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Old 09-09-2016, 06:42 AM   #41
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My monthly bills either don't allow CC usage to pay them, charge a fee to use them, or are bills I set up many years ago to pay using ACH or online billpay through my local bank's checking account. At least I am not writing any monthly checks any more, only some semi-annual or less frequent bills via check.


My former health insurer, BCBS, allowed me to use my CC to pay the monthly premium without a fee, so I used it and earned the 1% cashback on my CC which was kinda nice. My current health insurer, OSCAR, doesn't have that option, only debit card or ACH, the latter of which I use.


The only automated CC payment I use is a small, annual charge with my backup CC, just often enough to keep the card open without forgoing any meaningful cashback benefit.


I don't generally seek out ways to use my CC more, as I don't want to have my CC info "out there" more than needed. I use all the electronic tools available (except for debit card) to pay my monthly bills, whichever works best and provides me with desired comfort and security.
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Old 09-09-2016, 08:01 AM   #42
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I use a credit card for every expenditure possible in order to capture the cash back rewards.
For expenses that need to be paid by check, I use the Discover Checking account online.
That allows me to avoid postage and envelope costs AND they actually pay me $0.10 per check.

I've wondered if I could get away with paying all my bills in one cent increments.
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Old 09-09-2016, 03:24 PM   #43
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I recently learned that our church now accepts CCs for anything, even raffle tickets!
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Old 09-09-2016, 04:20 PM   #44
Thinks s/he gets paid by the post
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Everyone should do what they are comfortable with, but understand sometimes things really are better once you learn or understand it more.

I don't worry about being the product, which I think GreyHare means is the tracking of your spending by the CC company and they sell that tracked info.
  • I use multiple CC so each gets only part of the elephant picture.
  • Most nearly all the stuff I buy is what everybody else buys, so no news there.
  • If I ever wanted to buy a nuclear bomb or other weird thing, I can still use cash, and my CC usage would make me look normal as a benefit.
  • You are part of the product even if you don't use a CC, all those cameras everywhere use or soon use facial recognition so they know you are in a Victoria Secret store anyhow.
Other folks have said they don't want the CC info out there, but when you pay online via the bank, or by a check you are giving out your bank information. Personally I'd rather give out CC info where I'm limited by law to a $50 loss, than write a check giving total access to my checking account to whoever looks at the check even years later.
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Old 09-10-2016, 09:04 AM   #45
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Yeah it's always funny to hear 'I only pay by cash or check' when you actually have much less protection doing it that way. You can lose cash (or have it stolen) and if anyone does draft your checking account or uses a stolen debit card or ATM credentials it's a much bigger hassle to get the money back.

Not to mention all the extra benefits you get with a lot of CCs, such as extended warranty, price protection, travel insurance, rental car collision waivers, foreign currency transactions, etc. Using a CC is a no-brainer, I only pay a few bills every month because everything is charged to cards.

This is how you win against the banks, doing it otherwise you are being taken because you're paying the costs for everyone else.
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Old 09-10-2016, 09:22 AM   #46
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Quote:
Originally Posted by JOHNNIE36 View Post
I just hate to get the credit card bills at the end of the month and having to pay for something that is already gone, like groceries. So, my fix is to charge the groceries to get the 3% cash back (AMEX), then go home and pay that credit card bill immediately through my bank on line bill pay. I just do this for any purchase in the $50 plus range. I like the 5% cash back on gas also but don't buy that much gas to really make it worth while.

Yesterday, I had to get new batteries for my golf cart. Used my 1% cash back card, went home and did a bank bill pay for $811. Got my $8 cash back which reduced the price of the batteries. Just my way of dealing with credit card debt.
Johnnie, why not just put your credit card on auto-pay? On the due date the credit card company draws the balance due from your bank account. You can turn it off if your circumstances change and it would save you that second step of ordering a check.

I keep things simple and just have a single 2% cash back card on everything that I charge.
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Old 09-10-2016, 09:24 AM   #47
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Originally Posted by GTFan View Post
Yeah it's always funny to hear 'I only pay by cash or check' when you actually have much less protection doing it that way. You can lose cash (or have it stolen) and if anyone does draft your checking account or uses a stolen debit card or ATM credentials it's a much bigger hassle to get the money back.

Not to mention all the extra benefits you get with a lot of CCs, such as extended warranty, price protection, travel insurance, rental car collision waivers, foreign currency transactions, etc. Using a CC is a no-brainer, I only pay a few bills every month because everything is charged to cards.

This is how you win against the banks, doing it otherwise you are being taken because you're paying the costs for everyone else.
+1 I received a check for over $600 from my credit card company a couple years ago after our refrigerator broke and required some expensive repairs shortly after the manufacturer's warranty period had expired but still within the extended warranty period offered by my credit card company since I put the purchase on my credit card. SWEET!
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Old 09-10-2016, 11:05 PM   #48
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The only bills I pay with my credit card are my internet and cell phone bills. The other vendors / service providers tack on fees for paying with a credit card.
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Old 09-10-2016, 11:13 PM   #49
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I paid all our insurance (house, cars, etc) with the CC, there was no fee.
I've been doing it for years, but each time it's a new agency, I just say I'd like to pay by CC how much is it ?
If they don't say a fee, or higher price, then there is none as I pay exactly what a check would be.
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Old 09-11-2016, 02:33 AM   #50
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I pay most of my purchases and household bills via a cc that gives cash back. Otherwise I am leaving money on the table. I pay the cc off every month so there is never interest fees or annual fee. I can pay my cc bill either on line or over the phone.

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Old 09-11-2016, 02:45 AM   #51
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Originally Posted by Rustic23 View Post


We have two credit cards. One is used for bills. Almost all on auto-pay. The other we charge just about all other purchaser, except restaurants that would take the card out of my view to ring up the charge. I have a prepaid card I use for gas and those times. Everything gets paid in full each month.

We do this because I got tired of replacing cards when they were cloned, most of the time at gas stations.


That happened to me too. The bank caught it and called me! Now I pay cash at the gas station... one of the few places I still use cash.

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Old 09-11-2016, 09:16 AM   #52
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For me, anything that I can pay by credit card without a fee I do as I then get 2% cash back. Other autopays go to checking account where the vendor either does not accept a credit card or imposes a fee for credit card payments. Easy money... but not much.
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