How to know if paying tax using credit card through CardUp like service is worth it?

Yes it's worth it, since we have to pay income tax, why not using credit card to get some cashback?

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You can sign up with my referral code: WEESHENT538

I am a new user of Cardup. Below is my review.

Review: Have been contemplating whether to embark on such a platform as I didnt feel secured. However, as more and more banks has stopped issuing points/ rebates for payment to insurance company, I decided to revisit Cardup. After reading up, I am encouraged by lots of reviews that it is indeed quite legit.

So my plan is to spread my insurance payments into the different months and try to hit $2000 spending per month (a mixture of cardup for insurance and tax, and retail/ online spendings). I will charge all these to UOB One Card and get $300 cash rebate quarterly. In this way, I will be getting a rebate of 5% - Cardup fee of 2.6% = savings of 2.4%. This is quite decent. Note that for income tax, you can only make a lump-sum payment and monthly instalments is not allowed. By doing so, I do not need to crack my brains on how to spend $500 for my OneAccount to get the bonus interest too, as Cardup is considered an eligible spending. I can then channel my spendings to another credit card for other rebates.

By using Cardup, if I spend $2000 consistently for 12 months (which can be quite achievable if you are paying insurance premiums for your family members), you will be getting quite a substantial amount of rebates! Moreover, sometimes, Cardup will have promotional rates, for instance, currently, for rent, there are charging 1.9% fee instead of 2.6% (valid till end Jun 2020) and 2.25% fee on other payments instead of 2.6% (valid till end Jun 2020). This is indeed quite worth it!

Use my Cardup promo code PEIFANGC906 to get $20 off your 1st payment if you are keen to explore!​​​