Credit card payment

[Exile]

Use your bank's online bill pay to make the payment. It's faster, easier, and gives you a record of payment.

This is good advice. When I was working as a collector, I don't know how many times customers would get upset with me when I told them that their payment was not received.

Their response was "I know I mailed it, so you must have received it."

[money2008]

I agree with everyone. On-line banking is the way to go to avoid these hassles. I believe many banks, credit card accounts as well as on-line sites (paymybill.com) allow this.

[Exile]

Why go through the inconvenience and expense when you can do it on line for free?

[maat55]

Use your bank's online bill pay to make the payment. It's faster, easier, and gives you a record of payment.

I agree, for paying CC's, online is by far the best way.

[noppenbd]

I prefer paying on the credit card company's site as opposed using to my bank's online bill pay.

Your bank has no reason to make a speedy payment but the credit card company makes sure it collects.

I would have to disagree as well. The credit card company has every reason to delay processing your payment. These days the CC companies are making more money off of late fees and overlimit fees than ever. Many of them are reducing the time you get between receiving the bill and when payment needs to be received for just this reason. Besides, most credit card payments from the bank's online bill pay are processed electronically, so there really is not much chance it won't go through in time. I always pay the bill a couple of days early, that way if something gets screwed up I still have time to clear it up before the due date (FYI that has never happened to me).
-Dave

[sweeps]

Your bank has no reason to make a speedy payment

They want to keep you as a customer, right?

I would flip this around the other way and say your credit card company has little incentive to keep your bank information secure.

most credit card payments from the bank's online bill pay are processed electronically

Online payments from your bank are usually transmitted electronically as well. Especially to the major credit card companies. My payments go through in 1 day.

[prosper]

What if you send a check for credit card payment, and company says they never received check. What proof do you have you sent it? Just wondering.
Thanks!

Credit companys, in my opinion, are no different than a used car salesman trying to sell a irresponsible or uninformed buyer a lemon. Your best bet is to probably start paying your bill online. Its faster and you are provided with a confirmation number.

[danwas44]

Pay on-line or by CC

Highly recommend paying either on-line bill payment or by CC (always pay off total each month). If you are concerned about the bank potentially not sending it, do it as soon as you get the bill and verify when it gets credited to your account.

The reason I suggest either on-line bill or CC, is that you can track your expenses more easily (and automatically), categorize them, and keep your spending down. This gives you more money to play with

[s.jenkins]

can't you do this online?