Recurring card payments are commonly used for things like breakdown cover, insurance policies, or TV, music and magazine subscriptions (Netflix or Amazon Prime, for example).
They can often start with a free trial – when your trial ends, the company will use your card details to take regular payments. The company should tell you this when you sign up for the free trial.
It’s a recurring card payment if:
- you’re asked for your debit or credit card details, not your current account details
- you’re asked to agree the company can use your card details to take a payment from you regularly (check the small print)
- the payment shows up on your statement as a Visa purchase.