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Fortune
Fortune
Glen Luke Flanagan

Typically it’s impossible or a very bad idea to pay your mortgage with plastic. But two credit card startups want to reward you for mortgage payments

A person sits with a cup of coffee holding a credit card. (Credit: Getty Images)

You can pay for nearly anything with a credit card, but until recently there was a big exception to the rule: Your mortgage.

The simple reality was that payment processor transaction fees outweighed any cash back or points you could possibly earn by charging your mortgage to plastic. Mortgage companies made it next to impossible, and even if you found a workaround, there was no real advantage to the maneuver.

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