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What’s your largest monthly expense? For many, it’s a home mortgage payment. As a result, you might try to pay your mortgage with a credit card to earn extra rewards. After all, this can be an easy way for several decades to earn bonus points. However, you must first verify that your mortgage servicer accepts credit card payments.

pay your mortgage with a credit card
Pay your mortgage with a credit card is one way to quickly earn a credit card signup bonus. Credit: Pexels

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Editor’s Note: Some of the offers below may have expired or are no longer available on our site. 

Why Pay Your Mortgage With a Credit Card?

Credit card mortgage payments are an easy way to earn the best credit card signup bonuses.

Your mortgage lender might let you make credit card payments directly to your mortgage. Wells Fargo, for example, doesn’t accept credit card payments. However, few banks accept credit card payments these days.

One workaround is to use a third-party payment app like Plastiq. With any credit card mortgage payment, plan on paying a processing fee. This fee is typically around 2.5% of the payment total.

However, your purchase rewards will need to be worth more than the processing fees to make paying by credit card worth it. If this may be something of interest to you, these are some of the cards you should consider first to pay your mortgage.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred® Card has one of the most exciting bonus offers for a travel credit card.

New Chase Sapphire Preferred® Card cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $750 when redeemed through Chase Ultimate Rewards®.

Your points can be worth a lot more by transferring them at a 1:1 ratio to an airline or hotel partner. Some of the most exciting partners include:

  • Avianca LifeMiles
  • British Airways
  • Emirates
  • United Airlines
  • Singapore Airlines
  • Southwest Airlines
  • World of Hyatt

Frequent flyer miles tend to be most valuable when redeemed for first-class award flights. Your points can easily be worth up to 6 cents when redeemed for first-class or business class seats. Emirates and Singapore Airlines have some of the best premium cabin options.

One award route to consider first is flying in the Singapore Suites class from New York to Frankfurt. One-way award space can be found for 86,000 miles plus fees and taxes.

The Sapphire Preferred also has a reasonable $95 annual fee.

Also, enjoy Chase Sapphire benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x points on travel purchased through Chase Ultimate Rewards®, 3x points on dining, and 2x points on all other travel purchases, plus more.

Related: Best Chase Credit Cards for Travel

The Platinum Card from American Express

The Platinum Card® from American Express has one of the highest minimum spending limits for a travel credit card.

New The Platinum Card® from American Express cardmembers can earn 80,000 Membership Rewards® points after spending $6,000 on purchases on their new Card in the first 6 months of Card Membership. Plus, they can apply and select their preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.

Learn more: Johnny Jet Recommended Credit Cards

You can also transfer your points at a 1:1 ratio to these airlines:

  • Delta Air Lines
  • Emirates
  • Etihad
  • Flying Blue
  • Singapore Airlines
  • Qantas

This can be an excellent option if you want to fly overseas with credit card points. You can also book partner flights for domestic travel with most international airline loyalty programs. One example is a round-trip economy class flight to Hawaii from the U.S. West Coast on Alaska Air for 25,000 miles. You will need to transfer your Membership Rewards to Singapore Airlines first.

Qantas can be another exciting option if you have been wanting to visit Australia.

The card is best for frequent flyers. The card comes with travel perks including a $200 airline fee credit (in the form of a statement credit; enrollment required) and complimentary airport lounge access.


Cardholders earn 5x Membership Rewards® Points for flights booked directly with airlines or with American Express Travel, up to $500,000 on these purchases per calendar year, and earn 5x Membership Rewards® points on prepaid hotels booked with American Express Travel.

Cardholders can get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when paying with their Platinum Card®.

Also, get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.

Plus, American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.

Terms apply. Enrollment may be required.

Other Benefits

There’s also a digital entertainment credit. Cardholders can get up to $20 in statement credits each month when they pay for eligible purchases with The Platinum Card® from American Express at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.

In addition to enjoying TSA PreCheck or Global Entry access, cardholders can also enjoy CLEAR perks. Cardholders can use their Card and get up to $179 back per year on their CLEAR® membership. Terms apply.

Another exciting benefit is the ability for cardholders to enjoy up to $25 back each month on select Equinox memberships when they pay with their Platinum Card®. This amounts to up to $300 annually. Enrollment required. 

There is also a $155 Walmart+ credit to enjoy. This covers the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.

Get the full details and learn more in our in-depth The Platinum Card from American Express review.

