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Author Topic: Taxes Payment  (Read 2632 times)

Offline atiredmench

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Taxes Payment
« on: July 15, 2022, 09:39:53 AM »
I need to make a substantial payment. Is it worth opening a new card just to make the payment? I was considering the Amex Biz Platinum. Offer was 170k with 15k spend in 3 months With an additional 10k points with an employee card.
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Offline S209

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Re: Taxes Payment
« Reply #1 on: July 15, 2022, 09:47:36 AM »
Quote from: atiredmench on July 15, 2022, 09:39:53 AM
I need to make a substantial payment. Is it worth opening a new card just to make the payment? I was considering the Amex Biz Platinum. Offer was 170k with 15k spend in 3 months With an additional 10k points with an employee card.
Yes of course. That’s a fantastic offer that’s not publicly available. Depending on how large your payment is, there’s an offer for 250K for 30K as well which might be better for you.
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Offline atiredmench

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Re: Taxes Payment
« Reply #2 on: July 15, 2022, 02:33:59 PM »
is the fee worth it though? I have a personal gold card which i think has a 295 fee. I would do this no brainer if i didnt find out dell cancels these types of orders.
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Offline cgr

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Re: Taxes Payment
« Reply #3 on: July 15, 2022, 04:47:55 PM »
I was in a similar situation and after crunching the numbers I decided it's worth it in order to meet the minimum spend requirement on a large bonus (ended up opening 4 new cards).
Once you've met the spend requirement it's no longer worth it to continue paying via cc.
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Offline Dan

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Re: Taxes Payment
« Reply #4 on: July 15, 2022, 04:51:10 PM »
Quote from: cgr on July 15, 2022, 04:47:55 PM
Once you've met the spend requirement it's no longer worth it to continue paying via cc.
Erm, why not?
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Offline shmooz

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Re: Taxes Payment
« Reply #5 on: July 15, 2022, 05:03:48 PM »
Quote from: Dan on July 15, 2022, 04:51:10 PM
Erm, why not?

Ok I'll bite- Because you are paying close to 2% and not getting so many points?
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Offline Dan

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Re: Taxes Payment
« Reply #6 on: July 15, 2022, 05:04:28 PM »
Quote from: shmooz on July 15, 2022, 05:03:48 PM
Ok I'll bite- Because you are paying close to 2% and not getting so many points?
I didn't mean on this card per se.
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Offline cgr

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Re: Taxes Payment
« Reply #7 on: July 15, 2022, 05:18:23 PM »
Quote from: Dan on July 15, 2022, 04:51:10 PM
Erm, why not?
For a mere mortal like myself who doesn't have a quinfecta of every card type to maximize point earnings and then turn those points into more valuable points, paying 2% to earn 1 or 2 points per dollar isn't a good deal.
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Offline shmooz

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Re: Taxes Payment
« Reply #8 on: July 15, 2022, 05:35:42 PM »
Quote from: Dan on July 15, 2022, 05:04:28 PM
I didn't mean on this card per se.

Which card is worth it?
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Offline dm123

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Re: Taxes Payment
« Reply #9 on: July 15, 2022, 05:37:50 PM »
Quote from: shmooz on July 15, 2022, 05:35:42 PM
Which card is worth it?

I would imagine either this:
Quote from: cgr on July 15, 2022, 05:18:23 PM
a quinfecta of every card type to maximize point earnings and then turn those points into more valuable points

Or use a different SUB
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Offline margol

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Re: Taxes Payment
« Reply #10 on: January 27, 2023, 01:46:55 AM »
Has anyone heard of any issues with using a ink business unlimited to pay taxes?  I am getting an error that this type of card is not supported.  Anyone know anything about it?
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Offline shmooz

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Re: Taxes Payment
« Reply #11 on: January 27, 2023, 06:34:03 AM »
Quote from: margol on January 27, 2023, 01:46:55 AM
Has anyone heard of any issues with using a ink business unlimited to pay taxes?  I am getting an error that this type of card is not supported.  Anyone know anything about it?

Use it on paypal
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Offline margol

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Re: Taxes Payment
« Reply #12 on: January 27, 2023, 10:03:03 AM »
Quote from: shmooz on January 27, 2023, 06:34:03 AM
Use it on paypal

great idea!  thanks!
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Offline theyankel

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Re: Taxes Payment
« Reply #13 on: October 15, 2023, 06:27:21 PM »
can i use an amex or chase unlimited to pay taxes via paypal? is there a fee? i need to charge some $28k for taxes payment and trying to figure out the best value for points earnings. dont nec want to sign up for any new cards
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Offline Joel

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Re: Taxes Payment
« Reply #14 on: October 15, 2023, 06:33:55 PM »
Quote from: theyankel on October 15, 2023, 06:27:21 PM
can i use an amex or chase unlimited to pay taxes via paypal? is there a fee? i need to charge some $28k for taxes payment and trying to figure out the best value for points earnings. dont nec want to sign up for any new cards
https://www.dansdeals.com/points-travel/milespoints/2023-best-year-ever-pay-taxes-credit-card-breakdown-earnings-card-benefit-paying-taxes-earn-elite-status/
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