Pay Mortgage With Credit Card No Fee
The best way around this fee is the referral program.
Pay mortgage with credit card no fee. Pay mortgage with a credit card use your rewards credit card to pay your mortgage or other legitimate bills like your rent health insurance car payment etc pay it off you don t want to cut into your rewards earnings by paying interest. You may be able to earn rewards by paying your mortgage with your credit card. Essentially you are saving 25 with each person you. The citi double cash card is an aptly named no annual fee credit card that offers 1 percent cash back on all purchases and an additional 1 percent cash back when you pay for your purchases.
There you have it. So pay your credit card bill in full at least once a month. You pay plastiq a fee equaling 2 85 of your mortgage payment every time you use your credit card. Not to mention the transaction fees and credit card annual fees.
Due to bank interchange fees accepting credit cards without a surcharge would mean most landlords and banks would lose 2 3 of the mortgage payment or rent due each month. We make it possible for people to use a credit card for virtually any expense even ones like mortgage and payments which normally require a check. If your monthly mortgage payment is 1 000 a month it equates to just 12 000 points or miles annually. You re not actually paying your mortgage with a credit card rather.
Plastiq is bill pay with benefits. There is no publicly available fee free way to pay your rent or mortgage with a credit card. I did make a big claim in the title of how to not pay a fee when using a credit card to pay your mortgage. If you used your card to pay your 1 000 mortgage for two months you d pay 50 in fees 2 5 x 2 000.
If you are determined to use a credit card to make a mortgage payment but your credit card company s fees are too high to make it money smart you can turn to a third party servicer that will. Plastiq then delivers an electronic payment if the lender accepts it or it cuts the mortgage. Even with that being the case it can still make sense to utilize the tools that are available and query your own bank or. For each person you refer to plastiq you get 1000 in fee free payments.
Plastiq does charge a 2 5 fee when using a credit card. Since this card s annual fee is waived for the first year that s the only fee you d pay. For example if you were earning 1 5 rewards on the transaction you d earn 15 by paying a 1 000 mortgage but the card processing fee could up to 30.