My neighbor in Phoenix said he pays his quarterly taxes with a credit card for the points

We were talking about side gigs and he mentioned he puts his whole estimated tax payment on a travel card. He said he earned enough points last year for a free flight to Denver. It got me thinking about the card processing fee, which is about 1.87%, and if the rewards really beat that cost. Has anyone else run the numbers on this for their own freelance taxes?

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1 Comment

graceblack1h ago

Honestly, have you checked if your card's rewards rate is actually higher than that fee? Tbh, a lot of basic cards won't beat it.