A recurring payment is money that leaves your account on a repeating schedule without you initiating each transfer manually. Think subscriptions, insurance premiums, gym fees, or utility bills.

Automating recurring costs helps you pay on time and protects your credit history. The trick is knowing which type of recurring setup you are using so you stay in control.

Types of recurring payments

• Standing order: You send a fixed amount on a schedule you choose.

• Direct Debit: A company pulls an amount they bill you (amount can change).

• Card subscription: Merchant charges your debit or Credit Card each period.

How to manage recurring payments

List every subscription and bill once a quarter. Cancel what you no longer use. Keep a bills buffer in a dedicated Bank Account so debits never fail. Use Budgeting to see recurring totals alongside day-to-day spending.

Recurring payments at bunq

See all activity in your payments feed with instant notifications. Freeze your card in one tap if a subscription should stop. For merchant-initiated debits, review active mandates in the app and revoke access when a service ends.

Common questions

How do I stop a subscription?

Cancel with the merchant first, then remove the card or Direct Debit authorization in your banking app.

Can I get a refund for a wrongful debit?

SEPA Direct Debit rules give strong refund rights for unauthorized debits within set time limits. Card chargebacks follow card network rules.