[QUOTE]Originally posted by raffy:
Once you have established your c2it account, you need to register your Citibank issued MasterCard or Visa and begin transferring funds from the credit card to the c2it account. Since c2it, also a Citibank product, processes these transactions as a sale, as opposed to a cash advance, there are no fees to pay, but one earns miles for the transactions. Once the funds are in your c2it account, you then transfer the funds into your checking account, write a check to your mortgage lender from your checking account where your credit card funds have been transferring into and that’s how you pay your mortgage with a credit card and earn points.

Thanks Raffy. Went to c2it.com under "fees, limits and transaction timeframes" for more particulars. Apparently once linked one can transfer up to $2,000 every 5 days from one's credit card to a linked checking account. According to Citicorp the transfer from your M/C or Visa is NOT considered a cash advance but rather a "purchase." The amount of funds permitted as transfers is only limited by one's credit limit. But a word of warning. Transfers or sending of cash to accounts OTHER THAN the one[s] linked incur a 2% transaction fee [assessed by c2it versus your credit card].

I am going to try out your program and thanks for the heads up; I actually find it TO BE a potential big deal and pretty ingenious since some of us have more than one mortgage!