Recurring Payments on Credit and Debit Card

pjm200

Please be aware that when you make a payment for something like insurance or break down cover using a credit/debit card you can run into very annoying problems.
For example you can buy insurance that appears to be for one year, but the next year you will automatically be charged again if you do not actively cancel.
This can be a particular problem if you change address, and you don't tell the company.

You can still be charged a recurring charge even after completely closing and paying off a credit card account!!!!!!!! Your old credit card company will continue charging your (closed) account.

Peter.:j

chuckley

pjm200 wrote: »

Please be aware that when you make a payment for something like insurance or break down cover using a credit/debit card you can run into very annoying problems.
For example you can buy insurance that appears to be for one year, but the next year you will automatically be charged again if you do not actively cancel.

WELL... OBVIOUSLY!


This can be a particular problem if you change address, and you don't tell the company.

why wouldnt u tell your insurance company your new address?!

You can still be charged a recurring charge even after completely closing and paying off a credit card account!!!!!!!! Your old credit card company will continue charging your (closed) account.

your fault for not canceling your agreement.... they will probably chase you down now, and so they should.
Peter.:j

so basically u didnt tel company new address, they recharged for the next year but u thought ud get away with it by canceling the card?!

FUNNY.

Sooler

pjm200 wrote: »

This can be a particular problem if you change address, and you don't tell the company.

if you didn't tell them your new address you've probably breached the terms your insurance policy as the premium is based on where you live.

C_Ronaldo

OP if you have insurance like most people do then you check the t&c's, the policy will carry on if you dont call them and cancel so to counter this you call them when theres a month or just over to cancel and you look for another policy,