Question : Does any credit card offer good bill pay service?
I'm currently using bill payment service from my checking account at my bank. But I'd like to pay all the regular bills from my credit account to earn more reward points and, of course, enjoy the grace period :)It seems Visa is offering bill pay service http://usa.visa.com/personal/using_visa/pay_bills_with_visa/index.htmlDoes anybody have any experience with Visa's bill pay service? How is it?Any other cards offering the same service? Any recommendation on the issuing bank if that's relevant?
- asked by guojing168
All Answers: Answer #1 I would urge you to continue to pay your regularbills from your checking account, and not a creditcard account. I actually would recommend that younever use a credit card again. The reason is thatwhen you use money that is not your own, you areusually going to pay back more than what you use.All the credit cards have some sort of interestrate, so you are giving away money.I say continueto pay from your checking account with YOUR money.And then throw the extra money you would be payingthe credit card company (from the interest rates)in to a money market account where it will earninterest for you. - answered by Kitch
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