Save Money - AmEx Mortgage Rewards

For the first time ever, credit card mogul American Express offers a card that can be used to pay a mortgage while earning points. However, this credit card can only be used with mortgages through American Home Mortgage or IndyMac Bank, at least for now. With a start-up/membership fee of $395, you’re on your way to start earning, if you’re super careful, I suppose. I caught wind of this news from the Wall Street Journal’s podcast, but there is also a great CNNMoney.com article on it as well. Wanna start racking up those points? Unfortunately, this is by invitation only for now and’ll probably be for a while until or if it’s proven successful. Having trouble with credit card debt? Start here for a butt load of useful information.

Check other duenos ways to save money.

posted by Brian Giera on 5 June 2007
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