Part of making money with your brain is knowing how to save money and take advantage of opportunities to convert things into cash. Business credit card rewards are a good example.
Some card companies pay you back for using their card when you purchase merchandise or services. Rewards can be points, free gift cards, discounts at specific retailers, plane tickets, or merchandise.
To take advantage of business credit card rewards, you’ll need to do some detective work. Look closely at your statement and cardholder agreement and find out if you are earning rewards. The rewards can come in many shapes and sizes:
1) Cash back applied to your balance. (The most attractive option.)
2) A check mailed to you monthly or quarterly.
3) Gift cards. You can do several things with gift cards including give them as gifts, use them yourself for merchandise, or sell them on eBay or Amazon. Gift cards typically sell on eBay and Amazon for 90-95% of the face value.
So pay attention to your business credit card rewards and use them to your advantage.
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