FlyerTalk Forums - View Single Post - Making mortgage payments with a CC for miles
Old Dec 22, 2008 | 8:29 am
  #16  
travellingcari
 
Join Date: Apr 2007
Location: Planet Earth
Programs: SPG, AA, B6. No longer "still CO to me" with account spent down. RIP CO.
Posts: 653
Originally Posted by sbm12
With what sort of fee? That's always the sticking point on this type of transaction. You get all these miles, but the fees make them cost more than just buying whatever you were going to use the miles for in many cases.

PS- Welcome to FlyerTalk!!
At NYU here in the US the fee was 3% but to a max of $100. Since I only did it to cover the float time between tuition due and loans posting, and never had to pay interest, it worked out fine for me. The $100 was well worth it because a) I didn't have that kind of cash and b) SPG points.
travellingcari is offline