On Sep 26, 2008, at 4:30 PM, Louis Proyect wrote:
I also use Chase Online to pay my bills. Since more and more credit cards impose stiff penalties if you are even a day late, I make sure to check the time it takes for a payment to register. Some accounts take a day or two, but most are flagged as “same day”. So when I last paid my Chase Visa bill on September 2nd, the same day it was due, I assumed that there would not be a penalty.

My Chase Rewards Visa card is set up to automatically withdraw the full amount due every month a few days ahead of the due date. Works well for someone like me, who still doesn't even understand what "reconcile transaction" means! ;-)

And when I do overshoot the due date occasionally on my Amex card, they are kind enough to remove the fees and finance charges when I call and grovel!

But I suppose you were not asking for credit card advice, but rather laying the teaser out to a more substantial point to be found at your blog. ;-) Oh, well...

        --ravi

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