Home > Credit Cards > This Is One of the Laziest Ways to Pay Your Credit Card Bill

Comments 0 Comments

To some people, fewer things in life are more mundane than managing their personal finances. Checking account balances, paying bills, reviewing your credit scores — it’s just not fun, and it requires effort.

Amazon and Capital One seem to be trying to change that with a new partnership between the bank and Alexa, Amazon’s voice assistant app.

Instead of having to get your computer, find your paper statement or open an app on your smartphone, you can say something like, “Alexa, ask Capital One when my Quicksilver Cash Rewards credit card payment is due,” and you’ll get a response, according to a Mashable report on the product announcement.

You can even ask Alexa to pay your Capital One credit card bill. Of course, you need to have an Alexa-enabled device like the Amazon Echo to make that command valuable. (Otherwise, you’re pretty much talking to an imaginary friend who can’t do anything for you.)

It’s a lazy person’s dream (at least in theory). For someone who prioritizes efficiency or the ability to multitask, the Alexa/Capital One system seems to make a lot of sense. Beyond the initial setup and setting a personal identification number (PIN) you’ll need to use when asking Alexa to handle your Capital One account information, it sounds like a really easy way to manage your financial accounts.

It has the potential to save yourself from your laziness, as well: Imagine sitting on your couch, thinking of getting dinner delivered, and while you’re looking over a takeout menu you ask Alexa for your credit card balance — the response might make you reconsider the value of a home-cooked meal.

Lazy Finance 101

This new tool might be convenient for cardholders, but it’s not like having a Capital One account and Alexa is the only way to make money management easy. Setting up bills for automatic payment is the first tip of Lazy Finance 101, and dozens of banks and personal finance tools have mobile apps.

Even with all the ways you can simplify your financial life, it’s still important to check on technology, to make sure banks receive payments and there are no errors on your credit reports. You may think you’re doing everything right, but unless you’re checking your accounts and reviewing your credit for accuracy, you can’t be sure everything is running smoothly. Make a habit of looking at your account activity to be sure payments go through and you haven’t been mis-charged or breached. You can get two free credit scores every 14 days on Credit.com to make sure you didn’t accidentally miss any bills or signs of fraud.

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

Image: Wavebreakmedia Ltd

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team