Online Banking: Is Automated Bill Pay Right for You?

Post on 14-Aug-2015

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transcript

FOR YOU?

IS AUTOMATEDBILL PAY RIGHTFOR YOU?

Automated bill pay is a great money management tool.

PAYMENTSENT

To decide if it’s right for you, consider these three tips.

But it may not be right for everyone.

1.Make Sure You Can Cover the Payments

It's your job to make sure there's enough money in

your account to pay the bills.

PAYCHECKAutomated bill pay is best for people with a steady income.

2.Be Selective with the Bills

Make Sure You Can Cover the Payments

Not all bills are a good �t for automated payments.

Consider automating only bills that are the same amount every month, like a mortgage or car payment.

3.Automate ThroughYour Bank

Be Selective with the Bills

Instead of automating through creditors, streamline through your bank with online banking.

Your �nancial information may be more secure,

and it will be easier to make

changes.

But �rst see if your creditors offer an incentive that makes it more attractive to make automated payments through them.

Automate ThroughYour Bank

Automating bill payments can be

a great way to manage money,

but what matters most is whether it’s right for you.

© 2015 Regions Bank. This information is general in nature and is provided for educational purposes only. Regions makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. Information provided and statements made by employees of Regions should not be relied on or interpreted as accounting, �nancial planning, investment, legal, or tax advice. Regions encourages you to consult a professional for advice applicable to your speci�c situation. The LifeGreen color is a trademark of Regions Bank.

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