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Is there a way to set up auto pay for credit cards?

EliteLamerEliteLamer __BANNED USERS regular
edited March 2009 in Help / Advice Forum
Hey, I have a few credit cards and it is somewhat hard for me to keep up with the due dates. Is there anyway I can set up auto pay every month so I don't have to worry about late fees?

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  • SixSix Caches Tweets in the mainframe cyberhex Registered User regular
    edited March 2009
    Some credit cards offer this. Check the website of the particular cards you have.

    Six on
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  • ToefooToefoo Los Angeles, CARegistered User regular
    edited March 2009
    Some banks have a thing in their online banking section where you can set up an automatic bill pay thing. You list the account number, how much you want to pay, name the card company, etc etc. I know Bank of America has this, but I'm not sure about others.

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  • SixSix Caches Tweets in the mainframe cyberhex Registered User regular
    edited March 2009
    Toefoo wrote: »
    Some banks have a thing in their online banking section where you can set up an automatic bill pay thing. You list the account number, how much you want to pay, name the card company, etc etc. I know Bank of America has this, but I'm not sure about others.

    The caveat here is that this really only works when you know the amount beforehand. With credit cards, you won't know the full amount until the bill is due.

    Six on
    can you feel the struggle within?
  • ToefooToefoo Los Angeles, CARegistered User regular
    edited March 2009
    Six wrote: »
    Toefoo wrote: »
    Some banks have a thing in their online banking section where you can set up an automatic bill pay thing. You list the account number, how much you want to pay, name the card company, etc etc. I know Bank of America has this, but I'm not sure about others.

    The caveat here is that this really only works when you know the amount beforehand. With credit cards, you won't know the full amount until the bill is due.

    Yea forgot about that, thanks for clearing that up.

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  • EliteLamerEliteLamer __BANNED USERS regular
    edited March 2009
    Six wrote: »
    Toefoo wrote: »
    Some banks have a thing in their online banking section where you can set up an automatic bill pay thing. You list the account number, how much you want to pay, name the card company, etc etc. I know Bank of America has this, but I'm not sure about others.

    The caveat here is that this really only works when you know the amount beforehand. With credit cards, you won't know the full amount until the bill is due.


    Well I am not using the cards anymore but just trying to get them paid off.

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  • SixSix Caches Tweets in the mainframe cyberhex Registered User regular
    edited March 2009
    EliteLamer wrote: »
    Six wrote: »
    Toefoo wrote: »
    Some banks have a thing in their online banking section where you can set up an automatic bill pay thing. You list the account number, how much you want to pay, name the card company, etc etc. I know Bank of America has this, but I'm not sure about others.

    The caveat here is that this really only works when you know the amount beforehand. With credit cards, you won't know the full amount until the bill is due.


    Well I am not using the cards anymore but just trying to get them paid off.

    In that case, this is in a fact a pretty good idea. Set a budget for each card, then set up autopayments from your checking account through your bank's website. I have checking accounts with both Chase and UBS, and it's pretty easy to do this with both. I imagine the same is true of any bank with a reasonably mature website.

    Six on
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  • EliteLamerEliteLamer __BANNED USERS regular
    edited March 2009
    I just signed up for my banks e payment thing but adding payees is confusing as fuck. I am thinking about having them help me set up this stuff.

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  • mtsmts Dr. Robot King Registered User regular
    edited March 2009
    with my card i set it up so that it automatically paid the minimum balance requirement, then I would go back and pay more later.
    That way when i inevitablly forgot to pay, it wouldn't matter

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  • SixSix Caches Tweets in the mainframe cyberhex Registered User regular
    edited March 2009
    EliteLamer wrote: »
    I just signed up for my banks e payment thing but adding payees is confusing as fuck. I am thinking about having them help me set up this stuff.

    If you're confused, just call their customer services.

    Six on
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  • DogDog Registered User, Administrator, Vanilla Staff admin
    edited March 2009
    mts wrote: »
    with my card i set it up so that it automatically paid the minimum balance requirement, then I would go back and pay more later.
    That way when i inevitablly forgot to pay, it wouldn't matter

    I do that too. I also get two reminders that it is due 7 and 3 days beforehand.


    Although a friend of mine's wife told me that they locked her card down once because she paid her bill 3 different times that month (in varying amounts). They said they were worried about fraudulent charges, she said "If someone is going to steal my credit card and pay it off for me, I am more than glad to let them do so."

    So make sure your credit company won't do that.

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  • DogDog Registered User, Administrator, Vanilla Staff admin
    edited March 2009
    Also, given some of your recent threads regarding balacing your spending, you might want to check out Mint, it's great at helping out in that regard.

    Unknown User on
  • MonoxideMonoxide Registered User, ClubPA regular
    edited March 2009
    robothero wrote: »
    Also, given some of your recent threads regarding balacing your spending, you might want to check out Mint, it's great at helping out in that regard.

    Do look into this before you sign up

    as secure as Mint is, I'm still not comfortable with anyone having my banking details that isn't myself

    though I wish I was because it looks so incredibly useful

    Monoxide on
  • DogDog Registered User, Administrator, Vanilla Staff admin
    edited March 2009
    There are other alternatives to Mint of course, that's just what I use. Also found this:
    For what it's worth, you're not giving Mint your bank account info. In fact, you're not providing Mint with any access to your login credentials. If I'm not mistaken, the only account info you give goes to Yodlee, a decade old company that acts the same sort of financial backend for Bank of America and MS Money, among others.

    Not only do you give Mint no direct access to your accounts (like I said, the login credentials all go through Yodlee and only Yodlee), but you also don't provide them with any personal information apart from your email address. (Well, except your spending habits, that is.) There's no account numbers, no social security numbers, etc.

    Unknown User on
  • EliteLamerEliteLamer __BANNED USERS regular
    edited March 2009
    Yeah my cards suck. They only allow you to pay once a month.

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  • illigillig Registered User regular
    edited March 2009
    you can also call your CC and ask them to change the billing date

    i've set all of mine to between the 1st and 3rd day of the month, so that i know when everything's due.

    illig on
  • EliteLamerEliteLamer __BANNED USERS regular
    edited March 2009
    illig wrote: »
    you can also call your CC and ask them to change the billing date

    i've set all of mine to between the 1st and 3rd day of the month, so that i know when everything's due.


    Thanks, I need to do that.

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  • DogDog Registered User, Administrator, Vanilla Staff admin
    edited March 2009
    EliteLamer wrote: »
    Yeah my cards suck. They only allow you to pay once a month.

    That must be a bitch. I really dislike my credit card because there are no rewards and my rate isnt that good (although I basically keep a 0 balance month to month), but they are really flexible with payments and you can pay every day if you want.


    Is the once a month thing common?

    Unknown User on
  • EliteLamerEliteLamer __BANNED USERS regular
    edited March 2009
    I got Mint.com up and running. I find the mobile alerts bad ass. Anyways I cant seem to add my Newegg.com account.

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