When exactly does my pre authorized debit get billed from my account?

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  • Updated 1 year ago
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So I've been doing pre authorized debit for several months now and never really paid attention to it.  But now I find myself struggling financially for this month and I am wondering exactly what day the money will be taken from my account.  I looked up previous billing dates and it seems random.  Anyways, here's the information I have that might help somebody who knows about this solve my problem: 

This is for the dates Apr 28 - May 27, 2017, and on the bottom it says that "The total amount due will be charged to your credit card 15 days from your bill date."  (weird that it says credit card even though I have it hooked up to my chequing account).  And when I click on account history and check for the month of May it says that the Due Date is Jun 22.  

So far the payment hasn't been taken out of my account.  Now another thing to keep in mind is that for Sat 10th and most of Sun 11th of this month I didn't have enough money in my account to pay the bill so if the money was to be taken that weekend I'm wondering if it screws everything up or if it will try again a few days later?  

Thanks for any help.  I'd love to know exactly how this works!
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Road Goalie

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Posted 1 year ago

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Goran, Mobile Master

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Your bank might charge you a NSF fee but Moody would just try again I believe. If you're worried, you can remove automated payment and pay manually closer to the due date to make sure there's still funds available.
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PM

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Why do you keep writing Moody?
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Dennis, Mobile Master

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Where else do you see moody?
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Dennis, Mobile Master

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The amount should come out 15 days after the bill date.  Usually within a day or 2 from that 15 period (no earlier).