Choosing the Best Payment Method for Homeowner Dues: A Guide to Checks, eChecks, ACH Transfers, and Credit Cards

By: April Ahrendsen - Community Association Banking - First Citizens Bank

As a homeowner, making sure your dues are paid on time is crucial. Timely payments ensure everything runs smoothly and you avoid late fees or penalties. But with so many payment options available, how do you choose the best one? In this article, we'll dive into four popular methods: mailing a check, using an eCheck, setting up an ACH transfer, and paying with a credit card. We'll break down the pros and cons of each for homeowners, and even touch on how Positive Pay can help prevent fraud for HOAs with a business account. 

Let’s get started!

Primary Methods for Paying Homeowner Dues 

When it’s time to pay your homeowner dues, you have several options. Here’s a quick look at each:

- Mailing a Check: The traditional way of sending payments.
- eCheck: A digital version of the paper check.
- ACH Transfer: Direct bank-to-bank transfers.
- Credit Card: Quick and easy payments.

Now, let's take a closer look at each method, starting with the good old-fashioned check.

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