Making repeating card payments easier
Published 5 April 2017 by Hayley Cox
You no longer need to update your details if your card details change.
From April, thinkmoney is a part of a Mastercard® programme designed to make it easier to manage recurring card payments such as subscriptions.
These could be for things like magazines, or TV and film streaming services.
What is it?
If your card details change (for example, we send you a new one as you've lost yours) you now don't need to do a thing.
As long as the retailer is part of Mastercard's service, your payments will carry on as normal.
If you want to cancel your subscription, you'll need to do that directly with the retailer, or ask us to cancel it for you. Cancelling your card may not always stop these repeated payments.