PayPal Bill Pay + Credit Card = Rewards

Anonymous · ‎03-17-2022

PayPal Bill Pay allows you to pay certain payees with a credit card without a fee, including payees that don't accept credit cards as a form of payment and those that do accept credit card but normally charge a fee. For some, this could provide significantly more credit card rewards.

https://www.paypal.com/us/digital-wallet/manage-money/pay-bills

Some payees that are available in PayPal Bill Pay limit the payment method to bank accounts only (e.g. mortgage payments).

There are a couple of limitations with PayPal Bill Pay. First, the payee has to be listed in PayPal. PayPal doesn't allow you to add new payees. Second, if your payee doesn't take regular PayPal as a payment type, you can't set up autopay with PayPal Bill Pay. You have to schedule each and every payment.

LawStudentCivilis · ‎03-18-2022

Thanks! Now that my gas bill has skyrocketed, I will check to see if they're a payee.

Sharpism · ‎03-18-2022

I would be curious if you can set this up to be paid out of your PayPal Credit account, or if it had to be a seperate crefit card to add to your PayPal account, or if it strictly had to be from your PayPal balance.

I don't have a need for it but I'm sure others would find that to be a great way to pay their bills and have extra cash flow for a short period of time. I don't use PayPal a significant amount so I'm not sure what's possible or not in this scenario. Subscribed and looking forward to reading others knowledge on the matter.

Anonymous · ‎03-18-2022

@Sharpism wrote:
I would be curious if you can set this up to be paid out of your PayPal Credit account, or if it had to be a seperate crefit card to add to your PayPal account, or if it strictly had to be from your PayPal balance.

I don't have a need for it but I'm sure others would find that to be a great way to pay their bills and have extra cash flow for a short period of time. I don't use PayPal a significant amount so I'm not sure what's possible or not in this scenario. Subscribed and looking forward to reading others knowledge on the matter.

You're able to pick your payment method (cc, debit, bank account, PayPal balance) when you pay the bill. For my use cases, the primary benefit is receiving credit card rewards on purchases that are usually not eligible for payment by cc.

Sharpism · ‎03-18-2022

Appreciate the reply. Very interesting. Will have to give it a try sometime.