The global payment industry is worth almost two trillion dollars and the credit card industry takes a 250-billion-dollar chunk. While the US has the biggest market for credit cards, the Indian credit card industry is set to catch up.
The Indian credit card industry is excepted to snowball from roughly $80 billion to $198 billion by 2024.
That’s a 115% increase in value
While the affiliate competition is high, you have the opportunity to make a lot of money riding a wave of growth that is only beginning to roll.
Credit card affiliate programs are super adaptable and offer massive potentials to target cross-niches such as “Best Credit Card for Travel” and “Best Credit Cards for Reward Points.”
There couldn’t be a better time to become a credit card affiliate. To help you capitalize on the advantage, here’s a hand-curated list of the best credit card affiliate marketing programs in the industry.
Ways to Make Money Affiliate Marketing Credit Cards
Credit Card affiliates get paid good money. Sometimes hundreds of dollars per lead. There different types of credit card affiliate programs that you can join to earn money fast.
In addition to marketing credit cards, you can upsell and cross-sell programs or products related to cryptocurrency, or market investing offers to millennials to make money.
You can also market credit repair products. They sell easy and are an excellent way of monetizing a blog.
Highest-Paying Credit Card Affiliate Programs in India
#1 State Bank of India (SBI)
The State Bank of India has a 200+ year history and is often touted to be one of the country’s safest banks.
It has over 24,000 branches and is one of the most accessible banks in India. SBI first launched credit cards in 1998, and now offers affiliates high commissions in exchange for signups.
You can join its affiliate program for free and get paid quickly; commissions are paid weekly.
| Campaign Type | Commission |
| Cost per action | ₹960 – ₹1200 (based on volume) |
| Cookie Duration | 45-60 Days |
#2 Citibank
Citibank began operations in India in 1902 and is one of the most well-known banks in the country.
The bank only has 48 branches in total, meaning it is not as accessible as SBI. Citigroup entered the credit card business in the late 1960s, and they now offer dozens of credit cards suited for different lifestyles globally.
To make a commission, you must have an account in Citibank and market its PremierMiles, IndianOil, Cash Back, or Rewards card.
The referral program pays exceptionally well, and the people you refer also get benefits like a ₹1000 cashback on signup.
| Referrals | Commission |
| Up to four referrals | ₹2000 each |
| Fifth referrals | ₹1,999 |
| Cookie Duration | 120 Days |
#3 Standard Chartered
Standard Chartered is the biggest international bank in India. It has over 100 branches spread across 43 cities and has been operating since 1858.
The bank offers commissions based on a cost per lead model, and their payout slabs are very sophisticated. If you perform well, you can get up to ₹500 per lead.
The quality of your leads has a significant role in how much you make with their program, and the marketing material that comes with the program helps in converting visitors into leads.
| AIP slabs | Commission |
| <10% | ₹120 per application |
| <14% | ₹176 per application |
| 15% – 19% | ₹240 per application |
| 20% – 24% | ₹320 per application |
| 25% and above | ₹400 per application |
| Cookie Duration | 30 Days |
#4 ICICI
ICICI is the country’s largest private sector bank; it holds assets worth ₹9,860.43 billion.
The bank also boasts an extensive network of 5,275 branches and over 15,000 ATMs across India.
While the bank has a good reputation and offers its affiliates a respectable set of marketing resources, their program does not pay as well.
However, marketing ICICI’s credit cards on the sidelines using display banners and such can still make you money.
| Campaign Type | Commission |
| Cost per lead | ₹128 base rate, increment up to ₹160 |
| Cookie Duration | 30 Days |
#5 Yes Bank
Yes Bank is a newer bank that first began operations in 2004. It offers a vast range of banking and financial products, including credit cards.
It offers a referral program that can fetch you high commissions. But you need a Yes Bank credit card to join the program.
Another drawback of the program is that the commissions are paid in the form of Amazon gift vouchers, meaning you won’t get direct access to your earnings.
| Campaign Type | Commission |
| Cost per lead | ₹1000 Amazon gift voucher |
| Undisclosed cookie duration |
#6 HDFC
HDFC is the largest bank in India, which is impressive considering that the bank opened for business only 25 years ago.
