How I Bought a HOUSE With a CREDIT CARD #shorts
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I bought my $450,000 house using a credit card. Instead of wiring my mortgage payment each month to my lender I used a service called plastic which allows me to make my $3000 mortgage payment every single month using my Capital One venture X card which gives me two points per dollar spent. That means that each month I’m earning 6000 points which I redeem at a value of $0.05 per point using Capital Ones Transfer Partners which is worth $300. That means even after paying the 2.9% fee that plastic charges which equates to $87 I am still profiting $213 every single time I pay my mortgage which each year is nearly an entire free mortgage payment. I’ve also used this to pay large quarterly tax bills and lots of other things but that’s how…
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