How to Cancel Auto Debit HSBC Credit Card Payments?

What is Auto Debit on HSBC Credit Cards in the UAE?

The auto debit facility on HSBC credit cards in the UAE is also known as ‘Direct Debit’. It helps you pay your bills related to the card and more automatically on time. It’s commonly used for bills, rent, mortgages, memberships, subscriptions, and more. 

Auto debits help you avoid missed or late payments. When you set it up, you agree on details like payment date, schedule, and amount. You will receive a notification from the company or organisation. Once set up, the concerned company or organisation can automatically take payments from your card on agreed dates. 

Why Activate the Auto Debit Feature on an HSBC Credit Card?

When you activate auto debit on your HSBC credit card in the UAE, you get several benefits —

Avoid Late Fees 

With auto debit, your card’s payment — whether it’s the full balance or the minimum due — is taken directly. This way, you can make payments on time and save on late fees or extra interest charges. 

Enhance Your Credit Score

Paying credit card bills on time is a big factor in keeping a healthy credit Score. This feature helps improve your score.

Save Time and Effort

With direct debits, your bills and subscriptions are directly paid off. You don’t need to set reminders. Rather, you can set up the facility and save your precious time. 

Secure and Reliable Payments

With manual payments, you can face the risk of fraud and theft. After all, multiple payments often involve sharing card or account details through various portals. The direct debit facility saves you from this and ensures that the payments are automatically processed through HSBC’s secure systems. 

Better Budget Management

Knowing the exact date and amount of the deduction makes it easier to plan your monthly expenses. This helps you avoid overspending and keeps your cash flow in check.

Read More: How to Auto Debit HSBC Credit Card Payments?

How to Cancel Auto Debit HSBC Credit Card Payments? 

Let’s now understand how you can easily cancel auto-debit HSBC credit card payments —

Identify How the Auto Debit Was Set Up

• If it was arranged through a company or organisation, contact them directly to request cancellation or changes (such as payment amount, date, or frequency)
• If you set it up through HSBC online banking, log in and submit your cancellation or amendment request there

Submit Your Request in Advance

Make sure you request the cancellation at least four working days before your next scheduled payment. This ensures that your request is completed on time.

Confirm the Changes

After making the request, double-check your account or payment records to confirm the auto debit has been stopped or updated as per your instructions.

Why Cancel Auto Debit HSBC Credit Card Payments?

Despite all the benefits of direct debits, you may still want to cancel it. Here are some popular scenarios in which cardholders want to cancel auto debit HSBC credit card payments —

• When you prefer manual payments 
• When you are closing your HSBC bank account or credit card
• If you want to avoid overdraft or low-balance issues
• You are changing your job location or company
• When you are facing temporary financial difficulties

Wrapping Up 

Auto debit (direct debit), available with HSBC cards, gives you the convenience of paying bills on time and avoiding fines. However, in some cases, you may need to cancel direct debit HSBC credit card payments. The process for the same is quite easy. You can use mobile or online banking and take a pause. Alternatively, you can directly notify the company that charges you on direct debit and put a stop to it. 
 

Frequently Asked Questions