Credit cards often get a bad name. After all, Americans spent $26 billion on credit cards in the last three months of 2018.

They’re not all bad. You can use credit cards to invest in things you can’t afford – yet. Then pay off the balance over time.

But did you know you can also make money with credit cards? It’s true! And we’re going to show you how.

Read on to learn more.

• BONSAI FINANCE

  Our take:Online marketplace to find you a personal loan offer that matches your needsAPPLY NOWCredit ScoreLoan Size/AmountLoan TermAPROrigination FeeAll can apply$100 – $15,0001 – 605.99% – 35.99%Varies by lender

Join Reward Programs

Does your credit card offer a points system? These programs let you earn money for using your card.

These often come in two types. You might get rewards if you spend money in a particular category or even store. These rewards could be discounts or points you can swap for gift cards.

Or you might earn points whenever you travel. Think of frequent flyer air miles.

Collect Sign-up Bonuses

Some credit cards offer a registration bonus for those with excellent credit scores.

Others offer points, miles, or even cash, just to sign up. You might find you need to spend a given amount within your first three months of being a cardholder.

The type of credit card can affect the type of bonus. You might find the best bonuses come with cards charging the highest fees.

• BONSAI FINANCE

  Our take:Online marketplace to find you a personal loan offer that matches your needsAPPLY NOWCredit ScoreLoan Size/AmountLoan TermAPROrigination FeeAll can apply$100 – $15,0001 – 605.99% – 35.99%Varies by lender

One option is to open a new card and spend a certain amount during your first three months.

Claim the bonus. Then close the card. You can re-apply for a new card at least a year later.

Earn Cash Back

Points or rewards are nice. But getting cash back is even better.

Check out cash back credit cards to earn actual money as you spend money.

An example is the Capital One Savor Cash Rewards Credit Card. It gives a bonus when you spend a given amount within your first three months. You also get unlimited cash back on dining and grocery store shopping.

Check Your Credit Card Portal

Some credit cards run online portals with access to stores. Shopping at these stores earns cash back or discounts.

All you have to do is visit the store through the portal. It’ll log your purchases to give you your rewards.

Check if your credit card offers a portal. You may be able to register for alerts whenever a new store is added.

If your card doesn’t have a portal, don’t worry. Sign up for a free online cashback site.

Visit your chosen store through their website. Then earn money back when you buy anything through that link.

Use Your Card to Build Your Credit

This isn’t exactly earning money but it can help you out in the future. It’s all about your credit score. 29 percent of Americans had a ‘good’ credit score in 2018.

If you’re trying to boost your credit score, open a new credit card. Try one with a low credit line if you’re concerned about debt.

Simply repay your bills in full and on time. It registers as responsible behavior with the three main credit bureaus.

Make Money with Credit Cards

Now you know how to make money with credit cards. Make sure you choose one that suits your spending needs.

And if you’re looking to make money? Make sure you can repay the bills. You don’t want to get deep into debt just to earn points.

Not sure which card to pick? Check out our credit card reviews. You can make your choice based on how you plan to use your new card.