The following authorization terms (“AutoPay Terms”) are applicable to the Current Max Subscription (“Current Max” or the “Subscription”) provided by Finco Services, Inc. d/b/a Current, its subsidiaries and/or affiliates (collectively, “Current,” or “we,” “our” and “us”). “I” refers to the individual using the Subscription. These AutoPay Terms are subject to, and are governed by, the terms of the Current Max Subscription Agreement, which are incorporated herein by reference. Except as otherwise defined herein, all capitalized terms used herein shall have the same meaning as in the Current Max Subscription Agreement.
1. AutoPay Authorization and Acceptance of the AutoPay Terms By agreeing to these AutoPay Terms, I hereby authorize Current to initiate recurring electronic debit entries for payment of the disclosed Subscription Fee shown in the Current Max section of the App from my Current Account at the beginning of each Billing Cycle (“AutoPay”) until I cancel my Subscription or I revoke this AutoPay authorization. I also confirm that I am authorized to initiate transfers from my Current Account and that I authorize such transactions from that account each Billing Cycle. I also acknowledge and agree that my monthly statements will be the only notice of the Subscription Fee amount deducted.
If Current is unable to collect my full Subscription Fee from my Current Account for any reason, including but not limited to insufficient funds in my Current Account, I also authorize Current to collect my monthly Subscription Fee from the following sources:
My Fee-Free Overdraft (debit and/or Build Card), if applicable,
My Savings Pods, if applicable,
Any external funding sources, if applicable, I have linked to Current.
In addition, if Current is unable to collect my full Subscription Fee from any of the above funding sources for any reason on the first day of my Billing Cycle, I understand and acknowledge that Current—in its sole discretion—reserves the right to continue attempting to collect the Subscription Fee (and continue offering me Current Max in the meantime). I also understand and acknowledge that Current reserves the right to cease offering me Current Max if Current is unable to collect my Subscription Fee.
2. Authorization to Correct Errors I also authorize Current to initiate electronic debits or credits to my Current Account (or—where applicable—my Fee-Free Overdraft, Savings Pods, or external funding sources) in the event of an erroneous debit or credit or as otherwise appropriate.
3. Cancellation or Termination This AutoPay authorization will remain in full force and effect unless I notify Current that I wish to revoke the authorization or cancel my Subscription a minimum of three (3) business days before the scheduled date of transfer, either orally or in writing, to the Support team. I also understand that my revocation of this authorization will not cancel any payment that is initiated before it becomes effective.
4. Miscellaneous These AutoPay Terms are subject to change or amendment from time to time, including by adding, deleting or modifying terms, for any or no reason, and will be effective when posted on the Current App and website. We may provide notice of changes to these AutoPay Terms as and if required by applicable law. My continued use of and enrollment in AutoPay following any changes to these AutoPay Terms will constitute my agreement to and acceptance of any changes.
I understand that I should retain a copy of this AutoPay Authorization for my records and any authorized updates to it, which will be provided to me if required by applicable law.