Forum Discussion
what's up with T-mobile removing autopay discount for credit cards?
I just literally signed up for a new plan - debit cards have fees for providers too - accessing my bank account isn’t a good approach from a security perspective (noting that T-mobile has been hacked...
That was announced months ago. It is because credit card companies charge a service charge that is based on the percentage of every transaction, which eats into T-Mobile's revenue. Removing the auto pay discount for credit cards negates that.
BobT wrote:FkMagenta wrote:I switched mine. They'll be mailing me a paper bill (money for paper, envelope, stamp, toner, wear and tear on their printing machines, etc)
Also, I will be watching for a class action lawsuit. If I see it, I'll join. What they've done is illegal.
And then?
Pay by check giving them your bank's routing code and account number in b&w on that check? Checks sent by mail are actually the most insecure form of payment and often result in late payments.
Pay with cash in-store and give them an additional $5? They now charge $5 for payments at store.
Or continue to pay with credit card?
They’ve got us coming and going on this one.
My choice was to simply open a free checking account with debit card, maintain a minimal balance and pay with that debit card while turning off overdraft features. Most bank debit cards are issued by Visa and MasterCard and carry the same fraud protections as credit cards. In addition they have card controls that can lock down the card, limit transaction amounts and categories. Still get my autopay discount with little to no risk.
So you jumped through hoops to try to best the system. Good for you, for now.
Nah, I am paying the extra $15 for not using autopay, but paying with my CC (as always) and satisfied knowing that TMobile has to pay in other ways.
Whoever made this decision at TMobile should be fired.
