ATO (tax office) payments by credit card

[cove]

Now @kpc has me pre-paying the monthly BAS because I can.

 

[Mattyana2003]

I think I will be ready to hand my eldest sons credit card back this coming weekend. He should find that I have run up a 7 figure number of dragon points for him. This week he is in Tokyo for a soccer game that he will be watching and then back at work on Friday.

Hi All,
If you don't mind me asking , what period of time did you take to put the seven figures through? I put six figures through my dragon each month of non ATO and it seems to go fine. I've got a very large tax bill ($400K) to pay soon over the period of a month which means I can only overlap two CC billing cycles. I was wondering if this was flying the dragon too hard? Thoughts?
Thanks.

 

[cove]

I have never had a call so I just load and spend. The million dragon points is over a couple of weeks and it is on a new card that issued this month.
This was one of those months with quarterlies as well as a monthly BAS.

 

[Mattyana2003]

Thanks so much, appreciate it. What’s the largest payment you’ve put through in one hit?

 

[georgie23]

How much positive do you go at a time
I need to pay 400K too

 

[cove]

More than 6 figures.
No one is watching accounts other than ones that don’t pay

 

[Obi-run Kenobi]

Has anyone here used Yak Pay with Virgin Money cards (Velocity Flyer/High Flyer) and received bonus points?

 

[NJSteve]

Has anyone here used Yak Pay with Virgin Money cards (Velocity Flyer/High Flyer) and received bonus points?

We've been using a few different cards/ know of people using different cards on the platform. Our Dragon card thus far has been working great. A mate of mine uses the Velocity cards and I'm pretty sure he's had no issues when using it - and has been receiving the points associated with the reward programs offered. It's also listed on the platform in a drop down box in cards so I think you should be good to go

 

[DIVIC]

I have never had a call so I just load and spend. The million dragon points is over a couple of weeks and it is on a new card that issued this month.
This was one of those months with quarterlies as well as a monthly BAS.

Cove, is that a business card?

 

[Bell21]

Hi All,
If you don't mind me asking , what period of time did you take to put the seven figures through? I put six figures through my dragon each month of non ATO and it seems to go fine. I've got a very large tax bill ($400K) to pay soon over the period of a month which means I can only overlap two CC billing cycles. I was wondering if this was flying the dragon too hard? Thoughts?
Thanks.

I'm probably being too conservative from the looks of some of these comments, as I try not to fly it too hard!

 

[cove]

I have not bothered with a business card as our personal ones have all worked a treat. We are dealing with a computer.
My favourite eldest son and his partner were wowed by flying on the Virgin A330 in business so I am unsure as to whether they can keep the warehoused points in the dragon card for the 10% birthday bonus.
My brother runs pretty much on empty as he has multiple redemption nominees who want to go to France fairly often With Kris Miles.
i ran up a largish number of Virgin points and I can still do about 40 domestic business class return runs on the A330 before I will need to replenish that stash.

 

[306]

I just received my statement for the NAB Rewards Business Signature Card, in an included flyer

"From 28/03/2020, payments you make to the Australian Taxation Office will earn you points*:

- 1 Qantas Point for every $1.50 you spend on your NAB Qantas Business Signature Card*

- 1.25 NAB Rewards Points for every $1 you spend on your NAB Rewards Business Signature Card

That's the same rate or reward as regular everyday business purchases."

I guess useful if a business card is your only option

nb

3,000 NAB Rewards Points = 1,000 Asia Miles
3,000 NAB Rewards Points = 1,000 KrisFlyer Miles
3,000 NAB Rewards Points = 1,500 Velocity Points

 

[daft009]

I just received my statement for the NAB Rewards Business Signature Card, in an included flyer

"From 28/03/2020, payments you make to the Australian Taxation Office will earn you points*:

- 1 Qantas Point for every $1.50 you spend on your NAB Qantas Business Signature Card*

- 1.25 NAB Rewards Points for every $1 you spend on your NAB Rewards Business Signature Card

That's the same rate or reward as regular everyday business purchases."

I guess useful if a business card is your only option

nb

3,000 NAB Rewards Points = 1,000 Asia Miles
3,000 NAB Rewards Points = 1,000 KrisFlyer Miles
3,000 NAB Rewards Points = 1,500 Velocity Points

That is pretty good for VFF

 

[kpc]

Good to have another card that earns points for ATO spend but the Dragon still has better earn rates.

 

[daft009]

Good to have another card that earns points for ATO spend but the Dragon still has better earn rates.

Precisely..a nice backup

 

[amaroo]

The problem with business spend and warehousing is pretty obvious. I do it, in the millions per qtr on the green monster, but we hope for the best. Just keep burning ... not so easy these days with the corona

 

[cove]

We are still flying.
Next we go to London.
I need to wrap up some ATO shortly.

 

[Obi-run Kenobi]

Question about YakPay: Does the credit card need to be in your name? I want to upload Mrs Kenobi's card for a transaction.

 

[daft009]

Question about YakPay: Does the credit card need to be in your name? I want to upload Mrs Kenobi's card for a transaction.

Can put the Mrs too

 

[bbqwer]

sorry for off topic - STG Owner can login and view creditcard transactions using computer ? for the past 4-5 days I keep getting error as soon as I clicked STG credit card thru internet banking computer ( only can access from STG iphone apps ).