Setting up recurring payments with your debit card
Handy and secure for paying subscriptions and membership fees
Use your new Mastercard debit card to set up automatic payments. You and the seller decide on the amount and frequency of the payments. This could be useful for subscriptions and membership fees, for example.
Pay securely and on time, without having to think about it. You just set up the automatic payments once using your debit card, and future payments will be made automatically. No need to worry that you’ll suddenly miss out on your favourite TV series!
Difference between a recurring payment and a direct debit
If you set up a direct debit, you are authorising a company to debit money from your account. You may already have direct debits set up for your insurance or monthly energy bills.
Recurring payments are payments made to a physical or online shop or a seller using your debit card. They are repeated on a fixed date to pay for your newspaper, for example, or a streaming service or gym membership. The amount is debited from your account using your debit card.
This is how you set up a recurring payment
Go to the seller or provider’s shop or web page, or open their app.
When taking out the subscription, select ‘Recurring payment’ as the payment method.
If possible, select the frequency of the payment (for example, weekly, monthly or quarterly), enter your card details and select the amount.
Check the data you’ve entered: the frequency, amount and card details.
Some sellers ask you to agree to their General terms and conditions. Read them carefully and agree before continuing.
Confirm the payment. You’ve now set up a recurring payment.
Difference between a recurring payment and a direct debit
A recurring payment is very similar to a direct debit, but there are some differences. If you set up a direct debit, you are authorising a company to debit money regularly from your account to pay for your insurance or monthly energy bills, for example.
Difference between a recurring payment and a standing order
A recurring payment using your debit card is very similar to a standing order, but there are some differences. You set up a standing order yourself in the ABN AMRO app or on Internet Banking, and the payment order repeats itself. It’s a convenient way of paying your rent, saving or giving your child pocket money. So no sellers are involved.
Frequently asked questions
When is a recurring payment a convenient payment method?
A recurring payment is a handy way to pay for subscriptions for a newspaper or streaming service or gym membership, for example.
Where can I use recurring payments?
You can set up recurring payments for payments in the Netherlands and abroad. They can be used for online payments and payments at physical sales outlets, such as taking out and signing for gym membership after an introductory session. It is up to sellers and providers to decide whether or not they offer this payment option.
Can I use my Maestro debit card for recurring payments?
No, you can only arrange recurring payments with the new debit card showing the Mastercard logo. Over the next few years, we will replace all Maestro debit cards. You will receive your new debit card with the Mastercard logo automatically.
Can I also pay foreign sellers or providers using a recurring payment?
Yes, you can. It is up to sellers to decide which payment methods they offer, and this also applies to foreign (online) shops. Not every (online) shop offers the recurring payment option.
How do I stop a recurring payment?
This depends on the way in which the seller or provider offers the recurring payment option, and on the contract you’ve signed. Contact the seller’s or provider’s customer service department to find out more.
Reserving an amount
You can use your new debit card to pay for online shopping, book a hotel or rental car. A reservation is useful when the total amount or delivery date is uncertain. The amount of the reservation will be deducted from your disposable balance in your current account.
Pay securely with your new debit card
Shop and pay online securely with your new debit card. You may sometimes have to approve your payment first in the ABN AMRO app.