How to pay mortgage by credit card

cockmyster2

Hello, i have a Natwest offset mortgage and a 10 month interest free on purchases credit card. I want to pay the mortgage with the credit card and keep the money for the mortgage in the offset account to offset the interest on the mortgage. (And pay the minimum payment on the credit card until the interest free period ends). The problem is that Natwest say that they can't accept a credit card payment, and that credit cards are only accepted by retailers. Can anyone help? Thanks.

NickX

There has been some discussion on the stoozing forum about this.

There are some reports of people managing to pay their mortgage on a 0% Purchases card, however I think they had to push for it and basically give the impression that they had cashflow problems and this was the only way they could make the payment.

If they do accept it, don't forget to stop your Standing Order.

CLAPTON

that sounds right... I don't know of any mortgage companies that accept payment by credit card

why not simply use the card for ordinary day to day spending ... not as good but better than nothing.

neil9313

NickX wrote: »

There has been some discussion on the stoozing forum about this.

There are some reports of people managing to pay their mortgage on a 0% Purchases card, however I think they had to push for it and basically give the impression that they had cashflow problems and this was the only way they could make the payment.

If they do accept it, don't forget to stop your Standing Order.

Im not sure this is quite correct, about 4 posts on that :rolleyes: site! A bit of mis information here!

NickX

neil9313 wrote: »

Im not sure this is quite correct, about 4 posts on that :rolleyes: site! A bit of mis information here!

What is not correct ?

Here is a link to the discussion :

http://www.stoozing.com/forum/YaBB.pl?num=1218039089

neil9313

CLAPTON wrote: »

that sounds right... I don't know of any mortgage companies that accept payment by credit card

why not simply use the card for ordinary day to day spending ... not as good but better than nothing.

But if you could, would you like to make a payment to yr mortgage acct for the maxmium of yr credit limit in one go? :rolleyes: (This was not treated as a cash advance)

Ps this was carried out with a 0% 12 months credit card! :T

NickX

neil9313 wrote: »

Im not sure this is quite correct, about 4 posts on that :rolleyes: site! A bit of mis information here!

What are you talking about ?

If you are accusing me of supply miss-information then please state precisely what I have said that is wrong.

I have simply referenced another discussion regarding making mortgage payments by credit card. Where is the miss-information ?

neil9313

NickX wrote: »

What is not correct ?

Here is a link to the discussion :

http://www.stoozing.com/forum/YaBB.pl?num=1218039089

Because I was the one that made the payment! :rolleyes:

YorkshireBoy

Some discussion late last year on this site...

http://forums.moneysavingexpert.com/showthread.html?t=568748

Abbey & Northern Rock were obliging, although it was a bit 'messy'.

neil9313

NickX wrote: »

There has been some discussion on the stoozing forum about this.

There are some reports of people managing to pay their mortgage on a 0% Purchases card, however I think they had to push for it and basically give the impression that they had cashflow problems and this was the only way they could make the payment.

If they do accept it, don't forget to stop your Standing Order.

Who said stop your standing order??

NickX

neil9313 wrote: »

Because I was the one that made the payment! :rolleyes:

Well on that thread, 2 posters claim to have made mortgage payments by credit card. Namely "tightbloke" and "chiefgoobster". I assume you are one of these posters.

Perhaps you could explain where the miss-information is. Thanks