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Advice on making online bill payment through credit card

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  • Apr 28th, 2020 12:44 pm
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[OP]
Newbie
Dec 27, 2017
55 posts
18 upvotes

Advice on making online bill payment through credit card

Hi guys,

My university only accept online bill payments on tuition fees, but I want to get some cash return through paying by credit card.
Is there any safe method that I can use to make online bill payment through a credit card?
Preferably no service charge, but if the service charge is low, it's ok.

Thanks
13 replies
Deal Expert
Aug 22, 2011
35549 posts
21609 upvotes
Center of Universe
Try CTFS.
[OP]
Newbie
Dec 27, 2017
55 posts
18 upvotes
I don't get you. Are you recommending Canadian Tire Bank? I have a credit card.
[OP]
Newbie
Dec 27, 2017
55 posts
18 upvotes
vkizzle wrote: Try CTFS.
I don't get you. Are you recommending Canadian Tire Bank? I have a credit card.
[OP]
Newbie
Dec 27, 2017
55 posts
18 upvotes
Kiraly wrote: If you have a Canadian Tire credit card, then yes. Go to Payments, add payee, search for the payee. This is one of the only ways to pay by credit card at many places that don't take credit cards but do take online bill payments from banks.
Thanks for the explanation. Good to know. Unfortunately I don't have a Canadian Tire credit card. Is there any other way? I see there's payment platform like Plastiq, but I never used it before.
Sr. Member
Sep 16, 2012
674 posts
525 upvotes
GTA/London
tatuya wrote: Thanks for the explanation. Good to know. Unfortunately I don't have a Canadian Tire credit card. Is there any other way? I see there's payment platform like Plastiq, but I never used it before.
I recommend you or your parents get a card then. It's how I've been paying tuition, bank payment-only utilities, etc. No other bank provides this service for no fee.

Plastiq will charge a service fee of 2.5%, Paysimply 2.25% on Paypal. CTFS charges no fee and you earn 0.8%/1% (depending on regular or world elite) cashback on bill payments.
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Sr. Member
Aug 5, 2018
538 posts
751 upvotes
For tuition payments, I suggest getting Canadian Tire Cash advantage, where you get 1% to 1.5% cashback for no fee, when paying through their online portal, by 'payees'.

If you use Plastiq at 2.5%, you need to make sure that you are working on a sign up bonus for a card. The regular earn rate of any credit card is much lower than 2.5%.
Sr. Member
Sep 16, 2012
674 posts
525 upvotes
GTA/London
xx1what wrote: For tuition payments, I suggest getting Canadian Tire Cash advantage, where you get 1% to 1.5% cashback for no fee, when paying through their online portal, by 'payees'.

If you use Plastiq at 2.5%, you need to make sure that you are working on a sign up bonus for a card. The regular earn rate of any credit card is much lower than 2.5%.
Not quite 1% and up:

Cash back rewards are calculated as follows: at the rate of
0.25% on the first $1,500 of net new purchases; at the rate of 0.50% on net new purchases above $1500 up to
and including $3000; at the rate of 1.0% on net new purchases above $3,000 up to and including $24,000; and
at the rate of 1.5% on net new purchases above $24,000.

https://www.ctfs.com/content/ctfs/en/ca ... ntage.html
💳: Amex Pers Plat, Scotia Amex Gold, CTFS WE, Brim WE, Simplii VISA
Deal Guru
User avatar
May 8, 2009
14236 posts
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Not Leask
DaveProductions wrote: Not quite 1% and up:

Cash back rewards are calculated as follows: at the rate of
0.25% on the first $1,500 of net new purchases; at the rate of 0.50% on net new purchases above $1500 up to
and including $3000; at the rate of 1.0% on net new purchases above $3,000 up to and including $24,000; and
at the rate of 1.5% on net new purchases above $24,000.

https://www.ctfs.com/content/ctfs/en/ca ... ntage.html
With university tuition, you'll quickly reach the 1+% cashback spend tier.
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Sr. Member
Sep 16, 2012
674 posts
525 upvotes
GTA/London
titaniumtux wrote: With university tuition, you'll quickly reach the 1+% cashback spend tier.
Agreed, but I still think you're better off doing the math and calculating the tradeoff between the 1/0.8% on Triangle vs just the Cash Advantage tiered system, among any other perks i.e roadside, groceries on the WE.
💳: Amex Pers Plat, Scotia Amex Gold, CTFS WE, Brim WE, Simplii VISA
Deal Expert
Aug 22, 2011
35549 posts
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DaveProductions wrote: Agreed, but I still think you're better off doing the math and calculating the tradeoff between the 1/0.8% on Triangle vs just the Cash Advantage tiered system, among any other perks i.e roadside, groceries on the WE.
University student making $80K?
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May 8, 2009
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DaveProductions wrote: Agreed, but I still think you're better off doing the math and calculating the tradeoff between the 1/0.8% on Triangle vs just the Cash Advantage tiered system, among any other perks i.e roadside, groceries on the WE.
Take both!
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Sr. Member
Sep 16, 2012
674 posts
525 upvotes
GTA/London
vkizzle wrote: University student making $80K?
Hence recommending they or their parents :)
titaniumtux wrote: Take both!
That works too!
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