Miles for Rent/Mortgage/Tuition? [Consolidated]
#287
Join Date: Feb 2013
Posts: 7
Rent payment via CC... with a fee. Best point card to use?
Here's an interesting dilemma: my landlord is about to offer rent payment via credit card, but the system will charge a $38 per transaction fee for paying with a CC instead of a check or bank deposit. Rent is just shy of $2500, so that works out to about 1.5 cents per point/mile or $380 for 25K points/miles over 10 months.
I can definitely get $380 of value out of 25K SPG points, but the new system is Visa/Mastercard only. I have the Priority Club Visa (for the free night, basically), but I don't think 25K PC points will get me $380 in value. So if I want to do this, I need a new non-Amex with higher per-dollar return.
Thoughts/similar situations?
I can definitely get $380 of value out of 25K SPG points, but the new system is Visa/Mastercard only. I have the Priority Club Visa (for the free night, basically), but I don't think 25K PC points will get me $380 in value. So if I want to do this, I need a new non-Amex with higher per-dollar return.
Thoughts/similar situations?
#292
Join Date: May 2008
Location: PHL (kinda, no airport is really close)
Programs: AA Exp, but not sure for how long. Enterprise Platinum woo-hoo!
Posts: 4,550
Second the multiple months idea. My rent is much lower, the transaction fee is $19.95, but I can pay up to $3000 per payment, so that's what I pay. 3000 points are always going to be worth at least $30, and of course I squeeze more value out than that.
#296
Join Date: Mar 2013
Location: NC
Programs: DL, AA, UA, HH
Posts: 20
advice 4 paying mortgage with credit card
hey y'all. my biggest monthly expense is my mortgage payment. I'd like to pay it via credit card to help rack up the miles, but my lending bank doesn't take credit card payments. does anyone know any creative ways around this? the payment is $1500. oodles of thanks!
#297
Join Date: Jan 2005
Location: Dallas, TX
Programs: AA, UA, DL, SPG gold, PC Plat, CC gold
Posts: 196
#300
Join Date: Mar 2013
Location: NC
Programs: DL, AA, UA, HH
Posts: 20
ok, so, after reading much, here's my plan. Tell me what's wrong with it, please. I'm going to open a bluebird account. After i have my bb card I'll buy $1500 worth of vanilla reloads each month with my miles-earning CC, and transfer this "vanilla money" from vanilla to bluebird. then I will authorize bluebird to send a check for $1500 to my mortgage holder each month. Yes??