In this section:
See if your bank offers bill pay!
What's in it for me?
Switching to eBills and online bill pay has many advantages. Probably the best one of all is that it’s FREE! Not only can you have your bills delivered electronically, you can pay them online without paying a cent for stamps or envelopes.
“If you haven't started paying all your bills online, you're missing out on one of the best and fastest-growing uses of the Internet. Most banks, savings and loans, and credit unions offer free online bill payment to their customers, saving you the cost of stamps and printed checks.”
~ Terry Savage, "The Savage Number"
Other great benefits of receiving and paying bills online include:
- Convenience – You don’t have to be at home to view or pay bills. You can access them quickly and securely online anytime from anywhere.
- Control – Online bill pay and eBills are not the same as an automatic draft where the same amount is deducted from your checking account every month. Instead, you're in charge of when payments get scheduled and the amount you pay.
- Safeguard Your Credit Score – You can receive e-mail reminders when bills are due and schedule automatic payments so your bills are paid on time, which helps you maintain good credit.
- Greater Organization – The days of having stacks of bills on your desk are history. Plus, there’s no filing because your billing info is available online.
- Enhanced Security – Replacing paper bills with electronic versions allows you to reduce the flow of personal information from unsecured mailboxes, where paper mail can be a target for theft. Check out Six Ways to Protect Yourself Online.
- Environmentally Friendly – Using green-friendly eBills and online bill pay reduces the demand for paper and that helps reduce solid waste and curb the release of greenhouse gases. Paper Statements vs. Electronic Bills.
