How I Made $1,000 From Doing Nothing
John Chow wrote a post recently about how he made $1,399.90 just by using the cash back program with his credit card. Well, I just did the same thing.
All of my affiliate marketing spending gets charged to my business credit card I have through WellsFargo. One of the benefits of this card is that I earn rewards points for every dollar I spend on the card. Over the past year, I have spent a ton of money on this card buying traffic. I recently decided to check how many rewards points I have and found that I have well over 100,000. WellsFargo provides an entire store of things I can buy with these points, but in the end all I wanted was cash in my pocket. For every 50,000 points I have I get $500 cash. So having over 100,000 points means I just ordered 2 checks from WellsFargo totaling $1,000. This is basically free money for me, which I will then reinvest into affiliate marketing to make more money from it!
WellsFargo is not the only bank that has programs like this. Almost every bank has some type of rewards program or cash back program when you spend money on a credit card. I suggest anyone in the affiliate marketing game (or anyone with a business) sign up with their bank’s program.
One very important thing to note is that I always paid off my credit card in full every month. If you spend a lot of money on your credit card and don’t pay it off you will be paying ridiculous interest rates, which will make your cash back rewards moot. Be responsible with your credit and pay it off in full every month and you will reap the benefits of rewards points or cash back.
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