I am happy to say that I am a credit card! In fact, some of you may already be credit card activities. If so, I praise your outstanding work! Now, for those who do not know what the problem is with the credit card, you may want to continue reading before you start thinking about my loose screws!
When I said I was a credit card activity, I didn't mean that I avoided credit card bills. In contrast, credit card credit cards are insider words used by credit card company executives, referring to all credit card users who quickly clear their bills every month; in doing so, such customers will not pay interest, nor will they prevent creditors from making profits! This is me! I like to do credit card activities!
Another option for credit card activities is credit card executives call it revolvers. A revolver is a credit card user who often holds balances and regularly charges monthly interest according to their charges. Credit card companies like revolvers because they essentially increase the bottom line of credit card companies and make them profitable. In addition, from the perspective of insiders, the best customers not only have balances but also pay later, causing additional costs and higher interest rates.
All right, so I haven't had a credit card for a while now, but last year I improved my uninvited guest even further. Not only did I refuse to hang my credit card company's wallet on my hard-earned cash, but I was also happy to put my own wallet at $ 1,402 with my own money. Yes, that's right. They paid me $1,402 to use their cards; read on to find out how!
Cash back credit card
First of all, I applied for a cash back credit card and I was immediately approved. My new cash back credit card arrived at my home this week after it was ready. This card gives me a 0% annual interest rate of 12 months, and does not charge an annual fee; with it, I purchased all the gas and grocery stores and pharmacies, purchased natural gas and 5% cash back, all other There is 1% of the purchase. I have a family of four, and buying natural gas also equips my spouse's car with natural gas. My average monthly purchase and cash rebate income is as follows:
Monthly natural gas purchase $ 325 x .05 = $ 16.25
Monthly grocery bill $ 1,200 x .01 = $ 12.00
monthly pharmacy purchase $ 160 x. 01 = 1.60
Credit Card Cash Return Total Revenue $ 29.85 x 12 = $ 358.20
Airline Awards Credit Card
I also applied for an airline rewards credit card and was immediately approved online . Just like a cash back credit card, my new airline awards a credit card to arrive within the next week, launching a 0% entry APR within 12 months, with no annual fee. This credit card earns 1 frequent flyer miles for every $1 you collect.
I received a lot of miscellaneous fees on my new airline rewards credit card, including major purchases and business expenses. Therefore, the average cost of qualifying is US$2,250 per month or US$27,000 per year, which is close to 27,000 frequent flyer miles, which is enough for a plane ticket to Hawaii: worth US$500!
0% entry APR for 12 months
Now, here is the kicker. Since these two credit cards have an introductory annual interest rate of 0% within 12 months, I only pay the minimum payment amount for each card and deposit my purchase money into a 2.5% dedicated savings account. ). For the sake of simplicity, I reminded the savings account every month of a 12% monthly deposit of $3,935, raising the interest rate by 2.5%. By the end of the year, I won $544 in interest!
My total credit card income for this year
So, here is my total income earned from cash back credit cards, airline reward cards and interest.
Cashback 12 x 29.85 = USD 358
Free Air Ticket $500
Savings Account Interest $544
Total Get $1,402
To ensure I keep my uninvited guest way, now 0% of The introduction rate has expired and I am paying off the balance from the balance I deposited into my savings account this year. To become a credit card, you need to be persistent, determined and disciplined. I did it and you can!
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