Regions Help & Support
If I’ve arranged for automatic payments, will payments on my Term It® Plan be automatically deducted?
Regions offers you several options to set up automatic payments on your credit card account. Keep in mind:
- If you choose the Minimum Payment Due option, it will deduct the monthly payment for Term It® Plan.
- If you choose Statement Balance option, it will deduct the monthly payment due for each Plan on your account (which is the total plan payment), along with an amount equal to the adjusted new balance owed on your account, which is the new balance minus any total plan balance owed on Term It Plans.
- If you choose the Current Balance option, it will deduct the total balance owed on your account at the time of payment, including the outstanding balance owed on any Term It Plan on your account.
- If you choose the Other Amount option, it will deduct the amount you designate, which may or may not cover the Total Minimum Payment Due on your account, including any monthly Plan payment.