Texsox Posted January 17, 2012 Share Posted January 17, 2012 Switching banks suck. I have about 6 or 7 bills that get auto debited from my checking. But switching to USAA, who really rock the service. Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted January 17, 2012 Share Posted January 17, 2012 If they have one day turnaround, pay through bank. If not, go through direct website. If neither has the option, forget to mail check, get pissed. You should have made it multiple choice, in other words. Quote Link to comment Share on other sites More sharing options...
farmteam Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (Steve9347 @ Jan 16, 2012 -> 06:34 PM) If they have one day turnaround, pay through bank. If not, go through direct website. If neither has the option, forget to mail check, get pissed. You should have made it multiple choice, in other words. This...except I'll give them a 2-day window (which right now covers all my bills). Quote Link to comment Share on other sites More sharing options...
knightni Posted January 17, 2012 Share Posted January 17, 2012 Pay on website of company or automatic withdrawal. Quote Link to comment Share on other sites More sharing options...
lord chas Posted January 17, 2012 Share Posted January 17, 2012 "You know, I've never really liked paying bills. I don't think I'm going to do that either."-Peter Gibbons Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted January 17, 2012 Share Posted January 17, 2012 Everything onto a credit card. Credit cards paid in full once a month from bank account online. Quote Link to comment Share on other sites More sharing options...
JPN366 Posted January 17, 2012 Share Posted January 17, 2012 My wife does it, she insists... Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (JPN366 @ Jan 16, 2012 -> 11:51 PM) My wife does it, she insists... So that you don't see the random hotel reservations :-) Quote Link to comment Share on other sites More sharing options...
clyons Posted January 17, 2012 Share Posted January 17, 2012 (edited) QUOTE (Balta1701 @ Jan 16, 2012 -> 09:18 PM) Everything onto a credit card. Credit cards paid in full once a month from bank account online. I used to do this, both for convenience and to maximize credit-card airline miles. I learned the hard way that you really have to be extra diligent in checking your bills for accuracy before they get put on the card, because once they do, you lose leverage in a billing dispute. Now I only do that with payments that I know will be the same amount every month, like my gym membership. Edited January 17, 2012 by PlaySumFnJurny Quote Link to comment Share on other sites More sharing options...
NorthSideSox72 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (Balta1701 @ Jan 16, 2012 -> 09:18 PM) Everything onto a credit card. Credit cards paid in full once a month from bank account online. Me as well. Auto-pay everything possible, put as much on the credit card as possible (the rest auto-bill to checking). The credit card is then set to auto-pay once a month the full balance on due date from checking. I rarely have to actively pay a bill. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 17, 2012 Share Posted January 17, 2012 Log on to company websites if at all possible. As few auto debits as possible. Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (NorthSideSox72 @ Jan 17, 2012 -> 10:12 AM) Me as well. Auto-pay everything possible, put as much on the credit card as possible (the rest auto-bill to checking). The credit card is then set to auto-pay once a month the full balance on due date from checking. I rarely have to actively pay a bill. I don't auto-pay the credit cards, it gives me a reason to check to make sure statements are accurate every month. Quote Link to comment Share on other sites More sharing options...
Swingandalongonetoleft Posted January 17, 2012 Share Posted January 17, 2012 I always go through the website of the company and pay with one of my checking accounts (debit cards). If it's a larger purchase ($500-$600+) or school tuition, I'll use a credit card, and I'm also more likely to take care of it in person. Quote Link to comment Share on other sites More sharing options...
NorthSideSox72 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (southsider2k5 @ Jan 17, 2012 -> 09:14 AM) Log on to company websites if at all possible. As few auto debits as possible. Why? QUOTE (Balta1701 @ Jan 17, 2012 -> 09:15 AM) I don't auto-pay the credit cards, it gives me a reason to check to make sure statements are accurate every month. I use financial software and download/track everything. I see transactions come in as they clear. So I review every transaction that hits every account, even if at just a cursory level. Auto-pay just means one less step for me each month. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (NorthSideSox72 @ Jan 17, 2012 -> 10:46 AM) Why? I use financial software and download/track everything. I see transactions come in as they clear. So I review every transaction that hits every account, even if at just a cursory level. Auto-pay just means one less step for me each month. I want as little connection between my information as possible. If one thing gets hacked, all of my info won't be compromised. I also like to review all of the accounts individually. Quote Link to comment Share on other sites More sharing options...
