I set up automatic bell payment through Tangerine and it says on MyBell that I am late paying it.
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❗AI Summary:
When you set up pre-authorized payments, the withdrawal of funds from your bank account or credit card does not happen immediately on the next bill's due date. It's important to note that it can take one full billing cycle for pre-authorized payments to become active after you first enroll. For this reason, it is recommended to make a manual payment for your first bill after setting up pre-authorized payments to avoid any late fees.
You can review your billing and payment history, including your bill date, due date and any upcoming pre-authorized payment dates, by logging into MyBell.
Key Factors Influencing Pre-Authorized Payment Timing
Billing Cycle: Your bill is issued on the same date each month, and this date is typically determined by when services were first activated. Bell services are billed one month in advance and payment processing times are determined by the type of pre-authorized payment chosen.
Payment Method Processing Time:
- Pre-authorized debit: Withdrawals from a bank account can take up to 18 calendar days to be processed after your bill date.
- Pre-authorized credit card: Payments made with a credit card are typically processed within 7 business days after your bill date.