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How to Use Your Credit Card to Make Money

Posted December 7, 2018 by EasyFinance.com to Credit / Credit Cards 1 0

Credit cards are the most readily-available type of loan in most people’s financial life; we all have at least one credit card ready for use. Aside from personal and consumptive reasons, there are many ways to use credit cards productively. You just have to know when and how to use the financing option to gain the most benefits.

If you are interested in using your credit card to make money, you have come to the right place. In this article, we are going to look deeper into business ideas, opportunities, and other things you can do to bank profits and make money using your credit card. Let’s get started, shall we?

Financing Your Projects

Whether you are a freelancer offering services or a business owner catering to online clients, there are always projects that require a bit of extra money to complete. There are many financing options to consider when you do come across these kinds of projects, and a credit card loan is one of them.

Before you go ahead and use credit cards to buy raw materials or pay for services, you need to first calculate the costs of using your credit card and the potential return you can gain at the end of the project. You want to make sure that the credit card use is justified by keeping the financing costs at a minimum while maximizing your profits.

It is also necessary to plan the project carefully. You want to be able to repay the loan in a timely manner to avoid additional charges and fees. That is how you maximize the benefits of using your credit card to finance projects and orders.

Boosting Your Investments

There are also times when the financial markets you are in – or plan on entering – offer more opportunities to make money. Not capitalizing on those opportunities would be a waste. This is where your credit cards come in handy.

Rather than applying for a loan and going through the rigorous verification process, you can now make a deposit to most forex and stock trading accounts using credit cards. In the case of forex trading, there are now a lot of forex brokers with low spreads who accept credit card deposits and withdrawals.

Similar to using credit cards to finance projects, there is a bit of risk management to do when you want to boost your investments using credit card loans. Choosing the right broker is a good start because you can get lower spreads and fees right from the start.

Rewards and Cashbacks

The credit card market is even more competitive than before, so it is not surprising to find credit card companies offering more rewards and special offers to please new and existing users alike. These rewards and cashback are among the tools you can use to maximize the benefits of using your credit card.

It is even better when you can take advantage of cashback and reward programs for productive reasons. For example, you can start your own reseller business and use your credit card to pay for drop-shipping. Not only will you make money from the actual sale of the items, but you will also gain extra return from cashback and other offers.

Using credit cards to fund your online business has one additional benefit - you can manage your expenses more meticulously. Since you don’t have to pay for everything in cash, consolidating your expenses and finding out just how much (more) you save becomes a lot easier. Here it would be wise to use the cards with the lowest interest and the best repayment perks before racking up bills too high to handle timely.

There’s Money to Be Made with Signup Bonuses

Here’s a novel idea if ever there was one! How many times have you heard it advertised that transferring balances to a new card can yield lower interest and better terms for paying back larger sums? Even though the money saved (lower interest rate) is money earned, there are other signup bonuses you may never have thought of converting to cash.

For example, some cards give you a signup or transfer bonus in the form of points towards products or services. You may never want to personally use those points such as frequent flyer miles or holiday packages, but you could always sell them for a percentage of their cash value. However, always check the small print before trying to sell these rewards because sometimes they are not transferable to a third-party.

These signup bonuses can be combined with the rewards system mentioned above for even greater resale advantage, so look at that potential as well. With a signup bonus, you can sell any rewards points along the way and increase your earning power many times over!


Let’s not forget that many digital marketing instruments, including some of the largest advertising networks on the internet, accept credit card payments on top of everything else. Registering your credit cards to Facebook Ads and Google Ads allow you to gain more flexibility when advertising your products and services to the right audience.

That extra flexibility must be taken seriously. When you allocate more money towards advertising and you run an effective campaign online, you stand to gain so much in return. You can increase the stream of potential customers visiting your e-commerce site or pages on other e-commerce platforms. At the same time, you can also boost your conversion rate and gain more orders in return.

The same can be said for other digital marketing instruments, including mailing lists, SEO, and social media marketing. Even digital marketing service providers and top agencies now accept credit card payments. Getting a team of experts helping you formulate and run effective digital marketing campaigns is certainly a possibility with a credit card in hand.

As you can see, there are a lot of ways to use credit cards productively and make money from them. The more you explore these opportunities, the more ways to maximize the benefits of credit cards you will find. As long as you stay on top of your credit card bills and invest time in managing your expenses, the possibilities are endless.

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