If you’re looking for ways to maximize credit card points, manage cash flow, or just cover a tight month, you might wonder: Can I pay my mortgage with a credit card?
It’s a creative idea — but not always a practical one. While it is technically possible in some cases, there are big limitations and potential downsides to consider.
In this article, we’ll break down how it works, whether it’s worth it, and when it might actually make sense.
Can you pay a mortgage with a credit card?
Most mortgage lenders do not accept credit cards directly as a payment method. They typically accept:
- ACH transfers (bank accounts)
- Checks
- Wire transfers
- Some allow debit cards, but rarely credit cards
That’s because credit card processing fees (often 2–3%) are costly — and mortgage companies don’t want to absorb those costs.
However, there are workarounds that let you use a credit card indirectly to pay your mortgage — but they come with important caveats.
Workaround #1: Use a third-party payment service
Services like Plastiq allow you to pay your mortgage using a credit card. Here’s how it works:
- You sign up for Plastiq and add your mortgage company as a payee.
- You pay Plastiq using your credit card.
- Plastiq mails a check to your lender on your behalf.
But there’s a catch:
Plastiq charges a fee of around 2.85% per transaction, which can wipe out any rewards you earn from using your credit card.
Example: Paying a $2,000 mortgage through Plastiq would cost you an extra $57 — unless you’re earning more than that in points or benefits, it’s not worth it.
Workaround #2: Use a balance transfer check or cash advance (not recommended)
Some credit card issuers offer balance transfer checks or allow you to take a cash advance, which you can use to pay your mortgage. But this method is risky:
- High fees (often 3–5% of the amount)
- Immediate interest (no grace period)
- Cash advance APRs are usually higher than regular purchases
Unless you’re in a financial emergency and have no other options, this strategy should be avoided.
When paying your mortgage with a credit card might make sense
In very specific scenarios, using a credit card to pay your mortgage could be useful — if the rewards or benefits clearly outweigh the costs.
Examples:
- You’re trying to hit a spending minimum for a large welcome bonus (worth $500+).
- You’re using a 0% APR promotional offer on purchases or balance transfers.
- You’ve calculated that your credit card rewards exceed the processing fees.
- You’re facing a cash flow gap and have a solid plan to repay the balance before interest kicks in.
But for the average borrower, the costs usually outweigh the perks.
Risks of using a credit card to pay your mortgage
Before attempting it, consider these potential downsides:
1. High fees
Using third-party services like Plastiq or a cash advance will almost always involve fees that negate any rewards or convenience.
2. Credit utilization spike
Charging a large amount like a mortgage payment to your card will increase your credit utilization ratio, which can temporarily lower your credit score.
3. Debt stacking
Turning secured debt (mortgage) into unsecured debt (credit card balance) can be dangerous — especially if you’re unable to pay it off quickly.
4. No interest-free grace period
Some methods, like cash advances, begin charging interest immediately, unlike typical purchases that offer a grace period.
Alternatives to consider
If you’re thinking about using a credit card out of financial necessity or to manage cash flow, these alternatives might be safer and more cost-effective:
- Refinance your mortgage to lower your monthly payment
- Request a forbearance or hardship program if you’re struggling
- Use a personal loan with a lower interest rate to bridge gaps
- Earn rewards through other large expenses (tuition, insurance, travel)
- Set up autopay from your bank to stay consistent and avoid fees
Should you pay your mortgage with a credit card?
Yes, it’s technically possible — but rarely advisable.
Unless you have a very specific reason (such as earning a large bonus or managing temporary cash flow), the fees, risks, and long-term costs usually outweigh the benefits.
If you’re considering it:
- Calculate the real cost of the transaction
- Make sure you can pay off the credit card balance in full and on time
- Only use secure, reputable third-party platforms
For most people, sticking to traditional payment methods — and using your credit card for other strategic expenses — is a smarter, safer move.