subject: Free Online Bill Pay Is Available Even If The Bank Turned You Away [print this page] Many underbanked and unbanked customers have discovered how to conveniently pay their bills for free. Research now reveals that options are now available for those that want a convenient way to pay their bills. It is only natural to assume that underbanked and unbanked consumers want access to convenient financial services, especially to pay bills online, right? Well, now the research from a governmental agency proves that is most definitely the case with the facts and figures. This fact was among the findings in a 2009 study by the FDIC and United States Census Bureau that classified 60 million consumers as unbanked or underbanked. To help answer this demand, affordable checkless checking accounts are now an option.
How To Get Free Online Bill Pay
When comparing checkless bank accounts, ensure that your choice includes free online bill pay service. Bill pay is especially valuable to consumers who have been denied a checking account by a bank. Despite being turned down by banks due to credit issues, consumers still need access to basic financial services, like writing a check to pay a bill. The top reason cited by the FDIC study was to write checks and pay bills. Checkless bank accounts are available now and the account includes free online bill pay service.
Can This Be Safer Than Money Orders Or Checks?
Yes. Choosing the convenience of paying bills with a prepaid account is fast, easy, convenient, and guaranteed. Pay your bills online or over the telephone. You can also setup one time or recurring payments to anyone who resides within the United States. Paying your bills with bill pay feature is more secure than using checks, cash, or money orders. This service is free of charge.
Is Your Money Insured?
Prepaid visa and prepaid mastercard cards work like a checking account. You can keep your money safe in one of these prepaid card accounts instead of carrying around cash in your pocket. All prepaid accounts are insured by Federal Deposit Insurance Corporation (FDIC) just like a checking account, so you can feel comfortable that the safety of your money is intact.
Will You Have To Pay Overdraft Fees With A Checkless Checking Account?
Prepaid visa & prepaid mastercard cards do not extend credit like credit cards, meaning you can't spend money you don't have. Since you are only spending money you add to your prepaid card account, you can avoid falling into debt and incurring overdraft fees.
by: Nathan Randall
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