Benefits of Using the Best Credit Card to Pay for Utilities

It’s that time of the month. When the bills are stacked high, and your budget struggles to keep up with it. The pressure is on to pay the utility bills, including electricity, phone bills, apartment maintenance, mortgage, etc. The list seems endless. But here’s the silver lining: You don’t have to dip into your savings or worry about late fees. Instead, consider using a credit card to pay for these utility bills. Some of the best credit cards for utilities not only offer convenience but also allow you to earn rewards and cashback. Discover how using your credit card for utility bills can ensure timely payments.

How to Use the Best Credit Card for Utilities?

Using your credit card to pay utility bills is a rather straightforward process. Aside from selecting the credit card option on the payment gateway for utilities, you can choose to pay through a credit card issuer’s app or the website. Here is the standard process that you need to follow to pay for utility bills:

• Log in to your credit card-linked bank account to choose your utility and the service provider from the list
• Provide details of the customer ID and bill amount
• Choose credit card as the payment mode
• Enter your details and confirm the transaction

Benefits of Using Credit Card to Pay Utility Bills

Credit cards offer convenience and flexibility in utility bill payments. They can also help improve your credit score when used responsibly. Here are a few benefits of using credit cards to make utility bill payments:

1. Convenience

You can pay your utility bills from the convenience of your home or work, saving you the time and effort of visiting the service provider’s office. You also don’t have to wait for your next month’s salary to get credited to pay your utility bills with a credit card.

2. Rewards and Cashbacks

Check if your credit card issuer offers rewards and cashback on utility bill payments. Every time you pay a utility bill, you earn a reward point, which can be redeemed for exciting gifts or cashback. For instance, One Credit Card offers 2% Reward Points for every spending, and you can choose to redeem these points at 10% value on other transactions or opt for cashback. This means that every time you pay your utility bill, you’re saving. Now, that’s a reward worth considering.

3. Offers and Discounts

Credit card issuers offer special discounts on utility bill payments. A few of the best credit cards for utility bill payments, including One Credit Card, occasionally offers up to a minimum of 10% valueback on grocery stores like OneEssential, Zepto, and DMart.

4. Autopay Feature

If you forget your payment dates, the auto-pay feature is here to make your life easy. You can use the Auto-Pay feature on your credit card app or website. One Credit Card app lets you set up this feature and select the preferred date for auto-pay debit. Using the Autopay feature to pay utility bills can ensure timely payments while improving your credit score.

5. Expense Management

Credit cards ensure you are on track with your monthly spending. Credit card issuers also provide a budgeting tool, helping you categorise all your monthly utilities like insurance, electricity, groceries, and more. Therefore, analyse and track your expenses to avoid overspending.

Also read: 5 Ways to Make The Most of Your Credit Card

In conclusion, credit cards are an excellent way to simplify and streamline payments. While using your best credit card for utility bill payments is convenient, use it wisely to reap all the benefits. Consider these factors depending on your financial needs when paying your utility bills via credit card. By being responsible and informed, you can make the most of your credit card usage.