Stanchart is a promo of income tax payment facility It offers 100% cashback on processing fees When you use their payment facility to pay your income tax. it is Limited to S$200 and is limited to First 25 customers per month Those who qualify, but I think it’s worth the effort as the cost per mile can be attractive even without the fee waiver.
What is Stanchart Income Tax Payment Facility?
As a refresher, the Stanchart Income Tax Payment feature allows you to charge your chargeable income tax amount onto your Stanchart Visa Infinite or Beyond card. A payment processing fee is also charged, and in return you will get points on your card. According to my calculations, The cost per mile can be as attractive as 0.95 cents for Beyond cardholders and 1.36 cents for StanChart Visa Infinite cardholders.. What makes it more attractive is that Stanchart will deposit the amount into the bank account of your choice, which also means you can stack it…
