Most banks, financial institutions and credit unions have web sites that offer online banking bill pay. This electronic way of paying your bills is fast, easy and convenient. There are a wide variety of bills that can be paid through online banking. These include:
- Electricity bills
- Gas bills
- Bills for internet services, cable, and phone
- Water and sewer bills
- Credit card bills
- Property and Income tax bills
- Some colleges will accept their tuition payments through online banking – check at your bank’s web site to see if your bank accepts tuition for your school online
When you’re paying bills online, it’s important to check that there won’t be any delays in your payment getting to the company where you owe the money so that you avoid any late penalties they might charge you.