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BoA CC pay in full

6,873 469 July 12, 2018 at 05:36 PM
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With anyone holding a BoA CC, how do you pay a CC bill the full amount every month?

I thought I had set mines up to pay in full amount but it has been doing minimum payments.

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#2
Go to Bill Pay and click on Automatic Payments. Then click on Edit. Under Payment Options, select Statement Balance. Click on Save Changes.

If you signed up a long time ago via the FIA signup page (it will say FIA when it is drafted from your bank account), you'll need to call Bank of America and tell them to cancel the FIA automatic payments and set you up with Bill Pay. I just went through this when I changed bank accounts. I had to talk to a couple of representatives and wait 24 hours, but I eventually got it changed.
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#3
Bank of America has one of the worst autopay set-ups. Even after setting it up, you aren't quite sure that you did it right. (I guess my basic source of confusion is nomenclature. BoA refers to autopay as "e-Bill initiated", something my mind has a hard time wrapping around. My notion of e-Bills are things like recurring monthly utility bills.)

The first time, I had to call a CSR for assistance. I'd suggest that you do the same.

Here's how I navigate to change my autopay option:
- Click BillPay tab.
- Click Automatic Payments tab.
- Click Edit link (option listed for Payment Plan - e-Bill Initiated - Active).*
- Select the option "Statement balance as show on e-bill" to pay your full monthly balance, then click "Save Changes" button.
- A review page will appear, click "Save Changes" to save your changes.

* _ If this is the first time you're setting up autopay, click on the Add link at this step. Follow the instructions when the webpage opens up.


Hope this helps. Smilie
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Last edited by 1dash1 July 15, 2018 at 03:19 PM.
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#4
Quote from 1dash1
:
Bank of America has one of the worst autopay set-ups.
My thoughts exactly. I had my wife's CC setup for (roughly) minimim auto-payment.
It was in 0s for a while, so i cancelled it so it wouldn't go to a large negative value... (Not needed if you could set it to automatically pay the minimum, and if 0, do nothing)
I did a BT transfer recently and forgot to reeenable the autopayment.
Aftet a few days late, the froze the account and sent email/letter saying it had been cancelled. No email/later saying, hey, you are late, dis you forget something?
They outright "cancelled" it. It's open since i have a balance, but it will close once it gets to 0. Cannot be undone.
This was an account open for 15 years and never late...WTF BOA?
To add to the stupid, they didn't cancel the other card with them. So they went batshit crazy and deemed the risk too high, but left the other card wide open...yeah, very smart BOA....
And i blame partially their horrible autopayment system (the rest my fault, of course)
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#5
Quote from SDRebel
:
My thoughts exactly. I had my wife's CC setup for (roughly) minimim auto-payment.
It was in 0s for a while, so i cancelled it so it wouldn't go to a large negative value... (Not needed if you could set it to automatically pay the minimum, and if 0, do nothing)
I did a BT transfer recently and forgot to reeenable the autopayment.
Aftet a few days late, the froze the account and sent email/letter saying it had been cancelled. No email/later saying, hey, you are late, dis you forget something?
They outright "cancelled" it. It's open since i have a balance, but it will close once it gets to 0. Cannot be undone.
This was an account open for 15 years and never late...WTF BOA?
To add to the stupid, they didn't cancel the other card with them. So they went batshit crazy and deemed the risk too high, but left the other card wide open...yeah, very smart BOA....
And i blame partially their horrible autopayment system (the rest my fault, of course)
Google calendar reminds me to go online to pay the bill. I like to review what was charged on my statement once a month. Sometimes I catch stuff I need to correct.
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#6
Depends on what you want. When you say 'paying full amount every month', do you mean

1) completely paying out all amount and leaving 0 remain balance?

2) or paying full statement amount for current cycle and leave recent charges


Most companies provide auto payment for #2 but not #1. Like others said setup recurring payment and choose Statement Balance. You won't pay any interest or late fees this way.


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