Will a direct debit go through if my card is locked?

Locked Card, No Problem: Direct Debits Still Go Through

Have you ever locked your debit card, panicked about upcoming bills, and wondered if your direct debits would still be processed? Rest assured, a locked card won’t stop your scheduled payments or deposits. Here’s why:

Direct debits operate through a distinct system from your debit card. When you set up a direct debit, you authorize a specific company or organization to withdraw funds directly from your bank account at regular intervals. This authorization is independent of your card’s status.

Your bank uses a unique account identification number to process direct debits. This number is separate from your debit card details. So, even if you’ve locked your card, the pre-authorized transactions will still go through as scheduled, using the dedicated routing system for direct debits.

Think of it this way: Your debit card is like a key to your bank account. When you lock it, you’re essentially disabling that key. But direct debits are like having a separate key for specific transactions, which remain active even if your main key is locked.

However, there are a couple of exceptions to keep in mind:

• One-time payments: If a direct debit is set up for a one-time payment, and your card is locked before the payment is processed, it might be declined.
• New direct debits: If you try to set up a new direct debit while your card is locked, the process might be halted until you unlock your card.

Bottom line: A locked debit card won’t interfere with your existing direct debit arrangements. Your scheduled payments and deposits will continue as usual, ensuring a smooth financial flow even if you’ve temporarily disabled your card.

#Cardlocked #Directdebit #Paymentfail