
Software-based bill paying
- Complete home-accounting package
- Compatible with PayPal
- You can pay via iPhone
- Bill pay costs $10 per month
- Charges for telephone technical support
- Many banks offer Quicken-like extras free
Reviews say Intuit Quicken 2008 Deluxe personal finance software offers extensive online bill payment and bill-management services and also lets you track all your finances. You can pay bills online through Quicken, although it costs an extra $10 per month to pay up to ten bills per month. Even though this is expensive, one plus is that your transactions are recorded in the software as part of a total plan to manage your money. Quicken works with over 5,300 financial institutions, including PayPal, and you can also make online payments using Quicken with your iPhone. Experts say Quicken is overkill if you just want to pay some bills online, but it's worth trying if you already own it or want to manage your finances as a whole. For bill paying that's free, reviewers recommend online bill payment through your bank (free).
We found the best general information about online bill payment at Consumer Reports. There are a lot of reviews of Quicken, but they mostly focus on its overall use as accounting software rather than as an online bill-paying service specifically. These are less helpful, but we've included one from CNet.com. StarReviews addresses Quicken specifically as a bill-paying service, but this review is mostly a description of features. Quicken and the competing Microsoft Money are discussed more thoroughly in our separate report on accounting software.
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Our Sources
1. ConsumerReports.orgDetails/Subscribe
This general article on online bill payment from Consumer Reports gives some helpful hints for paying bills online safely. They suggest using a bank that guarantees to pay any credit-card late fees if the bank fails to send your monthly payment on time.
Review: Paying Bills Online -- Safely, Editors of Consumer Reports, July 2007
2. CNET
CNet.com's editors look at Quicken Deluxe, and generally come away impressed. The newest version of Quicken Deluxe is called a good choice for beginners, but the editors didn't find any real reason to upgrade from the previous year's version.
Review: Quicken Deluxe 2008, Editors of CNet.com
This review is mostly a rundown of features. The review does give Quicken a rating of six out of six stars and notes that customer service by chat and e-mail are good, while technical telephone support questions are expensive to ask.
Review: Quicken Review, Editors of StarReviews.com
