BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is one thing you can’t do with online bill pay
A
Pay with cash
B
Pay your cell phone
C
Pay your mortgage
D
Pay your bill
Explanation: 

Detailed explanation-1: -Cons. Signing up and adding each new payee may take some time. Recurring automatic payments could overdraw your account if you don’t have enough money to cover your bills. Scheduled payments won’t automatically stop if you cancel a service or if a bill isn’t due.

Detailed explanation-2: -Pay in person Many companies will allow you to pay your bills in-person. Your wireless phone bill, for instance, or utility bill can be paid by visiting the nearest branch and paying cash.

Detailed explanation-3: -You can do it and make your cash stretch even further when you take advantage of the deals and free shipping when you shop online. You can shop with CASH at Amazon, Walmart, Target, Kohl’s, and hundreds of online shopping sites with absolutely no credit card or debit card required.

Detailed explanation-4: -If your bank offers it, you can use online bill pay to pay your credit card bills, subscriptions, utility bills and more. And you can set up various notifications, one-time payments, recurring payments or automatic payments so you don’t miss any due dates.

There is 1 question to complete.