Make Money Using Credit Cards
Did you know that using credit cards can be a good way to make money? Or at least save money if you would prefer to look at it that way. Surprised? I was too until I delved deeper into the topic. Now I am not talking about just the 0% interest credit period that you can avail of when using your credit card. There are a lot more bonuses involved.
There are Cash Back credit cards that return a fixed percentage (ranging from 1% to 5%) of your purchases amount back to you! That would in effect mean availing a discount to that tune. Now if that doesn’t want you to shop more, what does?
Then you can have the Frequent Flyer cards. Your account gets credited with miles as and when you use your card. These miles can then be converted when you wish to travel. So in effect you will save on ticketing costs later.
The there are the Gasoline credit cards. These will give you a fixed discount on your gas bills and maybe other auto maintenance charges as well. With rising gas prices, this sure sounds like a good option.
If you are the sort who loves to eat out, the Hotel Rewards cards are a good bet. Every purchase adds points to your account which can be converted at various hotels and restaurants.
So with so many offers and so many banks and so many credit card companies, how do you go about selecting the best one for you? I found this site that has all the information neatly categorized so it becomes extremely simple for anyone to find the card that suits their needs. You need not visit individual banks’ websites to get the details. You can find all the options here – Juniper Credit Card, Citibank Credit Card, Capital One Credit Card, Advanta Credit Card, HSBC Credit card and more.
So guys, build up your credit score, get yourself some good credit cards and enjoy the rewards along with some 0% interest credit! If you know of any other ways to save (or make) money using credit cards, please do leave me a comment.
Hi, i like the idea of getting the cash back credit card, with the credit crunch here, i think we could all do with getting something back.
Thanks
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I like the Frequent Flyer cards as well as as points earning of every purchase. Having enough points to get a Free gadget or a utility really adds taste of using credit card. I myself got an iron and a watch so know how great it sounds
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i should look into that… i use my credit card a lot but i have never gone over or had to pay interest. id probably benefit from that cashback stuff o_O
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Generally with credit cards there are more chances to loose money rather than to earn, lol.
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I never thought of getting somethink back when I’m using my credit card. I use it a lot and now I have to look into that.
Thanks for sharing this.
Daniel
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Cash back credit cards are great. I use one and know how good it feels while paying the bill. If your use is extensive, you should not miss out on this.
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I think in near future all of us shall be using credit cards only. This is a fact that if we use them in proper way, we can’t go in loss ever. However Majority of people caught in the fever of delayed payment to pay extra interests. If we can pay our cards before due date then there is nothing wrong with them.
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Im using credit card for gas only. I love their rewards point. I could get lots of discount with it. Its always good to get some of your money back.
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Credit cards are bad throw them all away.
you know you wanna be cash independent
owe nobody and live free.
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The wife and I had one that gave 5% back on gas and groceries, and we used the money to pay off our student loans. I love free money!
Only problem is when you use a credit card, you tend to buy way too much.
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I really don’t know about the cash back credit cards,
I got a nice information about getting cash back…
Thanks for this post and I’m now aware of this cash back credit cards…
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Only appreciative and loving thing about Credit Cards is their rewarding point system. I have seen many people paying for others from their credit cards just to earn reward points.
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Investigation system, for how long you are using credit cards? I think even a kid knows that because that is an important part of credit cards.
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hi
use the correct way for credit cards.Credit cards are bad throw them all away.you know you wanna be cash independent
owe nobody and live free.
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