5 Reasons to Use Online Bill Payment


1
Easy Organization

When you're organizationally challenged and pay bills the old-fashioned way, it can be easy to lose focus on your finances. Once the cable company has been paid for the month, the bill usually gets shredded, filed or lost in a heap of paper. If the amount suddenly changes or there are any unusual charges to your account, you might not realize it for months. But if you pay online, you can see all your records and immediately know if something is amiss. And if you use a third-party bill-payment service, everything is all there in one place for instant viewing. It's like hiring a professional organizer -- for free!

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Sources

  • Aho, Karen. "And Now, a Fee to Pay Your Bill." MSN Money. (Oct. 6, 2011) http://articles.moneycentral.msn.com/SmartSpending/ConsumerActionGuide/AndNowAFeeToPayYourBill.aspx
  • Bankrate. "Online Banking." (Oct. 4, 2011) http://www.bankrate.com/finance/checking/online-banking-1.aspx
  • Carrns, Ann. "Citibanks Adds Money-Tracking Tools to Online Banking." The New York Times. Oct. 3, 2011. (Oct. 4, 2011) http://bucks.blogs.nytimes.com/2011/10/03/citibank-adds-money-tracking-tools-to-online-banking/?scp=1&sq=ron%20lieber%20online%20bill%20payment&st=cse
  • Consumer Search. "Online Bill Paying: Reviews." March 2008. (Oct. 4, 2011) http://www.consumersearch.com/online-bill-paying
  • Dunn, Collin. "Pay Your Bills Online to Save Time, Stamps, Paper." Planet Green. Jan. 29, 2008. (Oct. 6, 2011) http://planetgreen.discovery.com/home-garden/save-time-stamps-paper-pay-you.html
  • Fiserv. "2010 Billing Household Survey." (Oct. 6, 2011) http://www.fiserv.com/RP_fiserv-2010-billing-household-survey%281%29.pdf
  • Lieber, Ron. "Automated Bill Payments are a Cinch (Not So Fast)." The New York Times. Aug. 29, 2008. (Oct. 6, 2011) http://www.nytimes.com/2008/08/30/business/yourmoney/30money.html?_r=1&em&oref=slogin
  • McCune, Jenny. "Your Online Bill Payment Options." Bankrate. (Oct. 6, 2011) http://www.bankrate.com/brm/news/ob/20040115a1.asp
  • Pinsker, Beth. "Why no killer app for paying bills online?" Reuters. Sept. 16, 2011. (Oct. 6, 2011) http://www.reuters.com/article/2011/09/16/uk-us-banking-onlinebillpay-idUSLNE78F02S20110916
  • Top Ten Reviews. "Bill Paying Services Review." (Oct. 4, 2011) http://bill-paying-services-review.toptenreviews.com/

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