If awarding players money or magical items seems stale to you, there are many other options available.
Assignment Of Letter Of Debts
Owning another’s debt by transfer is profitable. It is up to you when to collect, foreclose, refinance, or forgive the debt, and what interest rate to charge.
Captaincy
Not confined to military commanders and ship masters, this is a designation where the monarch puts you in charge or a royal castle, gate, tower, frontier, river crossing, or the like. It is a paid position, with room and board, plus a retinue of soldiers and servants.
Celebrated
you have achieved immortality in a popular song, poem, treatise, or book.
City Key
This is a significant honor, granting you access to the city gate even after curfew.
Divine Boon
A divine blessing has elevated your status among the faithful, and perhaps even brought quasi-magic-like benefits.
Ecclesiastical Living
Each parish is a “living,” and the one who holds it is its rector. One may hold multiple livings, hiring paid pasters to handle the day-to-day administration and pastor care of the laity. This is profitable, and while the rector is most often a priest, sometimes they are owned by laymen.
Grand Serjeanty
Equivalent to a knight’s fee, but without the military scutage requirements, the monarch grants a serjeant land and a manor in exchange for a specific, usually symbolic duty (provide three cups on holiday, lift the crown at coronation, etc.).
Legitimized
If you are a bastard, a monarch has the power to legitimize you as a reward for services rendered.
Locational Income—You are granted the income derived from an industrial place, such as a dockyard, gate, bridge, grange, or any other money generating place.
Magical Boon
a powerful magical entity or wizard granted you a permanent but minor magical ability, speciality, or defense (resistance or immunity).
Monopoly
You are granted a licensed monopoly by the royal charter, a powerful guild, merchant house, or the church. It provides the comprehensive means to produce and control of goods, labor, and sales for an industry. Monopolies are super lucrative.
New Familiar
Many types of amazing familiars exist. See “Magical Familiars” under “Magic.”
Pardon
If you are wanted for crimes, or exiled, you may receive a pardon, which will expunge the original ruling.
Patron
You gain the patronage of a rich or influential patron who will underwrite your ventures and pay all your expenses.
Petty Serjeanty
A noble grants you land and a house in exchange for a specific duty. The nature of this service varies, but it is a paid position with only limited time requirements. This is the social equivalent of a wealthy farmer.
Property Deed
This grants you the deed to a small property, such as a glade, or field, or village. You may simply collect rents, pasture your animals, or develop it as you wish. You must pay the normal taxes.
Qualified Legal Immunity
Bestowed by the church or the monarch, you gain legal immunity. It may be to specific laws, or in specific countries, but it may range even up to full legal immunity.
Royal Annuity
In recognition of your royal service, the monarch grants you a yearly annuity for life, along with pre-arranged yearly gifts such as sets of clothes, a home, custom boots every year, etc.
Shares
You receive shares in a ship, caravan, mine, or noteworthy expedition. The share’s value depends on the number of shares existing and the venture’s net income.
Special Access
Kings, nobles, bishops and other elites are difficult to gain admittance to. Special access to the king, for example, means you can see him any time you wish, permitting you potential power and influence.
Special Accomodations
You are granted the right or lease to live someplace like above a city gate, in a clock tower, in a castle's tower, and so forth.
Special Perquisites
You receive a special right, such as to wear your hat in the monarch’s presence, or enter a noble’s presence while armed.
Tax Abatement Or Exclusion
You are now exempt from one or all types of taxation, usually on a onetime basis, but potentially ongoing.
Title, Position, Or Hereditary Honor
You are granted an honor that is new, existing, or in abeyance, such as Gentleman of the Cannons, or Esquire of the Gate, a royal advisor post, or some such. This position comes with a badge or chain, is inheritable for your descendants, and garners much notoriety.
Toll Exclusion
You are granted an exemption from tolls, fees, or amercements. Or, perhaps your ship or fleet is free of all the tolls, fees, and tariffs that would otherwise apply.
Valuable Favor
A powerful person, city, or organization is now in your debt, and you may call upon that favor in your hour of need. Once collected, the favor is gone.
Valuable Information
If you have been searching for a rare map, an alchemical key, or anything else for a long time, it may be awarded it to you (within reason).
Valuable Letter Of Introduction
A letter of recommendation or introduction may open doors formerly closed to you, such as entry into a guild, or the chance to meet someone that you’ve never had access to before.
Wardship
This grants you authority over an inheritor-in-minority, female inheritance, widows, or mentally incapacitated person and their real property. The wardship, and thus all the real-estates profits and decisions, are under your control. The holder may decide who the woman marries, the widow remarries, and allows you to sell off wardship property, etc. Once the ward comes of age, or the woman is married, the wardship concludes.
I as a player really enjoyed it when our DM gave us property that we were then able to build up and shape into our own business. It was a really fun side quest to the main story line. These are great suggestions that could lead into some really fun story telling.
That's it! These can be activity prompts for players with imagination.