I don’t think you need to worry about Prism though. After all, you’re giving this company information and access to your private accounts. The big concern for almost everyone when using a fintech app is security.
That’s it! Prism notifies you that your bill payment has been scheduled and it handles the rest from there. My advice is to always give yourself a day or two of buffer time just in case there are any issues with your payment.įinally, when you’re ready to pay, you simply swipe click the pay button to schedule your payment. I generally like to pay all of my bills on the first of the month, but do what works best for you. My tip is to use the bill payment method that doesn’t cost you anything.įinally, the last row lets you pick the date you’d like to pay your bill. Prism warns you in advance if you use a payment method that has a fee. Some billers charge a fee if you pay using a credit card or some other payment method.
The second row allows you to pick which payment account you’ll use to pay your bill.
Of course, I always recommend you pay the full amount due on any bill. You can either pick the full amount, the minimum payment, or a custom amount. The top row lets you pick how much you want to pay towards your bill. Prism change its interface in 2021, so this is what it now looks like for your typical bill: When a new bill comes in, it brings you to the bill pay screen.
If the payment method is free with your biller, then it’s also free with Prism. Most importantly, Prism is completely free. That’s perfect if you suddenly realize a bill is due. Since Prism doesn’t use a third-party payment platform, you can pay any bill right away without any delay if you want. You then go into the app and either pay the bill immediately or schedule a payment for some time in the future. When a new bill is available, Prism sends a push notification to your phone letting you know that you should schedule a bill payment. With your billers and payment accounts linked, Prism will now monitor all of your bills for you. I typically pay my bills with a credit card if possible in order to earn points and miles, although not every biller allows you to pay in that way. I linked my checking account and my credit cards. the accounts you will use to pay your bills. Next, you link your payment accounts – i.e. When I signed up, I linked my electricity, gas, cable/internet, water/trash, and credit cards. First, you link all of your bills with the app. The steps to set up Prism are pretty straightforward. The app only works on your phone and there’s no web app for it at the moment. I like to think of it as similar to Mint or Personal Capital, but dedicated solely to managing your bills. Prism is a bill management app that lets you see and pay all of your bills from a single app. With that in mind, I was looking for a solution that would let me see all of my bills in one place and allow me to basically automate and manually pay my bills at the same time. And I definitely don’t want to get caught paying any late fees. I also don’t want to ever forget to pay a bill. There’s something comforting to me about being able to make sure that my bill looks right before I pay it.Īt the same time, I don’t want to spend a ton of time logging into every biller’s website. While I’m a big fan of automating your finances, I still like being able to look at my bills before I pay them. In this Prism app review, I’m going to go over what Prism is, how it works, and why I recommend it. One such app that I use is a bill management app called Prism. I thought it’d be helpful to share reviews about some of the lesser-known fintech apps that I personally use and that might be useful to you. You’ve probably already read reviews about some of the big players in the fintech world- apps like Mint or Personal Capital. And there are some really awesome fintech apps out there today. Anyone who knows me knows that I’m a big fintech geek.