4 Ways to Make Money in Elder Scrolls Online (2024)

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Last Updated: March 9, 2020

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   Do general quests. General quests, picked up from NPCs across Tamriel, will provide hard cash as a reward for completion. Some will be quick and easy (and worth little) and some will be long and involved (and the rewards usually greater).

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   Do guild quests. The guilds of previous games make a return, and it's back to business as usual. Complete quests to get rewards, including money.

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   Fight in the faction wars. Of course, the major point of the game is to play with other people. The main way this is done is in PvP, in the war between the factions that makes up the bulk of the story to the game. Participate in battles to gain not only experience, but also monetary rewards.

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   Be a completionist. When you do a quest, try to do everything. Take every side route and try to take the options that will lead to the most money. Sometimes quests can be cut off earlier if you make the wrong decisions in dialogues.

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   Kill every monster. It might be easier to run away from enemy beasts when traveling through the fields or exploring a dungeon, but you’re also missing a lot of loot that you could sell for gold. Destroy every beast and monster that comes in your way; some drop items that can be sold for a considerable price while others drop Gold itself when killed.

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   Go back to previous dungeons. After making some progress in the game, you may want to go back to previous levels or dungeons that you have completed. It will be much easier for you to explore it and allowing you to take whatever items you may have forgotten to pick or treasure boxes you’ve missed to open while you were focused on completing it the first time around.

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   Join groups. There are strong enemies that you simply cannot take down on your own, and these kinds of monsters are the ones that drop the rarest items. Team up with other players and explore deep dungeons to fight stronger monsters. Rare items sell for a lot of money, not only to NPC vendors, but especially to other players who have the cash to spend. You can join groups as early in the game as you can, so you can start early in making gold.

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   Join guilds. Guild members have the privilege to buy items from Guild Stores that offer merchandise not available to usual NPC vendors. You can take advantage of this by buying items from the Guild Store and selling it to players that aren’t a member of any.

   • Just like joining groups, you can join the guild even at the very beginning of the game, but some guilds may require a minimum character level to join. You may talk to any member of the guild you’re looking forward to join to ask if there’s a minimum level requirement.

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   Become a weaponsmith. One way to make money in the game is to take advantage of the game's professions system, where crafting skills can be honed into money-making opportunities.^[1] One such profession is a weaponsmith. In this profession, you make weapons of all types from found items and sell them. This can be very profitable.

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   Become an armorsmith. Like the weaponsmith, an armorsmith creates items to be sold. However, instead of weapons to be sold, an armorsmith makes armor (I bet you already figured that out, though). Both of these job tracks are especially helpful for Dragon Knights and other armor-reliant classes, as making your own armor and weapons can make you money by saving you money, in addition to the money you make from selling stuff you don't need.

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   Become an enchanter. Enchanters are those with the magical gift to bind spells to items. All sorts of items can be enchanted, from armor to jewelry. In the Elder Scrolls universe, enchanting works by trapping souls in gems, and then using those gems to power the spell on an item, so you'll need to be capable of killing higher level creatures if you want to enchant more powerful (and thus more expensive) items.

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   Become an alchemist. Alchemists make potions from ingredients they find or purchase. This may be one of the more profitable professions, once your skills are high, as alchemical ingredients are easily found and turned into potions.

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   Become a provisioner. A provisioner makes food and other supplies in the game, which have effects similar to potions. Food ingredients and wood, like alchemical ingredients, are fairly easy to find.

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   Fish. In true MMO fashion, you can go fishing in the game! Basic bait is easy to find, but the better the bait, the better the catch! Or, at least, certain types of bait attract certain types of fish.^[2]

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   Search everything. Whenever you go anywhere in the game, search all chests, baskets, sacks, and other containers and loot everything. Take it all. Be thorough in your searching and leave no path unexplored when you go through an area. This thoroughness is the main key to making lots of money in any RPG.

   • There literally are thousands of treasure boxes, vases, and jars all throughout the game map. Items are randomly placed inside, which means there’s a chance of getting rare items. Break open every treasure box you see inside buildings, caves, and dungeons and take any item you see inside.
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   Do quests. Doing quests will also get you loot which you will often sell. Many times the monetary reward for a quest will be minimal, but you will also get a nice item. You can of course keep the item, but it may make more sense to sell it. If you don't really need it, consider the item as loot and sell it off.

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   Explore the world. Exploring not only the cities but also the surrounding environments will give you a huge chunk of cash. This is accomplished by "looting" the environment, taking every available resource and alchemical ingredient and selling it later. You will also, of course, find many quests this way and other opportunities to make money.

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   Don't dismiss small items. Another major key to making a lot of money is to not be dismissive of small transactions. You will find lots of items in the game that are worth very little, but over time you can make a great deal of money by selling them all off.

   • It doesn’t matter whether it was dropped by a monster or thrown away by another player, when you see stuff lying around, pick it up and add it to your inventory. These items may be small in value but when sold collectively to a vendor, it can bring a pretty hefty price tag.

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   Make your looter character. Design your main character to kill, kill, kill. Have it loot and gather everything, but craft nothing except provisions. Have it take the two "Chef" skills to maximize its Provisioning output, which it sells for cash. Take only those skills that help your main character kill.

   • Have your main character carry all Provisioning ingredients, cook them at any cook fires found, and sell whatever the main character doesn't need.
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   Deposit items in the bank. Put everything in your bank that your main character gathers (not including items that they will use to craft into Provisions or needs to equip).

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   Create your crafting characters. Create additional characters specifically to craft: an alchemist/enchanter, enchanter/woodworker, woodworker/clothier, clothier/smith. Skip whichever crafts your killing character needs least (e.g., no smith for mages, no clothier for tanks).

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   Withdraw items from the bank. Have the crafting characters withdraw their relevant materials from the bank (reagents to alchemists, etc.), and store them in their own inventories, to keep the bank slots available.

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   Craft, craft, craft. Have the crafting characters research, disassemble, create, etc. all craft-appropriate items.

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   Distribute and disassemble items. Have the crafter of an item stick it in the bank, for another character of the same craft to withdraw and disassemble. You earn more inspiration points from disassembling someone else's products than you do from disassembling something you made yourself, so this is the best way to increase your skills in order to make higher quality items.

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   Sell items. Once you can make items of reasonable quality. Distribute them to your main character for that character to sell. You can also trade with other players for items that you need.

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