Smart Tax Payments for Rewards

#164: Chris shares a unique way to earn points: using your credit card to pay taxes. He outlines the various options available to help you evaluate whether it’s worth paying taxes on your credit card. Chris also shares the latest news in the world of points and miles, including transfer partners and bonuses, recent devaluations, card-linked offers, and more.

Link to Full Show Notes: https://allthehacks.com/paying-taxes-on-credit-cards

Partner Deals

MasterClass: Learn from the world's best with 15% off

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

DeleteMe: 20% off removing your personal info from the web

Facet: Personalized Financial Planning + $250 enrollment fee waived

Fabric: Affordable term life insurance for you and your family

For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals

Resources Mentioned

IRS Authorized Payment Providers:

• payUSAtax (1.82%)
• Pay1040 (1.87%)
• ACI Payments (1.98%)

All the Hacks Cards Page

Credit Cards: 

Note: All information about Hilton Honors American Express Aspire Card and The Platinum Card® by American Express have been collected independently by All the Hacks. The card details on this page have not been reviewed or provided by the card issuer.

• Hilton Honors American Express Aspire Card
• The Platinum Card® from American Express
• Delta SkyMiles® Platinum American Express Card
• PayPal Cashback Mastercard
• Discover it® Miles
• Robinhood
• Citi® Double Cash Card
• The Blue Business® Plus Credit Card from American Express
• Capital One® Spark® Cash Plus
• Capital One Venture Rewards Credit Card
• Capital One Venture X Business
• Capital One Venture X Rewards Credit Card
• Bilt Mastercard® 

Wells Fargo Cards:

• Wells Fargo Active Cash Visa ® Card
• Wells Fargo Autograph℠ Card
• Wells Fargo Autograph Journey℠ Visa® Card

Bilt Rewards:

• Bilt Rewards
• Free point.me access
• Free Awayz access
• Bilt Rewards adds Alaska Airlines and ends American partnership

point.me:

• Free access with Amex Membership Rewards®
• Get your first month + free explore by point.me tool for $5 with code HACKS at allthehacks.com/pointme

CardPointers: 30% off the app that helps you earn more cash back, points, and miles

The Frequent Miler Podcast: American Airlines vs. Alaska Miles – Which are Better?

• How To Use Wyndham Points To Book a Vacasa

Full Show Notes

(01:53) Can You Pay Taxes on a Credit Card?

(03:56) Making 3% Profit

(06:58) Meeting Minimum Spend on Big Welcome Bonus

(11:07) Buying Cheap Points with Cards

(15:56) Earning Status

(28:54) Bilt Rewards Adds Alaska Airlines & Loses American AAdvantage

(31:06) News from Wells Fargo

(37:27) Current Transfer Bonuses (March 2023)

(39:42) News Around Devaluations

(47:01) point.me for Amex Membership Rewards® Points

(47:36) Q2 Bonus Categories

(48:04) Current Card-Linked Offers

Connect with All the Hacks

All the Hacks: Newsletter | Website | Membership | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices