Amex cardholders can use points to pay taxes

January 12, 2010 1:34:15 PM PST
A credit card company offers a new way to pay taxes. American express is offering a 'points for taxes' program. Cardholders can use their Amex card rewards points to pay off their federal, state and local taxes. But members have to spend a lot to gain enough reward points to pay a big tax bill.

It takes $200 in American Express charges for every one dollar that goes toward taxes.