15 Passive Income Ideas to Build Wealth
2. Get Cash-Back Rewards
Depending on who one banks with, cash-back rewards are no longer the sole domain of certain credit cards. Consumers can now find banks that offer between one and five percent back on the money spent on the card that can be redeemed as either cash or credit back onto the card (if using the credit card option). Many consumers already find it attractive to use a credit card for many of their purchases, so by using a cash back card for purchases that one has to make just makes sense and is another form of making passive income to help one build wealth. For consumers who prefer to use their credit card rewards for travel, there are a number of offers for travel rewards credit cards that are available with a slightly different rewards scale than the cash back options.
