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April 8, 2016

Best Credit Cards for Paying Your Taxes

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The tax deadline has been extended this year until April 18, but some people might still have issues paying their taxes on time. Some people don’t know that you can pay your taxes with a credit card, which can make it easier to meet the tax deadline without draining your checking account.

One thing to remember is that most sites that allow you to pay your taxes with a credit card will charge a fee. If it’s a debit card, there is a flat fee, depending on how much your taxes are, and credit card fees are based on a percentage, which is also determined by the amount you owe.

Since you’ll be paying extra to pay with a credit card, it’s best to find a credit card that won’t charge you extra interest and can give you an extra cash bonus to help pay the extra fees. Some credit cards offer a 0 percent introductory APR, which can give you up to a year to pay off your balance without being charged extra interest.

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