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How to make money using credit card

 

 

 

 

 

Want to know how to make money using credit cards? Here are the best tips.

The credit card is one of the most widely used payment methods in Brazil and around the world. This is because it makes it much easier and more practical for consumers.

As a result, some financial institutions offer credit card users a number of advantages. One of them is the possibility of earning money with the credit card.

Surely you already know that you can spend a lot of money on credit cards, but did you know that you can make extra income from them? That's right!

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Today you'll learn all about how to make money using credit cards, check it out!

How to make money using credit card

Cash back

Money back, also known as cashback, is certainly one of the easiest ways for anyone who wants to know how to earn money using a credit card. This is because many banks offer it to attract customers.

When it comes to earning money using a credit card, cashback works like this: when you make a purchase with a card, you receive a percentage of the amount refunded, previously specified by the financial institution. Depending on how your bank operates, this money can be used to reduce bills or withdraw funds, transfers, etc.

como ganhar dinheiro usando cartão de crédito

Miles program

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The miles program is another alternative for those who want to know how to earn money using a credit card. Participating in the miles program can be an advantage even for those who don't like to travel. This is because you can now sell or exchange your miles.

In fact, there are thousands of people who make a lot of money teaching others how to make money with the miles program. So, the miles program consists of the accumulation of miles that you receive with your credit card purchases.

However, it's important to pay attention to whether or not your credit card has a miles program. This accumulation can be accelerated if you combine all your spending on one card, even if you decide to pay your bills by card.

But it's important to analyze whether these expenses are in fact covered by the miles program. You also need to keep an eye on the validity of the miles, because if they expire you lose all your money.

One of the main advantages of the miles program is that it's very easy to sell them, which is why it's one of the best alternatives for anyone looking to earn money using a credit card.

Points

The points program is another option for those looking to earn money using a credit card. In general, the programs work like this: the more you spend and pay your bills on time, the more points you accumulate.

This is an indirect way of earning extra money with a credit card, as you can save money on what you buy.

So check out the loyalty programs offered by your credit card company and register on the platform to start participating in the program.

Currently, depending on your type of card, there are different programs. Mastercard Surpreenda is very popular and each purchase is worth one point. Another advantage is that the points can be exchanged for different products or services.

How to use your credit card wisely

como ganhar dinheiro usando cartão de crédito

Now that you know how to make money using credit cards, how about some tips on how to use credit cards intelligently? This is because it can be an ally, but it can also become a villain when not used correctly.

Watch out for installments

To use your credit card wisely, you need to be careful with the installments. This is because not everything needs to be paid in installments, so you should analyze the need for installments before making a purchase.

This is because the installments can accumulate like a snowball, making it impossible to pay the bill. So you start paying the bill in installments and in the end, the debts are eating you up. So be careful with the installments and assess the real need to pay for a purchase in installments.

Don't be impulsive

This tip is not just about using your credit card wisely, but also about having a healthy financial life. That's because if you buy on impulse, you'll certainly regret it later, but you'll have to bear the consequences... the dreaded bill.

When it comes to credit cards, the chances of impulse buying increase even more. This is because credit gives the false impression that you have more money, but it's not true.

So before you buy a product in a physical store or online, consider why you're making the purchase and whether it's really necessary. A good tip is to wait an hour and after considering it, if you are firm in your decision, buy it.

This is because we often buy not only for impulsebut also out of boredom or frustration. So think carefully before buying a product.

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