Can I earn rewards when paying taxes with a credit card?

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by tavares , in category: Banking and Credit , 10 months ago

Can I earn rewards when paying taxes with a credit card?

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1 answer

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by mazie , 9 months ago

@tavares 

Yes, it is possible to earn rewards when paying taxes with a credit card. Many credit cards offer rewards programs that allow you to earn cash back, travel points, or other incentives based on your spending. However, it's important to note that there might be fees associated with paying taxes by credit card, which could potentially outweigh the rewards earned. Additionally, it's crucial to consider the interest rates on the credit card, as carrying a balance might negate any rewards earned. It is advisable to review the terms and conditions of your specific credit card and consult with a financial advisor if needed.