You can fetch a better rate by lending bitcoins on this forum. People get a rate as high as 3%-7% per week which is better and you can lend people with a good reputation to ensure the borrower is trustworthy.
I also buy/sell altcoins with my btc and earn a good profit. I bought ETH when the price was 0.03 and now the price reached 0.06. It's much better than lending money.
Just as he said, you can earn more from lending bitcoins through forum members and the most common rate is 10% interest for a week or maybe less depending on the trustworthiness of him since you know that he surely will pay. Just remember to ask a collateral but due to your low rank, the collateral should be held by a third party escrow until you make a good reputation or a high rank.
Are there any other ways of making income with ur btc?
There are a lot of ways of to make some income with your btc such as investments, trading, gambling, buy and sell, etc,. But I highly recommend that you do Trading if you have almost 0.5-1Btc or higher because it would be easy to you to earn with that amount.