Paying utility bills with your credit card to earn rewards?

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11 posts
Snakeinthebag
 
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Location: Columbus, Ohio

Paying utility bills with your credit card to earn rewards?

Postby Snakeinthebag » Sat Jul 07, 2012 3:04 am

Is this an easy way to earn points? Paying my bills with the card, then immediately pay off what I just used.

Example: say my electric bill is $72, pay with the freedom card, then pay $72 towards the card.


hematino
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Postby hematino » Sat Jul 07, 2012 11:38 pm

In theory it is a pretty easy way to earn points, since you have to pay utilities anyway. I think it depends on the company though. For example, my local electric company doesn't like credit cards and charges I think $7.95 fee to use a card for payment. It could still be done though, if I were to prepay a large sum in advance, but to me its cheaper to write checks for electric. Ditto for my car insurance and renter's insurance. All my other utilities like cable, phone, internet, stuff like that, those companies don't charge me so I pay with CC every time.
Now she's eyeless.
The snakes she held once
Eat up her hands.

jeffysdad
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Postby jeffysdad » Sun Jul 08, 2012 5:49 am

I pay phone, internet, electricity and insurance with CC and am not charged a fee. I wouldn't do it if a fee was involved. A service provider might charge a fee for a one-time payment but perhaps not for autopay by cc; you should check.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.


lucasoil4u
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Postby lucasoil4u » Tue Jul 17, 2012 11:24 am

Pay as much as you can with the card! More rewards for you!

jlam572
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Postby jlam572 » Sat Aug 04, 2012 9:58 pm

Yup, I do this. I also pay 2 of my student loans with my card to get points. My landline doesnt take amex, but will take paypal which is linked to my amex lol!
American Express Platinum
Chase Sapphire Preferred
Hawaiian Airlines BOH MC
USAA Amex
Capital One Visa Platinum
Citi Diamond Preferred MC

DavidNY
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Postby DavidNY » Sat Aug 04, 2012 11:05 pm

Yes, I use a 2% cash back card to do this since the Chase Freedom only gives 1% for paying bills.

hematino
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Postby hematino » Sun Aug 05, 2012 2:53 am

Jeffysdad,
Sorry I had forgotten to post back, but i called my local provider (Atlantic City Electric) cause they keep trying to cram autopay down customers' throats. I told them point blank that I'd love to do autopay if they could link with my credit card and they told me they only operate like that through direct bank account debits. I'm certainly not giving them my permission to grub into my bank acccount every month-- it sucks that they are not as modern as some of the other companies. Ditto with my auto insurance, but my renter's insurance is now taking my credit card, so thanks!
Now she's eyeless.
The snakes she held once
Eat up her hands.


jeffysdad
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Postby jeffysdad » Sun Aug 05, 2012 6:02 am

No worries, Hematino. Some places will only do auto debit to checking accounts because they don't want to pay the interchange fees, obviously.

My insurance provider (Farm Bureau) is a bit of a hybrid. They will not auto debit from a credit card, only checking. However, you can pay online with a credit card and there is no fee. I would prefer auto debit, but I'll pay online to get the points.

Watch out with auto debit to anything other than a checking account, for instance savings. There are banking rules against that, I was told once by ING Direct.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

Gothicmoocow
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Location: Arizona

Postby Gothicmoocow » Sun Aug 19, 2012 9:22 pm

What I do is keep my Bank Cards at home and take my reward credit cards. At the end of the month I pay them all off completely and so far its worked out nicely. My electric company however does charge for using a credit card so in those instances I just send out a check.
lucasoil4u wrote:Pay as much as you can with the card! More rewards for you!


AMEN!
DavidNY wrote:Yes, I use a 2% cash back card to do this since the Chase Freedom only gives 1% for paying bills.
The US Bank Visa offers 5% cash back on paying bills. Best part is you can do it year round instead of just getting the categories they choose for you.

dougw
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Postby dougw » Tue Aug 21, 2012 5:28 pm

There are several services including ChargeSmart.com that let you pay utility bills and many other ordinary bills with a credit card. They have fees but sometimes the fees are less than the rewards. This link lists a few services that do this.



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