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Old 30th January 2003, 12:10 PM
sjk2309's Avatar
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Reward points for mortgage repayments?

Does anyone know if its possible to gain reward points by making repayments off a home loan (with the National) by using a National Gold Mastercard? The scheme excludes points for cash advances (payments to a martgage are treated as such) and where the card is in debit.

Is it possible to use another card, with another bank or financial institution, to pay off the mortgage then transfer funds to that card so that the card itself is always paid off within any interest free period, while at the same time picking up points?

Any advice greatly appreciated.

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Old 10th February 2003, 10:49 AM
Lindsay Wilson's Avatar
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Even it it were possible (which I doubt), you'll run the risk of paying interest at higher rates (if you don't make the repayment on your card in full) just for the FF points?? Perhaps look at Citibank or Macquarie where you get FF points.
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FF Programs: QFF Gold (OW Sapphire) QC Life, LTSilver & 57.5% to LTG, AAdv (24.35% to LTG), NW. Hotel: PC Plat, Hyatt GP Gold, HHonors Gold, SPG, Marriott Rewards, PriorityGUEST. Car Rental: Avis Pref, Hertz No 1 Cards: Amex Plat, Visa Plat.
Flown 585 sectors totalling 821,765 miles since March 03, 1988 (ba97.com)
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