How do you make your payments?

[Anonymous]

Always online

[expatCanuck]

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@MakingProgresswrote:

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@expatCanuckwrote:

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I've never been comfortable with autopay, and don't use it for credit cards. (I will use if for utilities whose amount is predictable.)

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Since when are utilities predictable?  Winter gas bill is high and electric is lower.   Summer gas is a few dollars, and electric is through the roof. 

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In VA, our utilities are within a known range, not too extreme, and fortunately we have those funds on hand. A decade ago when we lived in a poorly insulated New England wood structure heated by electricity ... those bills were nasty.

My credit cards can have much wilder swings -- a vacation, home furnishings, a bicycle, car repairs ... .  Sometimes I might take a month or three to pay in full.

[Kevin86475391]

I login to all my account online each week and make weekly payments if they have a balance. Likewise all my non-credit card accounts - internet, electricity, phone, etc. - get checked and paid weekly if I have a bill. For me it has absolutely nothing to do with credit limits, utilization, and credit score. I have great utilization and much higher limits than I could need, and I'm not interested in micromanaging my score. Handling all my finances weekly is simply the system I've used for the past 15+ years, and I'm very happy with it. It keeps my on track with saving and budgeting goals and I like to check all my accounts that often regardless to make sure there isn't any suspicious activity -- since I'm logged in anyway why wouldn't I make a payment? The miniscule interest I'd get on keeping an extra hundred or two hundred dollars for an extra 2-3 weeks just isn't worth worrying about.

I both push and pull payments on a regular basis. I prefer to login to each account separately and make payments as I go, so more often than not I'll have each account pull payments, but sometimes I'll be logged into a checking account and see that I have more money in that particular account than I anticipated, in which case I'll choose to have it send out payments instead.

I do have autopayment setup as a failsafe on most accounts as well, but I literally don't think I've ever actually used it since I always make payments, and usually multiple payments, well before the due dates.

[MrCrabs]

I think i'm the only one who still cuts a check when receiving a statement.

[gdale6]

ACH push and pull along with paper mailed in with some.

Adding: Just realized this is a more than year old thread bumped back up as such it is being closed to further comments.