American Express has now announced that it will allow borrowers to put their mortgage on their amex cards get earn points!
Its great for AMEX because some of the borrowers will be late and incur penalties of 15-28%! Of course of the savvy ones will also earn a lot more reward points than they normally could.
If I could put all my rental properties on this program, I could probably earn a free ticket to anywhere in the world every year! I'm not a big fan of this idea in principle, but a free ticket is enticing.
Anyway, you can read more about it here.
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