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Home › Forums › Financial Markets/Economics › Paying property tax online to get sign up bonuses on credit card
What bonuses were you thinking of in particular?
My plan is below:
I was considering paying 14K in property taxes which would cost $280 then invest the funds in DSL DoubleLine Income Solutions Fund which is a closed end fund which yields about 9%.
I have 18 months of interest free period so in that time would earn $2050.
I’ve owned this fund for a while and it’s pretty solid.
The credit card would pay back the 2% of the 2.17% so the net cost of the funds would be $24 or 0.17% so net earnings (in taxable cash) would be $2025.
I would use the citibank double cash. I opened a new account to get a fresh 18 month interest free period.