FlyerTalk Forums - View Single Post - Tax Payment Bonus Thread
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Old Feb 16, 2006 | 9:51 am
  #7  
the_traveler
 
Join Date: Apr 2005
Location: Here! (Or there - I'm not sure)
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Posts: 4,358
Originally Posted by itsme
Are such payments treated like a purchase of goods rather than something like a cash advance, starting an immediate accrual of additional interest charges? (I am interested in doing this, but want to be sure there are no kickers, only the upfront fee for charging the tax payment to the card.) One gets the usual one-month or so float on the money?
The payments are treated as "purchases", not "cash advances", so you still have the float!
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