Sleep better knowing you never put these 5 expenses on a credit card!
- Medical Bills
It’s tempting to charge a medical procedure to a credit card but many times patients can save money by visiting the hospital’s financial/billing department to negotiate a lower bill or set up an installment payment plan.
Charging state and federal taxes to a credit card sounds like a good idea on the surface until you factor in the fees for making the payment. Paying taxes with a credit card usually cost around 2% or 2.5% in fees which means a tax bill of $10,000 woulds cost $200 when paying with a credit card!
3. Mortgage Payments
See taxes (fees again)