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For every bill I have from phone to internet to all utilities to every credit card, insurance, etc etc etc... That I can name, there is an auto payment option.
by OafTobark 13y ago
For every bill I have from phone to internet to all utilities to every credit card, insurance, etc etc etc... That I can name, there is an auto payment option.
The only thing I can think of that still requires a check is paying rent. But for that, and anything else that would require payment by checks, billpay (which is free with every bank I know of or have used) takes care of this.
All of these pretty much can already be automated. All that said, legitimate question, but is there a scenario here that I am overlooking where this would be covered by your service that I can't automate bill payments without writing a check already. Or more accurately, what's different between this and billpay most banks offer (aside from the interface).
EDIT: I suppose the auto address update is a nice feature that most people might have a use for
- crazygringo 13y agoI'm not sure if Cloudbill provides this... But what I would (personally) love is a place to manage all of my bill payments in one place -- instead of having to log in separately to bank/credit card/internet/cell phone/etc sites to view amounts and then pay all separately. (Sometimes they can be configured to autopay, sometimes they can't...) Every time my CC number gets compromised and I have to change the billing info on 8+ sites... ugh what a pain. And then on CC sites where they don't allow autopay (or only allow it in a fixed dollar amount, WTF), and I miss the e-mail saying my new statement has arrived, and get a late fee... ugh again.
- hpenney 13y agoCloudbill does provide what you're looking for. You have outlined the core problem with current billpay...the time it takes and the hassle you have to go through. Cloudbill can alert users via txt, email and within the app itself to help insure you don't forget a Nik.
- OafTobark 13y agoWhat can you change in cloudbill? It sounds like you're saying you can change credit card information which I'm unsure how but it sounds like you can update your address, passwords, and everything else it seems like. How are you guys able to do this as I believe backend systems like Yoodle doesn't allow this right? Currently does the system support all kinds of banks and bill payments already?
- deleted 13y ago[deleted]
- hpenney 13y agoWhile what you're saying is true, what happens when you pay bills from multiple accounts like most people do? You have to register all of those bills with all of your different bank accounts. The same issue arises when you want to change banks...reregistering all of your bills. What also sets this apart from bank bill pay is the ability to pay with any credit card and be given suggestions on how to pay each bill to take full advantage of any discounts or earn the best rewards. Grey charges (questionable charges) on credit cards as well as bills from places like phone carriers and cable companies have become a huge problem for the average consumer and Cloudbills automatic alerts to grey charges along with the ability to remotely dispute the charge, offers value.
- zbruhnke 13y agoAside from the auto address update feature we think there are some other really useful things we're offering First of all losing your wallet is a huge pain and if you use each provider's auto pay feature its even more of a pain, losing your wallet when you use Cloudbill means updating your card number just once. Helping our users maximize their rewards points is also something we've heard a lot about lately and a feature we're really excited about! Aside from that helping our users find fraudulent charges on their bills is also something we think is worth being excited about :)