make money with the card using installments
7. Make money with the card by paying bills

Make money with the card by selling miles

Did you know you can make money with your card by accumulating airline miles and then selling them? This way, by acquiring miles using your card and making them available online, you can turn your card expenses into additional cash.

However, there are strategies that can accelerate your points accumulation, allowing you to earn more miles and, consequently, more money. This way, you can use your miles and get a financial return.

How to make money with the card by selling miles?

You can make money with your credit card by selling miles on specialized points-based websites, or if you prefer, you can buy tickets and resell them to someone you know who needs a ticket.

See how to sell your miles:

• Use your credit card to make purchases and earn airline miles. Make sure your card offers loyalty or rewards programs that include miles as a benefit.
• Research and register on online platforms specializing in buying and selling miles. There are several websites and apps that facilitate this transaction.
• Compare the offers available on the platforms, considering the number of miles you have and the value you want to receive. Be aware that the value of miles varies depending on demand and the time of year.
• Create detailed ads with information about your miles, such as quantity, expiration date, and terms of use. The more transparent your ad is, the more trust you'll convey to potential buyers.
• Respond promptly to interested messages and negotiate the price. Once you've agreed with a buyer, follow the platform's instructions to complete the transaction.
• Miles are transferred directly to the buyer's account, ensuring transaction security. Be sure to follow the platform's instructions to ensure the transfer is successful.
• After a successful transfer, you'll receive the agreed-upon payment. Keep in mind that the platform may charge a service fee, which should be factored into the net amount you receive.

Make money with the card receiving cashback

Earning money with your card by receiving cashback is a smart strategy to maximize your earnings while making everyday purchases.

Cashback is a benefit that allows you to receive a percentage of the amount you spend back, either as a discount on your bill or as cash deposited into your account. It's a convenient way to save and earn extra money while using your credit card.

How to make money with the card receiving cashback?

There are several ways to get your money back with cashback. Each credit card offers a different option so you can get even more back on your eligible cash.

• Start by selecting a credit card that offers a cashback program. There are several options on the market, and the cashback percentage may vary depending on the card chosen.
• Use your card for everyday purchases like groceries, gas, meals, and more. The more you use your card, the more cashback you'll earn.
• Pay close attention to the details of your card's cashback program. Some cards offer different cashback percentages for different purchase categories, such as travel, restaurants, and online purchases. Learn the rules and which categories offer the highest returns.
• Make sure you pay your card bill in full and on time to avoid interest and fees. Cashback is more advantageous when there's no interest to pay.
• Once you've accumulated a significant amount of cashback, find out how to redeem it. Some cards allow you to apply cashback directly to your statement, while others deposit the amount into your bank account.
• If you're considering a new cashback credit card, compare the different options available on the market. Evaluate the cashback rate, annual fee, and any other benefits associated with the card.
• In addition to cashback, many cards offer additional benefits such as travel insurance, purchase protection, and extended warranties. Make sure you take full advantage of all the perks your card offers.

Make money with your credit card limit

You can use your credit card limit to withdraw money. To do so, you need to perform two transactions and have a trusted person transfer the money.

This is because digital wallets allow you to transfer money to another account using your card's credit limit. In an emergency, it's a good alternative.

How to make money with your credit card limit?

To withdraw funds from your credit card limit, you need to have an account with a digital wallet, such as PicPay, Ame, and others, and have a trusted account to transfer funds to.

Here's how to do it:

• Open your digital wallet and transfer the desired amount to another account.
• When transferring, use the “credit card” method to make the transfer.
• With this, you send the money and it will be charged to your card limit.
• Once the person receives the money, ask them to send it back to you.
• Done! You've used up your limit to get money.
• Please note that this type of transaction may incur fees at the time of payment.

Make money with the card earning points

One strategy to increase your earnings using your credit card is to shop online through rewards program partners.

Points, like miles, have economic value, and points programs often partner with major websites in Brazil, allowing you to earn for every real spent on these platforms.

You can earn up to 20 points per real spent, which represents approximately a 40% discount on the total purchase amount. This is a great way to save money, and you can use these miles for travel or even sell them.

How to make money with the card earning points?

To make money with the card by earning points, you need to have a card that is enrolled in the points program, and then you will be able to make purchases and accumulate benefits.

• Make purchases of products that generate points for you.
• Accumulate and always check your scores within the card app.
• Once you have a certain number of points, see how you can exchange them: for cash, benefits, or products.
• Enjoy your money.

Make money with the card using benefits

Each credit card offers a variety of benefits that can result in savings and even financial gains. These benefits range from discounts at stores, movie theaters, and ticket purchases to access to VIP lounges, travel insurance, and countless other perks.

How to make money with the card using benefits?

The tip here is simple. You should know all the benefits your credit card has to offer and then take advantage of each one to ensure you save money on your purchases.

This is a way to make money with your credit card, since, without purchasing with the card, you would pay much more for everything.

Make money with the card using price protection

Price protection is a privilege offered by certain credit cards, which ensures a direct refund to your card statement if you identify the same product available at a lower price within a certain period after your purchase.

How to make money with the card using price protection?

To qualify for this credit card insurance benefit, it is essential to check if your card includes this protection and use the same card to make the online purchase.

• Make your purchase as usual.
• Check out the products and see the most affordable options.
• Contact your card operator and explain the difference.
• Receive a refund for the excess amount on your invoice.

Make money with the card using installments

When making purchases, check out the benefits of credit cards for installment payments. Many offer interest-free installment options.

This means you can leave your money invested in your account and receive a correction, ensuring savings.

How to make money with the card using installments?

To make money with your card using installments, you should consider the options for paying for the product you want to buy in interest-free installments, even if you have the cash in hand.

• Purchase the product with the card.
• Pay in as many installments as you want without interest.
• Invest the money you would pay for the product in an account.
• Receive income into your account.

Make money with the card by paying bills

Did you know that you can receive a financial return after paying your water, electricity, and bills?

Thanks to digital wallet apps like PicPay, you can link your credit card to the platform and get a portion of the amount you spent back every time you make a payment with that card.

How to make money with the card by paying bills?

To make money with your card by paying bills, you must have a digital wallet account and it must be linked to your credit card.

• Open your digital wallet app.
• Make the bill payment.
• Choose “Credit Card” as your payment method.
• See how much you'll get back.
• Make the payment.

Frequently asked questions

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