Home Lender Countrywide Launches Visa with Double Points Toward Mortgage Payments
By Liz Morris
Home loan company Countrywide Financial announced today the launch of a new credit card that will essentially double your points when points are used toward Countrywide mortgage payments. The Countrywide Rewards Platinum Visa offers one point per dollar, making it on par with most rewards cards that offer the equivalent of 1% cash back or penny-per-point redemption value when put toward merchandise rewards. However, when points are used toward payments on Countrywide loans, the points essentially double, as every 2,500 points equals a $50 credit against a cardholder’s Countrywide loan.
The new Countrywide credit card is being issued through a partnership with First USA, a division of credit card giant Chase.
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1.Discover® More Card - 0% APR on balance transfers for 12 months & 6 months on purchases, 5% cashback bonus in popular categories, up to 1% cashback bonus on all other purchases
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2.Chase Freedom Card - 0% Intro APR and no Annual Fee, 5% bonus cash back in popular categories , 1% cash bank on everything else
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3.Citi® Platinum Select® MasterCard® - 0% on purchases & balance transfers for Up to 18 months, APR as low as 9.99% variable. $30 statement credit.
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4.Blue Cash® from American Express - Earn up to 5% cash back on gas, groceries and drug store purchases, and up to 1.5% back on all other purchases, no annual fee, fast approval under 60 seconds
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6.American Express® Gold Card - 10,000 American Express Membership Rewards bonus points when you use the card for at least $500 in purchases within the first 3 months.
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7.TrueEarnings® Business Card from Costco & American Express - 4% cash back for annual gas purchases up to $6,000, 3% restaurants, 2% travel, 1% everywhere else, 0% APR on purchases for first 6 months
