topic Re: Which credit cards support ebills? in Credit Cards

Which credit cards support ebills?

Green456 — Sun, 12 May 2019 22:43:40 GMT

Definition of ebill:

Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

Example:

BECU is able to recieve ebill from BoA and then respond to it by paying entire statement balance.

My primarmy financial institution is:

Chase

I am able to recieve ebill statements from:

Bank of America Cashback

Citi DC

Discover Cashback

I am unable to recieve ebills from:

Wells Fargo

US Bank

What about these? Do they support ebills?

PenFed

PNC Bank

Capital One

DCU

Republic Bank

Re: Which credit cards support ebills?

Revelate — Sun, 12 May 2019 22:24:37 GMT

@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback

I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

Re: Which credit cards support ebills?

Remedios — Sun, 12 May 2019 22:31:32 GMT

@Revelate wrote:
@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback

I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

I think OP is trying to avoid providing payment info to CC companies directly. If autopay was utilized, they would have to.

Or at least that's my understanding ..

Re: Which credit cards support ebills?

Green456 — Sun, 12 May 2019 22:32:48 GMT

@Revelate wrote:
@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback

I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

No I do not want to use auto pay. Wells Fargo, Chase, US Bank Credit Cards offer it. Heck, even ancient Fort Knox FCU Gas Card offers it. They require you to put in your primary institution routing and account number and I do not want to share that information with credit card company.

Re: Which credit cards support ebills?

Green456 — Sun, 12 May 2019 22:36:34 GMT

@Remedios wrote:
@Revelate wrote:
@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback
I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

I think OP is trying to avoid providing payment info to CC companies directly. If autopay was utilized, they would have to.

That is exactly what I am trying to avoid!

Re: Which credit cards support ebills?

Anonymous — Sun, 12 May 2019 22:41:22 GMT

@Green456 wrote:
@Remedios wrote:
@Revelate wrote:
@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback
I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

I think OP is trying to avoid providing payment info to CC companies directly. If autopay was utilized, they would have to.

That is exactly what I am trying to avoid!

I can understand not doing that for a sketchy merchant, but are the TBTF banks really going to misuse your account info?

Also, who takes responsibility if the payment is late for some reason: the bank making the payment? With autopay on the issuers site, if there is money in the bank account, it's up to them to take the money on time.

Re: Which credit cards support ebills?

Green456 — Sun, 12 May 2019 22:45:45 GMT

@Anonymous wrote:
I can understand not doing that for a sketchy merchant, but are the TBTF banks really going to misuse your account info?

Also, who takes responsibility if the payment is late for some reason: the bank making the payment? With autopay on the issuers site, if there is money in the bank account, it's up to them to take the money on time.

It makes it easier for me to see everything in one place instead of logging into 5 credit card institutions to look at the statement.

Re: Which credit cards support ebills?

Anonymous — Sun, 12 May 2019 22:47:28 GMT

Yeah delays with bill pay do happen (had it happen to me last month) and the responsibility for the late payment fee will fall on the sending bank as long as you scheduled the payment far enough in advance but any AA taken against you for the late payment isn’t their problem. I am fortunate that I actually didn’t have a payment due when I sent this push that ended up being delivered late but I will go back to initiating pull from my issuer’s apps for everyone except Synchrony as a result of this scare (and that’s just because Synchrony is a pain with their portals, if I ever have a delay with them I’ll go to pull payments there too).

It’s a moot point for me though since between both FirstBank and DCU, only Discover offers ebills.

Re: Which credit cards support ebills?

Remedios — Sun, 12 May 2019 23:07:49 GMT

@Green456 wrote:
@Anonymous wrote:
I can understand not doing that for a sketchy merchant, but are the TBTF banks really going to misuse your account info?

Also, who takes responsibility if the payment is late for some reason: the bank making the payment? With autopay on the issuers site, if there is money in the bank account, it's up to them to take the money on time.
It makes it easier for me to see everything in one place instead of logging into 5 credit card institutions to look at the statement.

You should always look at the individual statements, especially if you are not logging into apps. It would take whole 5 min to ensure there is nothing wrong or sketchy going on.

If you do have apps, and you're using them, I am failing to see how either paying manually or via autopay is an issue when you're already "there"

Re: Which credit cards support ebills?

Anonymous — Mon, 13 May 2019 06:34:02 GMT

The way ACH transfers work, the receiving institution knows exactly the routing number and account number where a payment originated. I don't understand the point of not providing that information...perhaps the best solution is to write paper checks but even then MICR will ensure that the routing and account numbers are recorded.

