This is the year to get your finances right once and for all. To help you do that, refinance your home through a lender that doesn’t charge you fees galore.
Right now, select American Express cardholders can earn back $2,500 as a statement credit when they refinance their home through Better.com. Better.com does not charge lender fees or commission fees and waives the $550 appraisal fee. They will even rush the appraisal at no extra cost.
Who Is Eligible for This Better.com Deal?
To be eligible for the $2,500 statement credit, you must click-through the dedicated offer link, and submit a completed application on Better’s webpage dedicated to the offer no later than 7/25/2020, and close on your mortgage no later than 10/28/2020. You will not be eligible for the statement credit if your mortgage closes after 10/28/2020 for any reason.
The statement credit will be applied 8-12 weeks after your mortgage closes. Since the $2,500 comes back as a statement credit, you do not have to worry about getting taxed on the money. Greenworld123 says that you “would not receive a 1099. I will ask for a refund check once it hits from Amex since I keep a zero balance.”
Exclusions to the AMEX Offer
This deal is targeted to certain cardholders. Personal cards have the best chance with this offer, and American Express Corporate Cards, American Express Small Business Cards and American Express-branded Cards are not eligible. Additional Card Members on your Account are not eligible for this offer.
Before you jump on board with Better.com, there are two important things to note from a Better employee. They say,
- Mortgage rates of any specific customer, stated or otherwise, should not be taken as indicative of a mortgage rate available to all customers. Pricing is based on a number of factors, including the individual credit profile of a potential borrower.
- The offer is only available to those borrowers who have been marketed to directly by American Express, and those who have not received the offer on their Amex portal or via email are not eligible.
If you didn’t see this AMEX deal in your card’s benefits, don’t fret. We have many more deals that you might be eligible for. Search the forum or set a Deal Alert for your card.