RadPad

A place to discuss anything... except credit cards!
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MB131174
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RadPad

Postby MB131174 » Wed Jan 07, 2015 9:04 pm

Has anyone used this?
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samhradh
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Postby samhradh » Thu Jan 08, 2015 10:12 am

Nope. I have popmoney payment set up through Ally to send rent every month automatically. Easy and free.

RE: Radpad...this website looks like a copy of every other start up out there. Squarespace is slowly taking over the web. At the sake of unique, fun design IMO. Anyway. WRT to the service, it's 2.99% to use a CC and free if you use a debit card and rent is under $5K.

$500 x .0299 = $14.95.

Almost $15 to pay my rent using a credit card? I can't think of any reason that makes sense. I had to LOL at the FAQ that use the Arrival+ sign-up bonus and rewards structure as rational for using a CC.

$500 x 2 = 1000 points = $10 in travel credit. Fee to use RadPad is not offset even when adding in the .2% earned back.

If you have something like the Discover bank account maybe this makes sense. But it's not that hard to set up payments via bank.
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).

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Vattené
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Postby Vattené » Thu Jan 08, 2015 4:06 pm

Yeah there really is no benefit to using a credit card. Is this mainly for people that can't afford to pay their rent? So at least they stay current? I can see using the service to pay with a debit card if only to save a stamp. And their guarantee that the check THEY mail is received in time, for whatever it's worth.

The Arrival+ example was pretty ridiculous, but I got the biggest kick out of how much of a hassle they make sending a check out to be. I can just see the infomercial now: someone sits down at a desk to make out a check, in black and white of course. She gets a hand cramp and starts dramatically flinging her wrist and sighing heavily. Maybe she goes to put it in an envelope, gets a paper cut, and starts gushing blood. There's GOT to be a better way!
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plus several store accounts of varying usefulness now

MB131174
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Postby MB131174 » Thu Jan 08, 2015 7:08 pm

Vattené wrote:Yeah there really is no benefit to using a credit card. Is this mainly for people that can't afford to pay their rent? So at least they stay current? I can see using the service to pay with a debit card if only to save a stamp. And their guarantee that the check THEY mail is received in time, for whatever it's worth.

The Arrival+ example was pretty ridiculous, but I got the biggest kick out of how much of a hassle they make sending a check out to be. I can just see the infomercial now: someone sits down at a desk to make out a check, in black and white of course. She gets a hand cramp and starts dramatically flinging her wrist and sighing heavily. Maybe she goes to put it in an envelope, gets a paper cut, and starts gushing blood. There's GOT to be a better way!


THIS! This made me rofl.
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MB131174
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Postby MB131174 » Thu Jan 08, 2015 7:11 pm

I could see it being OK in a pinch - unexpected bills other than rent, etc. Or maybe you're only a few hundred away from meeting a spend requirement for bonus points and the end of the spend period is almost up. No one should rely on it as a way to pay, even if they PIF monthly. The fee eats it up any rewards.
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Gamma
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Postby Gamma » Thu Jan 08, 2015 8:24 pm

I use Evolve Money. It used to let you pay for big monthly expenses like mortgages, car loans, etc with Discover credit card for free, but now they changed that so only small bills like electric/gas bills can be paid with Discover. It's still free and comes out as purchase and earns cashback. Later this year they announced they will accept Visa/MasterCard as other forms of payment for free.



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