Yes, if you have the “Send Alerts” setting set to Preferred Transactions, you'll be able to block and unblock specific merchants or types of transactions.
You can block a merchant from charging future payments to your card at any point. However, you should always contact the business first to cancel a recurring payment or subscription before contacting your card issuer.
To stop any reoccurring transaction on your debit card, you must contact the merchant (company) directly to make other payment arrangements. If the transaction has already been authorized (pending) it is unable to be stopped from the Credit Union.
Ask the merchant or retailer to reverse the charge, cancel the sale or release the hold for the confirmed amount. The sooner you contact the merchant, the more likely the pending transaction can be canceled. If you suspect fraud, skip the merchant and call your bank or card issuer first.
Stopping a card payment
To withdraw consent, simply tell whoever issued your card (the bank, building society or credit card company) that you don't want the payment to be made. You can tell the card issuer by phone, email or letter.
To stop payment, you need to notify your bank at least three business days before the transaction is scheduled to be made and your bank may charge a fee. The notice to stop the transaction may be made orally or in writing. A bank can require written confirmation of an oral stop payment request.
A stop payment is a request from an account holder to a financial institution, such as a bank or credit union, to not process a payment. The payment may be a paper check or an automatic debit payment, like those you set up for a recurring subscription or bill.
Call the company and tell them you are taking away your permission for the company to take automatic payments out of your bank account. The company's customer service should be able to help you, and there might be an online form you can use. Then, follow up by writing a letter or an e-mail.
Yes, you can block a company from charging your credit card. You do this by contacting your bank and either revoking authorization for the payment or requesting a stop payment order.
If the vendor in question continues to take money from your account despite your request that it stop, you'll need to get in touch with your card issuer and ask that they block the company from charging your credit card.
Canceling a pending transaction usually requires contacting the merchant who made the charge. Once a pending transaction has posted, contact your bank or card issuer to dispute it.
Some mobile banking apps allow users to lock a card through the app, but if not, call the bank or credit union and ask the representative to do it.
When you place a lock on your debit or ATM card via Online or Mobile Banking, it will prevent most types of card transactions from being processed until you take action to unlock your card.
You can also ask your financial institution to stop direct debits from your bank account. You can't ask your financial institution to cancel a direct debit from a credit card – you can only do this directly with your telecommunications provider.
Issuing a Stop Payment Order
A stop payment order gives your bank or credit union permission to block a company or vendor from taking money from your account. This process could be done over the phone, in an email, or in person. Some banks may charge a fee for this service.
I've received a new card, do I need to change my regular card payments? Regular card payments will only be affected if your card number has been changed. Any retailer who has registered your old card number, for regular or future payments, will need to be advised of your new card details.
Transactions already in process or completed can't be stopped. Once it's posted, you may be able to dispute the charge. See also: How do I dispute a transaction on my credit card? To stop a scheduled transaction, you'll need to submit the request at least three business days before the scheduled charge date.
Most banks allow you to sign in to your account online or through your bank's mobile app to request a stop payment. Find a tab that may say "Bill Pay" or "Pay My Bills." Here you'll be able to edit or cancel any scheduled payments you have.
You can reverse an unauthorised debit order and block it for 3 months. If you're using the Money app or Online Banking to make a payment, you will get an Approve-It message on your cellphone, asking you to accept or reject an electronic payment.
You can either get in touch with your bank or building society and tell them which one you want to stop, or you can cancel online or via your banking app. To make things simple, it's also worth telling the organisation you were paying that you've stopped the Direct Debit.
Typically you can't cancel a pending transaction. Even if it's fraudulent or the wrong amount, your bank usually needs the transaction to post before it can next steps. That doesn't mean it's impossible to cancel — you can contact the merchant if there is an error and they can usually reverse it.
To cancel a recurring ACH payment, you'll need to first contact the company you're paying and inform them that you're revoking their access to your account.