As a component of Members 1st Online, we offer the convenience of paying your bills without your having to write a check. Our Bill Pay service works in conjunction with our Checking Accounts.
What Are The Features Of Bill Pay?
Bill Pay allows you to pre-schedule your bills, therefore they are paid in a timely fashion. You may schedule payments ahead of your due date or you can request same day payments providing they are scheduled before 11 a.m. that same day.
Is There A Monthly Fee?
Free Online Bill Pay is offered to members in Member Loyalty Rewards or those members with the following qualifiers: members must have a consumer checking account, be enroll in eStatements and have at least one deposit of $200 or more received by ACH or direct deposit during the current calendar month.
If you do not qualify for free bill pay, the service fee is as follows:
- $3.95 for up to 8 bill payments per month
- $0.50 for each additional bill payment
Monthly fees are automatically deducted from your Checking Account. Fees are automatically deducted whether you use the service monthly or not.
How Are My Payments Withdrawn From My Account?
Currently, our bill pay system may make your payments either electronically by transferring the payment directly to your payee or they may be made by a bill payment check that we print on your behalf and send to your payee. Electronic payments will be withdrawn from your account at either 4 a.m. and/or 11 a.m. Check payments will be withdrawn from your account when the check clears your account.
Will I Pay Any Other Fees?
Be advised that our non-sufficient funds and Courtesy Pay fee will apply if there are not sufficient available funds to cover your electronic bill payments.