Just looking for some re-assurance.
I am looking to pay $8000 to the ATO using Amex and B2bPay.
My understanding of B2Bpay is that they charge 2.4% 1.68% after tax deduction.
the cost of using B2bpay would be $134.40.
i would earn 12,080 points
giving a cost per point of 1.1 cents
I am thinking this is good value if I am saving medium term for a Classic reward RTW flight business class.
I hope to hear your thoughts.