Don’t use your credit card to pay taxes

Good and interesting post off of LifeHacker as always.

The biggest problem is that when you pay your taxes by credit card, the charge comes with a 2.49% surcharge to third-party companies that process the transaction. Most people find this charge a surprise because processing surcharges are usually not allowed by credit card companies. This surcharge effectively wipes out any bonuses that the credit card companies offer and often means you’ll lose money even with the added promotion incentives and if you pay off your credit card on time and in full.

Originally came from http://soundmoneytips.com/article/7518 but I got it from Lifehacker.