HDFC bank’s affiliate program is not a credit card affiliate program per se. But it does offer the biggest commissions on this list.
Convincing a visitor to get a home loan can be challenging, but a single conversion can fetch you a commission as large as ₹50,000.
There is one downside – joining the program requires you to be a loan customer of the bank.
| Campaign Type | Commission |
| Cost per lead | Gift voucher of 0.3% or ₹50,000, whichever is lower |
| Undisclosed cookie duration |
#7 Axis Bank
Axis Bank is another bank relatively new bank that has made it to the top in a short time.
Its affiliate program operates on a cost per lead model. You are paid for every lead you forward to the company.
Using text links, banners, coupons, ads, and popups to advertise credit cards is allowed. While that is a considerable advantage, the high commission rate is what makes it one of the best credit card affiliate programs in the industry.
| Campaign Type | Commission |
| Cost per lead | Up to 7% per lead |
| Cookie Duration | 30 Days |
#8 RBL Bank
Marketing the RBL Platinum Maxima credit card is both easy to do and lucrative. The program offers some of the best commissions out of all the Indian credit card affiliate programs.
All you need to do is redirect visitors to their landing page if the visitor fills the form and confirms their account via the OTP they receive, the lead is counted and credited.
The bank supplies affiliates with several offers and allows marketers to forward their marketing material to their email lists.
| Campaign Type | Commission |
| Cost per lead | ₹262.50 base rate, increment up to ₹315 |
| Cookie Duration | 30 Days |
Best-Paying Credit Card Affiliate Programs Globally
#1 TransUnion
TransUnion has a rich, 50-year history in the credit industry. The company has survived the move from traditional record-keeping to digital record-keeping and has grown to become one of the best-known credit reporting agencies around.
They offer affordable services that enable customers to monitor and protect their credit.
In addition to the opportunity of earning high commissions, you also get all the marketing material you need to convert visitors with ease.
| Product | Commission |
| All products | $20 flat |
| Cookie Duration | 45 Days |
#2 Discover
Marketing a well-known brand is a sure-shot way of making profits. Discover cards have been around since the mid-1980s, and the company happens to place among the top five credit card brands in the US.
Lower credit card rates, cashback rewards, and tiered performance increments are only some of the many perks that come with joining the Discover card affiliate program.
The excellent perks and fast payouts make the Discover credit card affiliate program a must-join.
| Card Type | Commission |
| Consumer card account | $40 flat |
| Student card account | $20 flat |
| Undisclosed cookie duration |
#3 American Express (Payment Gateway)
American Express is among the top three credit card companies that have become synonymous with credit card use over the years.
The company offers offline and online businesses with portals that enable them to accept payments. The portal works perfectly in over 120 countries and can process 30 different currencies.
Marketing the service should be a breeze regardless of what location you are in.
| Campaign Type | Commission |
| Cost per lead | Undisclosed |
| Undisclosed cookie duration |
#4 American Express Canada
The brand has been in business in Canada since 1853 and has an excellent reputation in the country.
The American Express affiliate program pays handsomely – you can earn CA$200 for every visitor you convert. The excellent marketing material they supply, coupled with their reputation, makes converting super easy.
The American Express credit card affiliate program is hosted on several portals which can be a little confusing, but this doesn’t make the program any less lucrative.
| Campaign Type | Commission |
| Cost per lead | Up to CA$200 |
| Cookie Duration | 7 days |
#5 Avianca LifeMiles Credit Card
If you have a travel blog, Avianca’s LifeMile credit card is the perfect card to market.
Users get a 0% APR for the first 12 months, and a variable APR is introduced later.
Getting the LifeMiles card also waives the foreign transaction fees, the company protects users against unauthorized charges.
These are only some of the several selling points that make the credit card affiliate program a must join.
| Campaign Type | Commission |
| Cost per lead | Up to $200 |
| Cookie Duration | 30 Days |
#6 BankAffiliates.com
BankAffiliates.com hosts some of the most lucrative credit card affiliate programs, including the Lexington Law and the Personal Capital affiliate programs.
