Charge Smart Bill Payments Reviews

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4 posts
FutureBillionaire
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Charge Smart Bill Payments Reviews

Postby FutureBillionaire » Tue Sep 04, 2012 5:25 pm

Has anyone used Charge Smart? I want to pay everything I have with a credit card...
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape


kcarter609
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Postby kcarter609 » Tue Sep 04, 2012 5:43 pm

I just looked it up after you mentioned it, and it's expensive. $9.95 to make a $400 payment for my car? I'd only get back $4 in rewards. Not worth it at all.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

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djrez4
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Postby djrez4 » Tue Sep 04, 2012 5:56 pm

kcarter609 wrote:I just looked it up after you mentioned it, and it's expensive. $9.95 to make a $400 payment for my car? I'd only get back $4 in rewards. Not worth it at all.


And math wins. Even if you get a category bonus for, say, travel, I'm pretty sure the charge shows up as Charge Smart and not as a bonus category. Maybe you could get a 5% category on a Cash+ card for bill pay, but I really don't think you come out ahead on this one.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

trumpet-205
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Postby trumpet-205 » Tue Sep 04, 2012 7:32 pm

Discover used to offer rebate on Charge Smart, effectively making it free to make a credit card payment.

However, since Discover ended the rebate, Charge Smart actually cost significantly more most of the time.

For example, my PG&E bill of $80 would cost $5 from Charge Smart and $1.45 from PG&E phone payment. Obviously no brainer to use PG&E phone payment system.

Charge Smart DOES label the transaction as utility bill, however not automatic recuring charges that US Bank Bill Pay category needs.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)



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