The Chase Freedom card is currently offering 5x/5% on PayPal transactions for the second quarter. If you need to pay federal income taxes then PayUSAtax.com allows PayPal payments. The fee is 1.97% ($2.69 minimum) so if you did the $1,500 maximum you’d end up paying $29.99 in fees and you would earn 7,500 Chase Ultimate Rewards points. How useful this method will depend on whether you need to pay any federal income taxes and also if you can max out the category without this method. Grocery stores are another option as well. Personally I’d wait until later in the quarter before resorting to a 1.97% fee but some people might just want to do it now to get it over with.
Hat tip to reader Lorem Ipsum
