file photo by ArtChick
September 30,2017
the staff of the Ridgewood blog
Ridgewood NJ, Ridgewood has rolled out the Ridgewood Estate Card, a new property tax savings program now available to Ridgewood property owners. The program offers a debit like card that offers a reward on purchases that is automatically applied to reduce Ridgewood property taxes billed to the cardholder. An even greater level of reward is offered at participating local and online merchants. Tax rewards are applied annually to the third quarter tax bill.
If you visit RidgewoodEstateCard.com you can learn more about this exciting opportunity and to sign up for the program. Once signed up, one will receive their card via US mail in 5-7 business days. Each time the card is used, a percentage of that purchase is earned toward property tax reduction. Reward amounts are listed in both the cardholder’s online account and on the easy to use Card Rewards mobile app.
Use the card for your everyday spending and simultaneously reduce your property tax! On every dollar you spend, a percentage is earned as a reward paid towards your property tax. The more you spend, the less you owe!
The Estate Card also encourages local spending with many Central Business District merchants are offering a higher reward earned on local purchases, ultimately creating growth and sustainability in your community.
Take a look , White Maple Café offers a 5% tax reward , Ridgewood Eyewear a 10% tax reward , Taylor & Taylor Oriental Rugs offers a 30% tax reward , so if you just replace the card you are using for the shopping you are currently doing you will save money on your property taxes. https://ridgewoodestatecard.com/shop/localstores .
There are also over 3,200 online merchants that offer Ridgewood property tax rewards https://ridgewoodestatecard.com/shop/stores .
Cardholders can earn a base reward of .25% on all transactions and as much as an additional 25% at participating local and online merchants.
The RidgewoodEstateCard website also offers a Search function to find the best price with the largest tax reward amount. Save money while paying down your taxes!
You can also share a deal in your reward account. If you want a family member or friend to be able to take advantage, no problem, share the deal with them or post it to social media, they will get the deal and you will earn the tax reward!
We’re still hawking this bad idea?
why is it a bad idea ?
There’s nothing wrong with the card itself, but speaking for myself, and I’m sure most people, our current CC of choice comes with a whole host of benefits from airline miles to cash-back. So, to switch to this card means weighing-up the benefits against what you’re losing by not using the existing card.
Could become a double edged sword for the Senior’s NJ property tax freeze.for those that qualify.
why is that ?
Don’t like it, don’t use it.
give up too much to get too little
what do you give up?
What credit cards give you 3%-30% back on purchases? Seems pretty good to me.