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  1. #1
    gangof4
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    Default AMEx to pay taxes

    Has anyone ever used Am Ex to pay your property taxes or IRS taxes? Good idea or not?
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    Reply With Quote Reply With Quote     Aug 17, 10, 6:39 pm
  2. #2
    jeffysdad
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    No, but the taxing authority would probably tack on a surcharge to cover the interchange fee and then some, like the fed govt. does.

    BTW, "gangof4," is it in homage to the band?
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    Reply With Quote Reply With Quote     Aug 18, 10, 8:01 am
  3. #3
    gangof4
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    Actually it's a reference to Mao's wife (Jiang Qing) who was part of a conspiracy during the Cultural Revolution in China. I teach politics at a college so it is sort of a tongue-in-cheek nom de guerre.
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    Reply With Quote Reply With Quote     Aug 22, 10, 4:54 pm
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    jeffysdad
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    Ok, duh. Should have known it was something like that. Check out the band (if you haven't already), whose name is obviously (to me now) a reference to the same. Might want to bring it up in class some day ("hey, the prof is cool.).
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    Reply With Quote Reply With Quote     Aug 23, 10, 5:38 am
  5. #5
    Cucumber
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    THere is a company called Official Payments that charges 2.35% surcharge for tax payments with any major card (Visa/MC/Amex/Discover) and another one called pay1040 that charges the same (but didn't hear of that one until finding it now). I wouldn't do it bec the rewards you are getting are only around 1%.
    OBAMA
    Stop talking crap about him!
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    Reply With Quote Reply With Quote     Aug 23, 10, 5:41 pm
  6. #6
    Mogul of Pineapples
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    For 1% rewards I would never use an American Express to pay taxes. With a 2% cash back card it may be tempting, but you would still be throwing away 0.35%.
    Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.

    Current Cards:     American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
    Primary Everyday Card: American Express Blue Cash
    Primary Travel Card: Citi Thank You Premier
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    Reply With Quote Reply With Quote     Aug 27, 10, 4:58 pm
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