NorthSideSox72 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (southsider2k5 @ Jan 17, 2012 -> 10:48 AM) I want as little connection between my information as possible. If one thing gets hacked, all of my info won't be compromised. I also like to review all of the accounts individually. I'm not sure how you are breaking any connections there. Auto-debit or one-time debit, that account info is in their system now. Which by the way is also a reason to use the credit card (when you can) instead of the checking account. Replacing a compromised credit card is a pain, but it pales in comparison to the nightmare of money being taken of your bank account and trying to make that change. But I see what you are saying about putting in that manual review step. I do it via financial software every few days across all accounts... you do it once a month focused on each account. Either way, the review is valuable. Quote Link to comment Share on other sites More sharing options...
LittleHurt05 Posted January 17, 2012 Share Posted January 17, 2012 Mortgages: Manually pay them online every month so I can set the exact date and maybe add extra principal Utilites: Auto-deduct from checking (don't allow credit cards), but I still have them mail me a paper bill every month so i can make sure I don't get some crazy dediction Everything else: Auto-pay from my AA credit cards for the miles, pay it online every month. If I do need to mail a check, I use the B of A bill-pay which automatically mails it for you for free Quote Link to comment Share on other sites More sharing options...
StrangeSox Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (NorthSideSox72 @ Jan 17, 2012 -> 09:12 AM) Me as well. Auto-pay everything possible, put as much on the credit card as possible (the rest auto-bill to checking). The credit card is then set to auto-pay once a month the full balance on due date from checking. I rarely have to actively pay a bill. This is the way I set it up. Have to manually pay a couple of bills through the bank website, but almost everything is auto. Quote Link to comment Share on other sites More sharing options...
StrangeSox Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (NorthSideSox72 @ Jan 17, 2012 -> 10:46 AM) I use financial software and download/track everything. I see transactions come in as they clear. So I review every transaction that hits every account, even if at just a cursory level. Auto-pay just means one less step for me each month. I update Quicken on almost a daily basis. Works great for tracking spending by category as well as overall cashflow levels. Quote Link to comment Share on other sites More sharing options...
dasox24 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (knightni @ Jan 16, 2012 -> 08:05 PM) Pay on website of company or automatic withdrawal. This. My student loans are automatic withdrawal. But for some utility bills, I pay directly on their website. Quote Link to comment Share on other sites More sharing options...
JPN366 Posted January 17, 2012 Share Posted January 17, 2012 (edited) QUOTE (Balta1701 @ Jan 17, 2012 -> 07:59 AM) So that you don't see the random hotel reservations :-) GAHHHH!!! Nah, she's a control freak. But what woman isn't? (rimshot) Edited January 17, 2012 by JPN366 Quote Link to comment Share on other sites More sharing options...
Texsox Posted January 17, 2012 Author Share Posted January 17, 2012 I've had most on autopay, now I am finding it a pain to undo everything as I switch banks. Quote Link to comment Share on other sites More sharing options...
SoxFan1 Posted January 17, 2012 Share Posted January 17, 2012 ............................bills? Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (SoxFan1 @ Jan 17, 2012 -> 01:10 PM) ............................bills? For someone who is about to enter the real world, you will have your answer very soon. Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted January 17, 2012 Share Posted January 17, 2012 QUOTE (NorthSideSox72 @ Jan 17, 2012 -> 11:51 AM) I'm not sure how you are breaking any connections there. Auto-debit or one-time debit, that account info is in their system now. Which by the way is also a reason to use the credit card (when you can) instead of the checking account. Replacing a compromised credit card is a pain, but it pales in comparison to the nightmare of money being taken of your bank account and trying to make that change. But I see what you are saying about putting in that manual review step. I do it via financial software every few days across all accounts... you do it once a month focused on each account. Either way, the review is valuable. The other big thing is that if a Credit Card gets compromised, it's the banks money that is being stolen. They can try to get it from you, but they're going to do whatever they can to make sure it doesn't get stolen from them in the first place. If your money gets stolen from your bank account, yeah they kinda care, but they're not liable for the losses. Quote Link to comment Share on other sites More sharing options...
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