Automatic Payments

Types of Auto-Pay

There are two types of payments you schedule automatically:

  1. Auto-pay in response to an e-bill.
    An automatic payment in response to an e-bill is a payment that you set up to go out every time you receive this e-bill, without requiring your approval each time. You can pay the full bill, pay the minimum due, pay nothing and file the bill, or create your own rule for how the bill gets paid. For example, you could tell us to pay your credit card bill automatically in three different ways:
    • Pay the entire bill if it is $200 or less. Pay nothing and send an e-mail notification if it is more than $200.
    • Pay the minimum amount due every month.
    • Pay nothing and send an e-mail notification.

    You can also select when to pay the bill—either when the bill arrives or a designated number of days before the bill is due (10 is the default).
  2. Auto-pay at regular intervals.
    You specify the amount, the frequency, the start date and the end date or the number of payments to make. Based on the duration of the loan, you could also establish the end date of the automatic payment rule. For example, you could schedule a payment for your car loan in the amount of $300 on the 1st of every month for the next 36 months.

Setting up an Auto-Pay for a Bill in Manage Your Payees

To set up an auto-pay for a bill, follow the instructions below:

  1. Highlight your bill in Manage Your Payees and click the Options link.
  2. From the Options menu, click the Set up auto-pay link. The Auto-pay Options window appears.
  3. If necessary, select the auto-pay option and then enter the payment information.
  4. Click the Save auto-pay options. The Auto-pay Options Confirmation window appears.
  5. Click Close.

Modifying an Auto-Pay

To modify an auto-pay for a bill, follow the instructions below:

  1. Highlight your bill in Manage Your Payees and click the Options link.
  2. From the Options menu, click the Edit auto-pay link. The Auto-pay Options window appears.
  3. If necessary, select a new auto-pay option and/or enter your new payment information.
  4. Click the Save auto-pay options button. The Auto-pay Options Confirmation window appears.
  5. Click Close.