Comment on In a way, a gift card is kind of the opposite of a credit card
Michal@programming.dev 19 hours agoIt’s easy, my bank automatically pays off my cc monthly from my current account. Isn’t it standard?
Comment on In a way, a gift card is kind of the opposite of a credit card
Michal@programming.dev 19 hours agoIt’s easy, my bank automatically pays off my cc monthly from my current account. Isn’t it standard?
dohpaz42@lemmy.world 12 hours ago
I guess it depends on what you call it. I’ve seen creditors that have autopay features that can draft it from your bank accounts each month. Usually those are for your minimum payment, which usually stretch out your balance for up to 30 years (to maximize interest charges).
I personally don’t like autopay. It’s an old habit from back when I would overdraft my checking on the regular because I always spent more than I made. Nowadays, I think it’s because I like the responsibility/control of paying my bills manually, and on my terms.