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Established Member
henchita
Posts: 23
Registered: ‎03-29-2012

Using Credit Cards to pay for bills?

Just wondering if anyone does this...lately I keep using either checks and bank card to pay for my bills, so I was thinking if its coming out of my bank account anyways why not use my credit card that offers me rewards to pay for those things???  Is this a stupid idea?? or does everyone do this and I am just the last one on earth?


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Goal Score: 720 ALL


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Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011

Re: Using Credit Cards to pay for bills?

It's extremely common.  Thought process is pretty much like you said, it's all coming out of your bank so you may as well get some rewards for it.  It's gotten so popular Verizon tried to charge a fee to pay with a CC but due to the massive amount of public backlash they changed their tune. 

Valued Member
Jkusa
Posts: 38
Registered: ‎10-15-2012

Re: Using Credit Cards to pay for bills?


henchita wrote:

Just wondering if anyone does this...lately I keep using either checks and bank card to pay for my bills, so I was thinking if its coming out of my bank account anyways why not use my credit card that offers me rewards to pay for those things???  Is this a stupid idea?? or does everyone do this and I am just the last one on earth?


ding ding ding ding... j/k

 

I pay everthing possible on my rewards CC

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Current Score: EQ 685 TU 683 EX 699 (their sites FAKO) all as of 03/02/13
Goal Score: 700


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HiLine
Posts: 2,831
Registered: ‎10-19-2012

Re: Using Credit Cards to pay for bills?


henchita wrote:

Just wondering if anyone does this...lately I keep using either checks and bank card to pay for my bills, so I was thinking if its coming out of my bank account anyways why not use my credit card that offers me rewards to pay for those things???  Is this a stupid idea?? or does everyone do this and I am just the last one on earth?


You're right in the middle there buddy. Go for it! :robottongue:

 

Established Contributor
BrokaToe
Posts: 726
Registered: ‎05-12-2012

Re: Using Credit Cards to pay for bills?

If one of my bills will accept a credit card then I will use it. Getting rewards back for paying bills is an excellent advantage IMO. There's actually only 1 or 2 bills that I can't pay with credit cards, all the rest I do. I've done it this way for a long long time.


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Valued Contributor
Rhaeny
Posts: 1,507
Registered: ‎07-24-2011

Re: Using Credit Cards to pay for bills?

It's okay, everybody has a blonde moment :smileyhappy:

I pay for EVERYTHING that I can with my CC to maximize any and every reward available to me. I pay all of my bills by putting them on autopay to my CC. That way I'm not worried about late charges and forgotten payments. It also means I have less number of bills to pay. So yep you are on the right track!!

Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Regular Contributor
Matt6995
Posts: 112
Registered: ‎03-07-2013

Re: Using Credit Cards to pay for bills?

Just chiming in to agree with everyone else.

 

Get rewards to pay bills.....who would have thought.

 

 

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Using Credit Cards to pay for bills?


henchita wrote:

Just wondering if anyone does this...lately I keep using either checks and bank card to pay for my bills, so I was thinking if its coming out of my bank account anyways why not use my credit card that offers me rewards to pay for those things???  Is this a stupid idea?? or does everyone do this and I am just the last one on earth?


Pretty much :smileywink:

 




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Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Established Contributor
zerobacan
Posts: 726
Registered: ‎01-13-2013

Re: Using Credit Cards to pay for bills?

Just make sure you schedule them after or before your statement cut, not in the middle of the due date and the statement cut... :smileyvery-happy:

Amex PRG NPSL, Amex Delta 2k (AU) Discover iT 5k, BOFA Siggy $5k, BOFA AlaskaAir Siggy 5k, BBVA Compass $5k! Macy's $4.5k, C1 $2.5, SFCU $2.5k, SFCU LOC $2k, Paypal SmartC $4k, Sam's 5.5k Victoria Secret $2k, Kay's $1.7k.,76/Citi $1.5k Amazon $5k, Walmart Disco $3k JC Penny $4k, C1 $2.5, BBRZ 700.
Starting:TU:536 EXP:561 : EQ:552 Current:TU:680 Walmart (2-15-14)EXP:712 FICO!! (12-4-13):EQ:622 (FICO 2-6-14) Uti 27% Goal: 720 By 12-13.
Frequent Contributor
sarkell
Posts: 345
Registered: ‎02-27-2013

Re: Using Credit Cards to pay for bills?

My Barclays I get 2% back on utilities. I just can't do it on car insurance and lease payment.
Cards: CSP $5k, Capital One Cash Rewards VS $3100, Discover it $3k Capital One MasterCard $600, Orchard Bank $3k, Barclays Rewards MC $1250 Gapcard $900, BR $300, Neiman Marcus $1k, Macys $1200 Walmart $500
In the garden until I can get a BCP

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Current Score: 682 EQ SW 660 TU 636 EX 3/26/13
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