> The benefit for a daily payment is pretty low compared to the costs. Agreed. I can't imagine having to balance my checking account with a daily transaction.

> The benefit for a daily payment is pretty low compared to the costs. Agreed. I can't imagine having to balance my checking account with a daily transaction. It would be much harder to catch an error or a one-off when you didn't get paid too. Is my mortgage going to start deducting daily too? Both those things seem insane. Also you are limited to 6 ACH transactions a month to a savings or money market account.