Can Apple Card be used for mortgage payments?
Can I use Apple Card to do mortgage payments?
[Re-Titled by Moderator]
Can I use Apple Card to do mortgage payments?
[Re-Titled by Moderator]
Mastercard is the only network that allows charges to be made using a Mastercard Credit Card. Discover, VISA and American Express do not permit it.
There are third party companies that act as an intermediary to facilitate the payment. The issue is the intermediary will charge a fee that exceeds the cash back value of credit card. You can find these companies by doing a web search and asking just what you asked here.
It's unlikely a credit card company would offer such a service and it's also unlikely a mortgage lender would accept credit card payments.
Bottom line is that you should contact your mortgage lender and ask them if they take credit card mortgage payments. I’m almost 110% sure the answer is no.
I heard about **** where they charge you 2.9% per transaction for the total of your mortgage payment, then they either do electronic payment of mail a check to your mortgage lender. So if your card rewards are more than 2.9% per transaction then it makes sense to use a credit card this way. There may be some other companies that offers this type of service at a better cost.
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Can Apple Card be used for mortgage payments?