Re: Which credit cards support ebills?

Revelate — Mon, 13 May 2019 02:43:13 GMT

@Green456 wrote:
@Revelate wrote:
@Green456 wrote:
Definition of ebill:
Credit card company being able to push statement into primary banking institution which in turn can respond to such statement and automatically pay statement balance.

My primarmy financial institution is:
Chase

I am able to recieve statements from:
Bank of America Cashback
Citi DC
Discover Cashback

I think what you're looking for is autopay rather than ebills.

Far easier to setup and can easily be set for statement balance; all of the CC's you list can be setup in such a fashion. Most CC's in my experience support that, there's the occasional backward one like JCB used to be that doesn't support it but they're the only one that I've come across that doesn't support sort of autopay out of like 20 different financial insitutions.

No I do not want to use auto pay. Wells Fargo, Chase, US Bank Credit Cards offer it. Heck, even ancient Fort Knox FCU Gas Card offers it. They require you to put in your primary institution routing and account number and I do not want to share that information with credit card company.

They will get it anyway using ebills: the transaction gets tied to your specific account: ebill = electronic or paper check anyway.

ETA: Ah Maizeandblue beat me to it!

Re: Which credit cards support ebills?

Anonymous — Mon, 13 May 2019 03:45:10 GMT

@Revelate wrote:
They will get it anyway using ebills: the transaction gets tied to your specific account: ebill = electronic or paper check anyway.

ETA: Ah Maizeandblue beat me to it!

Is that always the case? I had assumed that the process sent a check/ACH from say "Bank X Bill Pay account". Internally, they have debited my account and added the amount to their bill pay account, but that the receiver would not get my actual Bank X account number.

Re: Which credit cards support ebills?

Revelate — Mon, 13 May 2019 04:53:41 GMT

@Anonymous wrote:
@Revelate wrote:
They will get it anyway using ebills: the transaction gets tied to your specific account: ebill = electronic or paper check anyway.

ETA: Ah Maizeandblue beat me to it!

Is that always the case? I had assumed that the process sent a check/ACH from say "Bank X Bill Pay account". Internally, they have debited my account and added the amount to their bill pay account, but that the receiver would not get my actual Bank X account number.

AFAIK yes, as I understand it though I've never looked at the regulations in question it is mandatory: originating bank (routing number, or at least this can be easily derived as they're publically posted) and account # (personal id) are requirements for any electronic transaction to track the monetary flow.

The paper check version would have to have this even to withdraw the money, the electronic one there's still a similar receipt.

Re: Which credit cards support ebills?

Anonymous — Mon, 13 May 2019 06:05:33 GMT

Bank routing numbers are public information. You can go to any bank website and get their routing number even if you are not a customer. It’s also part of the numbers on paper checks.

Any debit (like an ebill payment) will happen via ACH which means they will get your account number.

Again, all of this info is on paper check that you have been sending for years. What exactly are you afraid they will do with this info? Steal your money? They have legal ways of stealing your money...it’s called interest and fees jk

Re: Which credit cards support ebills?

UncleB — Mon, 13 May 2019 08:24:48 GMT

We might be talking about different things here, or perhaps I'm confused (which is very possible)...

When I think of ebill, I think of the actual billing statement (.pdf) being delivered to my bank, where I can access it without having to go to the individual web sites.

Several of my banks/creditors offer this, as well as State Farm and Dish Network. I get an email from USAA that my ebill is available, and I go to the USAA website (not the creditor's website) to view the bill.

@Green456 is this what you're referring to? I saw where you mentioned the bank having the ability to automatically pay the bill, and while that might be available with my current setup I've never explored it (I'm somewhat old-fashioned in that I like to push payments manually).

Re: Which credit cards support ebills?

Green456 — Mon, 13 May 2019 11:29:47 GMT

@UncleB wrote:
We might be talking about different things here, or perhaps I'm confused (which is very possible)...

When I think of ebill, I think of the actual billing statement (.pdf) being delivered to my bank, where I can access it without having to go to the individual web sites.

Several of my banks/creditors offer this, as well as State Farm and Dish Network. I get an email from USAA that my ebill is available, and I go to the USAA website (not the creditor's website) to view the bill.

@Green456 is this what you're referring to? I saw where you mentioned the bank having the ability to automatically pay the bill, and while that might be available with my current setup I've never explored it (I'm somewhat old-fashioned in that I like to push payments manually).

Yup. This is what I like. Your bank is most likely able to automatically pay the statement balance whether it’s from your credit card, dish network or cell phone provider. It makes life much easier.

