4. Anything with Autopay Services
More and more companies are shifting to autopay. That means you’re not just paying for a service once and asked to renew, but you’re having your card charged automatically on a monthly or yearly basis. This has its benefits—convenience, the removal of late fees—but it also causes complacency.
When you aren’t reminded that you are paying your bill and taking that moment to review the charges or cost breakdown before agreeing to pay, you ignore often costly extra charges or questionable fees.
You also risk being charged overdraft fees should your bank account balance be too low to afford your latest autopayment. Even worse: Many companies secretly marble in “gray charges” into your bill that you’re not even seeing.