It is possible to make money using a credit card. How?
Yes you can make money useing a credit card, but first you would have to pay the credit card company nothing in fees and interest, if you have a reward card that gives you 1-5% back on purchases you could get close to $600 in a year, you could also use the purchase protection to get a little bit of money back on a item you bought that you find somewhere that its cheaper and you paid on your card.
A few credit cards offer cash back on a percentage of what is spent. There are many fine print qualifying details. This will only work for someone who is completely disciplined to pay in full each month and follow all the qualifying rules to the letter.
Well said, you two. Let’s review.
You can make money on a credit card by paying the bill in full each and every month AND by receiving money that is tied to a rebate based on the stuff you buy on that credit card. This takes discipline and a clear understanding of how to use a credit card and how not to. Knowledge is POWER!!!!!
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