Reward points for mortgage repayments?

Discussion in 'National Australia Bank Rewards' started by sjk2309, Jan 30, 2003.

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  1. sjk2309

    sjk2309 Newbie

    Jan 30, 2003
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    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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  2. QF WP

    Moderator

    Jun 20, 2002
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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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