Comments on: American Express to Allow Cardmembers Pay Mortgage with Their Cards

By: CardIt: Too Much for Paying My Mortgage with Credit Cards

CardIt: Too Much for Paying My Mortgage with Credit Cards — Thu, 13 Nov 2008 18:41:38 +0000

[...] a year ago, American Express announced that it will let members make mortgage payments with AMEX cards. The news generated quite some buzz as it marked the first time that a major card issuer allows [...]

By: roulette system

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By: CardIt: Too Much for Paying My Mortgage with Credit Cards | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing

Wed, 14 Nov 2007 16:00:59 +0000

[...] a year ago, American Express announced that it will let members to make mortgage payments with AMEX cards. The news generated quite some buzz as it marked the first time that a major card issuer allows [...]

By: KMull

KMull — Tue, 29 May 2007 13:38:07 +0000

I’d be all over that. I know some places let you charge your rent as well. Talk about racking up cash back!

By: Weekend Personal Finance Review

Weekend Personal Finance Review — Sat, 26 May 2007 18:55:57 +0000

[...] Financial Diary notes that a mortgage company is taking American Express cards now. I would have loved to have paid my mortgage with my credit card. Even if it costs nearly $400, [...]

By: Poll: Will You Use Credit Card to Pay Mortgage? | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing

Fri, 25 May 2007 15:39:23 +0000

[...] American Express to Allow Cardmembers Pay Mortgage with Their Cards (7 views) [...]

By: db

db — Fri, 25 May 2007 05:05:42 +0000

I’m with moneymonk on this — it sounds like a dangerous plan. One tight month and the next thing you know you’re paying interest on your mortgage to your credit card company.

Besides, I have to wonder how they must be jacking up regular rates to float all these rebate-type credit cards.

By: NotAPoorRevolver

NotAPoorRevolver — Fri, 25 May 2007 03:33:47 +0000

Moneymonk you must be crazy. Some people don’t carry a balance on their cards. In fact, the majority of AmEx customers don’t. Some people can afford to pay off all of the things that the charge every month, and for those who don’t…they should cut back their lifestyle….that simple.

By: Moneymonk

Moneymonk — Thu, 24 May 2007 20:30:37 +0000

America has lost its mind. Why would you risk paying something you finance on credit ( a house) to finance it on another credit ( a credit card ) ? plus with the $395.00 fee. It is not worth the rewards. The cc company wins all the time.

By: credit card compare

credit card compare — Thu, 24 May 2007 05:56:05 +0000

Paying mortgage with a credit card and earning rewards at the same time? It's just cool and I hope it will work out. American Express have always been innovators in credit card industry and they keep on pleasing their customers. the only thing I'm suspecious about is the one-time fee. Is it really necessary to be imposed? Who will win from it in the most?