I have spent a good part of this morning paying my end of the month bills and updating and balancing "My Money"...I do most of my bill paying online. About 75% of it through MyCheckFree.com and the other 25% via the individual websites for these companies. I wish all companies were listed on MCF but they are not, in fact in January they eliminated Wells Fargo and Discover from their lists. I've looked into bill pay through my bank but they require a $25 set up fee and then $10 a month. I just can't see paying to pay my bills. I know I could set some up for automatic payments but that scares me. What happens if there is unforeseen circumstances that prevent the money from being in the bank the day it's set to be automatically withdrawn?
If they are not listed on MCF I will go to the site for that company...I absolutely refuse to pay a company extra to pay my bill online. There are many companies who require this. Call me a skin-flint...but so be it, money is money. Two of our mortgage companies allow online payments no charge, 1 charges a $10 Western Union fee monthly, and another won't take payments online. Our sewer/trash company will not take online payments period. I would love to go more checkless but it doesn't seem possible. Why is there a need for one company to charge when others don't or are all companies eventually going to charge? How do you hand your bill paying? Am I expecting too much?
I don't mind sitting and clicking a button to pay the bills, I have to spend time balancing my checkbook anyway...I do mind though the fact that it can't be done for all bills, I have to order checks every few months (I ran out a couple weeks ago, and it took a week to get new ones), and I mind terribly that these people are starting to charge us extra to pay online.
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