Quick Answer: Why Can’t You Pay Your Mortgage With A Credit Card?

Asked By: Jackson Price Date: created: Dec 08 2021

Why can’t I pay my mortgage with a credit card

Answered By: Hugh Jenkins Date: created: Dec 11 2021

Your mortgage lender will not accept a credit card to pay your mortgage. It knows that doing so would mean letting customers trade one form of debt—a relatively low-interest and sometimes tax-deductible form—for another that has relatively high interest and is not tax deductible.

Asked By: Richard Robinson Date: created: Mar 01 2021

How can I pay my mortgage without a credit card fee

Answered By: Jose Miller Date: created: Mar 03 2021

There is no publicly available, fee-free way to pay your rent or mortgage with a credit card. Due to bank interchange fees, accepting credit cards without a surcharge would mean most landlords and banks would lose 2-3% of the mortgage payment or rent due each month.

Asked By: Ethan Price Date: created: Aug 04 2021

Can I pay my M&T mortgage with a credit card

Answered By: Philip Sanchez Date: created: Aug 07 2021

Pay your M&T Mortgage bill using your credit card through Plastiq. Optimize cash flow and earn card rewards by paying M&T Mortgage with your credit card. All done simply and securely.

Asked By: Philip Lee Date: created: Aug 25 2021

What bills can be paid with a credit card

Answered By: Malcolm Brooks Date: created: Aug 27 2021

Let’s look at which types of bills make the most sense to pay by credit card.

  • Mortgage.
  • Rent.
  • Car payment.
  • Car and home insurance.
  • Health insurance.
  • Taxes.
  • Utilities, cellphone, internet, cable.
  • Subscription services.

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