Online Bill Pay with your Bank

Author: maddybeagle
Posted: Sun Oct 09, 2005 5:40 pm
Post subject: MBNA Bill Pay

Polonious mentioned using this. What are folks history with it. Looks like you need to make 2 payments with it a month. Can you pay off other cc's easily with it. Is it just like making another purchase and have the same grace period? Looks like best to use it right after the statement date, to get the max. out of it?

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Author: tonygoldston
Posted: Sun Oct 09, 2005 7:45 pm
Post subject: Online Bill Pay with your Bank

I use MBNA bill pay for almost all my bills. Only ones I don't use it for are ones that will setup reoccuring payments through CCs and companies that are not in their system.

Most credit card companies are on there (AMEX, Discover, BoA, Citi) I know for sure (i don't think Cap One is)

It is treated as a balance transfer, but they waive all fees etc, so in reality it is treated as a purchase. Really good for paying bills and paying off CCs. I just recently paid of a BT on a AT&T universal (citi) card with my MBNA card, and will be doing a balance transfer in a month to pay off the MBNA card. It is great to "extend" a BT or to run some bills.

The other thing you can pay off your MBNA card with a transfer from your bank account. You go in and set it up for the day your bill is due, so you max out your interest in your account, and no worries about your bill being paid late.

I am just hoping with the BoA takeover, that they don't mess with it too much, cause I really like it.

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Author: Woolfman
Posted: Fri Oct 14, 2005 3:37 pm
Post subject: Online Bill Pay with your Bank

I use MBNA bill pay constantly.

wouldn't life be grand if all credit card companies
let you pay other credit cards without it costing a dime.

this probably won't be around much longer
seeing how Bank of America has bought MBNA.
so I am going to keep using it as much as possible before
they put a stop to it.