You can now pay income tax with a credit card
Featured writing by Allan Norman · M.Sc. · CFP · CIM
Paying your income tax bill with a credit card sounds appealing, especially if you're chasing points or just want a little breathing room on timing, and this piece looks at what that option really involves. The CRA has spent years moving Canadians toward digital filing and digital refunds, and card payment is part of that broader shift. The catch, as the piece explains, is that this convenience generally runs through a third-party service that charges a processing fee, so the rewards you earn can easily be swallowed by the cost of the transaction. It's a clear-eyed look at when paying tax by card might genuinely make sense and when it's more flash than benefit. For anyone tempted by the idea at filing time, it's a quick, practical read that helps you weigh the perk against the price before reaching for the card.
Read Allan's full column on MoneySense.
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