Do You Earn Rewards Paying Freelancers?
How freelance platforms code
Freelance marketplaces process payments under a business-services or computer-services category code, outside the usual personal bonus buckets, so a personal card earns the base rate. Direct payments to an individual through a peer-to-peer app usually earn nothing at all, unlike a platform charge to your card. The framework is in merchant category codes explained.
Business cards for contractor spending
If you hire freelancers for a business, a business card that rewards general business or online spending can beat a flat personal card, and it keeps contractor costs clean for bookkeeping. Large project payments can also help meet a welcome-bonus spending requirement quickly, similar to online advertising.
The best card for freelancers
For occasional personal projects, a strong flat-rate card earns the most; for regular business use, a business-spending card does better. Run your spending through the rewards calculator to compare, and see the flat options in best cash back cards.
Frequently asked questions
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