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This may account for the many online sites explaining how to start your own prepaid credit card business. Most make it sound quite easy. The reality, however, is somewhat different. It's difficult to start selling prepaid cards if you don't already have an established online or brick-and-mortar business.
In addition, you're really not starting your own prepaid credit card company; you're becoming a sales affiliate of another company's prepaid credit card business. Here's how you can become a credit card affiliate.
Becoming a Prepaid Credit Card Affiliate The 10 largest credit card companies command 90 percent of the credit card market. None of them offer plans that allow a small business to become a primary distributor of prepaid credit cards.
However, several companies do offer affiliate programs. An affiliate program is similar to a sales commission program. You sign up for the credit card affiliate program of a large company, such as Amazon or Green Dot, or a smaller company like CreditCardBroker.
In all cases, you're agreeing to make prepaid credit cards from that company available at your store or — more likely — from your website. Contrary to some unsupported online claims, you can't just decide to become a prepaid credit card seller unless you already have a store or website to sell through.
Even then, not every business owner is approved as a prepaid credit card affiliate. As explained on the CreditCardBroker.
If you're simply serving as a link farm and your website has no strong identity of its own, you'll likely be turned down. Signing Up for the Bankrate Credit Card Affiliate Program Bankrate, a reputable online publisher and distributor of personal finance content, offers a credit card affiliate program that typifies the genre.
To get started with Bankrate's affiliate program, go to the company's website at http: Terms and Requirements Bankrate's terms and requirements for becoming an affiliate are similar to those offered by other companies with credit card affiliate programs.
An essential requirement for all these companies is that you have a contextually relevant website with a U. In Bankrate's case, contextual relevance includes sites dealing with personal finance, real estate, savings and CDs, as well as mortgages, mortgage refinancing, home equity or anything else directly related to consumer finance.
Bankrate offers two ways you can make money with its program. You can earn display revenue, which is generated by ad impressions on pages referred to Bankrate.
You can also earn additional performance-based revenue. If, for example, a viewer clicks on one of the ads, you receive revenue from the click alone, even if they do nothing more.
Bankrate offers affiliates 40 percent of all revenue generated by your website. For more information on Bankrate's program, go to the company's affiliate center FAQ.Learn about the Alaska Airlines Visa® Business Credit Card from Bank of America.
Earn mileage and other rewards from your Alaska Airlines credit card. $25 per card (Business Level Earning Plan) (for example, by phone, email and direct mail) that's customized to meet specific interests you may have.
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