Wednesday, May 23, 2007

Pay mortgage payments with your credit card

American Express announced that you can now pay your mortgage payments with your American Express card. They've teamed up with RBC Mortgage (owned by Royal Bank of Canada) and American Home Mortgage to have your mortgage charged directly to your credit card, once they've originated it.

I'm sure this is just one of many partnerships to pay your mortgage this way. I think Citibank also does the same thing with its credit cards too.

Go get those miles and take a trip, or wallow in more debt at a higher interest rate, the choice is yours Ms. American Consumer.

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