Re: Which credit cards support ebills?

NRB525 — Mon, 13 May 2019 11:30:40 GMT

@Green456 wrote:
@Revelate wrote:
@Green456 wrote:
Definition of ebill:

I think what you're looking for is autopay rather than ebills.

No I do not want to use auto pay. Wells Fargo, Chase, US Bank Credit Cards offer it. Heck, even ancient Fort Knox FCU Gas Card offers it. They require you to put in your primary institution routing and account number and I do not want to share that information with credit card company.

Anyone you write a check to can get the routing number, your account, and your address off the paper check.

I have four active checking accounts for various reasons, and all of my 9 credit card banks have two to four of those check account numbers in them. The checking accounts are also confirmed ( through small deposit confirmations sent and retrieved ) to prove I own all those accounts so I can move money between the checking accounts.

Your fears are unfounded OP. The entire banking system, both checking and credit cards, as well as mortgage loans, auto loans, student loans, is built with your protections in mind.

The proof of of this is all the people here who have late payments on their CC reports. 30, 60, 90, 120 days and more, on multiple cards. If your fears about a CCC “grabbing my money!” had any possibility to happen in reality, all these lates would not happen because the CCC would have already taken action the day after a CC Payment Due Date to grab the minimum payment from each of these cardholders.

Here’s the spoiler alert: THEY DO NOT DO THAT. As a result, people are able to build up masses of lates by not doing anything. The CCC will call the cardholders but cannot “grab their money” without going to a court procedure.

So back to your original fear, set up your bank info on each credit card, and use the autopay initiated from the CCC side to pull from your checking account.

Re: Which credit cards support ebills?

Green456 — Mon, 13 May 2019 12:05:31 GMT

@NRB525 wrote:
@Green456 wrote:
@Revelate wrote:
@Green456 wrote:
Definition of ebill:

I think what you're looking for is autopay rather than ebills.

No I do not want to use auto pay. Wells Fargo, Chase, US Bank Credit Cards offer it. Heck, even ancient Fort Knox FCU Gas Card offers it. They require you to put in your primary institution routing and account number and I do not want to share that information with credit card company.
Anyone you write a check to can get the routing number, your account, and your address off the paper check.

I have four active checking accounts for various reasons, and all of my 9 credit card banks have two to four of those check account numbers in them. The checking accounts are also confirmed ( through small deposit confirmations sent and retrieved ) to prove I own all those accounts so I can move money between the checking accounts.

Your fears are unfounded OP. The entire banking system, both checking and credit cards, as well as mortgage loans, auto loans, student loans, is built with your protections in mind.

The proof of of this is all the people here who have late payments on their CC reports. 30, 60, 90, 120 days and more, on multiple cards. If your fears about a CCC “grabbing my money!” had any possibility to happen in reality, all these lates would not happen because the CCC would have already taken action the day after a CC Payment Due Date to grab the minimum payment from each of these cardholders.

Here’s the spoiler alert: THEY DO NOT DO THAT. As a result, people are able to build up masses of lates by not doing anything. The CCC will call the cardholders but cannot “grab their money” without going to a court procedure.

So back to your original fear, set up your bank info on each credit card, and use the autopay initiated from the CCC side to pull from your checking account.

Thank you for re-assuring me. I sitll want ebills for ease of use. It makes my life easier to open my bank website and see all statements in one place. Now if you used any of the CCs I mentioned such as PenFed or PNC please let me know.

Re: Which credit cards support ebills?

UncleB — Mon, 13 May 2019 12:53:05 GMT

@Green456 wrote:

Now if you used any of the CCs I mentioned such as PenFed or PNC please let me know.

The only bank that we share that you're needing data points on is Capital One, and for me neither USAA nor Wells Fargo show that ebills are available which suggests that possibly Capital One doesn't offer the capability.

This might not be useful to you, but in case someone else is wondering USAA indicates ebills are available for the following banks/cards (there certainly quite a few more, these are just the cards that I have that offer ebills):

American Express
Bank of America
Care Credit
Lowe's
Citi
Discover
Sam's Club MasterCard

(Note that USAA indicates that ebills are not offered for Belk, which is strange since ebills are available for my other Synchrony accounts. Possibly this is just a glitch within the USAA dashboard.)

Re: Which credit cards support ebills?

Anonymous — Mon, 13 May 2019 13:05:18 GMT

UncleB ... been with USAA for several years and did not know they had "bill pay" ... wonders never cease