A turbo-charged but dangerous way to earn more credit card reward points GlobeInvestor
The obsessive pursuit of credit card reward points has opened the door for people to put their rent on plastic, as well as their taxes, utility bills, tuition and more.
GetDigs is actually a bargain compared with Plastiq and Paysimply, both of which are listed on the Canada Revenue Agencyas a way to pay your taxes. Kudos to both for transparency – they clearly disclose a 2.5-per-cent fee on their websites for paying taxes . Both Paysimply and Plastiq can also be used to utilities, tuition and other recurring or one-time expenses.
“There are a decent number of cards that have rewards higher than 1.5 per cent,” said Patrick Sojka of, an online resource for travel rewards programs. “So the rewards would be well worth it when paying via the service.” Outside of payday loans, there’s no debt more toxic than credit cards. It’s a certain bet that credit card companies are going to make big bucks off people who drive up their balances with rent or tax bills and can’t pay in full what they owe every month.
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