dcsimg Home Lender Countrywide Launches Visa with Double Points Toward Mortgage Payments - indexcreditcards.com

Credit Card Calculators

How long will it take to pay off my credit card?

In the News
  • "As comprehensive a list as you'll find of all the credit card offers on the table now."

Home Lender Countrywide Launches Visa with Double Points Toward Mortgage Payments

by Peter Andrew
Home Lender Countrywide Launches Visa with Double Points Toward Mortgage Payments

Editor’s Note:  This limited-time offer has expired. 

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.

Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.

Published  (Modified )

Share this article with: