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Miles with Mortgage ?
Is anyone paying there mortgage with there mileage card ?
I have tried to at Wa Mutual. They want to do a cash advance which adds a fee and I don't think you get mileage. Of course I wouldn't run the balance on the card. But with several loans I'd fly a lot quicker. Any advice ? |
A thread recently discussed this very subject. No is the answer basically.
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Get a mileage earning debit card. Buy money orders.
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money orders
Originally Posted by gleff
Get a mileage earning debit card. Buy money orders.
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The June issue of InsideFlyer magazine talks about the rise in mileage earning debit cards. Almost all programs now offer them (it's an electronic version of paying by check) and they do earn frequent flyer miles when purchasing money orders. American and Continental offer them earning one miles per dollar spent while most of the others are one mile per two dollars spent. With an average mortgage payment of $1,100, that's just over 500 miles per month for most people.
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credit vs debit
Originally Posted by Randy Petersen
The June issue of InsideFlyer magazine talks about the rise in mileage earning debit cards. Almost all programs now offer them (it's an electronic version of paying by check) and they do earn frequent flyer miles when purchasing money orders. American and Continental offer them earning one miles per dollar spent while most of the others are one mile per two dollars spent. With an average mortgage payment of $1,100, that's just over 500 miles per month for most people.
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Originally Posted by yyyccclll
Per conversation with Citibank CSR, I was told that you will earn miles only if you use the "credit" not "debit". Am I able to purchase the money orders by using "credit"??? Where can I buy money orders, post office??
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I have a few rentals and have been working uncle sam.
Would love to find a way to work the airlines as well.. |
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