Re:Autopay Is Making Us Worse at Managing Credit-Card Bills
by lolinder on Monday October 09, 2023 @01:29PM
(#37822900)
But if you're going to check it every month anyway, why have the backstop be the minimum payment and not the full payment? You don't lose the right to dispute a charge just because autopay paid the statement off, and setting it to pay in full means you won't be charged any interest at all if you forget to check one month.
[ Parent
| on HN ]
Re:Autopay Is Making Us Worse at Managing Credit-Card Bills
by Sohcahtoa82 on Monday October 09, 2023 @01:33PM
(#37822945)
If I autopay the full amount before realizing there's a fraudulent $1,000 charge on my card, then I'm in for a surprise when an extra $1,000 is missing from my checkout account.
A pending fraudulent charge on my credit card isn't a problem. Cash missing from my bank account until the investigation is complete CAN be a problem.
Re:Autopay Is Making Us Worse at Managing Credit-Card Bills
by sagarkamat on Monday October 09, 2023 @10:23PM
(#37827902)
But there are usually 25 days between when a statement is generated and an Autopay is deducted for that statement. Just have your checkup of the statement scheduled between those 25 days