princesakura

I've been trying to pay my mortgage with a credit card for a while, but haven't found a good solution yet. Preferably a method entirely online since I'll be moving overseas in a few months. Also, the monthly payment is $7500, over the monthly limits of some methods.
Here are the methods I've considered and why I think they don't suit me.
Evolve: My lender can be paid through Evolve, but Evolve can only pay a payee once per month to a limit of $2999.
Chargesmart: Doesn't accept the mortgage account number even though the lender is listed.
Redbird: Sounds like the best solution, if my lender is registered so isn't subject to the $5000 monthly pay limit. But, I prefer a purely online solution.
MO: Prefer online solution.
Serve: After this month only $1500 of debit card MS is possible on my Softserve.
Any advice from the pros would be greatly appreciated; I only got into MS a few months ago.

indelible

redbird- billpay checks to your lender. Try using similar names to bypass the $5k limit. like Citibank and Citibank mortgage or chase and chase bank.

xSTRIKEx6864

You could billpay $5000 from RedCard/month and then Evolve for the remaining $2500?

Stoughton

You've got a mortgage for over $1.5m and you're coming here for financial advice?

nistah

LMAO, maybe he/she got rich from all their MS activity

Wross1

Seriously. Does NetJets even have a miles program?

But maybe it's a weird one like a 5 or 10 year?

ibleed0range

How do you load redcard from oversea??

jonnydoe1234

"Evolve can only pay a payee once per month to a limit of $2999"

Wrong. Each payment can be $2999 (max per day), but you are allowed $10K/month in the aggregate.

Alcibiades

EvolveMoney

Mamibear

MoneyGram online billpay

$2500 Chase mortgage 2-3 days has 9.99 fee

fees vary per biller depending on amount.

rtraveler

your mortgage payment is $7,500? Holy crap, that's big. You must live in a mansion. How much of that payment is interest?

PtsJunkieWI

Under the new paradigm, you choose a delivery date...
if I make a payment today for, say $2500, and schedule it for next Tuesday...
and then come back tomorrow and schedule a payment for $1000 and also schedule it for next Tuesday
Does that work? Avoiding the $2999 daily max, but sort of consolidating payment to the payee?

I'd like my mortgage payments to arrive on the same date, to avoid confusion.

(I've been sending in money orders each month, because I thought ST didn't post miles for Evolve. But I'd love to make Evolve my friend again.)

miadeals

I don't know about all that...down here in miami beach, a $300k loan will run you about $2700 PITI (assuming you have an escrow account, etc.) right now. So we're lookin at about $850k...which is about a 3br condo in a good building, or a 2br in a very good (but not top end) building.

Plus association fees.

More impressive is a $250k+ yearly income, putting them squarely in the top 2-3% of households, with at least $85k in disposable income...still want those free miles!

roki

My business markets to people with $400K+, and there are over 17,000 households within a 10 mile radius of our three locations (according to our super expensive marketing data).

miadeals

Then you are set up near a lot of 1%ers.

There are 320 mil here, so the top 1% (around $400k) has 3.2 mil people here in the US. Going to be concentrated near cities...not that many big cities...17k doesn't seem unreasonable if you're picking the right spots. (We're down to "indianapolis" if we get all the way down to #12 in cities, or "detroit" at #14 in MSA's...)

I know households with 250k+ income...I'm just saying I know hundreds and hundreds more households that don't. It isn't *that* common here, even in miami. Like, 3 in a 100...or "3%." Or 1 in a 100 for those half millionaires. Maybe a little higher in just miami...but still...