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H&R Block Drives Business By Cutting Credit Card Tax Payment Fees

by Peter Andrew

H&R

Block Drives Business By Cutting Credit Card Tax Payment Fees

Last week we explained why paying your taxes via credit card

is a

bad idea, namely because of the 2.49% processing fee you'll

incur on top of any tax payments you owe.

Tax

preparer H&R Block has figured out a way to use this fee

to its advantage, by eliminating or reducing the fee when taxpayers

use its services.

When

taxpayers who have a tax balance due visit an H&R Block office,

the credit card payment fee is eliminated if they pay with a

Visa check card, or reduced to 1.99% if they use a Visa credit

card. Similar offers are available to those who use H&R

Block's TaxCut Online program to pay their taxes online.

Published 02/20/06 (Modified 05/07/12)


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