Bank Basics – Winter 2012

Tips for Avoiding Late Fees

Paying bills after the due date racks up an average late fee of $28.191  in addition to potentially putting a black mark on your credit report. Use these tips to make sure you never pay a bill late again.

Sign up for alerts

Some companies will send you alerts to let you know when your bill is close to being due. If you're a Nationwide Bank Credit Card or HELOC customer, you can sign up to receive an email alert prior to your bill's due date. Additionally, you can sign up for a website like mint.com and enter all your monthly bill due dates to get alerts for multiple bills from one source.

Allocate your paychecks

If you're paid twice a month, determine which bills you'll pay with the first paycheck and which will be covered by the second. You may be able to change your due dates with some creditors so that your bills are split equally between paychecks. Then, when you get paid, take care of all the corresponding bills at the same time so you don't miss any.

Try E-Bills

When you sign up for E-Bills, you can have all your bills delivered to your bill inbox each month, saving you the time and hassle of multiple websites or paper bills. In a few simple steps, you can provide us with your login information for your biller's websites - then rest easy knowing all your bills will be conveniently delivered to one place for you to view and pay.

Pay bills at your convenience

Bank with Nationwide Bank and pay bills from your smartphone – wherever, whenever.

Never pay a late fee again

To enroll in online bill pay, E-Bills or mobile bill pay, log in to your account or enroll in online banking today.

NFW-3805AO