cancel
Showing results for 
Search instead for 
Did you mean: 

Is this risky with Chase?

tag
mongstradamus
Super Contributor

Re: Is this risky with Chase?


@snowkitty wrote:
The same way I used to pay my utilities? I found the company, entered account number and then sent payment? Does that pull out funds immediately? Does the cc start sending bills to my banking account?

i think it depends on your bank , but my cu i think it would take few days for payment to go thru, when i did push from my banking site. If you do it directly thru the cc website, in this case chase, i think its much faster.



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 11 of 22
snowkitty
Established Contributor

Re: Is this risky with Chase?

Thanks for the info! I like how amex takes your money out within hours. I wish they all did that. I will try a few payments via boa. Especially GE since they take forever to post.
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 12 of 22
mongstradamus
Super Contributor

Re: Is this risky with Chase?


@snowkitty wrote:
Thanks for the info! I like how amex takes your money out within hours. I wish they all did that. I will try a few payments via boa. Especially GE since they take forever to post.

good luck i like to play it safe and I usually do my payments thru the cc website, i feel its quicker and more reliable that way. Tell us how it turns out with push thru Bank of America. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 13 of 22
Startome
Regular Contributor

Re: Is this risky with Chase?


@09Lexie wrote:
No, it's not considered risky at all. I run most if not all my monthly bills through either CSP, PRG or Discover. Pay them at the end of the month.

That electric bill brings tears to my eyes.

 

Just saying =(

 

I don't use AC, turn off and unplug everything but the fridge and microwave when I'm not home (All on two surge protected, so easy) and almost never use lights. I'm a single guy. So my bill is much lower. Do you have a whole family to power?

Current: EQ FICO 0, TU FICO 0, EX FICO 0 | Starting Score: 0 (08/21/2013)

Starting total revolving credit: $0 | Current total revolving credit: $1600.00

Inquiries (12 Months): EQ 3-4 TU Unsure EX Unsure | Most Recent: 8/19/2013


2013 Goals:
1,000.00 Emergency Fund
1,000.00 Emergency Fund, AGAIN
Mechanically Sound Car
Unsecured Card

Fifth Third $300
U.S. Bank Harley Davidson $300
Capital One Platinum $500
2nd Capital One Platinum $500


Message 14 of 22
snowkitty
Established Contributor

Re: Is this risky with Chase?

Yes, I have a family of 5 so I have power going all the time. Lights, tv, gaming systems, computers, laundry.....everything!!  I am constantly turning things off around the house. 


@Startome wrote:

@09Lexie wrote:
No, it's not considered risky at all. I run most if not all my monthly bills through either CSP, PRG or Discover. Pay them at the end of the month.

That electric bill brings tears to my eyes.

 

Just saying =(

 

I don't use AC, turn off and unplug everything but the fridge and microwave when I'm not home (All on two surge protected, so easy) and almost never use lights. I'm a single guy. So my bill is much lower. Do you have a whole family to power?


 

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 15 of 22
minipoly1
Contributor

Re: Is this risky with Chase?


@09Lexie wrote:
From your bank accounts online bill pay to Chase.


Too bad Chase does not support eBill anymore, which mean banks will have to send a paper check to them. Am I understand it right?


Amex BCE $17,600 | CSP $6,200 | PayPal Extras MC $3,000 | Discover $3,000 | BofA $3,000
Last app: Oct 1, 2013. No app until 2015 or new credit card with big bonus introduced.
Message 16 of 22
red259
Super Contributor

Re: Is this risky with Chase?


@mongstradamus wrote:

@snowkitty wrote:
The same way I used to pay my utilities? I found the company, entered account number and then sent payment? Does that pull out funds immediately? Does the cc start sending bills to my banking account?

i think it depends on your bank , but my cu i think it would take few days for payment to go thru, when i did push from my banking site. If you do it directly thru the cc website, in this case chase, i think its much faster.


My point is with large payments on a new card doing it through the Chase website is not going to be faster. I don't know what the cutoff amount is but on new accounts Chase drops the hold on the payment if its too large. You get credited right away for making the payment, but they don't free up your available credit for like a week unless you call them and then have them call your bank while you are on the phone. This only applies for like the first six months of the card. Obviously with smaller payments it is quicker to pay through the CC website itself as a push payment can take a 2-3 days at times. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 17 of 22
red259
Super Contributor

Re: Is this risky with Chase?

Another benefit of a push payment is that Chase will only let you pay a little more than the current balance. So if you have a lot of pending charges that have not cleared yet you can not pay them through the chase website until they post. With a push payment there is no such limitation, so its nice to be able to pay all your current and pending charges at once, especially if your trying to do so before a statement cut date when the charges are going to post right before it cuts and may not give you much time to make another payment. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 18 of 22
yudeology101
Senior Contributor

Re: Is this risky with Chase?

I got my CSP approved exactly a month & 1 day ago (Sept. 3rd), and I've already put $2.4k on it.  Made few big payments for bill (all $600 range) and no problem yet.  I'm so close to getting those sweet 40k points!  Btw, I only swiped the card physically like 3times since i got it (rest all from paying bills, etc.)  Gluck!

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
Scores: EQ:671 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *8-5-14*
Overall UTIL: 14% *Gardening Since: 1/20/16*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 since 12-12-13)
Message 19 of 22
Startome
Regular Contributor

Re: Is this risky with Chase?


@snowkitty wrote:

Yes, I have a family of 5 so I have power going all the time. Lights, tv, gaming systems, computers, laundry.....everything!!  I am constantly turning things off around the house. 



Oh my, your bill suddenly makes sense. In fact, you do a pretty good job of keeping it low lol

Current: EQ FICO 0, TU FICO 0, EX FICO 0 | Starting Score: 0 (08/21/2013)

Starting total revolving credit: $0 | Current total revolving credit: $1600.00

Inquiries (12 Months): EQ 3-4 TU Unsure EX Unsure | Most Recent: 8/19/2013


2013 Goals:
1,000.00 Emergency Fund
1,000.00 Emergency Fund, AGAIN
Mechanically Sound Car
Unsecured Card

Fifth Third $300
U.S. Bank Harley Davidson $300
Capital One Platinum $500
2nd Capital One Platinum $500


Message 20 of 22
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.