![]() ![]() Many bill pay services allow for plenty of customization. However, you can often have email or text alerts set up that let you know when a bill is due and when it has been paid automatically, so you can easily keep track of every payment for your records. You also might decide you would rather pay each bill manually rather than automatically, if you feel that would help you keep a better handle on where your money is going and when. One of the key choices you will make is whether you want all of your bills paid from one site automatically, or if you just want to use the service for one-time payments as needed. ![]() The process for online bill pay is pretty simple overall, no matter which financial institution you are working with. Quicken Bill Pay, Mint Bills and M圜heckFree are just some examples of third-party bill pay services you might choose to use. You can also use bill pay to make manual or one-time bill payments as necessary.Īlong with banks and credit unions, there also are third-party companies that offer bill pay services. So instead of paying your rent on one site, your credit card bill on another, your electric bill on another and your phone bill on yet another, you can use your billpay service to take care of all of your bills at once. This service allows you to organize all of your recurring bills in one place and pay them automatically. Pros and cons of automatic bill paymentsīill pay is a convenient service offered by many banks and credit unions. ![]()
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