Wednesday, March 5, 2008

Paying Bills On-line

How many bills do you pay via mail? Suppose you pay the following bills per month:Water, Electricity, Credit Card, Cable/Satellite, Phone, Cell Phone. That means you would have to mail out 7 envelopes each costing around $.41 cents (or today's standard rate). That means you spend $34.44 a year paying bills just alone. Plus that is 84 checks you have to write a year. By the time you use all 84 checks you may have to buy another block of checks at about $10.00.If you pay by on-line via credit card you can accomplish several things 1) You save about $34.44 per year 2) You can apply receive credit card points just for paying your bills (That is if you card offers reward points). Lets think about this; Lets say you spend about $400 on bills per month. If you pay on your rewards credit card you can earn 400 points (if its a one for one point system) per month. That is 2800 points per year.

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