Automatic transfer to new card account Clause Samples
The "Automatic transfer to new card account" clause establishes that, in certain circumstances, the balance or obligations from an existing card account will be automatically moved to a newly issued card account. This typically occurs when a card is replaced due to expiration, loss, or upgrades, and ensures that any outstanding balances, rewards, or payment schedules are seamlessly continued on the new account. The core function of this clause is to maintain continuity for the cardholder and the issuer, preventing disruption in service or confusion over account balances during card transitions.
Automatic transfer to new card account. If you are issued with a replacement card with a different card number, you will need to re-establish any recurring payment instructions you have with your respective billing organization(s) to avoid any disruption to your bill payments and/or lapses in your policies (where applicable) and we will not be liable for any loss or damages incurred by you in connection with your failure to do such update. Further, if your recurring payment instruction is with a Specified Organisation named in ▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇.▇▇/recurringmerchants, you agree that we may, but are not obliged to, automatically charge your bills to such replacement card.
Automatic transfer to new card account. If you are issued with a replacement card with a different card number, you will need to re-establish any recurring payment instructions you have with your respective billing organization(s), save where the billing organization is a Specified Organisation named in ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇/recurringmerchants. If your recurring payment instruction is with a Specified Organisation, your bills will automatically be debited to your new card number without any further action required on your part. Similarly, if you have a recurring billing arrangement for the insurance premiums in respect of an insurance policy distributed by us to be charged to your card, the insurance premiums will automatically be debited to your new card number without any further action required on your part. Please refer to ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇/global_docs/pdf/detailed_list_of_policies.pdf for the full list of policies distributed by us.
Automatic transfer to new card account. If you are issued with a replacement card with a different card number, you will need to re-establish any recurring payment instructions you have with your respective billing organization(s), save where the billing organization is a Specified Organisation named in ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇. If your recurring payment instruction is with a Specified Organisation, your bills will automatically be debited to your new card number without any further action required on your part. Similarly, if you have a recurring billing arrangement for the insurance premiums in respect of an insurance policy distributed by us to be charged to your card, the insurance premiums will automatically be debited to your new card number without any further action required on your part. Please refer to ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇_▇▇▇▇/▇▇▇/▇▇▇▇▇▇▇▇_▇▇▇▇_▇▇_▇▇▇▇▇▇▇▇.▇▇▇ for the full list of policies distributed by us.
Automatic transfer to new card account. If you are issued with a replacement card with a different card number, you will need to re-establish any recurring payment instructions you have with your respective billing organization(s) to avoid any disruption to your bill payments and/or lapses in your policies (where applicable) and we will not be liable for any loss or damages incurred by you in connection with your failure to do such update. Further, if your recurring payment instruction is with a Specified Organisation named in ▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇. sg/recurringmerchants, you agree that we may, but are not obliged to, automatically charge your bills to such replacement card.