Comments on: Chase Wants Me To Pay My Taxes With My Credit Card http://amateurassetallocator.com/2009/02/05/chase-wants-me-to-pay-my-taxes-with-my-credit-card/ Amateur Asset Allocator Tue, 16 Mar 2010 14:04:52 +0000 http://wordpress.org/?v=2.9 hourly 1 By: headknocker http://amateurassetallocator.com/2009/02/05/chase-wants-me-to-pay-my-taxes-with-my-credit-card/comment-page-1/#comment-3337 headknocker Sun, 08 Feb 2009 02:58:59 +0000 http://amateurassetallocator.com/?p=949#comment-3337 Unfortunately, it isn't just the "financially clueless" people that fall for this, it is usually the "financially broke" people that use the 'service'. When you have no money, spreading the tax bill over 3-4 years sounds a lot better than not paying the bill at all. Unfortunately, it isn’t just the “financially clueless” people that fall for this, it is usually the “financially broke” people that use the ’service’. When you have no money, spreading the tax bill over 3-4 years sounds a lot better than not paying the bill at all.

]]> By: Rob http://amateurassetallocator.com/2009/02/05/chase-wants-me-to-pay-my-taxes-with-my-credit-card/comment-page-1/#comment-3311 Rob Fri, 06 Feb 2009 19:39:30 +0000 http://amateurassetallocator.com/?p=949#comment-3311 I hate Chase already... for a lot of reasons.. but this is really out there. How can they push the virtues of the 1% while glossing over a 2.49% fee? Even ignoring the interest charges.... a 3rd grader who's never touched a credit card in his life could see that's a bad deal. That being said, I wonder how many financially clueless people fall for crap like this :( I hate Chase already… for a lot of reasons.. but this is really out there. How can they push the virtues of the 1% while glossing over a 2.49% fee? Even ignoring the interest charges…. a 3rd grader who’s never touched a credit card in his life could see that’s a bad deal.

That being said, I wonder how many financially clueless people fall for crap like this :(

]]> By: Michigan Chick http://amateurassetallocator.com/2009/02/05/chase-wants-me-to-pay-my-taxes-with-my-credit-card/comment-page-1/#comment-3284 Michigan Chick Thu, 05 Feb 2009 20:33:29 +0000 http://amateurassetallocator.com/?p=949#comment-3284 Did you hear about what Citi is going? They just sent me an e-mail today and a letter yesterday: Now paying your bill pays back. Congratulations, you've been automatically enrolled in the Citi Payment Partner Program. Just pay at least $150 above the minimum amount due on any of your next 4 monthly billing statements and you'll earn a statement credit equal to 10% of the amount you paid over the minimum amount due. You can earn up to $250 in the program. Earn up to $250 in statement credit to help reduce your balance. Save money as you reduce finance charges. Help build good credit by reducing your balance and continuing timely payments. Here’s how it works: Earnings will be credited to your account in one lump sum within 3 billing statements after successful completion of the program. Timely payment of at least the minimum amount due is required in all billing statements before earnings are credited to your account. It seems ligit..and like a GREAT way to promote paying off the cc's...im surprised they are doing this! I was hoping chase would follow (as i have higher interest rates with them than Citi)...but it doesn't look like it with this Tax promo (what a joke!) Did you hear about what Citi is going? They just sent me an e-mail today and a letter yesterday:

Now paying your bill pays back.

Congratulations, you’ve been automatically enrolled in the Citi Payment Partner Program. Just pay at least $150 above the minimum amount due on any of your next 4 monthly billing statements and you’ll earn a statement credit equal to 10% of the amount you paid over the minimum amount due. You can earn up to $250 in the program.

Earn up to $250 in statement credit to help reduce your balance.
Save money as you reduce finance charges.
Help build good credit by reducing your balance and continuing timely payments.

Here’s how it works:

Earnings will be credited to your account in one lump sum within 3 billing statements after successful completion of the program.
Timely payment of at least the minimum amount due is required in all billing statements before earnings are credited to your account.

It seems ligit..and like a GREAT way to promote paying off the cc’s…im surprised they are doing this! I was hoping chase would follow (as i have higher interest rates with them than Citi)…but it doesn’t look like it with this Tax promo (what a joke!)

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