A tip: Property tax payment by Credit Card

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Wrench
Posts: 130
Joined: Sun Apr 28, 2019 10:21 am

A tip: Property tax payment by Credit Card

Post by Wrench »

In my county in my state one can pay property taxes by credit card. Normally, there is a 2% fee to do so. Because there is a State of Emergency in my state from COVID-19, the 2% fee is waived this year. So one can use a cash back credit card and get a 2% savings on property taxes!

So if you are like me and own your home outright (or do not have an escrow account on your mortgage so pay your own taxes) then check out your local tax site and see if the same might apply to you.

Wrench
runner3081
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Joined: Mon Aug 22, 2016 3:22 pm

Re: A tip: Property tax payment by Credit Card

Post by runner3081 »

Thanks for the tip. Maricopa County is still charging a 2.15% fee for credit cards.
7eight9
Posts: 1444
Joined: Fri May 17, 2019 7:11 pm

Re: A tip: Property tax payment by Credit Card

Post by 7eight9 »

That is an excellent tip. Regretfully Clark County (Nevada) is still imposing a 2.19% service fee. :(
I guess it all could be much worse. | They could be warming up my hearse.
rich126
Posts: 1983
Joined: Thu Mar 01, 2018 4:56 pm

Re: A tip: Property tax payment by Credit Card

Post by rich126 »

runner3081 wrote: Sat Sep 05, 2020 2:13 pm Thanks for the tip. Maricopa County is still charging a 2.15% fee for credit cards.
And right now mail delivery isn't working too well. I've had a couple of online bill payments not reach their destination 2 weeks after it was sent. (Smaller type businesses)
SchruteB&B
Posts: 362
Joined: Mon Jul 02, 2018 7:48 am

Re: A tip: Property tax payment by Credit Card

Post by SchruteB&B »

Lucky for you! My county imposes a 3% fee, no waiver. :(
niceguy7376
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Location: Metro ATL

Re: A tip: Property tax payment by Credit Card

Post by niceguy7376 »

Our county in GA charges 2.5% fee. I normally apply for a new card around this time and pay the taxes (no escrow) with the new CC and get the sign on bonus and cancel it before next year annual fee is due.

Wish our county waives the fee
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oldcomputerguy
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Re: A tip: Property tax payment by Credit Card

Post by oldcomputerguy »

Blount County TN passes on the fees charged to them by credit card companies for credit card payments and by banks for processing "e-checks". The only way to avoid these fees is to pay via paper check. The difference between the fee charged to me by the County for my paying by Visa and the 2% cash back I get is very small, so I actually have little problem rationalizing it as a "convenience fee" for not having to deal with paper checks. Perhaps that's not the Boglehead way, but it's a decent compromise.
"I’ve come around to this: If you’re dumb, surround yourself with smart people; and if you’re smart, surround yourself with smart people who disagree with you." (Aaron Sorkin)
runner3081
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Joined: Mon Aug 22, 2016 3:22 pm

Re: A tip: Property tax payment by Credit Card

Post by runner3081 »

rich126 wrote: Sat Sep 05, 2020 3:58 pm
runner3081 wrote: Sat Sep 05, 2020 2:13 pm Thanks for the tip. Maricopa County is still charging a 2.15% fee for credit cards.
And right now mail delivery isn't working too well. I've had a couple of online bill payments not reach their destination 2 weeks after it was sent. (Smaller type businesses)
I don't mail anything, haven't done so for many, many years. They pull ACH from bank for no charge.
Topic Author
Wrench
Posts: 130
Joined: Sun Apr 28, 2019 10:21 am

Re: A tip: Property tax payment by Credit Card

Post by Wrench »

A quick Google search finds a bunch of counties that are waiving fees: Monroe County, NY (I think), Mecklenberg County, NC, Missoula County, MT (I think), New Castle County, DE, etc. It appears that most in CA are not. Anyway, worth checking for your county - maybe someone else will get lucky like me.
lws
Posts: 166
Joined: Tue Apr 25, 2017 6:12 pm

Re: A tip: Property tax payment by Credit Card

Post by lws »

My county will do an ACH transfer from your checking account.
MikeG62
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Joined: Tue Nov 15, 2016 3:20 pm
Location: New Jersey

Re: A tip: Property tax payment by Credit Card

Post by MikeG62 »

lws wrote: Tue Sep 08, 2020 2:19 pm My county will do an ACH transfer from your checking account.
Mine does too and it's how I pay my RE taxes. Although they charge $1.05 "convenience fee". Guess they'd rather have to deal with paper checks :o
Real Knowledge Comes Only From Experience
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