Quicken Bill Pay

Any pros/cons using this service? Can one cancel anytime if not satisfied?

Reply to
Zilla
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I have been using Quicken Bill Pay (and before that Checkfree) for over 10 years with few problems. The only problems I have had is when an account holder showed I did not make a payment when in fact I had and Quicken showed it had been made. A call to bill pay support alerted them to the problem and they called the account holder and cleared the problem up. This only happened half dozen or so times in all the years I have used this service.

If you have accounts at multiple banks a side benefit is that you can transfer funds between these banks without a fee and without writing a check on one bank to deposit in the second.

I recently relocated across the country and Chase bank did not have presence in the new state. I opened a checking account in the new state and used Quicken Bill Pay to transfer money from Chase to the new bank. This made it a painless way to move my bill pay payments to the new bank. All I needed to do was set up the new bank to be associated with Quicken Bill Pay.

I believe Quicken Bill Pay has a 30 trial period and you can cancel at any time after that.

There is a monthly fee for a set number of transactions per month but if you mail in payments this saves the hassle and cost of postage, envelopes and time.

Marty

Reply to
Martin Kovacs

In my opinion the biggest con is the price. I went the route of finding one (of the MANY) bank that offers free Bill Pay.

Jeff

Reply to
Jeff Harris

I currently have online banking with my bank, and they pay my bills for me once I send them through Quicken. However, I'll be out of the country for 4 weeks, so I'm looking for ways to pay bills during that time. I may just opt to pay them before I leave.

- Zilla

Reply to
Zilla

I currently have online banking with my bank, and they pay my bills for me once I send them through Quicken. However, I'll be out of the country for 4 weeks, so I'm looking for ways to pay bills during that time. I may just opt to pay them before I leave.

- Zilla

Reply to
Zilla

Hmmm, my bank offers free bill pay but I have to login to the bank via the web and set up the payment there. Quicken does not have visibility into this payment until it has been paid, at which time the transaction is downloaded into the register. What I like about quicken bill pay is that the payment is in the register (as a pending payment) when it is uploaded to the quicken bill pay server. I can upload the payment weeks in advance and can see it in the register. When the bill is paid the transaction is then downloaded from the banks server showing the transaction has been paid by the bank and its status updated to paid and cleared.

Marty

Reply to
Martin Kovacs

"Zilla" wrote in news:FXmch.6924$Ig1.5180 @bignews2.bellsouth.net:

Your bank does not have billpay through their website?

That would not take care of putting the data into Quicken, but you can do that later, when you're back.

Reply to
Han

Ok, I'll contact my bank!

-Zilla

Reply to
Zilla

I've never used it but you can log on to quicken bill pay on their website & send money from there. All you'll miss is your program features like scheduled transactions & your register. But its pretty straighforward. Just log on to your account on wwww.quickenbillpay.com & go from there.

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Reply to
Roughrider50

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