{"id":81495,"date":"2022-07-09T15:00:08","date_gmt":"2022-07-09T15:00:08","guid":{"rendered":"https:\/\/awardwallet.com\/blog\/?p=81495"},"modified":"2026-04-08T13:43:46","modified_gmt":"2026-04-08T13:43:46","slug":"earn-rewards-with-amazon","status":"publish","type":"post","link":"https:\/\/awardwallet.com\/shopping\/earn-rewards-with-amazon\/","title":{"rendered":"How to Earn Points and Miles by Selling on Amazon"},"content":{"rendered":"

Small business cards are a huge potential source of rewards. They offer lucrative signup bonuses and valuable bonus categories you won\u2019t find with consumer cards. But many points and miles enthusiasts stick to personal cards because they aren\u2019t sure where to start\u2014or how to qualify for a small business card<\/a>.<\/p>\n

In today\u2019s post, our friend Cassondra Barney covers the basics of starting an Amazon business. If you\u2019re excited to get started, check out her YouTube channel ProfitGuru<\/a> for tons of additional resources.<\/p>\n

\"Delivery-vans-in-loading-lot-area-300x109\"<\/p>\n

Buying products to resell on Amazon can make it really easy to reach the required spending amounts to earn bonus points and welcome offers on credit cards.<\/p>\n

By leveraging Fulfillment by Amazon to sell products you\u2019ve purchased elsewhere, you can earn rewards points and make enough to pay off the balance accrued on your card each month. Better known as reselling, this is a relatively easy-to-implement strategy to earn credit card rewards. Plus, you can potentially spin a tidy profit.<\/p>\n

How Amazon FBA Works<\/span><\/h2>\n

One of the most popular methods for reselling on Amazon is a retail arbitrage model. Essentially, you purchase products from stores like Target and Walmart to resell on Amazon and take advantage of the price differences.<\/p>\n

For example, you buy shampoo from Target that is on sale for $3 that might be selling for $11 on Amazon. You buy the products, list them in your Amazon account, and send them to the Amazon warehouse. Then, you'll make a small profit off of the price difference when the product sells.<\/p>\n

Reselling is Considered a Small Business<\/span><\/h2>\n

One of the benefits of retail arbitrage is that it can be deemed a small business, allowing you to separate the expense of purchasing and shipping your products from your personal spending. That opens up the opportunity to apply for business rewards cards in addition to personal cards, almost doubling the playing field for points and miles fans.<\/p>\n

In addition to the extra rewards that you earn with this strategy, putting all these expenses on a small business card can make things much easier come tax time, as all your business expenses are easy to reconcile and ready for your accountant.<\/p>\n

It also allows you the flexibility to purchase more products if you encounter an excellent deal. Just remember that credit card interest rates are extremely high. Make sure you\u2019ve acquired enough experience in your Amazon business to feel confident that you can recoup your expenses before your credit card statement is due. Until then, it\u2019s best to scale up slowly, using the capital you have on hand.<\/p>\n

Leverage Amazon Reselling to Earn a Welcome Bonus<\/span><\/h2>\n

A lot of people like to take advantage of welcome offers and bonuses that banks offer as incentives to sign up for a new credit card. When accounted for as a portion of your overall rewards earned on a card, a high-value welcome bonus can make up the majority of the points earned.<\/p>\n

However, it can be hard to reach the spending amount required for the most lucrative small-business welcome offers. Selling arbitrage on Amazon can give you extra spending power to put them within reach.<\/p>\n

You can buy products to resell and hit the requirements to earn the welcome bonus. Then, sell those products for a small profit and use the revenue to pay off the balance on your card each month.<\/p>\n

Card Application Strategy for Amazon FBA Reselling<\/span><\/h2>\n

It could be tempting to apply for store cards like the Target REDcard\u2122 Credit Card<\/b> or Amazon Business Prime American Express Card to get a high cashback rate at specific retailers with this strategy. However, the best long-term results will come from putting together a core set of quality business rewards cards within a single program.<\/p>\n

One option: Chase Ultimate Rewards. Chase currently offers a three-card suite of Ultimate Rewards earning small-business cards. Each card offers an outstanding signup bonus, standout earning rates, and a range of travel and purchase protection benefits that can help when the unexpected happens.<\/p>\n

\n
\n
\n
Ink Business Preferred\u00ae<\/sup> Credit Card<\/div>\n
\"Ink<\/div>\n
Apply Now<\/a><\/div>\n
Rates & Fees<\/a><\/span><\/div>\n
Welcome Offer<\/strong>\r\nEarn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.<\/div>\n <\/div>\n
\n Ink Business Preferred\u00ae<\/sup> Credit Card<\/strong>\n
Welcome Offer<\/strong>\r\nEarn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.<\/div>\n
Annual Fee:<\/strong>$95<\/b><\/div>\n
Show more<\/a>Why We Like It<\/a>Highlights<\/a>Earning Rates<\/a>
The most valuable Ultimate Rewards signup bonus on offer and our top pick for small business rewards cards. Business owners earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. Plus, earn up to 450,000 points per year on a wide range of 3X bonus categories.<\/div>
\n\n\n