I consider myself to be technologically advanced in many ways, but I lag behind when it comes to paying my bills. I either have the money withdrawn directly from my account or I use the ol’ stamp. I considered using an online bill paying service, but most of the advertisements I’ve seen claim the great thing about it is that you don’t have to pay for envelopes or stamps. Well, you pay $4.95 a month for the service and I don’t have 12 monthly bills, so buying envelopes and stamps remains the most economical method for me.

Yahoo, however, has a free bill pay service but I’m leery of something being free, especially when my own bank charges $4.95. I tried finding the catch, but came up empty. Yahoo’s premium service only allows 12 bills. Anything above 12 is $0.40 so it too is more expensive than a stamp. The only difference I found between the free and premium plans was the number of billing agencies. The basic plan has 100 and the premium has 200, so maybe they’re trying to lure you in first.

Does (or has) anyone use(d) an online bill-pay service?