Consumer Payment Card News

IRS & MC

When it comes to income taxes, MasterCard is offering a way for you to have your cake and eat it too. MasterCard is offering a “Zero Percent Convenience Fee for Debit” and a “Convenience Fee Rebate for Credit and Debit” via H&R Block and Metavante’s Link2Gov. MasterCard is also offering a specially reduced 1.99% convenience fee via Official Payments. Under the “Zero Percent Convenience Fee for Debit” offer, taxpayers must purchase an H&R Block “Online Tax Program.” When they are ready to settle the taxes due, they choose the “PAY1040” hyperlink provided within the H&R Block tax program and pay the outstanding balance using their debit MasterCard. Under the “Convenience Fee Rebate for Credit and Debit” offer, taxpayers must likewise purchase an H&R Block “Online Tax Program.” When they are ready to settle the taxes due, they choose the “PAY1040” hyperlink provided within the H&R Block program. Making one 1040 balance due payment using their credit or debit MasterCard, they will have the full 2.49% convenience fee rebated back on the first $350 of the balance due payment. Both offers are valid only for online payments made on or before October 16th. Additionally, MasterCard, in partnership with Official Payments Corp., has lowered the convenience fee for tax payments. To participate in this program, taxpayers must make a federal personal income tax payment online using a MasterCard card at www.officialpayments.com/mcfeeoffer.jsp. A specially reduced 1.99% convenience fee will automatically be applied (reduced from the standard 2.49%). The offer is valid only for online payments thru April 17th. For more information, visit “www.mastercard.com/2006tax”:www.mastercard.com/2006tax.

Leave A Reply