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.
I was happy since I changed to T-Mobile... Until Now. It's just common sense to NOT use your debit card for automated payments to prevent security issues AND a credit card gives me flexibility since my balance can vary a bit each month. I never thought about leaving till this change. Does anyone know if Mint requires a debit card or bank account?
In the meantime, here's a hint I use. I opened a secondary checking account when I was in my 20's. I only use it to pay bills through the bank's online payment service or automated bill payments where I didn't have much choice. I do not have a debit card linked to it (yeah, the banker looked at me funny until I explained what I was doing) so there's no risk of a stolen debit card emptying the account. Each pay period, I move the money I need over for bills to it. Other than a minimum I keep in there to prevent any fees, that's it.
