Talk of The Villages Florida - View Single Post - eBills vs Autopay, via bank or direct with vendor: Which is better?
Thread: eBills vs Autopay, via bank or direct with vendor: Which is better?
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Old 08-27-2023, 08:26 AM
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Originally Posted by ElDiabloJoe View Post
ToyMeister and CoackKandMe, thanks for your clarifications. All these methods are superior to the P.O.S. BillPay I'm hassling with at Truist (Formerly SunTrust and BB&T) bank. Wells Fargo was better at BillPay than Truist, but I'm in a state half the time in which the nearest Wells Fargo is 3 hours away in another state.

The biggest downside I am seeing is the initial set up. Looking back at bills for the past year for an idea of the highest monthly bill from that vendor/utility/creditor/whatever is gonna be a bit of a project.

Thank you for sharing your ideas, practices, and advice.
I am trying to figure out why someone would prefer to pay a monthly fixed amount, based on the highest annual monthly bill, versus simply going auto pay for the exact amount due? It only takes a few minutes each month to reconcile the billing statement to the auto pay and record and file information for your records. What is the advantage of this method, I’m always looking for ways to simplify life?