The best way to understand selling tradelines is to walk through the process. By the end of these 7 steps, you will know how your credit cards can add $1,000 or more per month to your pocket for an hour or so of your time.
Step 1: You need a clean credit card account history. Meaning, no delinquencies on your account in the last year or so. A balance of less than 30%. Your credit score doesn’t matter as it only pertains to your individual accounts.
Step 2: Once you sign up, you choose which credit cards you wish to sell tradelines on. We will tell you what they pay for each tradeline per card. You should try to get your credit limit raised on all your cards to increase the potential income from each tradeline sold.
Step 3: Your tradelines are listed on our marketplace.
Step 4: THIS IS THE MOST IMPORTANT STEP. You will get an email explaining that you sold a tradeline(s). You have 24 hours from when we send you an email to add the individual to your account. Missing, even once, may result in your account not being sold again.
The credit card company will send YOU the new users card for the new AU. You don’t have to activate the card. Just hold on to it until we ask you to remove the AU. After that, just cut it up and toss it in the trash. Some companies like Barclays allow you to not have a card sent at all ;)
Step 5: We will send you an email the following month around the 20th, informing you of your monthly payout and direct you to remove the authorized user(s) from your account before adding more.
PRO TIP: Keep an Excel spreadsheet listing all AUs, when you added them, which card added to, when the AU is removed and when you get paid. Recordkeeping is important! You need to know what you have and where.
Step 7: Collect payment & Repeat