6 Amazing Ways to earn money from Credit Cards in India regularly

Hi Everyone In this article you will be able to read how you can earn money from a credit card. Actually these days we all know that credit card is their generation but we see many people using a credit card. And at the same time, we keep getting calls, SMS, or notifications to withdraw credit cards from many banks. Then we think about whether credit cards should be taken out or not. Many people find it unnecessary and extra expensive to take out a credit card and look to avoid credit cards.

But it is not at all like this, if the credit card is used properly, then you can earn good money from it and can also take advantage of the many features it has. So in this article, we will know what are the features of credit cards from which we can earn money. A credit card gives you opportunities to earn money which you can do by using a credit card properly. So in this article, I will tell you 6 ways by using which you can earn money from a credit card.

Choosing a low-fee credit card

Who is a credit card that many credit card companies provide to their respective credit card customers? These credit cards have different types of credit cards from different banks. When you think about getting a credit card, you should choose a good one. A credit card is such a card whose joining fee and annual fee differ from bank to bank.

Combined credit cards are made for different uses so you have to see which credit card you want to get. And after this, the most important thing is to see which card of which credit company has how many fees and charges. After seeing this, according to your use, you should choose the credit card in which your use should be complete and at the same time the joining fee, annual fee, and also the interest rate of that credit card should be low.

Many credit card companies also provide free joining and annual fees to any of their credit cards. In which your money can be saved and the interest rate is also less, in such a situation, whatever money you save, they are indirectly earned in the form of a little saving.

From Sign-up Bonus

Many credit card companies, when you want to take a credit card, initially these companies give a lot of good signup bonuses with their credit card, which is earned as your signup bonus. And at the same time, many credit card companies give you a bonus according to your credit card companies for whatever purchases you make with that card for the first 3 months of the initial credit card.

From Cashback offer

The most famous and popular way to earn with credit cards is the cashback offer. All credit card companies give you some or other cashback offers on any of your purchases by using their credit card. In these cashback offers, one percent to 5 percent and sometimes even more cashback offers like if you make some 1000 While shopping, you can earn up to ₹50 in a 5% cashback offer.

And these credit cards are used to pay bills like gas, petrol, grocery, recharge, etc. Some also have a big name in the form of cashback. In which you can earn good money.

From reward points

Reward points run on the credit cards of almost every credit card company. You can convert these reward points into money. If you do any shopping with a credit card, then many credit card companies give you some reward points on those shopping transactions. When these reward points get accumulated on your credit card, then you can convert them into money.

Reward points are sometimes more on particular goods or services or travel tickets. Amazon credit card is good for example, when you use an Amazon credit card for shopping on Amazon, then you can convert its reward points into Amazon vouchers and use them like money.

With the feature of other perks of credit card

Credit card companies give different types of features on their credit cards, in which you will get travel insurance, travel tickets, and event tickets according to the features of whatever credit card you have taken out from the credit card companies.

They give free according to the features of the card, where by doing this work for free, you can save the expenditure incurred on it, which automatically becomes your earning. So which features on which card, which credit company, and which free miscellaneous perks you will have to See?

From the Balance transfer offer

This is a very popular and good way to earn money from credit cards. Every credit card company pays the bill for the shopping you do using their credit card, then these credit card companies will charge you 30 to 40 In 40 days, after generating that day, it takes money from you and also gives you 1 to 2 weeks time to pay the bill.

So you can earn money by using these features of credit cards here. If your daily living expenses are up to ₹ 100000 groceries, clothes, daily needs, and many more. So if you do shopping for this 100000 with a credit card then you get a grace period of 30 to 40 days where you can use this 100000 in some other investment and make money from that one lakh.

For example, if you invest one lakh and make an FD by looking at the interest rate of that bank of your choice, then by dividing its interest, you can earn whatever it is for 1 month.

From Credit Score Building

It cannot happen when it comes to credit and you do not have a credit score. We all know that credit or loan is calculated from the credit score in the cibil department. We all know that if our credit score is good then we are given more credit and loans by any bank. So credit card also works to maintain a good credit score in your cibil department.

If this is your first credit card, then you should know that a credit card is like a one-month loan. And whatever credit card bill is being made to you, if you fill it regularly, then your credit score is good. Whenever you want to take a front loan or credit. And if your credit score is good, then you are given a loan or credit, and along with that you also get some discount on the interest rate.

Whatever loan you take, automatically the interest credit score reduces a bit if you have a good credit score and if this amount remains large, then you can earn a good income by saving good money in a way.

Keep in mind that whenever you are using a credit card, pay carefully regularly for whatever credit card bill is coming out, because if you do not do this, then the credit card companies will charge interest on these credit cards from the front month. Yes, they start putting on your bill. And whatever you want to get benefit from this credit card, you can also lose it.

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