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Travel Discussion
Reply to "I read some people pay their mortgage and tuition with credit cards to get hotel points and air miles. How??"
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[quote=Anonymous][quote=Anonymous]It didn’t work for college for me. They charge fees for using a credit card. In my experience the fees are more than the points/cash back are worth. I tried to do it on a few car purchases. They let us charge only a small portion but it was something. I have no idea how this would work for a mortgage. I don’t think Wells Fargo accepts credit card payments. [/quote] It can work out but only if you are working on a big spend to meet the bonus requirement. The highest I once saw on a business platinum is spend $20K in three months to get 300,000 points. This can buy two roundtrip business class tickets, so the fee to use the card can be worth it. The rent payment do accept Bilt. I heard there is an option in the works to accept credit cards for mortgage payments but I don't think this is operational yet. [/quote]
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