How to Use Your Credit Card to Save on Tax Prep
NEW YORK (MainStreet) — Valentine’s Day gifts aren’t the only things your credit card can help you save money on – you can also get a discount on your favorite tax software or tax preparation service. Here’s a roundup of some of the better tax deals your credit card can buy you.
Discover (Stock Quote: DFM) cardholders can get 20% cash back on purchases made at H&R Block through ShopDiscover, and they can also get 15% cash back on TurboTax software through the online mall as well.
Citi (Stock Quote: C) is giving cardholders 10% cash back through its Bonus Cash Center on H&R Block At Home, and is offering a coupon code to get 15% off on online tax preparation with the preparer. Citi also offers 8% cash back on TurboTax software.
Meanwhile, Chase (Stock Quote: JPM) cardholders can get 15 extra rewards points per dollar spent on H&R Block At Home software or eight extra points per dollar spent on TurboTax software through its Ultimate Rewards Mall.
Bank of America (Stock Quote: BAC) is offering nine extra points per dollar spent on TurboTax purchases through its WorldPoints Mall.
American Express (Stock Quote: AXP) is offering cardholders the opportunity to get 15% off on H&R Block software and 10% off on TurboTax software in its Deal Center. H&R Block purchases also earn cardholders 15% cash back that will be donated to the United Way.
MasterCard (Stock Quote: MC) doesn’t have any partnerships with tax preparers listed in its online marketplace, but is featuring a few LivingSocial deals on tax preparation services that entitle cardholders to a varied number of extra rewards points.
—Jeanine Skowronski is staff reporter for MainStreet. You can reach her by email at Skowronski.jeanine@thestreet.com, or follow her on Twitter at @JeanineSko.