In addition to hosting some of the best credit card affiliate programs, the website also offers lending, insurance, and retail banking services.
Monthly bonuses and contests are common on the platform, and their affiliate team is always ready to help resolve any issues.
| Campaign Type | Commission |
| Cost per lead | Varies by program |
| Varied cookie durations |
#7 Bankrate
The Bankrate affiliate network helps you market for all the top players in the credit card industry including Chase, CapitalOne, and Amex.
Bankrate affiliates get access to the best credit card offers, helping boost conversion rates.
Payouts are also high across programs, which makes the network a must-join.
| Campaign Type | Commission |
| Varies | Up to 45% revenue share |
| Varied cookie durations |
#8 Experian
Small businesses need good credit to survive and there’s no getting around it. Experian helps companies get the credit they need without much hassle.
To make commissions, you must market the premium credit reports they offer. These reports help assess a business’s financial health and pave the way for better credit scores and financial management.
The high commission rates make it one of the best credit card affiliate programs in the industry.
| Campaign Type | Commission |
| Cost per lead | Up to 20% revenue share |
| Cookie Duration | 30 Days |
#9 Credit Strong
Credit Strong also helps businesses and individuals improve their credit scores. The company offers several plans, and depending on the plan, their bank gives users a loan.
Savings account funds are locked; users only have to pay the service monthly to improve their credit score.
| Campaign Type | Commission |
| Cost per lead | Varies by product |
| Cookie Duration | 3 Months |
#10 Capital Bank
The popular OpenSky secured credit card is offered by Capital Bank. The card helps build credit without a credit check.
Cardholders also receive other benefits such as travel and car insurance which makes marketing the card a lot easier.
While the credit card affiliate program offers relatively lower commissions, since the credit card is of the secured kind, anyone can get one.
The bank also allows marketing the credit card by email, which can be an effective conversion strategy.
| Campaign Type | Commission |
| Cost per lead | $25 flat |
| Cookie Duration | 30 Days |
#11 CardRatings
CardRatings is a consumer resource website that posts credit card reviews and offers guides and tools to help improve visitors’ credit score.
Users can filter cards by parameters like credit scores, and find the perfect credit card for them.
The website makes its earnings from affiliate commissions and allows independent affiliates to get a share of the profits by joining their affiliate program.
| Campaign Type | Commission |
| Varies | Undisclosed |
| Varied cookie durations |
#12 CommissionSoup Network
While the CommissionSoup network is not as well-known as CJ affiliates or ShareASale, the network is a leading host of performance marketing programs.
CommissionSoup only hosts credit card affiliate programs and other finance-related affiliate programs.
The Amex Gold Card and the Milestone Mastercard are some typical examples of the types of cards you will market when you join the network.
| Campaign Type | Commission |
| Vary | Undisclosed |
| Varied cookie durations |
#13 Credit Assistance Network
The surging demand for credit improvement services makes it the perfect time to join the Credit Assistance Network.
In addition to aiding with credit repair, the network offers services that help with foreclosures, repossessions, liens, security clearances, and home loans.
The program offers excellent commissions, and the vast selection of marketing materials helps convert quickly.
| Campaign Type | Commission |
| Cost Per Action | $1.25 per lead |
| Cost Per Sale | $95 |
| Cookie Duration | 365 Days |
#14 FlexOffers
FlexOffers has become the go-to affiliate network for beginner and veteran affiliates globally. It hosts over 12,000 different affiliate programs, and 50 more are added daily.
The platform’s interface is easy to use, and it offers reliable tracking features that automatically keep tally of conversions and commissions.
The network has an exceptional lineup of credit card affiliate programs, credit repair affiliate programs, and credit reporting affiliate programs all of which pay well and sell easy.
| Campaign Type | Commission |
| Vary | Undisclosed |
| Varied cookie durations |
#15 CreditCardBroker.com
Like the Credit Assistance Network, CreditCardBroker.com also hosts programs in the credit card niche only. Becoming a credit card broker is as simple as making an account on their website.
The network will connect you to a slew of affiliate marketing programs spanning almost every facet of the credit card niche.
