If you have an ongoing subscription service, the easiest way to pay is to set up an autopay plan. If you’re worried about late fees and interest, autopay is one way to avoid those penalties.

While you may be tempted to spread autopayment plans around, some recurring charges are better off being paid as you go. For example, an annual fee may cost less per month than a monthly charge, but it could hit you hard when that annual payment comes due. Tap or click here for five bills you should never put on autopay.

Buy now, pay later loans let you split the cost of purchases into equal payments, then pay it off on a schedule. While you usually don’t have to deal with credit checks and traditional loan agreements, there are drawbacks to these payment plans.