Vattené wrote:I've been using Evolve Money to make monthly bill payments thanks to Gamma and an old thread that doesn't need to be revived:
Sadly, Evolve Money is going extinct on Feb 1. I'm hoping someone knows of a similar service I could start using.
You could use it to pay just about any bill that wouldn't take credit cards (or wouldn't take them without charging an additional fee). I've been using it for mortgage, car loan, student loan, and utility bill payments. It used to be you could use a Discover credit card which was great for racking up more cash back, but a while ago they started adding a 3% fee. Debit cards have remained free for a while, though. I used my debit card because my account has a transaction requirement for earning interest.
I knew getting this for free was too good to last too long. If there's a service that will let you pay bills like this with a debit card for free (or even better a credit card), please share.
Vattené wrote:I should have thanked you a long time ago for recommending it. Have you been using it, or did you stop after they started charging for credit card payments?
I make small transactions with my debit card each month just to meet the swipe minimum. It worked out well for me that they still took debit cards for free since I could use regular monthly bills as debit swipes when I would otherwise have to just pay directly from a checking account and get nothing extra. I appreciate the Plastiq recommendation, too, but paying a 2.5% fee just doesn't make sense in my case, so I'll have to pass.
but now I see they state debit cards are free on their main account log in page. Thanks again!https://www.plastiq.com/help/ wrote:In order to provide our members with the choice to use their cards where they otherwise couldn’t, Plastiq charges a 2.5% fee for each payment (subject to change for promotional rates). In addition to the convenience and security of using Plastiq, our members also enjoy the unique ability to earn valuable rewards points for all of their most important payments.
JackLane wrote:I didn't know of Evolve Money but first time I came across such facility was Plastiq. And now RadPad. Since both of them charge a percentage or two, it wasn't worth it. If its free, then you would make money but otherwise you would essentially lose. So I never understood why someone would use such facility by losing money.