This is where you have given your card details to be stored for future use or to pay a recurring or variable bill, similar to a direct debit.
Examples of these are:
- your gas bill
- online take away service
- streaming/TV subscription
- subscription App
- gym membership
- online shopping for groceries/clothes
- additional charges for a hotel payment for example, mini-bar use, breakfast on the morning of check-out
These can be fixed or variable amounts, and at fixed or variable times during the year.