I earn money from my credit card
By scheng1
@scheng1 (24649)
Singapore
December 8, 2015 7:20am CST
Many people blame credit cards for their financial woes.
They are wrong to blame credit cards, because they spend money, not that the credit cards ask them to spend money.
I am always careful with my money, and that is why I never get into credit card debt despite having the credit card for years.
I earn a few hundred dollars from my credit card, and never have to pay a single cent in interest.
I have a direct deduction arrangement so that the credit card bill will be paid in full every month.
I accumulate points and use the points to exchange for cash.
Sometimes when my relatives and friends want to pay in cash, I ask them to give the cash, and I pay with my credit card.
Sometimes when the company has to pay online, I use my credit card and claim the amount from the company.
This is one of the best ways to earn money through credit card.
3 people like this
3 responses
@onlinetomakemoney (605)
• Australia
9 Dec 15
You are totally right, I am actually working on a business opportunity which utilizes this very option.
It's good to see there is someone out there who thinks like me.
1 person likes this
@paigea (36317)
• Canada
8 Dec 15
I use my credit card for just about everything I buy. And like you, I pay the bill every month. I never use it to buy something I can't afford. It is another monthly bill to pay just like paying the electricity or heating bill. So, I have never had credit card debt or paid interest. I get airline points and have used them a few times.
1 person likes this
@scheng1 (24649)
• Singapore
9 Dec 15
That is good to hear.
My credit card allows me to convert to air miles too, but i prefer hard cash.
i will accumulate enough points to get $100 back.
I think it takes a year or two.
I do not have much expenses. Sometimes I just charge $70 to credit card in a single month.
Sometimes it is several thousand dollars because I pay for my vacation.
1 person likes this
