Fidelity as a one stop shop

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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Re: Fidelity as a one stop shop

Post by MisterBill » Wed Mar 25, 2020 2:38 pm

alx wrote:
Thu Mar 19, 2020 9:56 pm
I spend another 1hr waiting on the phone to ask Fidelity about this. I was told that these options depend on the agreement between Fidelity and the other party (in this case Citi Mastercard).
Why don't you just let Citi pull the money and do pay in full from there?

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Joined: Wed Apr 27, 2016 9:42 pm

Re: Fidelity as a one stop shop

Post by spammagnet » Thu Mar 26, 2020 11:38 pm

alx wrote:
Thu Mar 19, 2020 5:16 pm
I question on: "Auto Bill Pay your eBill" for credit cards.

I don't know if each credit card would be different. Mine is for Citi Double Cash MasterCard.

The form gives me one option for "Pay the following amount based on each eBill:"

The option is "Current Ammount Due" and there's a checked radio button in front of it.

I worry that this means the minimal amount due rather than pay the full bill.

What is your experience?
In my experience, "current amount due" is the previous statement balance less any interim payments or credits. With respect to the effect on interest being imposed, it's the same as paying the statement balance in full.

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