Nowadays there are endless opportunities to earn miles and points. There is currently a way to earn points by paying your biggest monthly payment, your mortgage. Not many people are aware that you can earn airline miles toward your next vacation when paying your mortgage with a miles earning credit card.
But how is it possible to pay your mortgage with a credit card?
https://www.plastiq.com If you use the referral code 851825 , you will get $500 Fee-free dollars towards your mortgage or bills.
Plastiq is an online bill payment service that lets you pay almost all of your bills by credit card. Unlike a few similar services, Plastiq is not limited to billers in their database. Plastiq can be used to pay nearly any biller in the US. or Canada. Payees not in their database are paid by check.
Plastiq does charge a 2.5% fee when using a credit card. I did make a big claim in the title of how to not pay a fee when using a credit card to pay your mortgage. The best way around this fee is the referral program. For each person you refer to Plastiq, you get $1000 in fee-free payments. Essentially you are saving $25 with each person you sign up.
After a quick google search, I learned that the average US mortgage payment is $1,061. To keep numbers simple, let’s say the average American pays $1,000 a month for their mortgage. To pay an entire year of $12,000 in mortgage payments, one would have to refer 12 people. Between friends, family and co-workers,12 people is quite a small number.
How the referral program works:
– $500 in fee-free payments for new users after making $500 in cumulative payments
– $1,000 in fee-free payments for the person making the referral after the new user has made $500 in cumulative payments
– New user must make $500 in total payments before they earn the fee-free dollars (in other words, you will need to make $500 in payments with a 2.5% fee for credit cards or 1% for debit cards)
If you decide to sign up, please use my referral code 851825 and you can get $500 in fee-free dollars toward any of the other following options to use Plastiq:
– Car payments (monthly leases)
– Condo fees
– Nannies, babysitters
– Purchase car, boat
– Anything else you can think of
Keep in mind that the only credit cards you can use to pay your mortgage is Master card and Discover.
What is your experience with using Plastiq?