Paying Mortgage while earning Miles
Aug 19, 2003 | 8:33 pm
#1
Original Poster
Join Date: Aug 2003
Location: The Colony, TX
Posts: 3
Paying Mortgage while earning Miles
Hello, is there any way I can pay mortgage with my Citibank AAdvantage Card or Starwood AMEX?
My mortgage lender (a bank) does not accept Credit Card payment, only cash or check or monthly automatic payment drawn from Checking acct only. I don't want to do cash advance since I end up paying fees.
I heard there is possible way: using EFT. Do most mortgage lenders take EFT? And does CC company (such as Amex) issue EFT?
Thanks!
My mortgage lender (a bank) does not accept Credit Card payment, only cash or check or monthly automatic payment drawn from Checking acct only. I don't want to do cash advance since I end up paying fees.
I heard there is possible way: using EFT. Do most mortgage lenders take EFT? And does CC company (such as Amex) issue EFT?
Thanks!
Aug 20, 2003 | 6:22 am
#2
Join Date: Jul 1999
Location: Land of 10,000 Upgrades
Posts: 9,459
Aug 20, 2003 | 2:45 pm
#3
Join Date: Aug 2003
Location: Long Island, NY AA-Plat, HH-Gold, SPG-Gold
Posts: 132
We've all gotten pretty creative with moving money around - here's a simple mortgage move:
1) Homeowner's Insurance - Many carriers will take CC payments. Sometimes you need to make first installment by check, but then can pay w/ CC.
2) Property Taxes - I don't know how widespread this is, but at least in NYC you can pay property tax online w/CC and no extra fees! It's worth checking.
You can usually notify the mortgage company in advance so your escrow withholding will be reduced.
1) Homeowner's Insurance - Many carriers will take CC payments. Sometimes you need to make first installment by check, but then can pay w/ CC.
2) Property Taxes - I don't know how widespread this is, but at least in NYC you can pay property tax online w/CC and no extra fees! It's worth checking.
You can usually notify the mortgage company in advance so your escrow withholding will be reduced.
Aug 20, 2003 | 7:11 pm
#5
Original Poster
Join Date: Aug 2003
Location: The Colony, TX
Posts: 3
This is what I just found on c2it site, looks like they have disables transfer money from CC to c2it acct:
From which accounts can I Transfer Cash?
You may Transfer Cash from your c2it Account. You may not directly Transfer Cash from your linked credit card account, debit card account or bank account. If you'd like to move money between your linked accounts, first Add Cash to your c2it Account from one of your linked bank accounts and then Transfer Cash from your c2it Account into one of the linked accounts.
From which accounts can I Transfer Cash?
You may Transfer Cash from your c2it Account. You may not directly Transfer Cash from your linked credit card account, debit card account or bank account. If you'd like to move money between your linked accounts, first Add Cash to your c2it Account from one of your linked bank accounts and then Transfer Cash from your c2it Account into one of the linked accounts.
Aug 20, 2003 | 8:43 pm
#6
Suspended
Join Date: Jul 2002
Location: Los Angeles, CA
Programs: United Premier, American Airlines
Posts: 896
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by jeffwebz:
This is what I just found on c2it site, looks like they have disables transfer money from CC to c2it acct:
From which accounts can I Transfer Cash?
You may Transfer Cash from your c2it Account. You may not directly Transfer Cash from your linked credit card account, debit card account or bank account. If you'd like to move money between your linked accounts, first Add Cash to your c2it Account from one of your linked bank accounts and then Transfer Cash from your c2it Account into one of the linked accounts.
</font>
This is what I just found on c2it site, looks like they have disables transfer money from CC to c2it acct:
From which accounts can I Transfer Cash?
You may Transfer Cash from your c2it Account. You may not directly Transfer Cash from your linked credit card account, debit card account or bank account. If you'd like to move money between your linked accounts, first Add Cash to your c2it Account from one of your linked bank accounts and then Transfer Cash from your c2it Account into one of the linked accounts.
</font>
Aug 23, 2003 | 9:14 am
#9
Join Date: Jul 2003
Location: San Diego
Posts: 144
Reading from earlier post, I have a Q.
Can I get Citibank / AAdvantage Debit card to get AA miles, by open a checking with Citibank.
Then I'll use it to buy money order from Alberson/Post Office, to pay my mortgage, etc..
The earlier threads said they can do the same for BofA check card.
But Citibank has a little text "Signature-based transactions"
What is it??
Tks
John
Can I get Citibank / AAdvantage Debit card to get AA miles, by open a checking with Citibank.
Then I'll use it to buy money order from Alberson/Post Office, to pay my mortgage, etc..
The earlier threads said they can do the same for BofA check card.
But Citibank has a little text "Signature-based transactions"
What is it??
Tks
John
Aug 25, 2003 | 2:22 pm
#10
Join Date: Jun 2003
Location: San Francisco, CA
Posts: 17
I would also like to know if the Citibank debit card can be used at post offices and Supermarkets for money orders (to pay mortgage). The Citibank website indicates that the card member must press "credit" in order to receive the miles.
Anyone had any experience in this matter?
Anyone had any experience in this matter?
Aug 26, 2003 | 8:33 am
#11
Join Date: Nov 2002
Posts: 920
Albertson doesnt take debit. And you only earn miles on signed purchses which are looked at as credit purchases. PIN based transactions do not earn miles. So anytime you have to use your PIN, you cant earn miles. Post Office doesnt earn miles for MO's either.
Aug 27, 2003 | 3:03 pm
#12
Join Date: May 2003
Location: RDU
Programs: TSA/INS/FBI Platinum (stopped last 12 of 13 int'l returns - the computer broke once)
Posts: 2,653
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Julie the Newbie:
I suppose cashier's checks are the same? (No credit card purchases?)
Julie</font>
I suppose cashier's checks are the same? (No credit card purchases?)
Julie</font>
Aug 28, 2003 | 5:28 pm
#13
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,949
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Ken in Phx:
Albertson doesnt take debit.</font>
Albertson doesnt take debit.</font>
Aug 28, 2003 | 10:22 pm
#14
Join Date: Oct 2002
Location: Arizona
Programs: *wood Gold, Marriott Gold, DL Silver, Hilton Silver, F9 Ascent
Posts: 2,419
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Alcibiades:
All the ones near me do. But its a PIN transaction to get the Money Order, so no miles and no need to bother.
Originally posted by Ken in Phx:
Albertson doesnt take debit.</font>
Albertson doesnt take debit.</font>