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Does anyone know of a credit card that offers push payments? For anyone here not familiar with push payments, this is when a financial institution--usually a bank--sends recurring payments for a bill of some kind without payment being requested (or pulled) by the recipient of the payment.
huh?
I assume you mean like a checking account bill pay service. To my knowledge, no CC offers this (I could be wrong of course). The "risk" for fraud is too great. You could push payments to yourself, your family members, $0 balance credit cards - in effect getting a $0/0% cash advance.
@CBrent wrote:
I mean the latter. I want to push payments to Sprint. Unfortunately, Capital One doesn't offer this.
Why don't you just set your Sprint bill on autopay with your Capital One card as the source of payments?
Bleh. I didn't read completely before I posted. Please ignore me.
@CBrent wrote:
It's a little complicated. My employer pays my cell phone bill, so each month that amount is automatically charged to my company AmEx. Recently I purchased an iPhone through Sprint's monthly payment plan, which adds and additional $30 to my monthly bill. I only want my employer to pay for my cell service, however, and not the additional $30. Alas, Sprint can't divide the bill, so I'm having to manually make the $30 payment each month a few days before my AmEx is billed.
Are you a millennial by any chance?