Prepay bills to meet credit card spend requirements easily

miles and points

I’m going to write about one of my favorite ways to easily meet the spending requirements typically required for credit card sign up bonuses. This method is also helpful if you’re a bit short on miles or points for an award redemption.

First off, this works for me because I pay my credit cards off in full each month and thus avoid any interest. If you’re unable to pay your credit cards off in full I do not recommend doing anything discussed below.

The premise of prepaying bills is simple but often overlooked. In some instances prepaying allows you to minimize flat fees charged when paying with a credit card. The thinking is that I’m going to consume these utilities sooner or later and this way I don’t purchase anything needlessly to meet a spending requirement.  Here’s some of the bills I prepay:

  • Verizon Fios – There’s no charge to pay your monthly bill with a credit card and you can prepay up to $24999.99 with a one-time payment. I only use Verizon for internet so I won’t prepay more than $500. The resulting credit balance will usually get used up within 7-8 months.
  • T-Mobile – No charge to pay with credit card or prepay your bill. You can prepay up to $25,000.01. My monthly bill is $100+ so I will comfortably prepay $1,000 knowing the credit balance will be used up in 9-10 months.
  • DirecTV – You can’t really prepay much with them as they only allow you to pay $100 over your current balance at any given time.
  • EZPass – I live in an area infamous for tolls. Tolls around here aren’t cheap and really do add up. No fee to prepay account up to $99,000 max. Yes, the maximum amount allowed on their website is $99,000.
  • PSE&G – This is my local electric and gas provider. $3.95 fee / $1,500 max
  • Suez – This is my local water utility. $1.99 fee / $1,000 max


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