You can promote credit card offers, merchant accounts, credit reports, loans, and a lot more to get paid high commissions.
| Campaign Type | Commission |
| Varies | Undisclosed |
| Varied cookie durations |
#16 Indigo Platinum MasterCard
The easy signup and pre-qualification process and the fact that the Indigo Platinum MasterCard is designed to improve credit scores make it an easy sell.
While the cards have the industry-standard APR, the Indigo Platinum MasterCard offers attractive annual fees, which is another huge selling point.
Commission rates are towards the lower end, but their banners tend to drive high volumes of traffic, which makes up for the pitfall.
| Campaign Type | Commission |
| Cost per lead | $35 |
| Undisclosed cookie duration |
#17 Luxury Card
If you run a blog or have an email list that helps the wealthy better invest their money, the Luxury Card is the perfect credit card to market.
The premium card offers great cashback and is apt for travelers since air miles are redeemed at a rate of 2%. There are different versions of the card – including a 24-karat gold version.
Additional perks like the 24/7 concierge service make the card easy to sell, and the excellent commissions make marketing the card well worth the trouble.
| Campaign Type | Commission |
| Cost per lead | Up to $405 |
| Cookie Duration | 30 Days |
#18 Petal
Petals success and popularity isn’t surprising – they offer APRs as low as 12.99%, and charge no credit card fees whatsoever.
These are excellent selling points that have the potential to convert instantly.
Your visitors can get their hands on the credit card without a security deposit or existing credit score. The lack of over-limit fees, late fees, and foreign transaction fees make it even more of an enticing credit card.
Cashback of up to 1.5% is offered, making it the right option for those looking for their first credit card.
If you run a personal finance blog, you must make the most of this credit card affiliate program.
| Campaign Type | Commission |
| Cost per lead | Up to $36 |
| Undisclosed cookie duration |
#19 Scotiabank
Scotiabank is a public bank that has been in business for almost two centuries. It serves millions of customers from its branches in over 50 countries.
The bank offers many different credit cards that suit the lifestyles of different customers. Travel rewards cards, cashback cards, low APR cards, and student cards are some of their more popular offerings.
The excellent commissions and ease of marketing make the program perfect for beginner affiliate marketers.
| Campaign Type | Commission |
| Cost per lead | CA$99 |
| Cookie Duration | 30 days |
#20 Upgrade
The Upgrade credit card offers a credit line of up to $20,000 – but doesn’t come with the punishing interest rates than similar cards have.
In addition to lowering expenditure, the lower interest rates enable users to pay off their interests quicker.
The unique selling points and excellent commissions make the program worth joining.
| Campaign Type | Commission |
| Cost per lead | $60 flat |
| Cookie Duration | 30 Days |
#21 USAA
Since 1922, USAA has been providing financial services to both active and retired members of the US military.
There are many more reasons to like USAA’s credit cards, like the lack of annual fees and penalty APR.
Although commission rates are low, you get a chance to tap into a community of over 24 million personnel. With the right strategy, there is a lot of money to be made joining the program.
| Campaign Type | Commission |
| Cost per lead | $20 flat |
| 30-day cookie duration |
#22 Viabuy
The cards Viabuy offers are MasterCards and are meant for people with bad credit. The combination of the selling point and the pain point makes it easy to market.
While you will only make €25 per customer initially, your commission rate will increase to €50 per sale if you perform well.
To join the program, you must email the company with your details. They have their own affiliate dashboard, which is both reliable and convenient to use.
If you’re in the niche for the long run, this is one program you must join.
| Campaign Type | Commission |
| Cost per lead | €25/€50 |
| Undisclosed cookie duration |
You’re now acquainted with the best-paying credit card affiliate programs in India and around the world.
The competition is high in the niche, but coupling the right marketing strategy with high-paying programs will bring you five- and six-figure profits.
With this list handy, you are now one step closer to tapping into the trillion-dollar industry.
Keep reading the article at Blog – Blogging Cage. The article was originally written by Kulwant Nagi on 2020-07-25 05:18:26.
The article was hand-picked and curated for you by the Editorial Team of WP Archives.