Money Market Accounts With Bill Pay?

punchie | Nov 26, 2019 | 29 posts since 2019

Recently I decided to live almost entirely on credit and just pay the creditors off once a month, of which there are no more than 6. That got me to thinking that I can park cash in a Money Market and pay my bills from there without having to go through the trouble of moving money to a checking account. Can anyone recommend a Money Market account that pays a good rate and allows for online bill pay? Right now Redneck Bank and Quontic bank are on the list, but Quontic requires a 90 day wait time before signing up for bill pay. There is SoFi, but I was hoping to do better on the rate.

Post an answer

Answers

GH1 | Nov 26, 2019 | 1,055 posts since 2017

If you can pay all your bills in six payments you can. Mm limited to 6 withdrawels or get charges

Ally6770 | Nov 26, 2019 | 4,294 posts since 2010

I also charge my bills to my credit card each month. A notice of all bills that do not have a card present when billed, such as electric, gas, newspaper or when I pay my car and house insurance on line or over the phone I get a notice from my credit card before I get off the phone. I have the daily balance sent to my email. I have a cash back credit card paid from my reward checking account the day after my check is deposited. This keeps the maximum amount in my checking account earning interest each month and every penny working for my benefit at all times. What is left over from the pension check is put in my MM or ad on CD. I leave just enough in the account for the maximum interest and to do my 10 monthly debits that are rarely over $1. Have been doing this for years. I pay everything with my cash back credit card and NEVER pay interest by paying it off each month. Because of my age I have the card debited automatically. Never know when my memory will lapse have an accident etc. Everything is paid by credit card expect property taxes because they charge you.

willy13 | Nov 27, 2019 | 5 posts since 2019

Notherns money market does not include billpay. I have been using my RCA for bills, the benefit is there is no limit of 6 per month.

Heritage Bank.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.