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mfarmer

Melio Bill Pay

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Thoughts on using Melio Payments for minimum spend?  This is a service that allows you to use your credit card to make payments for whatever, including rent, then generates a check on your behalf, mailing the check to the vendor.  Says there's no subscription fee; 2.5% charge.  For many credit card spending bonuses and/or 2% cash/points back cards it seem this might be an interesting option.

Thoughts?

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3 hours ago, mfarmer said:

Thoughts on using Melio Payments for minimum spend?  This is a service that allows you to use your credit card to make payments for whatever, including rent, then generates a check on your behalf, mailing the check to the vendor.  Says there's no subscription fee; 2.5% charge.  For many credit card spending bonuses and/or 2% cash/points back cards it seem this might be an interesting option.

Thoughts?

2.5% charge for 2% cash back?

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10 hours ago, Sidewinder said:

2.5% charge for 2% cash back?

That makes it "interesting" in my book ...

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As hege point out there are other options for minimum spends., but If you're applying for a SUB, without other obvious spending opportunities, .5% may be acceptable. To each thier own - you're bright characters and can certainly decide for yourselves.

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It would be worth at least creating an account to see if you get occasional targeted offers for 0 (or reduced) transaction fees.

 

 

Edited by cv91915

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