Reply
Senior Contributor
Open123
Posts: 4,089
Registered: ‎02-23-2011
0

Re: Paying property taxes on credit card (Amex)

[ Edited ]

pizzadude wrote:

clocktick wrote:

Hello all, happy new year!

 

I've read certain things can trigger a FR from Amex.  I found out today I can pay my property taxes with a credit card and would, preferably, like to use my Amex.  Has this personally happened to anyone or is it purely speculation?  Why would they, or any other credit card company, care if you pay your taxes with their card?

 

Thank you. 


 

Most of the "certain things" involve behaviour far outside the norm of typical card usage.   Paying taxes is a normal payment that shouldn't raise anyone's attention.

 

Non-typical behaviour might include ~ Buying large amounts of US Mint currency to attempt to get around cash-advance fees, or buying large amounts of gift cards and returning them for cash are the types of things that would get someone's attention.


Right, or buying 10k/month in gfits cards at the Supermarket with your Everday Cash Preferred.  Or, using Amazon payments and paying yourself 1k month for the points.  Or, paying with 3rd party checks from unknown sources, etc....

 

More often than not, it is very deviant behaviour which has no "apparent" purpose other than to game or fraud.

 

Or, and this did happen, making tons of strangers AUs for backdating purposes for a fee.

Frequent Contributor
suebee123
Posts: 252
Registered: ‎11-13-2011
0

Re: Paying property taxes on credit card (Amex)

I've done it for years and it's never been a problem...

Current: EQ Fico (700), EX Fico AMX (681) TU Fico Walmart (711) MyFico TU (708) Vantage: TU 803, EX 777, EQ 789
Goal: 700+ across the board.
Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
0

Re: Paying property taxes on credit card (Amex)

Ugh.  They only take VISA, MC and Discover.  Also:

 

Credit cards will have a 2.45% and debit is a $3.95 flat convenience fee.

 

This is just like my electric bill.  I was thrilled they finally allowed credit cards payments only to find out there's a fee for doing so.

 

I guess I need to resort to check-writing for these taxes.  :smileysad:

11/30/08 TU 648 EX 672 EQ 656 JUNE 2014 TU 779 EX 764 EQ 721
Amex BCP $24.1K/Clear $8.5- Barclays LLBean $15k/Sallie Mae $12.5 -Cap One QS $4 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




Starting Score: 648
Current Score: 736
Goal Score: 765


Take the FICO Fitness Challenge

Established Contributor
dyv8914
Posts: 825
Registered: ‎12-28-2011
0

Re: Paying property taxes on credit card (Amex)

Be careful to read the fine print. A lot of counties charge a convenience fee upwards of 2-5% for paying with a credit card which would negate any rewards you would earn by paying with a credit card. Not sure if they are allowed to do this but they do it anyways, kinda like the gas stations with the cash/non-cash price.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+