SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (10420)9/22/1999 10:40:00 AM
From: Hockeyfan  Read Replies (2) | Respond to of 20297
 
All: I am glad I asked!

Comments/observations -
(1) Many of the billers on the list are utilities that already offer electronic funds transfer (EFT) from your bank account on a monthly basis. Wouldn't it be redundant to set them up on electronic bill pay? I pay the following through monthly EFT:
mortgage - Mellon
electric - Cinergy EFT
gas - "Local" gas
car lease - Mazda/Ford
life insurance - Northwestern Mutual

These are the monthly recurring, essential bills that must be paid on time. They represent 30% to 40% of my monthly bills. My wife buys the groceries from her account and pays for most of the kids clothes, etc.

It would be nice to have the other bills with irregular amounts (credit card) or timing on a Yahoo billpay type system.

What type of activity/balance reports do you get? How much time does it save you writing out checks each month and reconciling your bank statement?

I am sorry to drag everybody through my personal finances, but I am having a hard time stepping back from the excitement of the stock and the concept to really determine the cost/benefit of the service.
Am I atypical from the average American husband?

(2) Should Yahoo be listed as an E-Bill site? And what about Wingspan bank?