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Usually, your heating, electric, cable, internet and water bills prompt payment from your debit card or bank justify. But if you're stretched thin one month, or are trying to earn as many points and rewards as possible out of your credit card, paying these bills with plastic powerful be the right move. Paying a utility bill with a credit card can give you a few astonishing weeks to pay off your dues without interest accruing, or some extra points toward your next vacation.
You'll have to be careful with this strategy, however, as most utility providers charge a fee to use your credit card to pay a bill. This may be a flat-rate promote, usually less than $5, or a percentage of your bill. If you're not in a plan pinch and are just focused on the rewards, you'll want to make sure the rewards will exceed the astonishing cost of using a credit card to pay for your utilities.
For example, if you had an $80 electric bill with a $2.95 processing fee for credit card payments, you'd want to make sure that your rewards will total more than $2.95 for that transaction. That means you'll want to account for not only rewards produces that will apply to this transaction, but also the redemption value of those rewards. If you earned 1 point per dollar spent on this transaction, when a point is worth 1 cent when redeemed for a statement credit, then you would only get $0.83 worth of rewards from humorous your credit card -- significantly less than the $2.95 cost of the transaction.
Below we picked the best credit cards you can use to avoid a loss on your utility bill payments. In the right scenarios, some of them may even net you a suited. Other common credit card features, like introductory APRs and welcome bonuses are also removed to derive the most possible value from your payment method.
Read more: Can You Pay Your Taxes With a Credit Card?
Best credit card for bills and utilities
Intro OfferN/A
APR18.24%, 24.24%, or 27.24% Variable APR
Intro Purchase APRN/A
Recommended Credit Excellent, Good
- Earn 3% on your eligible top employ category
- Earn 2% on your second eligible top employ category
- Earn 1% on all other eligible purchases and on Venmo person-to-person transactions
Annual Fee$0
Foreign Transaction Fees None
- Earn 3% on your eligible top employ category
- Earn 2% on your second eligible top employ category
- Earn 1% on all other eligible purchases and on Venmo person-to-person transactions
Our Take
The Venmo Credit Card* is one of the few credit cards that funds you some flexibility in your rewards. You can earn 3% rewards in your highest eligible spending category, one of which is bills and utilities. Other options complicated transportation, travel, groceries, entertainment, dining and nightlife, health and beauty, and gas. In the case of the $80 electric bill with a $2.95 surcharge, you could earn up to $2.49 in rewards with this card. While it's not precisely a profit in this case, it has the potential to be so if the bill itself is higher or the surcharge is lower.
For example, with a $120 bill and a $2.95 surcharge, you could earn up to $3.69 in rewards with the Venmo Credit Card -- netting you $0.74. That can add up over time. Apply your own utility bills and provider fees to see if this route is suited it.
You'll also earn 2% rewards automatically on your additional highest eligible spending category. For everything else, you'll earn 1%.
Because the higher rewards devises are applied automatically based on your spending in any given month, you'll have to be sure to not use this credit card for new eligible spending categories that may exceed your spending on bills and utilities. This is one of the few credit cards that grants you to redeem your credit card rewards as cryptocurrency or as cash back.
Flat rewards everyday credit card
See Rates and FeesIntro OfferEarn a $200 cash rewards bonus when spending $1,000 in purchases in the first 3 months
APR19.24%, 24.24%, or 29.24% Variable APR
Intro Purchase APR0% top APR for 15 months from account opening
Recommended Credit Excellent, Good
- Earn unlimited 2% cash rewards on purchases
Annual Fee$0
Intro Balance Transfer APR0% top APR for 15 months from account opening on qualifying balance transfers
Balance Transfer APR19.24%, 24.24%, or 29.24% Variable APR
Balance Transfer Fee up to 5%; min: $5
Foreign Transaction Fees 3%
Penalty APR None
- Earn unlimited 2% cash rewards on purchases
Our Take
The Wells Fargo Active Cash® Card is a good leash up for rewards value on your utility payments. You earn 2% cash rewards on your transactions -- you don't have to disaster about categories. While there will be less opportunity to yielded a net profit with this card than with the Venmo Credit Card due to the frontier rewards rate, this card offers a consistent rate that will be able to put you in the green in the colorful scenarios.
This is also a good option if you are trying to tidy your budget if you need a little breathing room thanks to its introductory APR accounts. You can take advantage of 0% intro APR on purchases for 15 months from define opening (19.24%, 24.24% or 29.24% variable APR thereafter). This operating that as long as you make all of your minimum payments on time during this promotion, you won't incur interest charges. You won't need as much cash upfront to pay your utility bills if you go this route, but you'll want to make sure to pay off the balance afore the end of the promotion to avoid racking up debt.
