How You Can Make Money Distributing Credit Cards
Become a Credit Card Distributor
Mastercard International is targeting a 40 per cent growth for
the financial year 2004-05. At present, it has 7 million debit
cards and 5 million credit cards. ...
Visa is targeting the same percentages.
People will always need credit cards; it seems the average
person has about 4 cards in his pocket, a card for gas, a card
for a major department store, a card for groceries, a card for
jewelry, and a couple of cards as spares just in case cash is
needed and in short supply.
Now if you have a website, ANY type of website, you can become
an affiliate for one credit card company, or up to 100 credit
card companies, for absolutely free!
To give you an example as to what is available:
You can feature more than 100 credit cards with several
companies by just placing a simple link on your web page for
free.
These companies will also help you set up your website.
Credit Cards offered are Visa. Mastercard and American Express.
Commissions to you when somebody fills out an appication range
from $20 to $80 for an approval.
They provide affiliates with all credit card content, such as
reviews, ratings, APRs, fees, etc. All information is provided
FREE to affiliates to incorporate into their websites.
Some companies will actually supply you with access to a
database which consistently updates any information that may
change such as interest rates and terms and conditions.
There are at present numerous different types of cards the
majority of which fall into 2 classifications:
Credit Cards based on good credit history. Interest and
transaction rates should be relatively low.
Credit Cards based on not so good credit history. Interest and
transaction rates will be relatively high.
It would be perfect as an affiliate to be able to offer both.
In order to convince people to subscribe to a certain credit
card you can actually promote on your website various types of
rewards offered by the credit card companies.
A prime example of rewards of course are airmiles.
"Get 15,000 miles free when you apply for this particular credit
card."
How about these rewards:
"0% intro APR for 15 months."
"Instant approval"
"5% cash back"
"Free movie rentals"
"Bad Credit OK"
"Low Interest" "Purchase and transfers at 0%"
"Free rewards program: Home, electronics, dining, travel and
more" " 5 points for every $1 spent at supermarkets, drugstores
& gas stations:" " Earn 1 point for every $1 on all other
purchases" " 0% APR on balance transfers for 12 months" " No
annual fee"
"auto rebate cards"
Faster Cards There are now new cards , where cardmembers simply
hold their card near a point-of-sale reader at a checkout,
instead of swiping their card or handing it to a store employee.
As cardmembers hold their card with this feature near the
point-of-sale reader, the reader will quickly emit a tone and
light up to signal payment confirmation. "We believe the
innovative cards with this feature provide merchants and
cardmembers with the increased speed and convenience they want
at the point-of-sale," said a senior vice president of a
company's credit card division. "With this feature, cardmembers
can save time when making their everyday purchases." So you
could use any of the above incentives to promote your affiliate
credit card link and earn additional Internet Income.