12 responses

  1. Wayne @ Young Family Finance
    November 29, 2012

    I’ve done this for a long time and it’s always seemed to work well. Earning cash back for doing it is also a big plus. As an added bonus, I find that I’ve save a lot of money by getting ride of late fees.

    • Dominique Brown
      November 29, 2012

      We gained enough reward points to buy 2 round trip ticket to Europe. I absolutely love my credit card :-)

  2. Barbara Friedberg
    November 24, 2012

    Hey D, Very convincing. I just redeemed $200 of Amazon gift cards from my rewards on my Chase Visa credit card. I bought my mom a gift with part of the cash and the rest is there to be used whenever, the cards never expire. I always pay in full!!!! Except once when I lost the bill. Now, I do auto pilot as well. I don’t do all my bills on auto because I like the attention to paying them and keeping mentally aware of what I’m spending.

    • Dominique Brown
      November 25, 2012

      I do everything on auto pilot and review each transaction every week via Yodlee. It’s pretty simple this way, especially when I ‘m spending according to my spending plan anyway. For double protection I get the bills sent to my email and cellphone via text alerts.

  3. Andrea
    May 31, 2012

    I'm scheduled to have my e-fund together next week, after that I'll work on a buffer in my chequing which means I'll be able to set up autopay for my creditcard, after that the only thing left to automize is my electric bill. Woo! It's nice, all I have to worry about is making sure the money is there… and everything is paid on time, every time!

  4. Marnie Byod
    May 31, 2012

    Good thing that paying credit card bill is now very much easier, no hassle anymore. Autopay is a good idea to pay credit card bill easier.
    My recent post mitchelton suburb

  5. Charles
    May 29, 2012

    I am not a fan of autopay. If my credit card expenses are predictable and consistent, I could budget so that I'll always have enough money in my checking account when it's time for the autopay. But with expenses varying so much from month to month, i would be risking overdraft on my checking account if I didn't have full control of when to make the payment every month. Sometimes, waiting a few extra days for my paycheck to clear makes all the difference when dealing with potential overdraft.
    My recent post What To Do When Friends Ask For Money

    • URFinanceSimple
      May 29, 2012

      Charles. I understand you dilemma. Fortunately for us, the possibility of overdraft is very low.Some of my expenses are are variable, but not enough to force me to ever overdraft. If I was ever in an overdraft situation, I would transfer money from my emergency fund to cover me.Do you have an emergency fund? How many times have you over drafted in the past 2 years?

  6. Dr Dean
    May 28, 2012

    Enjoying the videos-good job.
    What happens if you dispute a charge and it's been auto-paid before you notice the charge wasn't yours?

    My wife scans our bill before she does online bill pay, and I use an American Express Delta card- being in Georgia we say even if you are going to heaven you have to change planes in Atlanta…
    My recent post Nurses, Networks and Entrepreneurs

    • URFinanceSimple
      May 28, 2012

      If you dispute a charge and it's been auto paid they will credit your account.

  7. addvodka
    May 28, 2012

    That's awesome! I didn't know you could do that – it makes it a lot easier. I don't think I can do that with my credit card yet, but hopefully one day. I do the same thing – I have a rebate card, so I buy absolutely everything on my credit card and pay it off at the end of the month. The only problem is that I've forgotten before and it's accumulated interest. It's a bit pet peeve of mine!
    My recent post What I Spend To Look Good: Skin Care Edition

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