The annual fee is $695 (See Rates & Fees) but can be offset with the perks, which are valued at over $1,400.

Learn more: Johnny Jet Recommended Credit Cards   

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card is the most exciting flat-rate travel rewards credit card. Its signup bonus is relatively small yet still worth pursuing when paying your mortgage. This bonus can also be easier to earn.

However, if you are wanting to earn a few more miles on travel, good news—earn 5x miles on hotels and rental cars booked through Capital One Travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on (through May 16, 2023). 

Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel, with the Capital One Venture Rewards Credit Card.

The annual fee is $95.

Southwest Airlines Credit Cards

If you fly Southwest Airlines often, you should strongly consider getting a Southwest Airlines Rapid Rewards credit card. Consumer cards include the Southwest Rapid Rewards® Plus Credit Card, the Southwest Rapid Rewards® Priority Credit Card, and the Southwest Rapid Rewards® Premier Credit Card.

All three Southwest consumer cards come with the same signup bonus: earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months.

The bonus can be a great way for you to start accumulating points to visit Hawaii. Additionally, all three cards get 25% back on inflight purchases.

Related: Best Southwest Airlines Credit Card Offers

British Airways Visa Signature Card

The British Airways Visa Signature® Card might not appear like a utilitarian miles credit card at first glance. But Avios have flexible redemption options for domestic and international travel.

For example, domestic American Airlines and Alaska Airlines flights start at 7,500 Avios each way. You can also fly to Hawaii from the U.S. West Coast for 25,000 miles roundtrip. Of course, you can book award flights to Europe on British Airways or another Avios partner.

New British Airways Visa Signature® Card cardholders can earn up to 100,000 Avios! New cardholders earn 75,000 Avios after spending $5,000 on purchases within the first three months of account opening. Then, earn an additional 25,000 Avios after spending $20,000 in the first 12 months of account opening.

Cardholders earn 3 Avios per $1 spent on purchases with British Airways, Aer Lingus, Iberia, and LEVEL. Cardholders also earn 2 Avios per $1 spent on hotel accommodations when purchased directly with the hotel. Plus, earn 1 Avios per $1 spent on all other purchases.

Plus, new British Airways Visa Signature® Card cardholders can get 10% off British Airways flights starting in the United States when you book through the website provided in the welcome materials.

This card has a $95 annual fee but doesn’t charge a foreign transaction fee.

Plus, every calendar year you make $30,000 in purchases on your British Airways Visa card, and you’ll earn a Travel Together Ticket good for two years.


Using a credit card to pay your mortgage is a possibility. However, you may need to use a third-party payment app to submit payment as most lenders prefer you use a checking account to keep fees low. Using a credit card can be well worth it when you can earn a valuable signup bonus or get above-average redemption values.


Do I pay my mortgage with a credit card?

Some mortgage lenders and servicing companies let you pay your mortgage with a credit card. However, your bank might require you to make a cash advance (which doesn’t earn purchase rewards or a signup bonus) if you wish to pay your mortgage with a credit card. You also pay interest charges on cash advances.

Another option is to use a third-party payment app like Plastiq. In most cases, you will need to pay processing fees between 2.5% and 3% of the payment amount.

Can you pay mortgages with a Visa credit card?

It’s possible to pay your mortgage with a Visa credit card. However, your lender or the credit card issuing bank may not let you charge mortgage payments to your credit card. They may even consider it a cash advance that doesn’t earn rewards points and requires you to pay interest.

One of the best Visa credit cards for paying your mortgage is the Chase Sapphire Preferred. The Chase Sapphire Preferred® Card currently has an offer of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months from account opening, worth $750 when you redeem through Chase Ultimate Rewards®.

If your lender or credit card provider doesn’t let you pay directly with a credit card, you will need to use a third-party payment app. Whether you pay directly or use an external app, plan on paying a processing fee between 2.5% and 3%.

What bills can be paid with a credit card?

Almost any recurring bill can be paid by credit card including:

  • Insurance
  • Cell phone
  • Internet
  • Streaming services
  • Charitable donations
  • Property taxes
  • Income taxes
  • Utilities (i.e., electric, gas, or water bill)
  • Rent
  • Mortgage payments

Depending on the bill, you may be charged the processing fee. This is most common when making loan payments or paying bills to government agencies. The average processing fee is between 2.5% and 3%. Merchants are most likely to accept Visa, Mastercard, American Express, and Discover for payment.

For rates and fees of The Platinum Card® from American Express, please click here.

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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