Online bill pay: Which ones are the best?

I’ve often asked people which bank they use and how it works for them and most of them respond with good feedback. Online banking is now growing to be the most simple and cost effecient way to pay your bills. Major banks and even smaller banks are now making it accessible for you, the consumer, to pay your bills and they guarantee it.

There are a couple reasons why you should use online bill pay

1. No more envelopes – the banks now do what’s called ‘ebills’ which pay the company or person in the form they recieve
2. No more stamps – Say goodbye to those stamps, online bill pay won’t need those, or at least you won’t
3.  Saves you time – Did you just get done paying a bill by driving all the way to the other side of your town just so you can make the payment on time? Stay in, save gas and pay it online.
4. Security – Most people wouldn’t trust their information online, but it’s gotten way more secure on the web to manage your money and pay your bills online.
5. It’s easy – besides being free, time saving and money saving, online bill pay requires little to no effort in paying bills, its a one time set up and you just pay whenever you need to.

Sites like Yahoo and Mycheckfree offer online bill pay if you do not have a bank. Tell us your story on how you feel about bill pay.