Do you mean auto-drafting of bills? In my experience, you can usually set it up to take the money it at the last possible moment. In that case, I don't see how you could get any benefit from doing it manually. Is there something I'm missing?
For folks right at the edge the decision may come down to "which is higher, the late fee or the overdraft fee?"
A few years back there was a case against one of the big banks over structuring transactions on the same day - the bank was doing them largest to smallest, with the end result that people were being hit with multiple overdraft fees in one day. If you had enough for 3 of 4 bills but would be $100 short on the largest, the bank would pay the big one, then the second largest, then either cover or bounce the last two while charging an overdraft fee for each. At the end of the day instead of being $100 short you were $200 sorry with extra fees.
- more control. You can choose to delay paying a specific bill to make sure more important bills get paid on time.
- safety. You'll never find yourself trying to get money back from a company that you're having a dispute with.
I used to allow it, and I ran into the second issue. It's the reason why I made that decision years ago, and I don't regret it one bit. It takes all of 1-2 hours/month to get all my bills paid.
The first point (control) is more for the post I was responding to, however.
