4 ms·
Everyone says to do this but the blocker is that my rent must be paid on the 1st of the month and my paycheck arrives on the last business day. Because of the
by techsupporter 7y ago
Everyone says to do this but the blocker is that my rent must be paid on the 1st of the month and my paycheck arrives on the last business day. Because of the archaic system that we in the United States call "how to move money between accounts," and my credit union outsourcing its bill pay feature, the check will not be mailed until the funds are present and it is sent from the East Coast when I live in the Pacific time zone so I stick with the 52-second walk from my apartment to the drop box.
Yes, I could leave sufficient money in that account to deal with it but I send most of my paycheck to savings and retirement accounts that earn much better interest than the paltry 0.05% my credit union's checking account gives me. Plus, the walk is good for my health.
- preem_palver 7y agotake a look at plastiq.com
- aroch 7y agoThey have a 2.5% fee, which again means you're paying to have the privilege of paying someone.
- tyri_kai_psomi 7y agoMoney costs money.
- merb 7y agothe only way to fix this is to save enough money to haver "another" rent payment on your bank account. sadly that does not work for everybody (thats even more sad than the banking system the us has. I live in germany and I never seen a check)