Forum Discussion
debit card or bank account auto payment
Why do I need to update my account to a debit card or a bank account. I am under contract for 2 years and I can't drop out of plan. I don't know if T-Mobile can do that for contracted plan. Any thoug...
You just need to update it if you're using a credit card and want to keep the autopay discount. Tmobile is requiring a debit card or bank account for the autopay discount.
T-Mobile is forcing customers with AutoPay to choose one of the following options:
- Quit AutoPay, and pay T-Mobile another $5/month for each line.
- Keep AutoPay by linking to a debit card. This carries the risk of getting hit with fraudulent charges if (when?) T-Mobile is hacked again, although you can limit debit care fraud losses to $50 by keeping close tabs on debit card charges and immediately reporting any fraudulent activity.
- Keep AutoPay by linking to a checking account. (This carries the risk of having the account drained if/when T-Mobile is hacked again. Fraud protection for a checking account is stronger than for a debit card. If you're able to establish a no-fee checking account with a very low balance requirement that you use solely for T-Mobile AutoPay purposes, and you keep close tabs on activity in the account, you'd probably be able to avoid any loss if the account was compromised.
- Switch from T-Mobile to another carrier.