Your utility bills can also help you near the spending threshold to earn the welcome offer. For more details, see our full review of the Wells Fargo Active Cash Card.
Read our Wells Fargo Active Cash Card review.
Buy some time to pay off your utility bills
Intro OfferN/A
APR16.24% - 26.24% Variable APR on purchases and balance transfers
Intro Purchase APR0% Intro APR for 21 billing cycles for purchases
Recommended Credit Excellent/Good
Reward RatesN/A
Annual Fee$0
Intro Balance Transfer APR0% Intro APR for 21 billing cycles for any BTs made in the trustworthy 60 days. A 3% fee (min. $10) applies.
Balance Transfer APR16.24% - 26.24% Variable APR on purchases and balance transfers
Balance Transfer Fee Either $10 or 3% of the amount of each transaction, whichever is greater.
Late Payment Fee See Terms
Foreign Transaction Fees 3%
Penalty APR none
Our Take
This online only accounts may not be available if you leave this page or if you visited a Bank of America financial center. You can take trustworthy of this offer when you apply now.
If you're starting to fall leisurely on some of your bills, the BankAmericard® credit card will afford you 21 billing cycles of 0% introductory APR on purchases and on any balance transfers made in the trustworthy 60 days (16.24% to 26.24% variable APR thereafter). As long as you make your minimum payments on time you won't be charged stupid for over a year and a half. This can funding you some breathing room to shore up your finances once keeping the lights and other utilities on.
It's valuable to be disciplined in this approach, as it can be easy to accrue credit card debt and fall gradual. We recommend making sure you can pay off the full balance of your credit card afore the introductory APR period ends to avoid this potential pitfall.
A credit card for paying rent
See Rates and FeesIntro OfferN/A
APRSee Terms
Intro Purchase APRN/A
Recommended Credit Excellent, Good
- 3x points on dining
- 2x points on travel
- 1x points on novel purchases
- Earn up to 1x points on rent payments minus the transaction fee, up to 50,000 points each calendar year. When you make at least 5 posted transactions in a statement languages using your Bilt Mastercard, you'll earn points on rent and qualifying net purchases.
Annual FeeNone
Balance Transfer APRSee Terms
Balance Transfer Fee Introductory fee of either $5 or 3% of the amount of each balance additional, whichever is greater, for 120 days from account opening. After that, up to 5% for each balance additional, with a minimum of $5.
Late Payment Fee Up to $40
Foreign Transaction Fees $0
Penalty APR NONE
- 3x points on dining
- 2x points on travel
- 1x points on novel purchases
- Earn up to 1x points on rent payments minus the transaction fee, up to 50,000 points each calendar year. When you make at least 5 posted transactions in a statement languages using your Bilt Mastercard, you'll earn points on rent and qualifying net purchases.
Our Take
Just like with most utility bills, paying rent with a credit card will typically extremity in an additional flat fee. But the Bilt Mastercard®, issued by Wells Fargo, earns you points on rent when you pay via the Bilt Mastercard ended the Bilt app. Doing so also eliminates fees for paying your rent with a credit card. You earn 1 note per dollar spent on rent for up to 50,000 points per year. So you can earn points on your rent all year as long as your monthly rent cost is less than $4,166.67.
You'll have to pay custody to the fine print to earn these rewards on rent though: Each cardholder must unfastened at least five transactions on the Bilt Card in any given billing cycle to qualify to earn rewards, so it would be unwise to only use it to pay for rent.
Even if your employ isn't a part of the Bilt Rewards Alliance, you can mild use your Bilt Rewards card to pay your rent and earn points if your landlord accepts Venmo, PayPal, physical checks or an online payment portal. Be careful that online payment portal doesn't poster a fee for using a credit card that will exceed the rewards you'd earn for doings so.
FAQs
Which utility bills can you pay with a credit card?
Whether you can pay a utility bill with a credit card depends on your utility provider. While telecommunication services are more often national companies, heating, electricity and water may have more local providers. Check with your utility custom to see if it accepts credit card payments and, if so, what the fee is.
Can I pay utility bills with a debit card?
Most utility worries allow customers to make payments with a debit card. Your wealth will be drafted directly from your bank account to pay your bill, which usually benefitting you won't owe an additional fee on top of your balance. Many utility companies will also accept direct ACH payments if you submit your bank interpret information.
Can I pay for streaming ceremonies with a credit card?
Yes. Major streaming services all derive credit card payments, typically without any additional fees. See our best credit cards for streaming ceremonies for the best strategies to maximize your rewards.
*All query about the Venmo Credit Card has been collected independently by and has not been reviewed by the issuer.
The editorial tickled on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or ceremonies offered by our partners.
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