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by chasfm11
Sat Jul 30, 2022 9:51 am
Forum: Off-Topic
Topic: debit card / credit card
Replies: 30
Views: 7248

Re: debit card / credit card

powerboatr wrote: Fri Jul 29, 2022 5:14 pm
apparently in the user agreement in visa and others there is a clause that they will ....as a convenience to customers that have cards on file with places that do auto pay etc. VISA will automatically send the NEW card info to those vendors to make sure your AUTO payments are not interrupted...you know because people are so busy they cant be bothered with updating credit card info at auto pay accounts or recurring accounts.
This but one of the reasons that I only agree to auto-pay after I've been dragged there, kicking and screaming. I have just been through a mess where the bank failed to send a renewal card or the post office lost it (jury is still out) and I had to go through the agony of updating my account information with every vendor who has a credit card on file for me with a different card. Only one of them can auto-charge. The others (like Amazon) have to have my specific request to charge on a transaction.

I'm going to call my issuing bank today to make sure that they don't have the auto-update "feature" active on my account. Thanks for the tip.

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