What Happens To Recurring Payments When You Cancel A Credit Card? - Points and Perks Channel

Описание: What Happens To Recurring Payments When You Cancel A Credit Card? Are you curious about what happens to your automatic payments when you decide to cancel a credit card? In this informative video, we’ll explain everything you need to know about managing recurring payments and avoiding unwanted charges. We’ll cover how these payments are authorized, what to expect after canceling your card, and the best steps to ensure your subscriptions and services are properly handled. You’ll learn how merchant payment attempts continue even after card cancellation, and how services like card updater programs can keep your payments running smoothly without interruption. We’ll also share practical tips on how to contact merchants directly, how to work with your bank to stop unauthorized charges, and why updating your payment info before canceling can help you maintain your favorite services. Additionally, we’ll discuss the importance of monitoring your bank statements regularly to catch any unexpected charges and how to dispute unauthorized transactions. Managing recurring payments correctly is essential to avoid fees, keep your services active, and continue earning rewards or travel perks tied to your credit card. Whether you’re planning to cancel a card or want to better understand your payment obligations, this video provides helpful guidance to keep your finances organized and your benefits intact.

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