If you agree that someone can take a payment from your credit or debit card at a future date, known as a ‘continuous payment authority’, you can cancel the payment before it is taken.
The above applies to:
- one-off payments, for example to pay back a payday loan
- regular payments, such as payments for a gym membership or magazine subscription.
The rules about cancelling future card payments do not apply to card purchases for goods or services, such as in a shop or paying a hotel bill.
Read more at our national website which tells you about when you can stop a card payment, how to stop card payments and what to do if the card provider doesn’t put things right.
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