Often, it is an unwelcome and unexpected bill that causes the economy to cope for a month and that you feel the need to take a quick loan. For those who have a credit card, however, there are smoother and, above all, cheaper alternatives. It’s all about paying the bill or bills in different ways with the credit card.
If you have a credit card, you can today use three different methods to clear the bill without having to take a quick loan. Below we describe a little about how you can proceed.
Pay with cash from the card
If you have a free credit line on your card, you can make withdrawals at any ATM or at the cashier of your grocery store. You can then pay this money through a bank giro or post giro form at the bank or through various giro solutions.
Of course, this method is a little tricky in that you actually have to go to different places to make withdrawals and payments. In addition, you are most likely to pay a fee for both the withdrawal and the giro payment.
A slightly smoother variant on the same theme is to make a digital withdrawal from the credit card to, for example, your payroll account. The credit card then acts more like a credit account from which you make withdrawals when you need a cash supplement. For a transfer from credit card to payroll account you are normally not charged any fees.
Pay via a transfer from the card
Even easier is to pay the bill via a direct transfer from the credit card. The process is similar to that used when you pay a bill in your Internet bank with the difference that you obviously log in to your credit card provider to make the payment.
Making the payment is as easy as paying a bill as usual. You fill in the information requested (amount, OCR number and so on) and then sign with your usual method.
Payment via the credit card provider’s website is a very convenient solution. However, it is far from all credit card providers offering such a solution. Simply put, it can be said that the supplier is required to have the status of a bank and can offer all the basic services for payments. If you are interested in being able to pay bills directly with your credit card, you should be more careful when comparing credit cards and choosing one that is issued by an operator who is a full-fledged internet bank.
Pay via a third party service
If your credit card provider is unable to offer payment of bills, there are third party services to contact. The one that has got the biggest spread in Sweden today is probably Betalo, but there are other alternatives. Billhop is another player to take a closer look at.
At Betalo, you can easily add as many bills for payment on credit. You can use both MasterCard, VISA and American Express and you can easily register your payments with bankID (mobile or on computer). However, a small catch with the service is that you are charged fees for use. However, for a small number of cards, fees are paid entirely. These include cards issued by Ikano Bank with partners .
There is also a further small hook in choosing a third party service. It is a matter of the fact that there are normally restrictions on which players can be payers. This is especially true of other lenders and credit companies. If you want to pay interest and repayments to a lender, there is the risk that you cannot do so with a third party service.