Florida Blue Customers: Use Credit Card to Pay Your Health Insurance Bill

Florida residents:  If you have your health insurance with Florida Blue, you can now pay your monthly bill with your credit card.  There is no extra cost to do so.

However, you do need to get on line, print out a bar code, and then make a quick trip to a CVS drug store.  You can pay your entire monthly bill, though you will be limited to a maximum of $999 per 24 hours.  So if your insurance bill is higher than that, you will need to make more than one trip if you want to take full advantage of this.


  1.  Go to FloridaBlue.com
  2. Log on to your account by filling in your user name and password
  3. At the top of the next page, click on “Claims and Expenses”
  4. Then click on “Bill Paying Services”
  5. Select “In Person” by clicking on the link to “Get Barcode”
  6. You will then be presented with a PDF page that includes a barcode.  You need to print that page.  You cannot just show the barcode on a phone.
  7. Take the printed page to either a CVS pharmacy or a Navarro pharmacy, and present it to the cashier with your credit card.
  8. Let the cashier know how much you want to pay.  Hint:  Because the monthly bill is usually some odd amount, I write down the exact amount on the bottom of the sheet with the barcode and give it to the cashier.
  9. Your transaction will be posted like a regular purchase from CVS.  If you have a credit card that gives a bonus for spend at drug stores, you should get that bonus.
  10. NOTES FROM BLUE CROSS ABOUT THE PAYMENT: Your payment is due by the due date on your bill.  Payments received after your due date do not guarantee that your policy will remain active. CVS can accept payments from $1 to $999 per 24 hours .

I have been taking advantage of this service for a few months.  The payment takes a couple days to appear on you Florida Blue records.  This is a relatively painless way to increase your spend if you are a Florida Blue customer.


Tax Time: Pay Taxes with a Credit Card?

Tax time is here.   If you owe Uncle Sam some money, you can earn reward points by paying the amount you owe with your credit card.  This is NOT something for everyone.  There is a fee associated with paying taxes by credit card.  But in some cases, it can make sense.

Basics:  How to Pay Tax by Credit Card

Yes, the IRS has a way for you to pay your taxes by credit card.   Just click on the link to see how:   Pay IRS Taxes by Credit Card

If you pay estimated taxes on a quarterly basis, or if you owe taxes at the end of the year, just click on one of the links to the tax paying services.   The service will ask for your name as it appears on IRS forms, and for your social security number.  You. can then designate any amount to be paid to the IRS.  The amount is sent, and you will immediately receive an e-mail confirming the payment.

How Much Does it Cost?  1.87% or more

The least expensive option at this time is to use Pay1040.com

It charges a fee of 1.87%, with a minimum fee of $2.89.   So if you are paying $1000 in taxes, you will pay a fee of $18.70.   Your credit card will be charged a total of $1018.70, and you will earn 1018 reward points if you are using a card that “pays” 1 point/mile per dollar.

When Does This Makes Sense?

First, in most cases, it does NOT make sense to pay taxes by credit card.   I prefer to get my reward points at no extra cost to me.  But, there are times when it can make sense.  You need to run the numbers to see if it is a good investment in your case.

To Meet Minimum Spend:

If you have a new credit card, and you are trying to meet your minimum spend requirement, paying a fee of 1.87% can make sense.  For example, consider a typical airline card that will award you 50,000 miles after spending $3000.   If your normal spending habits will only net you $2000 in spend in the required period, you could easily justify spending $18.70 in fees to be sure that you get the 50,000 miles.

Make a Profit with an Alaska Air Credit Card:

You could pay your taxes and still make a “profit” after fees if you get a new Alaska Airlines card from Bank of America.   The current offer on that card gives you 30,000 Alaska Air miles, and a $100 credit after you spend $1000 on the card.  There is an annual fee of $75, which is not waived.    You could get this card, and use it to pay $1000 in taxes.  You would pay fees of $93.70 ($75 annual fee and $18.70 for the cost of using credit to pay taxes).   After you get your $100 statement credit, you have a “profit” of  $6.30.

Use with a Credit Card that Rewards at 2% Rate

Some credit cards have a higher reward rate than 1 point per dollar.  For example, if you have a Barclay Arrival card, you earn 2 Arrival points per dollar spent.  So if you pay a fee of 1.87%, you still come out ahead.

Topping Off Reward Balances

Sometimes we are close, but not quite at the level needed to get a reward.  If you can justify pay 1.87 cents per point to top off an account – then paying your tax bill is one way to do that.   But keep in mind that airline or hotel points are sometimes available to buy directly for less than that amount.


Benjamin Franklin told us that the only things that are certain are death and taxes.  Since the taxes are certain, you might as well think about whether it makes some sense to earn travel rewards when you pay them.  We’ll save the death issue for another day.