Here’s a quick follow up to How I Made $490 (in 10 Minutes) Paying My Property Taxes.
Last week, I got the card by clicking on “Chip’s Favorite Credit Card Offers” (top right side of website). A few days later, the card showed up. I hopped on the online and paid my property taxes.
Today, the charge and my $592.23 cash back hit my card. That’s the $500 bonus + $92.23 (2% cash back on purchases).
I decided to dump my entire $592.23 “rewards” to pay down my balance. Then I paid off the remaining $4,019.32 electronically from my bank. Done and done.
Property Taxes paid with a hundreds of free, tax-free money from Capital One. Total time invested from applying for the card through paying it off was about 15-20 minutes.
I highly recommend paying off the card’s balance in full. You don’t have to do it before the statement comes, like I did. But make sure you pay it off by the time it is due. Otherwise, the interest charge will quickly eat away at your rewards bonus.
Click on “Chip’s Favorite Credit Card Offers” at the top right side of this website. Then click “Business Cards” for this card. Email me if you have any questions.