Originally Posted by mkpkmp
I would like to take advantage of the SPG bonus point promotion, but my 1040 balance due for 2005 is less than $5000. I don't want to pay my 2006 taxes now. So I just file an extension w/ a payment of $5000. Then, after April 17, I will file my tax return and get a refund. Would this work? Is there an easier way?
Problem is, you still pay the fee, and you also loose interest on the money you pay to American Express until you get your money back. I thing you value Starpoints higher than I do.