Forum Discussion
what's up with T-mobile removing autopay discount for credit cards?
I just read that you don’t like to pay for us using our credit card.
How would you feel if someone wiped out our bank accounts and we sued you for all the money that was stollen. How much would that save you?
Or we stopped using Auto pay all together and had you mail out a statement every month. The credit card is the safest method for all of us. Thieves are everywhere even in your company.
Perhaps switching to a different carrier is what you want instead. Does this help you with profits?
Profits is the only thing this is about. Perhaps we all should get rid of our cell phones and go back to the way it was. We all pay way too much for our cell phones already.
I would think twice about what you think you are saving.
bdizzy54 wrote:
Age and experience has taught me a lot as a former bank employee. I choose paper since it's harder and more timely to recover the funds once they're debited than otherwise.
BTW you sound like an employee of the system.
one would think that a former bank employee would know not to send checks via snail mail...heck even USPS will straight up tell you not to send payments via mail.. how is it that a former bank employee doesnt seem to know this?
just look deep..V only gives a discount if you use their own CC card or if you do the bank route..ATT still allows CC cards for auto pay but just changed the discount from $10 per line to $5 since they know a bunch of people are going to leave over it...
My credit card offers cell phone protection if monthly payment is paid with the card. This new auto pay requirement essentially removes the cell phone protection perk from my credit card. Not a fan, I will start looking for other cell phone provider options
You're right. Nothing personal. You have your opinion and I have mine.
More like a one-way conversation with you resorting to ad hominem. So far the only thing I’ve gotten out of the conversation is that I’m still enjoying my discount while you are receiving some satisfaction not getting the discount and knowing you’re sticking it to the man. Not that there’s anything wrong with that...
Sorry I thought this was a two-way conversation with BobT. Didn't realize it was a party line.
bdizzy54 wrote:
Age and experience has taught me a lot as a former bank employee. I choose paper since it's harder and more timely to recover the funds once they're debited than otherwise.
BTW you sound like an employee of the system.
You are definitely not a former banker.
Care to wager that I am not an employee of the system? I am serious. You can fly to Hawaii and see what I do. Hope you not afraid of heights. The views are great though.
bdizzy54 wrote:
Debit card is linked directly to account. Automatically debited from account. Already been hacked too many times using debit card.
That's not the same thing as what you said…
Age and experience has taught me a lot as a former bank employee. I choose paper since it's harder and more timely to recover the funds once they're debited than otherwise.
BTW you sound like an employee of the system.
bdizzy54 wrote:
Debit card is linked directly to account. Automatically debited from account.
True, but it doesn’t expose your routing information or bank account number. Most bank debit cards these days are issued by Visa or MasterCard and carry the same fraud protections as credit cards do. In addition, most have debit card controls, categorizations of spending and notifications that minimize the risks. The primary difference is that you need to actively monitor debit cards using notifications since the funds are made available immediately at the close of business on that day. This still gives you the opportunity to “stop” payment and report fraud as needed. These aren’t your father’s debit cards anymore. The landscape has changed, which is why I recommended talking to your bank about this - not all banks are the same. They aren’t the same as ATM cards either. Or choose paper billing and checks - your choice but at least make an informed one not based on emotion.
If age has taught me anything, it’s not to make hasty decisions without considering all the options and consequences. Nobody here is trying to scare you.
